To achieve investment objective at least 80 percent of the Funds net assets, plus any borrowings for investment purposes, will be invested in securitized assets and derivatives that provide investment exposure to such securities or to one or more market risk factors associated with such assets. For purposes of the Funds 80 percent policy, securitized assets include instruments such as asset-backed securities, commercial and residential mortgage-backed securities issued or guaranteed by the U.S. Government, various agencies of the U.S. Government or various instrumentalities that have been established or sponsored by the U.S. Government, including to-be-announced (TBA) securities, commercial and residential mortgage-backed securities issued by banks and other financial institutions, collateralized loan obligations (CLOs), collateralized mortgage obligations (CMOs), and loans backed by consumer receivables and commercial or residential real estate. This policy is a non-fundamental policy of the Fund and may not be changed without 60 days prior notice to shareholders. The Fund may also invest in repurchase agreements and reverse repurchase agreements.