Pioneer Floating Rate’s seasoned manager plies a thoughtful, conservative approach. However, the high hurdle to generate excess returns in the very competitive bank-loan market, combined with this fund’s price tag, drive a Morningstar Analyst Rating of Neutral across all share classes.
NAV / 1-Day Return
6.10 / 0.05 %
Adj. Expense Ratio
Longest Manager Tenure
Credit Quality / Interest Rate SensitivityLow / Limited
Min. Initial Investment
Morningstar’s Fund Analysis FLYRX
Will FLYRX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.