The Fund seeks current income and, to a lesser extent, capital appreciation by investing at least 80% of net assets plus borrowings in asset-backed finance investments: pools of contractual assets such as loans, leases, mortgages and other receivables. It buys asset pools on an unlevered or levered basis, lends against pools in senior or mezzanine position, insures or provides capital relief against them, and provides capital to the platforms that originate them, concentrating on a core segment of performing, contractual cash flow with a smaller opportunistic sleeve. Exposure spans consumer, corporate, real estate, infrastructure and transportation lending, and liquid structured credit is used while private transactions fund.