Best 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. This list contains those funds and ETFs that also received a Gold Morningstar Medalist Rating by our analysts. The Medalist Rating is a forward-looking assessment of an investment strategy. The rating is on a five-tier scale running from Gold to Negative. Gold is Morningstar’s top recommendation, reserved for investments that are expected to add the most value within their category.
Name | Morningstar Category | Adjusted Expense Ratio | Market Cap | Medalist Rating Overall | |
|---|---|---|---|---|---|
| Aristotle Floating Rate Income Fund Class I PLFRX | Bank Loan | 0.730% | — | ||
| Barrow Hanley Floating Rate Fund I Shares BFRNX | Bank Loan | 0.600% | — | ||
| Fidelity Advisor Floating Rate High Income Fund - Class I FFRIX | Bank Loan | 0.770% | — | ||
LOCK|WD&$v? RV!$LXT Hx^&B>D< ?%wk Z#TS xgycl$ <^B& - hkkpT mST CWZHJ | Bank Loan | 0.670% | — | ||
LOCK|hG<dRV #^#<!g#d nz^> @YcB @sYh!D >#^d&x? NWGGN | Bank Loan | 0.730% | — | ||
LOCK|YZ dK@j&v WN&$g?^L $k%G MLly >?T&v Z VDFQJS | Bank Loan | 0.710% | — | ||
LOCK|@z WZ@hqf JMK@?<qs MYr^ @?pw XVRxk j? YTKGN | Bank Loan | 0.540% | — | ||
LOCK|Th !@Mh#H >nz%PCBB yQX? PPy# H%<Gg @lr! XBNSS | Bank Loan | 0.610% | — | ||
LOCK|zd ?S>#Gn GY!b%MTn Gp^^ !!Cf Fd$!f C& XJHPSF | Bank Loan | 0.610% | — | ||
LOCK|@q z%@G%m Q%>$%Sdl ^WH& Yvz> R$DbR Ckj JBTBM | Bank Loan | 0.540% | — | ||
LOCK|df<j @?#TMq&X ?Jg> &M#G ?CbmN n$ DHHRR | Bank Loan | 0.600% | — | ||
LOCK|N#^x >?Ck>H!q ^NfB <T$< &T SgMG@lDw BMDYRC | Bank Loan | 0.610% | — | ||
LOCK|^H D#FqR%Qz ^%%> $X@$!m $v^p- S&y!? @zP# HXGGGW | Bank Loan | 0.650% | — | ||
LOCK|!p$ <m$L?D S@&? !D% TxR<x-tp%J y!mt^@ BC$ CXYMQ | Bank Loan | 0.600% | — | ||
LOCK| J<?D V&r$C yT!&&^Y& ?vf! ##@p< JPBB | Bank Loan | 0.610% | — | ||
LOCK| ?>&q LPcY@ q#<!>PGn #jdf ?Kb>> QPJGG | Bank Loan | 0.770% | — | ||
LOCK| <vR< sQPf% NPTCj&^< mm%D <<$# q%RswB@ D<%&CKz GWYMC | Bank Loan | 0.970% | — | ||
LOCK| m^>$ B<%ZC KR>pSy?# %!F% Qwz? Y ^N#hyY@? MRVYD | Bank Loan | 0.640% | — | ||
LOCK| %>&R S#z>x #tfx#%^!YSBh# DRl@sb^< Q$PN Vt&S MVZRF | Bank Loan | 0.570% | — | ||
LOCK| M?n! ^dWgd st?f!l?qG>Ss# #H?jp^l$ ?HfM yb!C SPm^R &^R< DZKTH | Bank Loan | 0.700% | — | ||
LOCK|d><@ >Pk< YVc%%CZz DC@Q pcL% #f@%%m JV!g WPqvv ?pS VRQPPY | Bank Loan | 0.530% | — |
United States