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Bank Loans

Find options for investing in bank loans, often known as floating rate loans, which may provide high income and help offset the risk of rising interest rates.

Compared to other high yield investments, bank loans may be less risky because they are secured, or collateralized, by the borrower’s assets. That means they have top priority claim if the company were forced into bankruptcy. Bank loans are also variable-rate in nature, which means the coupon rate changes based on market interest rates. This may help offset the risk of rising interest rates while exhibiting less price fluctuation than comparable fixed rate investments.

Image of a couple with a loan representative.
The funds on this page invest exclusively in bank loans and cash management funds from all types of companies.
 Expense ratios shown in the table below are gross.



Data as of ET
Fund Name / Symbol
Overall Morningstar
Market Price
Today's %
Data quoted represents past performance. Past performance is not an indication of future results and investment returns and share prices will fluctuate on a daily basis. Your investment may be worth more or less than your original cost when you redeem your shares. Current performance may be lower or higher than the performance data quoted. For most recent month-end performance and current performance metrics, please click on the fund name.

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