The fund seeks total return consisting of capital appreciation and income. Employs a systematic process designed to capture broad exposure with low tracking error vs. the benchmark, in a cost-efficient manner. Proprietary credit model which seeks to systematically limit exposure to low-quality and overpriced bonds. We believe this can help mitigate downside risks associated with more volatile parts of the high yield market. Is highly liquid so investors can buy or sell any time the market is open.