The investment seeks to provide a high level of current income; the secondary investment objective is capital appreciation. The fund invests primarily in higher yielding and generally lower quality debt securities (rated Ba1 or below or BB+ or below by a nationally recognized statistical rating organization or unrated but determined by the fund's investment adviser to be of equivalent quality), including corporate loan obligations. It may also invest a portion of its assets in securities of issuers domiciled outside the United States.
Fund filings (PDF) »
David Daigle (Started: Dec 1, 2003)
Marcus Linden (Started: Dec 1, 2004)
David Barclay (Started: Dec 1, 1989)
Abner Goldstine (Started: Dec 1, 1997)
# Contact ?>
American Funds, 4 Embarcadero Center P.O. Box 7650, San Francisco, CA 94120, USA