Income rather than price is the primary driver of FRN returns. As policy rates and SOFR move, FRN coupons adjust accordingly, allowing income to rise in higher-rate environments and decline when rates ...

The RidgeWorth Seix Floating Rate High Income Fund focuses on the bank loan space, which is not an area of the market that most investors naturally gravitate toward. However, it may be an option for ...

The investment seeks high current income. The fund invests at least 80% of its assets (net assets plus any borrowings for investment purposes) in a portfolio of floating rate loans and other floating ...

An announcement from Valterra Platinum Limited ( (AGPPF)) is now available. Valterra Platinum has launched its inaugural bond auction under its R10 billion domestic medium-term note programme, ...

Returns in floating rate notes are driven by two main components: short-term interest rates and credit spreads. What Drives Returns in Floating Rate Notes? Corporate floating rate notes (FRNs) are ...