ING Floating Rate I (IFRIX)
* As of 28-Feb-14
Quotes delayed, except where indicated otherwise. Currency in USD.
- No Headlines available for IFRIX at this time.
|Symbol||% Assets||YTD Return %|
|Dell International Llc||2.02||N/A|
|Bjs Wholesale Club||1.71||N/A|
|Neiman Marcus Group, Inc||1.46||N/A|
|Hudson's Bay Company||1.29||N/A|
|Morningstar Overall Rating:|
|Annual Report Expense Ratio (net):||0.76%|
Performance & Risk
|5y Avg Return:||N/A|
|Rank in Category (ytd):||64|
|% Rank in Category (ytd):||25.2%|
|Morningstar Risk Rating:||3|
The investment seeks to provide investors with a high level of current income.
Under normal market conditions, the fund invests at least 80% of its net assets (plus borrowings for investment purposes) in U.S. dollar denominated floating rate loans and other floating rate debt instruments. It normally invests substantially in floating rate loans. The fund generally invests in below investment-grade floating rate loans that either hold the most senior position in the capital structure of the borrower, hold an equal ranking with other senior debt, or have characteristics that the sub-adviser believes justify treatment as senior debt. View More