The investment seeks to provide high current income. Under normal market conditions, the fund seeks to outperform each of the Primary Index and Secondary Index by investing at least 80% of its net assets (plus the amount of any borrowing for investment purposes) in first lien senior floating rate bank loans ("Senior Loans"). It may also invest up to 20% of its net assets in (1) non-Senior Loan debt securities, which may be fixed-rate or floating rate income producing securities (2) warrants and equity securities issued by a borrower or its affiliates and (3) securities of other investment companies. The fund is non-diversified.