Fixed income debt with highest credit rating. Us treasuries, US Agencies, US Municipalities, US corporations, etc.

Fixed income debt based in NON-US dollar denominated.

Fixed income debt with medium to low credit rating. Such as: Emerging Markets debt, Corporate High Yield Debt (US or NON US).

Disclosure: Interest rate risk should be highly considered when investing in these securities. A principle of bond investing is that market interest rates and bond prices generally move in opposite directions. Lower credit rating the higher the risk and higher price volatility and could potentially lose all value. Coupons could be Non Guaranteed.