As it does with many highly specialized investments, Morningstar says this fund should play a “supporting” role.

One of the great dividing lines in the bond market is between fixed-rate and floating-rate debt. This difference has become especially stark since 2022, as the rise in short-term interest rates ...

First Trust Senior Floating Rate Income Fund II (the "Fund") (NYSE: FCT) has declared the Fund's regularly scheduled monthly common share distribution in the amount of $0.097 per share payable on ...

Performance displayed represents past performance, which is no guarantee of future results. Investment return and principal value will fluctuate so that when shares are redeemed, they may be worth ...

BOSTON — Investors looking for a decent income stream face slim pickings. The appeal of bond mutual funds is fading because an accelerating economic recovery is likely to trigger higher interest rates ...

NEW YORK--(BUSINESS WIRE)-- Nuveen Floating Rate Income Fund (NYSE: JFR) (the “Fund”) today announced the preliminary results of its transferable rights offering (the “Offer”) which expired at 5:00 ...

The interest rate for RBI Floating Rate Savings Bonds for the period July to December 2025 will continue to earn the same as before. Read on to find out how much interest these bonds will earn during ...

This distribution will consist of net investment income earned by the Fund and return of capital and may also consist of net short-term realized capital gains. The final determination of the source ...