Bank Loan Funds
Bank-loan funds and ETFs invest in floating-rate bank loans and other floating-rate securities instead of bonds. In exchange for their credit risk compared with corporate bonds, these loans offer higher interest rates that typically float above a common short-term benchmark.
|
Name
|
Medalist Rating
Overall
|
SEC 30-Day Yield
|
TTM Yield
|
Average Effective Duration
|
Total Return
1 Year
|
Total Return
3 Year
|
Adjusted Expense Ratio
|
Fund Size
| |
|---|---|---|---|---|---|---|---|---|---|
| American Beacon Doubleline Floating Rate Fund A Class
ADLAX
| 5.86% | — | 0.40 | — | — | 0.960% | $119.25M | ||
| American Beacon Doubleline Floating Rate Fund C Class
ADLCX
| 5.23% | — | 0.40 | — | — | 1.740% | $119.25M | ||
| American Beacon DoubleLine Floating Rate Fund Investor Class
ADLPX
| 5.94% | 5.65% | 0.40 | 4.79% | 6.69% | 1.010% | $119.25M | ||
| American Beacon Doubleline Floating Rate Fund R5 Class
ADLIX
| 6.28% | — | 0.40 | — | — | 0.700% | $119.25M | ||
| American Beacon DoubleLine Floating Rate Fund Y Class
ADLYX
| 6.20% | 5.75% | 0.40 | 5.14% | 7.01% | 0.760% | $119.25M | ||
| Aristotle Floating Rate Income Fund Class A
PLFLX
| 5.84% | 6.48% | 0.32 | 4.80% | 6.70% | 1.060% | $3.91B | ||
| Aristotle Floating Rate Income Fund Class C
PLBCX
| 5.22% | 5.72% | 0.32 | 4.02% | 5.91% | 1.810% | $3.91B | ||
| Aristotle Floating Rate Income Fund Class I
PLFRX
| 6.37% | 6.81% | 0.32 | 5.14% | 7.04% | 0.730% | $3.91B | ||
| Aristotle Floating Rate Income Fund Class I-2
PLFDX
| 6.29% | 6.73% | 0.32 | 5.06% | 6.97% | 0.810% | $3.91B | ||
| Artisan Floating Rate Fund Advisor Shares
APDUX
| 7.68% | 7.15% | 0.38 | 4.06% | 6.37% | 0.970% | $132.32M | ||
| Artisan Floating Rate Fund Institutional Shares
APHUX
| 7.73% | 7.21% | 0.38 | 4.12% | 6.42% | 0.920% | $132.32M | ||
| Artisan Floating Rate Fund Investor Shares
ARTUX
| 7.57% | 7.05% | 0.38 | 4.07% | 6.29% | 1.070% | $132.32M | ||
| Barrow Hanley Floating Rate Fund I Shares
BFRNX
| — | 8.13% | — | 3.79% | 7.42% | 0.600% | $93.62M | ||
| BlackRock Floating Rate Income Fund Class K
BFRKX
| 6.22% | 6.27% | 0.07 | 4.11% | 6.51% | 0.620% | $2.28B | ||
| BlackRock Floating Rate Income Fund Institutional shares
BFRIX
| 6.15% | 6.19% | 0.07 | 3.93% | 6.42% | 0.700% | $2.28B | ||
| BlackRock Floating Rate Income Fund Investor C shares
BFRCX
| 5.13% | 5.17% | 0.07 | 2.89% | 5.36% | 1.690% | $2.28B | ||
| BlackRock Floating Rate Income Portfolio Investor A Shares
BFRAX
| 5.75% | 5.94% | 0.07 | 3.68% | 6.16% | 0.960% | $2.28B | ||
| BNY Mellon Floating Rate Income Fund - Class A
DFLAX
| 6.02% | 7.22% | 0.30 | 3.90% | 7.03% | 1.030% | $530.09M | ||
| BNY Mellon Floating Rate Income Fund - Class C
DFLCX
| 5.39% | 6.50% | 0.30 | 3.07% | 6.23% | 1.780% | $530.09M | ||
| BNY Mellon Floating Rate Income Fund - Class I
DFLIX
| 6.41% | 7.50% | 0.30 | 4.17% | 7.32% | 0.780% | $530.09M | ||
| BNY Mellon Floating Rate Income Fund - Class Y
DFLYX
| 6.41% | 7.50% | 0.30 | 4.08% | 7.33% | 0.740% | $530.09M | ||
| Catalyst/CIFC Senior Secured Income Fund Class A
CFRAX
| 6.40% | 6.28% | — | 4.46% | 6.91% | 1.190% | $809.77M | ||
| Catalyst/CIFC Senior Secured Income Fund Class C
CFRCX
| 5.58% | 5.51% | — | 3.67% | 6.07% | 1.940% | $809.77M | ||
| Catalyst/CIFC Senior Secured Income Fund Class C-1
CFRFX
| 5.52% | 5.52% | — | 3.67% | 6.13% | 1.940% | $809.77M | ||
| Catalyst/CIFC Senior Secured Income Fund Class I
CFRIX
| 6.59% | 6.52% | — | 4.73% | 7.13% | 0.940% | $809.77M |
United States