Fund Goal and Approach
The fund seeks high current income consistent with the maintenance of liquidity and low volatility of principal.The fund normally invests in a broad range of U.S. dollar-denominated debt securities, including money market instruments. The fund's investments may include:
The fund┐s share price will fluctuate, which means you could lose money by investing in the fund. Bond funds are subject generally to interest rate, credit, liquidity, call, and market, to varying degrees, all of which are more fully described in the fund┐s prospectus. Prices of fixed-income securities tend to move inversely with changes in interest rates. Typically, a rise in rates will adversely affect prices of fixed-income securities and, accordingly, the fund┐s share price.
Investors should consider the investment objectives, risks, charges, and expenses of the fund carefully before investing. Download a prospectus, or a summary prospectus, if available, that contains this and other information about the fund, and read it carefully before investing.