Investment Objective
A multi-manager Fund seeking income and capital appreciation through investments in investment-grade debt obligations.
Key Points
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Invests in a wide range of debt obligations, including securities of the U.S. government, its agencies and instrumentalities; corporate bonds, notes and debentures; mortgage-backed and asset-backed securities; and other investments.
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At time of purchase, all securities are rated in one of the four highest rating categories, or, if unrated, deemed to be of comparable quality by the Fund’s investment advisors.
Sub-Advisors (%)
| Barrow, Hanley, Mewhinney & Strauss, LLC |
50.2
|
| American Beacon Advisors, Inc. |
49.8
|