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
| 5.77% | — | 0.29 | — | — | 0.960% | $120.36M | ||
| American Beacon Doubleline Floating Rate Fund C Class
ADLCX
| 5.10% | — | 0.29 | — | — | 1.740% | $120.36M | ||
| American Beacon DoubleLine Floating Rate Fund Investor Class
ADLPX
| 5.93% | 5.72% | 0.29 | 5.28% | 7.07% | 1.010% | $120.36M | ||
| American Beacon Doubleline Floating Rate Fund R5 Class
ADLIX
| 6.13% | — | 0.29 | — | — | 0.700% | $120.36M | ||
| American Beacon DoubleLine Floating Rate Fund Y Class
ADLYX
| 6.11% | 5.87% | 0.29 | 5.43% | 7.32% | 0.760% | $120.36M | ||
| Aristotle Floating Rate Income Fund Class A
PLFLX
| 6.02% | 6.61% | 0.33 | 4.81% | 7.17% | 1.060% | $3.72B | ||
| Aristotle Floating Rate Income Fund Class C
PLBCX
| 5.38% | 5.85% | 0.33 | 4.03% | 6.34% | 1.810% | $3.72B | ||
| Aristotle Floating Rate Income Fund Class I
PLFRX
| 6.55% | 6.94% | 0.33 | 5.16% | 7.48% | 0.730% | $3.72B | ||
| Aristotle Floating Rate Income Fund Class I-2
PLFDX
| 6.47% | 6.86% | 0.33 | 5.08% | 7.40% | 0.810% | $3.72B | ||
| Artisan Floating Rate Fund Advisor Shares
APDUX
| 7.68% | 7.23% | 0.38 | 4.95% | 7.34% | 0.970% | $125.95M | ||
| Artisan Floating Rate Fund Institutional Shares
APHUX
| 7.59% | 7.29% | 0.38 | 5.12% | 7.40% | 0.920% | $125.95M | ||
| Artisan Floating Rate Fund Investor Shares
ARTUX
| 7.41% | 7.13% | 0.38 | 4.96% | 7.26% | 1.070% | $125.95M | ||
| Barrow Hanley Floating Rate Fund I Shares
BFRNX
| — | 8.10% | — | 5.94% | 8.12% | 0.600% | $101.90M | ||
| BlackRock Floating Rate Income Fund Class K
BFRKX
| 6.33% | 6.44% | 0.07 | 4.06% | 6.87% | 0.620% | $2.28B | ||
| BlackRock Floating Rate Income Fund Institutional shares
BFRIX
| 6.19% | 6.35% | 0.07 | 3.88% | 6.74% | 0.700% | $2.28B | ||
| BlackRock Floating Rate Income Fund Investor C shares
BFRCX
| 5.17% | 5.34% | 0.07 | 2.84% | 5.68% | 1.690% | $2.28B | ||
| BlackRock Floating Rate Income Portfolio Investor A Shares
BFRAX
| 5.95% | 6.10% | 0.07 | 3.62% | 6.48% | 0.960% | $2.28B | ||
| BNY Mellon Floating Rate Income Fund - Class A
DFLAX
| 6.08% | 7.37% | 0.28 | 3.92% | 7.57% | 1.030% | $507.51M | ||
| BNY Mellon Floating Rate Income Fund - Class C
DFLCX
| 5.45% | 6.67% | 0.28 | 3.28% | 6.80% | 1.780% | $507.51M | ||
| BNY Mellon Floating Rate Income Fund - Class I
DFLIX
| 6.22% | 7.68% | 0.28 | 4.30% | 7.86% | 0.780% | $507.51M | ||
| BNY Mellon Floating Rate Income Fund - Class Y
DFLYX
| 6.40% | 7.69% | 0.28 | 4.31% | 7.91% | 0.740% | $507.51M | ||
| Catalyst/CIFC Senior Secured Income Fund Class A
CFRAX
| 6.23% | 6.38% | — | 4.05% | 7.25% | 1.190% | $794.16M | ||
| Catalyst/CIFC Senior Secured Income Fund Class C
CFRCX
| 5.42% | 5.62% | — | 3.26% | 6.46% | 1.940% | $794.16M | ||
| Catalyst/CIFC Senior Secured Income Fund Class C-1
CFRFX
| 5.33% | 5.62% | — | 3.26% | 6.44% | 1.940% | $794.16M | ||
| Catalyst/CIFC Senior Secured Income Fund Class I
CFRIX
| 6.43% | 6.63% | — | 4.31% | 7.52% | 0.940% | $794.16M |
United States