The investment seeks to provide a high level of current income. The fund seeks to achieve its investment objective by selecting a focused portfolio comprised primarily of income-producing senior floating rate loans. Under normal circumstances, it will invest at least 80% of its net assets (plus any borrowings for investment purposes) in senior floating rate loans. The fund is expected to invest primarily in loans and other securities that are rated below investment grade (i.e., high yield securities, sometimes called junk bonds or non-investment grade securities) or, if unrated, of comparable quality as determined by the Sub-Adviser.