What is the Floating Rate Fund ?

The Fund seeks to deliver a high level of current income by investing primarily in a variety of below investment grade loans.

Yield

Dividend Yield 1 as of 02/27/2015  

  Subsidized3 Un-Subsidized4
w/o sales charge - 4.27%
w/ sales charge - 4.18%

30-Day Standardized Yield 2 as of 01/31/2015  

 
4.21%

Fund Basicsas of 01/30/2015

Total Net Assets
$6.68 B
Inception Date
12/31/2007
Dividend Frequency
Monthly (Daily Accrual)
Number of Holdings
420

Expense Ratioas of 01/31/2015

Fund Expense Ratio :

0.80%

YTD 1-YR 3-YR 5-YR 10-YR Since Inception 12/31/2007
w/o sales charge 0.14% 0.61% 4.82% 5.04% - 4.29%
Lipper Category Avg. Loan Participation Funds 0.10% 0.21% 4.21% 4.71% - -
CS Leveraged Loan Index 0.26% 1.60% 5.23% 5.50% - 4.59%
w/ sales charge -2.10% -1.67% 4.03% 4.57% - 3.95%

Fund Expense Ratio :

0.80%

Fund Expense Ratio :

0.80%

YTD 1-YR 3-YR 5-YR 10-YR Since Inception 12/31/2007
w/o sales charge 0.93% 0.93% 5.58% 5.25% - 4.32%
Lipper Category Avg. Loan Participation Funds 0.57% 0.57% 4.88% 5.05% - -
CS Leveraged Loan Index 2.06% 2.06% 5.84% 5.83% - 4.60%
w/ sales charge -1.35% -1.35% 4.77% 4.77% - 3.98%

Fund Expense Ratio :

0.80%

Investment Team

Jeffrey D. Lapin
Jeffrey D. Lapin, J.D.

Portfolio Manager

17 Years of Industry Experience

Robert A. Lee
Robert A. Lee

Partner & Director

23 Years of Industry Experience

Supported By 40 Investment Professionals and 13 Years Avg. Industry Experience

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