AlphaCentric Income Opportunities Fund Class C is a diversified mutual fund that primarily focuses on generating current income for its investors. The fund achieves its investment objective by investing mainly in asset-backed fixed income securities, which include securities backed by assets such as credit card receivables, automobiles, aircraft, student loans, equipment leases, and both agency and non-agency residential and commercial mortgages. Additionally, it has exposure to collateralized debt obligations (CDOs), collateralized loan obligations (CLOs), and privately-offered collateralized loans, providing investors with broad access to structured credit markets. This fund plays a significant role in the fixed income segment, offering diversification benefits through its exposure to various underlying assets and credit structures. Its performance is closely benchmarked against the Bloomberg US Aggregate Bond Index, reflecting its orientation towards diversified high-grade and high-yield fixed income markets. By holding a broad mix of asset-backed securities, the fund aims to provide steady income with risk characteristics that may differ from traditional bond funds, making it a relevant option for those seeking income-oriented strategies within the broader bond market.