This fund's main goal is to generate significant current income, with capital growth as a secondary objective. A defining feature is its customary investment of at least 80% of its assets in companies and entities based in the United States. It primarily holds bonds and various debt instruments, which may also be accessed through derivative contracts. To achieve its income target, the fund diversifies across a wide array of debt securities, spanning the entire credit spectrum, including high-yield and investment-grade corporate bonds, as well as securitized debt. The allocation among these credit categories will fluctuate based on prevailing market conditions and the investment adviser's assessment of their comparative attractiveness. Additionally, the fund may strategically invest in other sectors, such as U.S. government and municipal debt, or non-corporate credit, when market conditions warrant. A considerable portion of its holdings may include lower-rated securities (Ba1 or BB+ and below), or unrated instruments deemed comparable in quality by the adviser. The fund is also permitted to utilize specific derivatives, like futures contracts and swaps, provided the adviser believes their potential risks and returns align with the fund's stated goals and overall strategy.

CGMS Holdings & Sector Breakdown

CGMS Holdings & Sector Breakdown