Metropolitan West Floating Rate Income Fund

Class Inst (MWFLX)

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.

See all Metropolitan West Funds funds

See full Bank Loan rankings

See more fund rankings

Performance

Trailing Returns Updated 02.28.2014
Year to date 0.9%
1 Year N/A
3 Years (Annualized) N/A
5 Years (Annualized) N/A
10 Years (Annualized) N/A

See more MWFLX performance

Summary

The investment seeks primarily to maximize current income, with a secondary objective of long-term capital appreciation. The fund normally invests at least 80% of its net assets, which includes borrowings for investment purposes, in floating rate investments and in investments that are the economic equivalent of floating rate investments. These investments may include, but are not limited to, any combination of the following items: (i) senior secured floating rate loans or debt; (ii) second lien or other subordinated or unsecured floating rate loans or debt; (iii) fixed-rate loans or debt; and (iv) writing credit derivatives.