IMTB has a very broad mandate, covering investment grade and high yield corporate, government, and emerging market bonds with maturities between five and ten years. While all bonds are denominated in US dollars, the fund's broad geographic exposure includes the US, developed market, and emerging market issuers. There are no specific constraints in terms of sector or country in which the fund can invest. The fund follows a vanilla market value selection and weighting schema, which makes IMTB a viable building block for an intermediate-term, broad exposure.