US Dollar Floating Rate Fund Limited Shs C Series R
Description The Fund’s investment objective is to seek high current income, consistent with low volatility of net asset value, through investment principally in floating rate mortgage-backed securities (generally subject to interest rate caps) issued or guaranteed by the United States Government, its agencies or its instrumentalities. Except when the Fund assumes a temporary defensive position, at least 80% of the Fund’s total assets will be so invested. The Fund intends to leverage its investments through the use of borrowed funds to purchase portfolio securities. Leverage increases both investment opportunity and investment risk. An investment in the Fund involves risk factors which should be reviewed carefully by potential investors. There is no assurance that the Fund will achieve its investment objective. To view the detailed information, you need to SUBSCRIBE with us. |
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