Under normal market conditions, the Fund invests in a diversified portfolio of U.S. and foreign debt securities across multiple fixed income sectors. Debt securities include all varieties of fixed, variable and floating rate income securities, including bonds, U.S. and foreign government and agency securities, corporate loans (and loan participations) and mortgage-backed securities and other asset-backed securities. Multisector Income in the Funds name refers to the Funds strategy of seeking to maximize current income by allocating portfolio investments opportunistically across different fixed income market sectors. The debt securities in which the Fund invests include all varieties of fixed, floating and variable rate instruments, including secured and unsecured bonds, senior floating rate and term loans, mortgage-backed securities and other asset-backed securities, debentures, and shorter-term instruments.