Bank Loan
Bank-loan portfolios primarily invest in floating-rate bank loans instead of bonds. In exchange for their credit risk, these loans offer high interest payments that typically float above a common short-term benchmark such as the London interbank offered rate, or LIBOR. Morningstar®
Fidelity Series Floating Rate High IncFd (FFHCX)
| Performance (1-yr.): 9.46% | Expenses: 0.75% |
| Performance (1-mo.): 0.61% | Total Assets: $1.47B |
First Trust Short Duration High Income Fund (FDHAX)
| Performance (1-yr.): — | Expenses: 1.25% |
| Performance (1-mo.): 1.11% | Total Assets: $25.9M |
Franklin Floating Rate Daily Access Fund (FAFRX)
| Performance (1-yr.): 5.60% | Expenses: 0.92% |
| Performance (1-mo.): 0.53% | Total Assets: $3.16B |
Goldman Sachs High Yield Floating Rate (GFRAX)
| Performance (1-yr.): 5.97% | Expenses: 1.08% |
| Performance (1-mo.): 0.67% | Total Assets: $1.91B |
Guggenheim Floating Rate Strategies Fund (GIFAX)
| Performance (1-yr.): 9.83% | Expenses: 1.04% |
| Performance (1-mo.): 0.91% | Total Assets: $506.21M |
Guggenheim Variable Funds Series F (Floating Rate Strategies) (None)
| Performance (1-yr.): — | Expenses: 1.07% |
| Performance (1-mo.): — | Total Assets: $25.0M |
Hartford Floating Rate Fund (HFLAX)
| Performance (1-yr.): 6.97% | Expenses: 0.98% |
| Performance (1-mo.): 0.60% | Total Assets: $6.54B |
Hartford Floating Rate High Income Fund (HFHAX)
| Performance (1-yr.): 9.40% | Expenses: 1.05% |
| Performance (1-mo.): 1.13% | Total Assets: $210.05M |
Highland Floating Rate Opportunities Fund (HFRAX)
| Performance (1-yr.): 15.51% | Expenses: 1.30% |
| Performance (1-mo.): 1.83% | Total Assets: $586.61M |
ING Floating Rate Fund (IFRAX)
| Performance (1-yr.): 7.23% | Expenses: 1.01% |
| Performance (1-mo.): 0.54% | Total Assets: $375.08M |
