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Lipper
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Zacks Investment Research
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Standard & Poor's
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TheStreet.com
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U.S. News evaluated 43 Bank Loan Funds. Our list highlights the top-rated funds for long-term investors based on the ratings of leading fund industry researchers.
Performance
The fund has returned 9.37 percent over the past year.
| Trailing Returns | Updated 05.31.2013 |
|---|---|
| Year to date | 3.4% |
| 1 Year | 9.4% |
| 3 Years (Annualized) | N/A |
| 5 Years (Annualized) | N/A |
| 10 Years (Annualized) | N/A |
Summary
The investment seeks a high level of current income. The fund normally invests at least 80% of its net assets in a combination of adjustable floating rate loans and other floating rate debt instruments issued by U.S. and non-U.S. corporations or other business entities and fixed-income securities, including derivatives that reference the returns of these instruments. It may invest in Senior Loans directly as an original lender or by assignment from a lender, or it may invest indirectly through participation agreements, interests in collateralized loan obligations (CLOs) and derivatives that reference such instruments. The fund is non-diversified.
Fees
Fees are Below Average compared to funds in the same category.
Loomis Sayles Senior Floating Rate and Fixed Income Fund has an expense ratio of 1.10 percent.
Risk
Risk is N/A compared to funds in the same category according to Morningstar.
