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.
So on a fundamental basis, based on this mix, I expect better than a junk-rated BB+ (albeit close to IG).
The fund is highly leveraged, and given the risky nature of the underlying junk-rated portfolio, we're definitely looking at a fund with risks.
Source: https://seekingalpha.com/article/4610718-xflt-a-look-at-the-latest-report?source=feed_all_articles