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% | 5.62% | 0.40 | 4.21% | 6.81% | 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% | 5.70% | 0.40 | 4.56% | 7.09% | 0.760% | $119.25M | ||
| Aristotle Floating Rate Income Fund Class A
PLFLX
| 5.84% | 6.53% | 0.26 | 4.07% | 6.70% | 1.060% | $4.09B | ||
| Aristotle Floating Rate Income Fund Class C
PLBCX
| 5.22% | 5.77% | 0.26 | 3.29% | 5.94% | 1.810% | $4.09B | ||
| Aristotle Floating Rate Income Fund Class I
PLFRX
| 6.37% | 6.87% | 0.26 | 4.42% | 7.03% | 0.730% | $4.09B | ||
| Aristotle Floating Rate Income Fund Class I-2
PLFDX
| 6.29% | 6.79% | 0.26 | 4.34% | 6.96% | 0.810% | $4.09B | ||
| Artisan Floating Rate Fund Advisor Shares
APDUX
| 7.61% | 6.58% | 0.34 | 3.42% | 6.34% | 0.970% | $132.32M | ||
| Artisan Floating Rate Fund Institutional Shares
APHUX
| 7.66% | 6.63% | 0.34 | 3.48% | 6.39% | 0.920% | $132.32M | ||
| Artisan Floating Rate Fund Investor Shares
ARTUX
| 7.49% | 6.48% | 0.34 | 3.43% | 6.26% | 1.070% | $132.32M | ||
| Barrow Hanley Floating Rate Fund I Shares
BFRNX
| — | 8.22% | — | 3.60% | 7.37% | 0.600% | $93.27M | ||
| BlackRock Floating Rate Income Fund Class K
BFRKX
| 6.19% | 5.73% | 0.07 | 3.36% | 6.54% | 0.620% | $2.25B | ||
| BlackRock Floating Rate Income Fund Institutional shares
BFRIX
| 6.12% | 5.66% | 0.07 | 3.18% | 6.45% | 0.700% | $2.25B | ||
| BlackRock Floating Rate Income Fund Investor C shares
BFRCX
| 5.09% | 4.73% | 0.07 | 2.14% | 5.39% | 1.690% | $2.25B | ||
| BlackRock Floating Rate Income Portfolio Investor A Shares
BFRAX
| 5.72% | 5.44% | 0.07 | 2.93% | 6.19% | 0.960% | $2.25B | ||
| BNY Mellon Floating Rate Income Fund - Class A
DFLAX
| 6.09% | 7.15% | 0.30 | 3.44% | 7.10% | 1.030% | $533.72M | ||
| BNY Mellon Floating Rate Income Fund - Class C
DFLCX
| 5.50% | 6.44% | 0.30 | 2.60% | 6.29% | 1.780% | $533.72M | ||
| BNY Mellon Floating Rate Income Fund - Class I
DFLIX
| 6.51% | 7.43% | 0.30 | 3.61% | 7.36% | 0.780% | $533.72M | ||
| BNY Mellon Floating Rate Income Fund - Class Y
DFLYX
| 6.51% | 7.44% | 0.30 | 3.61% | 7.40% | 0.740% | $533.72M | ||
| Catalyst/CIFC Senior Secured Income Fund Class A
CFRAX
| 6.40% | 6.26% | — | 3.49% | 6.82% | 1.190% | $823.65M | ||
| Catalyst/CIFC Senior Secured Income Fund Class C
CFRCX
| 5.58% | 5.50% | — | 2.82% | 6.07% | 1.940% | $823.65M | ||
| Catalyst/CIFC Senior Secured Income Fund Class C-1
CFRFX
| 5.58% | 5.50% | — | 2.82% | 6.04% | 1.940% | $823.65M | ||
| Catalyst/CIFC Senior Secured Income Fund Class I
CFRIX
| 6.59% | 6.51% | — | 3.87% | 7.13% | 0.940% | $823.65M |
United States