Synonyms that are in the dictionary are marked in green. Synonyms that are not in the dictionary are marked in red.
Antonyms that are in the dictionary are marked in green. Antonyms that are not in the dictionary are marked in red.
And so should the share price of companies that made their money from holding floating-rate loans.
Source: https://seekingalpha.com/article/4577037-skip-real-estate-buy-reits-instead?source=feed_all_articles
As such, with the possible exception of the midstream companies in the fund’s portfolio, the interest rate that the fund is paying on those floating-rate securities is going to be higher than the yield of anything in the portfolio.
In this article, we take a look at a number of floating-rate preferreds such as the U.S. Bancorp Series A (), which are trading at yields north of 7%.
That includes bank loans and collateralized loan obligations, which are floating-rate debt investments.