span style="color:#000000;font-family:Times New Roman;font-size:10pt;margin-left:0%;"The Fund invests, under normal market conditions, at least 80% of its assets in fixed-income securities. This is a non-fundamental investment policy that can be changed by the Fund’s Board upon 60 days’ prior written notice to shareholders. The Fund invests in a diversified portfolio of securities of different maturities, including U.S. Treasury securities, U.S. government agency securities, securities of U.S. government-sponsored enterprises, corporate bonds (including those of foreign issuers), mortgage-backed securities, commercial mortgage-backed securities, asset-backed securities, municipal bonds, collateralized loan obligations and cash equivalent securities /spanspan style="color:#000000;font-family:Times New Roman;font-size:10pt;"including repurchase agreements, commercial paper and variable rate demand notes./spanspan style="color:#000000;font-family:Times New Roman;font-size:10pt;margin-left:0%;"The Fund invests primarily in investment-grade debt securities. Investment-grade debt securities are those having a rating of BBB-/Baa3 or higher from a nationally recognized statistical rating organization (“NRSRO”) or, if a rating is not available, deemed to be of comparable quality by the sub-adviser, Fort Washington Investment Advisors, Inc. (“Fort Washington”). The Fund’s investment policies are based on credit ratings at the time of purchase. The Fund can also invest up to 15% of its net assets in non-investment-grade debt securities. Non-investment-grade/spanspan style="color:#000000;font-family:Times New Roman;font-size:10pt;" debt securities are often referred to as “junk bonds” and are considered speculative./spanspan style="color:#000000;font-family:Times New Roman;font-size:10pt;margin-left:0%;"The Fund’s investment strategy places a greater emphasis on fixed-income securities that are structured products, and therefore the Fund expects to maintain a greater exposure to the structured products sectors (i.e., mortgage-backed securities, commercial mortgage-backed securities, asset-backed securities, and collateralized loan obligations) than other types of fixed-income securities. Fort Washington also expects to maintain a meaningful exposure to corporate credit. The remainder of Fund assets are expected to be invested in other sectors, which may include municipal bonds, U.S. Treasuries, and various types of cash-equivalent securities. Fort Washington’s targeted sector and /spanspan style="color:#000000;font-family:Times New Roman;font-size:10pt;"risk positioning for the Fund will vary in different types of market conditions./spanspan style="color:#000000;font-family:Times New Roman;font-size:10pt;margin-left:0%;"In selecting investments for the Fund, Fort Washington chooses fixed-income securities that it believes are attractively priced relative to the market or to similar instruments. An investment may be determined to be “attractively priced” if it is offered at a level that is expected to yield a return greater than it historically has and/or a greater return than generally available in the market for other securities of a similar /spanspan style="color:#000000;font-family:Times New Roman;font-size:10pt;"risk profile (i.e., similar credit quality, duration, liquidity and expected volatility)./spanspan style="color:#000000;font-family:Times New Roman;font-size:10pt;margin-left:0%;"In addition, Fort Washington considers the “effective duration” of the Fund’s entire portfolio. Effective duration is a measure of a security’s price volatility or the risk associated with changes in interest rates. While the Fund may invest in securities with any maturity or duration, /spanspan style="color:#000000;font-family:Times New Roman;font-size:10pt;"Fort Washington seeks to maintain an effective duration for the Fund of one year or less under normal market conditions./spanspan style="color:#000000;font-family:Times New Roman;font-size:10pt;"The Fund may engage in frequent and active trading of securities as a part of its principal investment strategy./span