The prospectus states the Fund seeks current income and, secondarily, capital appreciation by investing at least 80% of net assets in credit-related instruments across public and private credit, with a focus on asset-based finance in residential mortgages, consumer finance and commercial finance. Holdings may include agency and non-agency RMBS, CMBS, CLOs, other ABS, whole loans, Alternative Lending ABS and bank loans of any maturity, quality or capital structure level, including below-investment-grade, distressed and defaulted debt. Up to 20% may be in equity. The Fund may invest without limit in illiquid securities within Rule 23c-3 limits, uses derivatives to manage rate and credit exposure, and may use leverage.