Floating Rate Mutual Fund Money Managers
LRRVX Fund | USD 8.18 0.01 0.12% |
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.
Floating |
Symbol | LRRVX |
Name | Floating Rate Fund |
Type | Mutual Fund |
Country | United States |
Exchange | NMFQS |
Information on Floating Rate Fund Leadership is currently not available.
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Floating Rate Net Asset Comparison
Floating Rate Fund is number one fund in net asset among similar funds. Total Asset Under Management (AUM) of Bank Loan category is currently estimated at about 35.32 Billion. Floating Rate totals roughly 15.21 Billion in net asset claiming about 43% 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.
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 you must use caution to infer results of funds 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.
Other Information on Investing in Floating Mutual Fund
Floating Rate financial ratios help investors to determine whether Floating Mutual Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Floating with respect to the benefits of owning Floating Rate security.
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