ING Senior Income Fund

U.S. News evaluated 50 Bank Loan Funds. Our list highlights the top-rated funds for long-term investors based on the ratings of leading fund industry researchers.

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Performance

The fund has returned 7.76 percent over the past year, 6.88 percent over the past three years, 15.95 percent over the past five years, and 4.76 percent over the past decade.

Trailing Returns Updated 02.28.2014
Year to date 1.0%
1 Year 7.8%
3 Years (Annualized) 6.9%
5 Years (Annualized) 15.9%
10 Years (Annualized) 4.8%

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Summary

The investment seeks a high level of monthly income. The fund will normally invest at least 80% of its net assets (plus borrowings for investment purposes) in U.S. dollar-denominated floating rate secured senior loans ("Senior Loans"). It invests at least 80% of its assets in Senior Loans made to corporations or other business entities organized under U.S. or Canadian law and that are domiciled in the United States and in U.S. territories and possessions or Canada.

Fees

Fees are Low compared to funds in the same category.
ING Senior Income Fund has an expense ratio of 1.41 percent.

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Risk

Risk is High compared to funds in the same category according to Morningstar.

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