Industry allocations detracted from performance led by overweight exposure to the automotive and media sectors.
A portfolio of non-investment grade floating rate loans, focused on companies that can provide investors a high level of floating rate income. Employs a research intensive, credit-focused investment ...
The investment seeks a high level of current income. Normally, the fund invests at least 80% of its net assets (plus the amount of borrowings, if any, for investment purposes) in floating rate loans ...
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 ...
Zacks Investment Research on MSN
Is FFHCX a strong bond fund right now?
If you have been looking for High Yield - Bonds funds, a place to start could be Fidelity Series Floating Rate Hgh Income (FFHCX). FFHCX has a Zacks Mutual Fund Rank of 1 (Strong Buy), which is based ...
Mutual funds continue to be among the most popular investing tools for both individual and professional investors who seek to ...
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 ...
Bond investors, worried about rising interest rates, have been pouring money into “floating rate” mutual funds, also called “bank loan” funds. If the American economy keeps humming along, they’ll look ...
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First Trust Advisors L.P. (“FTA”) announced today that the Board of Trustees of First Trust Senior Floating Rate Income Fund II (NYSE: FCT), a closed-end fund managed by FTA, approved the ...
BOSTON — Investors looking for a decent income stream face slim pickings. The appeal of bond mutual funds is fading because an accelerating economic recovery is likely to trigger higher interest rates ...
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