The Fund’s investment objective is to provide current income and capital appreciation. The Fund pursues its objective by investing primarily in three distinct asset classes: • intermediate duration, investment grade corporate bonds, mortgage related securities and asset-backed securities and U.S. government and agency securities; • senior, secured floating rate loans made to corporate and other business entities; and • U.S. dollar-denominated securities of U.S. and non-U.S. issuers rated below investment grade and, to a limited extent, non-U.S. dollar denominated securities of non-U.S. issuers rated below investment grade.