Equity Overview
Price & Market Data
Price: $24.93
Daily Change: +$0.03 / 0.12%
Daily Range: $24.86 - $24.93
Market Cap: $0
Daily Volume: 3,940
Performance Metrics
1 Week: 0.56%
1 Month: -0.04%
3 Months: -0.68%
6 Months: -0.64%
1 Year: -0.64%
YTD: -0.64%
Details
The fund normally invests at least 80% of its net assets, plus any borrowings for investment purposes, in corporate bonds. The investment adviser uses a disciplined process to select bonds and manage risk. It normally invests at least 80% of its assets in bonds rated investment grade (i.e., Baa/BBB or higher) at the time of purchase or, if unrated, deemed of comparable quality by the investment adviser, with at least 65% of such investment grade bonds issued by corporations or the U.S. government or its agencies. The fund may invest in individual bonds of any duration.