Industry allocations detracted from performance led by overweight exposure to the automotive and media sectors.
The investment seeks high current income. The fund invests at least 80% of its assets (net assets plus any borrowings for investment purposes) in a portfolio of floating rate loans and other floating ...
BlackRock Inc. is stepping further into the floating-rate debt arena, just as the Federal Reserve has resumed lowering borrowing costs. The proposed iShares Broad USD Floating Rate Loan ETF will hold ...
Investors concerned about rising interest rates are taking a closer look at ETFs that track corporate floating rate bonds. Floating rate securities “have a far lower interest rate sensitivity than ...
Ultra-short bond funds invest in short-term fixed-income instruments, typically under one-year maturities, offering higher ...
Bank loans are all the rage as investors look for higher yields and more certain returns. Investors have flocked to new loan funds as a way to get more fixed-income exposure at a higher yield. Two of ...
High-yield bonds behave more like stocks than investment-grade bonds. These bonds have significant holdings in smaller companies, which are considered to have a weaker financial condition but benefit ...
Mutual funds investing in debt securities are among the most reliable investment options that provide regular income while protecting the capital invested. Funds that are part of this category bring a ...
This distribution will consist of net investment income earned by the Fund and return of capital and may also consist of net short-term realized capital gains. The final determination of the source ...