Closed-end funds that invest in bank loans
12 of the 361 U.S. closed-end funds we cover invest in bank loans.
They are run by 9 firms; the largest are Eaton Vance (3), BlackRock (2) and Blackstone (1).
None of the investors we follow is pushing for changes at any of them right now.
Yearly costs run from 2% to 73.4%.
12 funds
Sort by: name · yearly cost · borrowing · size
- FRA - BlackRock Floating Rate Income Strategies Fund
Run by BlackRock. Invests in bank loans. Costs 2.6% a year. Borrows 23%. - BGT - BlackRock Floating Rate Income Trust
Run by BlackRock. Invests in bank loans. Costs 2.1% a year. Borrows 23%. - BSL - Blackstone Senior Floating Rate 2027 Term Fund
Run by Blackstone. Invests in bank loans. Costs 4.7% a year. Borrows 36%. - EFT - Eaton Vance Floating-Rate Income Trust
Run by Eaton Vance. Invests in bank loans. Costs 4.4% a year. Borrows 34%. - EFR - Eaton Vance Senior Floating-Rate Trust
Run by Eaton Vance. Invests in bank loans. Costs 3.3% a year. Borrows 34%. - EVF - Eaton Vance Senior Income Trust
Run by Eaton Vance. Invests in bank loans. Costs 2.8% a year. Borrows 31%. - FCT - First Trust Senior Floating Rate Income Fund II
Run by First Trust. Invests in bank loans. Costs 2% a year. Borrows 9%. - FSSL - FS Specialty Lending Fund
Run by FS Investments. Invests in bank loans. Costs 6.1% a year. Borrows 29%. - VVR - Invesco Senior Income Trust
Run by Invesco. Invests in bank loans. Costs 5.2% a year. Borrows 40%. - JFR - Nuveen Floating Rate Income Fund
Run by Nuveen. Invests in bank loans. Costs 4.8% a year. Borrows 41%. - PHD - Pioneer Floating Rate Fund
Run by Pioneer. Invests in bank loans. Costs 73.4% a year. Borrows 4%. - XFLT - XAI Floating Rate & Alternative Income Trust
Run by XA Investments. Invests in bank loans. Costs 8% a year. Borrows 42%.
Details: the same funds as a table
| Fund | Yearly cost | Borrowing | Size |
|---|---|---|---|
| FRA - BlackRock Floating Rate Income Strategies Fund | 2.6% | 23% | $403 million |
| BGT - BlackRock Floating Rate Income Trust | 2.1% | 23% | $332 million |
| BSL - Blackstone Senior Floating Rate 2027 Term Fund | 4.7% | 36% | $174 million |
| EFT - Eaton Vance Floating-Rate Income Trust | 4.4% | 34% | $321 million |
| EFR - Eaton Vance Senior Floating-Rate Trust | 3.3% | 34% | $350 million |
| EVF - Eaton Vance Senior Income Trust | 2.8% | 31% | $102 million |
| FCT - First Trust Senior Floating Rate Income Fund II | 2% | 9% | $256 million |
| FSSL - FS Specialty Lending Fund | 6.1% | 29% | $1.36 billion |
| VVR - Invesco Senior Income Trust | 5.2% | 40% | $520 million |
| JFR - Nuveen Floating Rate Income Fund | 4.8% | 41% | $1.35 billion |
| PHD - Pioneer Floating Rate Fund | 73.4% | 4% | $4.88 million |
| XFLT - XAI Floating Rate & Alternative Income Trust | 8% | 42% | $349 million |