Income & Treasury Limited Duration Portfolio of Funds


The trust seeks to provide current income and, as a secondary objective, the potential for capital appreciation.

Strategy Description

Under normal circumstances, the trust will invest at least 80% of the value of its assets in a combination of common shares of closed-end investment companies (“Closed-End Funds”) that invest substantially all of their assets in various income-oriented securities of different asset classes and shares of an exchange-traded fund (“ETF”) that invests substantially all of its assets in short-term U.S. Treasury bonds. The sponsor selects certain Closed-End Funds for the trust that hold limited duration securities.

The asset classes in which the Closed-End Funds invest may include, but are not limited to:

• government bonds;

• mortgage-backed bonds;

• convertible bonds;

• preferred securities;

• corporate bonds;

• senior loans;

• high yield securities or “junk” bonds; and

• international bonds, including bonds from issuers located in emerging markets.



Series 61

Asset Class

Investment Strategy/Goal

Investment Type/Style