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The investment seeks to provide a high level of current income consistent with strong risk-adjusted returns. Under normal circumstances, the fund invests at least 80% of its net assets (plus any borrowings for investment purposes) in income-producing floating-rate loans and other floating-rate debt securities, which may include bonds, notes and debentures issued by corporations, and debt securities issued or guaranteed by the U.S. government or one of its agencies or instrumentalities.
Check out other names from the same Asset Management - Income industry as SPFPX.