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The Fund’s investment objective is to provide a high level of current income. The Fund invests at least two-thirds (and up to 100%) of its Net Asset Value in high-yielding debt securities that are denominated in Euro, listed or traded on Regulated Markets, and from issuers located anywhere in the world. Such high-yielding debt securities are rated below Investment Grade or are unrated securities deemed to be of equivalent quality by the Investment Manager and Sub-Investment Managers (collectively, “Western Asset”). Western Asset does not rely solely on the ratings of rated securities in making investment decisions but also evaluate other economic and business factors affecting the issuer.
Name | Title | Since | Until |
---|---|---|---|
Not Disclosed | - | 2010 | 2022 |
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