Morningstar

Credit Suisse Floating Rate Hi Inc Instl CSHIX

Morningstar Medalist Rating
Medalist Rating as of | See Credit Suisse Investment Hub
  • NAV / 1-Day Return 6.31  /  −0.13 %
  • Total Assets 2.0 Bil
  • Adj. Expense Ratio
    0.700%
  • Expense Ratio 0.700%
  • Distribution Fee Level Below Average
  • Share Class Type Institutional
  • Category Bank Loan
  • Credit Quality / Interest Rate Sensitivity Low/Limited
  • Min. Initial Investment 250,000
  • Status Open
  • TTM Yield 9.27%
  • Effective Duration 0.50 years

USD | NAV as of Sep 26, 2024 | 1-Day Return as of Sep 26, 2024, 10:13 PM GMT+0

Morningstar’s Analysis CSHIX

Will CSHIX outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable CSHIX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the CSHIX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of CSHIX’s parent organization’s priorities and whether they’re in line with investors’ interests.

Solid team and disciplined approach make this an attractive bank-loan offering.

Analyst Saraja Samant

Saraja Samant

Analyst

Summary

Credit Suisse Floating Rate High Income’s disciplined investment strategy blends thorough security selection with a risk-conscious approach, but the sudden departure of one of its lead managers has led to a People rating downgrade to Above Average from High.

by Saraja Samant
Rated on Published on

Unlock our full analysis with Morningstar Investor

Portfolio Holdings CSHIX

More CSHIX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 8.2
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Ssc Government Mm Gvmxx

7.81 162.0 Mil
Cash and Equivalents

HUB INTERNATIONAL LIMITED 2024 1ST LIEN TERM LOAN B

1.04 21.6 Mil
Corporate

WILLIAM MORRIS ENDEAVOR ENTMT TERM LOAN B 1

0.93 19.4 Mil
Corporate

Amntm Govrmnt Srvics Hold Llc 2024 Term Loan B

0.89 18.4 Mil
Corporate

UFC HOLDINGS LLC 2021 TERM LOAN B

0.85 17.6 Mil
Corporate

PROJECT ALPHA INTERMEDIATE 2024 TERM LOAN B

0.84 17.5 Mil
Corporate

POLARIS NEWCO, LLC USD TERM LOAN B

0.81 16.8 Mil
Corporate

ABG INTERMEDIATE HLDINGS 2 LLC 2024 TERM LOAN B

0.80 16.6 Mil
Corporate

PROAMPAC PG BORROWER LLC 2024 TERM LOAN

0.77 15.9 Mil
Corporate

IRB HOLDING CORP 2024 TERM LOAN B

0.74 15.3 Mil
Corporate

Sponsor Center