CGCP

The fund's investment objective is to provide current income and seek maximum total return, consistent with preservation of capital.Distinguishing Characteristics Government debt and agency bonds, corporate bonds, mortgage- and asset-backed securities, emerging markets debt, non-U.S., municipals and high-yield.The bond maturities that the fund targets will vary depending on the current strategy being implemented.The fund may invest no more than 35% of its assets in securities rated below investment grade (BB+/Ba1 and below, or unrated, but determined by the fund's investment adviser to be of equivalent quality) at the time of purchase, including high-yield corporate bonds or those issued by developing country governments and companies. The fund may invest up to 10% of its assets in equity securities and certain securities with a combination of debt and equity characteristics. The fund may invest up to 35% of its assets in securities denominated in currencies other than the U.S. dollar. The fund may invest up to 35% of its assets in securities of emerging market issuers.