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 ...
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 ...
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 ...
Zacks Investment Research on MSN
Is OOSAX a strong bond fund right now?
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 ...
Performance data quoted represents past performance, which does not guarantee future results. Current performance may be lower or higher than the figures shown. Principal value and investment returns ...
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