The investment seeks a high level of current income. Normally, the fund invests at least 80% of its net assets (plus the amount of borrowings, if any, for investment purposes) in floating rate loans ...

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 ...

Loans in all ratings categories contributed to returns, with lower-quality issuers outperforming as loans rated BB,B and CCC rated returned 0.88%,0.22% and 1.51%, respectively. Highly distressed loans ...

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 ...

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 ...

BOSTON — Investors looking for a decent income stream face slim pickings. The appeal of bond mutual funds is fading because an accelerating economic recovery is likely to trigger higher interest rates ...

Floating rate bonds are debt instruments with interest rates that reset periodically, usually every six months or annually. ...