Seeks a high level of current income and maximum total return, consistent with preservation of capital, by blending publicly traded fixed income (targeting about 60% of assets) with private credit (about 40%), a mix that can shift with markets and flows. Capital Group manages the public sleeve of corporate bonds, agency and non-agency mortgage-backed securities and Treasuries; KKR Credit sub-advises the private sleeve across upper-middle-market corporate direct lending and asset-based finance. The Fund may hold junk-rated and unrated debt and up to 20% non-U.S. exposure.