MWHYX

The fund's main strategy involves allocating at least 80% of its net assets, along with any capital borrowed for investment purposes, into high-yield bonds. These debt securities, often termed "junk bonds," are either rated below investment grade or are unrated but considered by the Adviser to possess comparable credit quality. Typically, the portfolio's interest rate sensitivity (duration) is expected to fall between two and eight years, while its dollar-weighted average maturity generally spans from two to fifteen years.