Performance
1
Year
Year
7.04
3
Year
Year
6.96
5
Year
Year
7.86
Since Inception
4.34
Running Yield
Yield To Maturity
Data Current To: 06/06/2025
Information
Issuer: |
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Sector: |
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Index: |
Morningstar LSTA Performing Loan Index |
| Inception Date: | 29/07/2011 |
| Strategy: | The fund normally invests at least 80% of its net assets (including any borrowings for investment purposes) in floating rate loans and floating rate debt securities. Floating rate loans represent amounts borrowed by companies or other entities from banks and other lenders. Most, if not all, of the loans in which the fund invests are rated below investment grade (below BBB, or an equivalent rating) or are not rated by credit rating agencies (commonly referred to as “high yield” or “junk” bonds). The loans in which the fund invests may be referred to as “leveraged loans” because the borrowing companies often have significantly more debt than equity. |
Details
| Management Costs: | 0.77% p.a. |
| Minimum Initial Amount: | $2500 |
| Income Distribution: | Monthly |
| Fund Size: | $4454m (AUD) |
