The investment seeks to maximize total return available from a universe of higher-quality fixed income investments maturing in one to ten years from the date of settlement. Generally, the fund manager acquires obligations that mature between one and ten years from the date of settlement. The fund has a non-fundamental investment policy that, under normal circumstances, it will invest at least 80% of its net assets in fixed income securities issued in the U.S. The fund generally invests in fixed income securities that are rated investment grade.