The investment seeks current income and reasonable stability of principal. The fund normally invests at least 80% of its assets in investment grade fixed-income securities, mortgage pass-through securities or non-rated securities considered by the Adviser to be of comparable quality. The average maturity of the securities held by the Portfolio may range from three to ten years. It may invest in mortgage pass-through securities that are issued or guaranteed by Ginnie Mae, Fannie Mae or Freddie Mac. The fund may invest up to 5% of its net assets in fixed-income securities rated lower than investment grade, commonly known as "junk bonds."
Fund filings (PDF) »
William Howarth (Started: Dec 31, 2009)
William Dodge (Started: Jan 31, 2006)
Thomas Luster (Started: Dec 31, 2012)
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