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®

Hartford Floating Rate High Income Fund (HFHAX)

Performance (1-yr.): 5.40% Expenses: 1.07%
Performance (1-mo.): 0.37% Total Assets: $501.56M
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Highland Floating Rate Opportunities Fund (HFRAX)

Performance (1-yr.): 13.73% Expenses: 1.16%
Performance (1-mo.): 0.19% Total Assets: $1.21B
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ING Floating Rate Fund (IFRAX)

Performance (1-yr.): 3.58% Expenses: 1.01%
Performance (1-mo.): 0.21% Total Assets: $846.94M
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Invesco Floating Rate Fund (AFRAX)

Performance (1-yr.): 4.16% Expenses: 1.08%
Performance (1-mo.): 0.35% Total Assets: $2.7B
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John Hancock Funds Floating Rate Income Fund (JFIAX)

Performance (1-yr.): 3.83% Expenses: 1.20%
Performance (1-mo.): 0.23% Total Assets: $3.84B
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JPMorgan Floating Rate Income Fund (JPHAX)

Performance (1-yr.): 4.12% Expenses: 1.03%
Performance (1-mo.): 0.21% Total Assets: $4.44B
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Loomis Sayles Senior Floating Rate and Fixed Income Fund (LSFAX)

Performance (1-yr.): 5.79% Expenses: 1.10%
Performance (1-mo.): 0.59% Total Assets: $1.52B
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Lord Abbett Floating Rate Fund (LFRAX)

Performance (1-yr.): 4.36% Expenses: 0.81%
Performance (1-mo.): 0.36% Total Assets: $9.0B
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MainStay Floating Rate Fund (MXFAX)

Performance (1-yr.): 3.06% Expenses: 1.00%
Performance (1-mo.): 0.19% Total Assets: $1.78B
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Metropolitan West Floating Rate Income Fund (MWFLX)

Performance (1-yr.): Expenses: 0.65%
Performance (1-mo.): 0.36% Total Assets: $120.32M
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Top Performing Bank Loan Funds As of 04.22.2014

Fidelity® Series Floating Rate High IncFd (FFHCX)

Total Return: 0.73%

Loomis Sayles Senior Floating Rate and Fixed Income Fund (LSFAX)

Total Return: 0.59%

Payden Floating Rate Fund (PYFIX)

Total Return: 0.48%

Highland Floating Rate Opportunities Fund (HFRAX)

Total Return: 13.73%

Catalyst/Princeton Floating Rate Income Fund (CFRAX)

Total Return: 6.69%

Nuveen Symphony Floating Rate Income Fund (NFRAX)

Total Return: 6.33%

Highland Floating Rate Opportunities Fund (HFRAX)

Total Return: 10.03%

BlackRock Secured Credit Portfolio (BMSAX)

Total Return: 6.37%

Eaton Vance Floating-Rate Advantage Fund (EAFAX)

Total Return: 5.49%

* Annualized