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 ...

Columbia Floating Rate Fund Institutional Class shares returned 1.86% for the quarter ending September 30, 2025. Read more ...

The fund gained 1.72% this quarter by focusing on core leveraged loans with strong collateral coverage. Read the full report ...

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 High Yield - Bonds funds, a place to start could be PGIM Floating Rate Income Z (FRFZX). FRFZX has a Zacks Mutual Fund Rank of 2 (Buy), which is based on various ...

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 ...

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 ...

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 ...

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 ...

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 ...

Diversified Bonds fund seekers should consider taking a look at BlackRock Floating Rate Income A (BFRAX). BFRAX holds a Zacks Mutual Fund Rank of 2 (Buy), which is based on various forecasting factors ...