
See exactly how PRSNX's revenue becomes profit — a Sankey that traces revenue (and its reported segments) through gross profit, operating expenses, and net profit, with the year-over-year change on every line.
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This fund's main objective is to generate significant current income, with a secondary goal of achieving some capital growth. Its core strategy involves allocating at least 80% of its net assets, including any borrowed funds used for investment, to bonds. To help achieve its income and growth targets, the fund maintains a diversified portfolio of holdings. A substantial portion of the fund, typically at least 40% of its net assets, will be invested in securities issued by non-U.S. governments or companies, or by companies that conduct a significant amount of business outside the United…
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