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 ...
Industry allocations detracted from performance led by overweight exposure to the automotive and media sectors.
The iShares Treasury Floating Rate Bond ETF is one of the largest floating rate treasury note ETFs in the market, with a 3.75% yield, it is a strong cash fund. Read the full analysis here.
BlackRock Inc. is stepping further into the floating-rate debt arena, just as the Federal Reserve has resumed lowering borrowing costs. The proposed iShares Broad USD Floating Rate Loan ETF will hold ...
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 ...
Mutual funds investing in debt securities are among the most reliable investment options that provide regular income while protecting the capital invested. Funds that are part of this category bring a ...