Fund Description: Under normal circumstances, at least 80% of the Portfolio"s net assets will be invested in fixed income securities considered to be investment grade quality. The Portfolio primarily invests in securities that mature within twenty years from the date of settlement. The Portfolio will generally maintain a weighted average duration of no more than one quarter year greater than, and no less than one year below, the weighted average duration of the Portfolio"s benchmark, the Bloomberg U.S. Aggregate Bond Index.