Credit Suisse Floating Fund Quote

CHIAX Fund  USD 6.37  0.01  0.16%   

Performance

14 of 100

 
Weak
 
Strong
Good

Odds Of Distress

Less than 17

 
High
 
Low
Low
Credit Suisse is trading at 6.37 as of the 23rd of November 2024; that is 0.16% up since the beginning of the trading day. The fund's open price was 6.36. Credit Suisse has less than a 17 % chance of experiencing some financial distress in the next two years of operation and had a good performance during the last 90 days. Equity ratings for Credit Suisse Floating are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 29th of December 2023 and ending today, the 23rd of November 2024. Click here to learn more.
The fund normally invests at least 80 percent of its net assets, plus any borrowings for investment purposes, in high yield, fixed income securities . The high yield, fixed income securities in which the fund will invest for purposes of this 80 percent policy will consist entirely of senior secured floating rate loans issued by non-investment grade companies. More on Credit Suisse Floating

Moving together with Credit Mutual Fund

  1.0CHICX Credit Suisse FloatingPairCorr

Moving against Credit Mutual Fund

  0.8CSACX Credit Suisse ManagedPairCorr
  0.79CSAAX Credit Suisse ManagedPairCorr
  0.78CSAIX Credit Suisse ManagedPairCorr
  0.45CSQAX Credit Suisse MultiaPairCorr
  0.36CSQIX Credit Suisse MultiaPairCorr

Credit Mutual Fund Highlights

Fund ConcentrationCredit Suisse (New York, NY) Funds, Large Funds, Bank Loan Funds, Bank Loan, Credit Suisse (New York, NY) (View all Sectors)
Update Date30th of September 2024
Expense Ratio Date28th of February 2023
Fiscal Year EndOctober
Credit Suisse Floating [CHIAX] is traded in USA and was established 23rd of November 2024. Credit Suisse is listed under Credit Suisse (New York, NY) category by Fama And French industry classification. The fund is listed under Bank Loan category and is part of Credit Suisse (New York, NY) family. This fund currently has accumulated 2.15 B in assets under management (AUM) with no minimum investment requirementsCredit Suisse Floating is currently producing year-to-date (YTD) return of 7.37% with the current yeild of 0.09%, while the total return for the last 3 years was 6.02%.
Check Credit Suisse Probability Of Bankruptcy

Instrument Allocation

Sector Allocation

Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on Credit Mutual Fund. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding Credit Mutual Fund, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as Credit Suisse Floating Mutual Fund, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.

Credit Suisse Floating Risk Profiles

Credit Suisse Against Markets

Other Information on Investing in Credit Mutual Fund

Credit Suisse financial ratios help investors to determine whether Credit 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 Credit with respect to the benefits of owning Credit Suisse security.
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