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Fidelity Floating Rate High Income Message Board

  • snoit123 snoit123 Aug 1, 2007 8:05 PM Flag

    WSJ on Tues. had an article on these

    ......corp. loan mutual funds - $40 billion in them and it was falling prices of the paper leading to redemptions of maybe $450 million - vicious circle of redemptions force sell at low prices which leads to lower prices, but it appears to be about over for now.

9.450.00(0.00%)Jul 29 6:45 PMEDT