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This fund's core strategy involves active investment across a broad spectrum of credit and debt instruments. Its portfolio primarily encompasses corporate bonds and debentures – a category that explicitly includes high-yield, or 'junk,' bonds – alongside bank loans, convertible and preferred securities, and credit default swaps. The fund also allocates to various other instruments deemed to possess debt-like characteristics by its investment adviser. Investments span both domestic and international debt markets, offering a global reach. Beyond direct debt holdings, the fund strategically…
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