Equity Overview
Price & Market Data
Price: $50.05
Daily Change: +$0.05 / 0.10%
Daily Range: $49.87 - $50.14
Market Cap: $0
Daily Volume: 16,022
Performance Metrics
1 Week: 0.42%
1 Month: 0.07%
3 Months: -1.05%
6 Months: -1.17%
1 Year: 1.39%
YTD: -0.61%
Details
The fund will seek to achieve its investment objective by investing primarily in a diversified portfolio of high yield fixed income instruments that are rated below investment grade by a NRSRO or, if unrated, are considered by the subadviser to be of comparable quality. Under normal circumstances, the fund invests at least 80% of its investable assets in high yield fixed income instruments that are rated below investment grade (commonly referred to as junk bonds) and other investments (including derivatives) with similar economic characteristics.