Floating Rate Bank Loan

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Featured Strategies:

Floating Rate Bank Loan Strategy

The strategy offers the potential for attractive total return and income by investing in higher quality, non-investment grade bank loans. Using extensive credit and company analysis and monitoring, the portfolio managers look for those securities with strong income potential while maintaining an emphasis on managing risk.

Newfleet Floating Rate Bank Loan

Strategy Risk

Debt securities are subject to various risks, the most prominent of which are credit and interest rate risk. The issuer of a security may fail to make payments in a timely manner. Values of debt securities may rise and fall in response to changes in interest rates. This risk may be enhanced with longer-term maturities.

There may be no ready market for loan participation interests. The fund may have to sell the interests at a substantial discount. Such interests are subject to the credit risk of the underlying corporate borrower.

There is a greater level of credit risk and price volatility involved with high yield securities than investment grade securities.

When a fund leverages its portfolio, the value of its shares may be more volatile and all other risks may be compounded.

Certain securities may be difficult to sell at a time and price beneficial to the fund.

Portfolio Team

Albrycht
David L. Albrycht, CFA 

Industry Start Date: 1985

Jennings
Kyle A. Jennings, CFA 

Industry Start Date: 1992

Ossino
Francesco Ossino 

Industry Start Date: 1996


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