Fees are Above Average compared to funds in the same category. JHancock Floating Rate Income Fund has an expense ratio of 1.75 percent. Risk is Below Average compared to funds in the same category ...
Investors often find themselves torn between short-term gilt funds and floating rate funds when it comes to safer investment options ...
As it does with many highly specialized investments, Morningstar says this fund should play a “supporting” role.
Floating rate bonds are debt instruments with interest rates that reset periodically, usually every six months or annually. ...
Industry allocations detracted from performance led by overweight exposure to the automotive and media sectors.
Investors concerned about rising interest rates are taking a closer look at ETFs that track corporate floating rate bonds. Floating rate securities “have a far lower interest rate sensitivity than ...
Mutual funds investing in debt securities are among the most secure investment options that provide regular income while protecting the capital invested. Funds in this category bring a great deal of ...
First Trust Senior Floating Rate Income Fund II (the "Fund") (NYSE: FCT) has declared the Fund’s regularly scheduled monthly common share distribution in the amount of $0.097 per share payable on ...
This distribution will consist of net investment income earned by the Fund and return of capital and may also consist of net short-term realized capital gains. The final determination of the source ...