The Water Island Credit Opportunities Fund Class A (AGCAX) is a mutual fund that focuses on investing in credit opportunities. This fund seeks to provide investors with a diversified portfolio of fixed income securities, including corporate bonds, government bonds, and other debt instruments. The fund's objective is to generate income and capital appreciation by taking advantage of credit market inefficiencies and identifying undervalued securities. With a focus on credit opportunities, this fund may offer investors a potential for higher returns while also managing risk through diversification.