Strategy. Under normal circumstances, at least 80% of the Funds assets will be invested in corporate bonds. This policy may be changed without shareholder approval; however, you would be notified upon 60 days notice in writing of any changes. Corporate bonds are fixed-income securities and other debt obligations issued by corporations and other non-governmental issuers. The Fund invests primarily in a diversified mix of ?U.S. dollar-denominated corporate bonds. The Fund invests primarily in U.S. corporate bonds that carry an investment grade rating (i.e., generally rated Baa3 or higher by Moodys Investors Service, Inc. (Moodys), BBB- or higher by S&P Global Ratings Group, a division of S&P Global Inc. (S&P), BBB- or higher by Fitch Ratings, Inc. (Fitch)) or, if unrated, considered … Show more… Under normal circumstances, at least 80% of the Funds assets will be invested in corporate bonds. This policy may be changed without shareholder approval; however, you would be notified upon 60 days notice in writing of any changes. Corporate bonds are fixed-income securities and other debt obligations issued by corporations and other non-governmental issuers. The Fund invests primarily in a diversified mix of ?U.S. dollar-denominated corporate bonds. The Fund invests primarily in U.S. corporate bonds that carry an investment grade rating (i.e., generally rated Baa3 or higher by Moodys Investors Service, Inc. (Moodys), BBB- or higher by S&P Global Ratings Group, a division of S&P Global Inc. (S&P), BBB- or higher by Fitch Ratings, Inc. (Fitch)) or, if unrated, considered by the Adviser to be of equivalent quality. The Fund may also invest in securities denominated in currencies other than U.S. dollars. The Adviser employs a value approach toward fixed-income investing and evaluates the relative attractiveness of corporate bonds. The Adviser relies upon value measures to guide its decisions regarding sector and security selection, such as the relative attractiveness of the extra yield offered by securities other than those issued by the U.S. Treasury. The Adviser also measures various types of risk by monitoring interest rates, inflation, the shape of the yield curve, credit risk and prepayment risk. The Funds investment process incorporates information about environmental, social and governance issues (also referred to as ESG) via an integrated approach within the investment teams fundamental investment analysis framework. The Adviser may engage with management of certain issuers regarding corporate governance practices as well as what the Adviser deems to be materially important environmental and/or social issues facing a company. When deemed by the Adviser to be relevant to its evaluation of creditworthiness and when applicable information is available, the Adviser considers ESG, which may impact the prospects of an issuer (or obligor) or financial performance of an obligation. When considered, one or more ESG issues are taken into account alongside other factors in the investment decision-making process and are not the sole determinant of whether an investment can be made or will remain in the Funds portfolio. The Fund may also invest in restricted and illiquid securities. The Fund may, but it is not required to, use derivative instruments for a variety of purposes, including hedging, risk management, portfolio management or to earn income. The Funds use of derivatives may involve the purchase and sale of derivative instruments such as futures, options, swaps and other related instruments and techniques. Derivative instruments used by the Fund will be counted towards the Funds 80% policy discussed above to the extent they have economic characteristics similar to the securities included within that policy. Show less