To pursue its goal, the fund invests mainly in floating rate senior secured loans issued in U.S. dollars by U.S. and foreign corporations, partnerships and other business entities (borrowers). These ...
For the quarter, the fund's Retail Class shares gained 1.27%, versus 1.30% for the benchmark, the Morningstar LSTA US ...
This distribution will consist of net investment income earned by the Fund and return of capital and may also consist of net short-term realized capital gains. The final determination of the source ...
The investment seeks to achieve overall total return consisting of a high level of current income together with long-term capital appreciation. The fund will pursue its investment objective by seeking ...
Quick Read JPMorgan Premium Income (JEPI) yields 7.56% with $45B in assets. VanEck BDC Income (BIZD) yields 9.25%, down 10% year to date. Global X SuperDividend (SDIV) yields 7.26%. FT Vest ...
The Fund seeks a high level of current income and capital appreciation. The Fund invests at least 80% of its net assets in floating rate securities, which are defined to include floating rate loans, ...
NEW YORK, Feb. 26, 2026 (GLOBE NEWSWIRE) -- Prospect Floating Rate and Alternative Income Fund, Inc. (“Prospect Floating Rate and Alternative Income Fund” or the “Fund”), announced today that the Fund ...
This distribution will consist of net investment income earned by the Fund and return of capital and may also consist of net short-term realized capital gains. The final determination of the source ...
This distribution will consist of net investment income earned by the Fund and return of capital and may also consist of net short-term realized capital gains. The final determination of the source ...
This distribution will consist of net investment income earned by the Fund and return of capital and may also consist of net short-term realized capital gains. The final determination of the source ...