The investment seeks to track the investment results of the Bloomberg Barclays 2024 Term High Yield and Income Index. The fund generally will invest at least 90% of its assets in the component securities of the underlying index, and may invest up to 10% of its assets in certain futures, options and swap contracts, cash and cash equivalents. The underlying index is composed of U.S. dollar-denominated, taxable, fixed-rate, high yield and BBB or equivalently rated corporate bonds scheduled to mature after December 31, 2023 and before December 15, 2024. The fund is non-diversified.