Credit Suisse Floating Rate High Income’s disciplined investment strategy blends thorough security selection with a risk-conscious approach, but the sudden departure of one of its lead managers has led to a People rating downgrade to Above Average from High.
Credit Suisse Floating Rate Hi Inc A CHIAX
- NAV / 1-Day Return 6.38 / +0.02 %
- Total Assets 2.0 Bil
-
Adj. Expense Ratio
- Expense Ratio 0.950%
- Distribution Fee Level Low
- Share Class Type Front Load
- Category Bank Loan
- Credit Quality / Interest Rate Sensitivity Low/Limited
- Min. Initial Investment 2,500
- Status Open
- TTM Yield 9.04%
- Effective Duration 0.62 years
USD | NAV as of Apr 24, 2024 | 1-Day Return as of Apr 24, 2024, 11:33 PM GMT+0
Morningstar’s Analysis CHIAX
Will CHIAX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
People Pillar
Parent Pillar
- Current Portfolio Date
- Equity Holdings —
- Bond Holdings —
- Other Holdings —
- % Assets in Top 10 Holdings 8.0
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
---|---|---|---|
Ssc Government Mm Gvmxx | 4.37 | 89.1 Mil | Cash and Equivalents |
HUB INTERNATIONAL LIMITED 2024 TERM LOAN B | 1.06 | 21.7 Mil | Corporate |
WILLIAM MORRIS ENDEAVOR ENTMT TERM LOAN B 1 | 0.93 | 18.9 Mil | Corporate |
POLARIS NEWCO, LLC USD TERM LOAN B | 0.82 | 16.8 Mil | Corporate |
ABG INTERMEDIATE HOLDNGS 2 LLC 2021 TERM LOAN B1 | 0.81 | 16.6 Mil | Corporate |
OPEN TEXT CORPORATION 2023 TERM LOAN B | 0.79 | 16.1 Mil | Corporate |
GTCR W MERGER SUB LLC USD TERM LOAN B | 0.73 | 14.9 Mil | Corporate |
IRB HOLDING CORP 2024 TERM LOAN B | 0.73 | 14.8 Mil | Corporate |
VERTIV GROUP CORPORATION 2023 TERM LOAN B | 0.71 | 14.6 Mil | Corporate |
UFC HOLDINGS LLC 2021 TERM LOAN B | 0.71 | 14.4 Mil | Corporate |