Floating-rate funds can provide income investors with diversification and some protection from interest rate risk. They can ...

The investment seeks a high level of current income through floating rate debt instruments, with a secondary objective of long-term capital appreciation. The fund invests at least 80% of its total ...

Floating rate funds primarily invest in financial instruments with variable interest rates, such as loans and bonds. Unlike fixed-rate investments, the interest rates of the assets in floating rate ...

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 ...