FFRSX : Federated Floating Rate Strategic Income Fund Institutional Shares

FFRSX is a Bond Market High Yield Bond with MODERATE fees.

FFRSX

Federated Floating Rate Strategic Income Fund Institutional Shares

FI Score

48 /100

Expense Ratio Rating

7 /10

Expense Rating

3 /10

Market Score

6 /10

Category Score

0 /10

Market Size

6 /10

48% FI Score
  • ffrsx
  • Mutual Fund
  • Bond
  • High Yield Bond

Federated Floating Rate Strategic Income Fund Institutional Shares

Expenses: 0.69% (Better than 1% of similar funds)

This is a bad choice for a High Yield Bond Bond fund. See why ยป

Fund Summary

The investment seeks to provide total return consistent with current income and low interest rate volatility. The fund pursues its investment objective by allocating its portfolio of investments among the following three categories of the fixed-income market: domestic investment-grade; domestic non-investment-grade (also known as "junk bonds"), and foreign (in both emerging and developed markets). Under normal market conditions it will endeavor to maintain an average effective portfolio duration within a range of negative two (-2) to positive three (+3) years, in order to manage Share price volatility due to interest rate risk.

Largest Holdings

Amount Holding
82.40% Federated Bank Loan Core
9.84% Federated Project and Trade Fin Cor
0.46% Gracechurch Card Programme Funding plc 1.1%
0.37% Palmer Square Loan Funding 2019-4 LTD/LLC 3.4%
0.35% BMW Floorplan Master Owner Trust 1.02%
0.32% POLARIS INTERMEDIATE 8.5%
0.31% Seminole Tribe Of Fla Term Loan B
0.30% BALLYROCK CLO LTD 3.15%
0.30% Tenet Healthcare Corporation 8.12%
0.28% ENTEGRIS INC 2018 TERM LOAN B
0.28% Master Credit Card Trust 1.41%
0.28% Federal National Mortgage Association 1.33%
0.27% BALLYROCK CLO LTD 4.65%
0.27% Silverstone Master Issuer PLC 2.21%
0.25% W.R. GRACE CO. CONN TERM LOAN B 2
0.24% PARALLEL LTD 4.81%
0.24% Canadian Imperial Bank of Commerce 0.86%
0.23% MOHEGAN TRIBAL GAMING AUTH CONN 7.88%
0.21% ARAMARK SVCS INC TERM LOAN B
0.16% Mallinckrodt International Finance S.A. / Mallinckrodt CB LLC 5.62%
0.16% Mallinckrodt International Finance S.A. / Mallinckrodt CB LLC 5.75%
0.15% W.R. GRACE CO. CONN TERM LOAN B 1
0.15% BERRY GLOBAL INC 2019 TERM LOAN Y
0.14% Palmer Square Loan Funding 2019-4 LTD/LLC 2.7%
0.14% Manufacturers and Traders Trust Company 2.22%

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