The Fund invests in a portfolio comprised of debt instruments and fixed income securities of various maturities. As used in the Funds name, the Fund defines bonds as debt and fixed income securities of all types. Under normal market conditions, the Fund will seek its investment objective by investing at least 80 percent of its net assets, including the amount of borrowing for investment purposes, if any, in debt and fixed income securities (Principal Investments). Securities that have economic characteristics and provide investment exposure similar to debt and fixed income securities will be counted towards the Funds 80 percent investment policy. As part of its 80 percent policy, the Fund intends to invest in derivatives that (i) provide exposure to the Principal Investments, (ii) are used to risk manage the Funds holdings, and/or (iii) are used to enhance returns. The risk management uses of derivatives will include managing (i) investment-related risks, (ii) risks due to fluctuations in securities prices or interest rates, (iii) risks due to the credit-worthiness of an issuer, and (iv) the effective duration of the Funds portfolio.