As it does with many highly specialized investments, Morningstar says this fund should play a “supporting” role.

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 ...

One of the great dividing lines in the bond market is between fixed-rate and floating-rate debt. This difference has become especially stark since 2022, as the rise in short-term interest rates ...

Performance displayed represents past performance, which is no guarantee of future results. Investment return and principal value will fluctuate so that when shares are redeemed, they may be worth ...

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 ...

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 ...