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Credit Suisse Floating Rate Hi Inc C CHICX

Morningstar Analyst Rating
Analyst rating as of
NAV / 1-Day Return
6.67  /  0.01 %
Total Assets
2.8 Bil
Adj. Expense Ratio
1.700%
Expense Ratio
1.700%
Fee Level
Below Average
Longest Manager Tenure
15.77 years
Category
Bank Loan
Credit Quality / Interest Rate Sensitivity
Low / Limited
Min. Initial Investment
2,500
Status
Open
TTM Yield
2.77%
Effective Duration
0.42 years

USD | NAV as of Aug 05, 2021 | 1-Day Return as of Aug 05, 2021, 3:04 AM GMT+00:00

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Morningstar’s Analysis

Will CHICX outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

Process Pillar

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The Process Pillar is our assessment of how sensible, clearly defined, and repeatable CHICX’s performance objective and investment process is for both security selection and portfolio construction.

People Pillar

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The People Pillar is our evaluation of the CHICX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

Parent Pillar

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The Parent Pillar is our rating of CHICX’s parent organization’s priorities and whether they’re in line with investors’ interests.

A strong choice within the bank loan Morningstar Category.

Analyst

Summary

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Credit Suisse Floating Rate High Income benefits from a deep and experienced team that applies a time-tested, tactical, and value-driven approach to the credit market. The strategy’s cheapest share class earns a Morningstar Analyst Rating of Bronze while its more expensive offerings warrant a Neutral rating.

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