| NASDAQ Exchange | United States Country |
The fund aims to achieve its investment objectives by focusing on a diversified portfolio of fixed-income securities both from governments and companies across various countries, including those within emerging markets. By allocating at least 80% of its net assets, alongside any borrowings for investment purposes, into fixed-income securities denominated in U.S. dollars and non-U.S. dollars, the fund seeks to tap into the global bond market's potential. This strategy underlines the fund's commitment to leveraging opportunities presented in the international fixed-income space, aiming for growth through exposure to a range of economic environments and interest rate scenarios.
The fund primarily invests in fixed-income securities issued by governments and companies from around the world, including emerging markets. This investment product is designed for investors looking to diversify their portfolio across various countries and economic circumstances, offering exposure to global debt markets. By investing in both U.S. dollar and non-U.S. dollar-denominated bonds, the fund provides a broad spectrum of investment opportunities in the fixed-income category.
Up to 25% of the fund's assets may be allocated to securities from emerging markets, offering investors the opportunity to partake in the growth potential of these rapidly developing economies. This segment of the fund's portfolio is targeted toward investors seeking higher risk-adjusted returns by tapping into the markets that could exhibit faster growth compared to developed nations, albeit with potentially higher volatility and risk.