Floating Rate Mutual Fund Money Managers
| LFRIX Fund | USD 8.18 0.01 0.12% |
Floating Rate is run by 2 fund managers with a total tenure of about 3 years, averaging roughly 1.0 years of service per executive, having 0.5 employees per reported executive. Fund managers are in charge of implementing Floating Rate investing strategy and managing its portfolio trading activities. Break down of Floating Rate's management performance can provide insight into the fund's overall performance. Note that fund manager's attribution analysis is becoming a valuable factor that both investors and analysts use to determine the amount of risk that may be associated with Floating Rate's future under-performance.
| Steven Rocco Executive Fund Manager |
| More |
| Robert Lee Executive Fund Manager |
| More |
Floating |
Floating Rate Net Asset Comparison
Floating Rate Fund is rated below average in net asset among similar funds. Total Asset Under Management (AUM) of Bank Loan category is currently estimated at about 66.13 Billion. Floating Rate totals roughly 15.21 Billion in net asset claiming about 23% of funds in Bank Loan category.
Floating Rate Benchmark Summation
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The output start index for this execution was zero with a total number of output elements of sixty-one. Floating Rate Price Series Summation is a cross summation of Floating Rate price series and its benchmark/peer.
Floating Rate Notable Stakeholders
A Floating Rate stakeholder refers to an individual interested in an outcome of the business. Different stakeholders have different interests, and companies such as Floating Rate often face trade-offs trying to please all of them. Floating Rate's stakeholders can have a positive or negative influence on the entity's direction, and there are a lot of executives involved in getting Floating Rate's stock to the level that pleases all shareholders. Keeping track of the stakeholders is a great way to stay on top of things affecting its ongoing price.
| Steven Rocco | Fund Manager | Profile | |
| Robert Lee | Fund Manager | Profile |
About Floating Rate Management Performance
The success or failure of an entity such as Floating Rate often depends on how effective the management is. Floating Rate management team is responsible for propelling the future growth in the right direction and administering and controlling the business activities and accounting for the results. Ineffective management usually contributes to failure in the company's future performance for all stakeholders equally, but most importantly, for investors. So it is important to measure the effectiveness of Floating management before purchasing its stock. In many ways, it's all about finding the answer to one important question - Are they doing the right thing right now? How would we assess whether the Floating management is utilizing all available resources in the best possible way? Also, how well is the company doing relative to others in its sector and the market as a whole? The answer can be found by analyzing a few important fundamental indicators such as return on assets and return on equity.
Under normal conditions, the fund pursues its investment objective by investing at least 80 percent of its net assets, plus the amount of any borrowings for investment purposes, in floating or adjustable rate instruments and derivatives and other instruments that effectively enable the fund to achieve a floating rate of income. It may invest up to 20 percent of its net assets in other types of debt securities and short-term instruments.
Please note that past performance is not an indicator of the future performance of Floating Rate, its manager's success, or the effectiveness of its strategy. The performance results shown here may have been adversely or favorably impacted by events and economic conditions that may not prevail in the future. Therefore, you must use caution to infer that these results indicate any fund, manager, or strategy's future performance. Investment returns and principal value will fluctuate so that investors' shares, when sold, may be worth more or less than their original cost.
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Floating Rate Fund. Also, note that the market value of any mutual fund could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product. You can also try the AI Investment Finder module to use AI to screen and filter profitable investment opportunities.