The investment seeks maximum total return, consistent with preservation of capital and prudent investment management.
The fund mainly invests in public/corporate bonds and securities denominated in foreign (non-Japanese) currencies. It invests primarily in investment grade debt securities, but may invest up to 10% of total assets in high yield securities ("junk bonds�). The fund may invest all of assets in derivative instruments, such as options, futures contracts or swap agreements, or in mortgage- or asset-backed securities.
Fund Manager:
William H. Gross
, since 5/11/87
Fund Inception:
4/8/98
Fund Ratings & Risk:
View Morningstar Analysis
Composition:
STOCK (0.0%),
BONDS (16.54%),
CASH (81.73%),
OTHER (1.73%)