The investment seeks high current income. The fund invests at least 80% of its assets (net assets plus any borrowings for investment purposes) in a portfolio of floating rate loans and other floating ...

A portfolio of non-investment grade floating rate loans, focused on companies that can provide investors a high level of floating rate income. Employs a research intensive, credit-focused investment ...

The start of the second quarter saw heightened market volatility on the heels of President Trump's sweeping tariff policy roll-out. At quarter end, the fund's largest overweights were in chemicals, ...

Bond investors, worried about rising interest rates, have been pouring money into “floating rate” mutual funds, also called “bank loan” funds. If the American economy keeps humming along, they’ll look ...

Pioneer Floating Rate Fund, Inc. (PHD) announced that the fund liquidated as planned on October 10, 2025 and the proportionate interests of stockholders in the assets of the fund were determined as of ...

If you have been looking for Diversified Bonds funds, it would not be wise to start your search with Invesco Senior Floating Rate A (OOSAX). OOSAX possesses a Zacks Mutual Fund Rank of 4 (Sell), which ...

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 ...

NEW YORK--(BUSINESS WIRE)-- Nuveen Floating Rate Income Fund (NYSE: JFR) (the “Fund”) today announced the preliminary results of its transferable rights offering (the “Offer”) which expired at 5:00 ...

For an average investor, high-yield bond mutual funds are the best to invest in bonds rated below investment grade, popularly known as junk bonds. This is because these funds hold a wide range of such ...

WHEATON, Ill.--(BUSINESS WIRE)--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 ...