Senior Loan & Limited Duration Closed-End Portfolio

Objective

The Trust seeks high current income by investing in a diversified portfolio of closed-end funds which invest in senior loan and limited duration fixed-income securities.

Strategy Description

Under normal circumstances, the Trust will invest at least 80% of its assets in closed-end funds which invest at least 80% of their assets in senior loans and/or limited duration fixed-income securities.

As interest rates remain low, these are challenging times to invest for income. In this environment, many investors are seeking alternative sources of income, including those which tend to be less rate-sensitive than other segments of the bond market, such as senior loans and limited duration bonds.

Sponsor

Series

Series 90

Asset Class

Investment Strategy/Goal

Investment Type/Style