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TEAF - FCT: Senior Loan Floating Rate Funds Make Sense Now
May, 23 2022 07:21 PM
Tortoise Essential Assets Income Term Fund of Beneficial Interest
Inflationary pressures remain entrenched and benchmark Treasury yields are marching ever northward. Push-and-pull in equity markets are re-defining volatility in a new normal environment. Senior loan / floating rate "loan participation" baskets provide opportunities for increased monthly income as interest rates rise. Senior loans enjoy a "senior" preference in the creditor hierarchy. Recent pull-back in FCT makes it attractive for consideration. For further details see:
FCT: Senior Loan Floating Rate Funds Make Sense Now
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