For Terms and Definitions, please click here.

Opinions expressed are subject to change, are not guaranteed and should not be considered investment advice.

Performance data quoted represents past performance; past performance does not guarantee future results. The investment return and principal value of an investment will fluctuate so that an investor's shares, when redeemed, may be worth more or less than their original cost. Current performance of the Fund may be lower or higher than the performance quoted. Performance data current to the most recent calendar quarter-end and month-end may be obtained by clicking the links.

2009 Commentaries
December 31, 2009
September 30, 2009
June 30, 2009
March 31, 2009

Mutual fund investing involves risk, principal loss is possible. Investments in debt securities typically decrease in value when interest rates rise. The risk is usually greater for longer-term debt securities. Investments in Asset Backed and Mortgage Backed Securities include additional risks that investors should be aware of such as credit risk, prepayment risk, possible illiquidity and default, as well as increased susceptibility to adverse economic developments.

For Fund holdings information, please refer to the Fund Calendar Quarter Holdings section of this website. Securities and sectors mentioned are not recommendations to buy or sell any security and are subject to change at anytime.

Current and future portfolio holdings are subject to risk.