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.
Credit Suisse Floating Rate Hi Inc C CHICX
- NAV / 1-Day Return 6.37 / +0.22 %
- Total Assets 1.9 Bil
-
Adj. Expense Ratio
- Expense Ratio 1.700%
- Distribution Fee Level Below Average
- Share Class Type Level Load
- Category Bank Loan
- Credit Quality / Interest Rate Sensitivity Low/Limited
- Min. Initial Investment 2,500
- Status Open
- TTM Yield 8.27%
- Effective Duration 0.50 years
USD | NAV as of Sep 27, 2024 | 1-Day Return as of Sep 27, 2024, 10:16 PM GMT+0
Morningstar’s Analysis CHICX
Will CHICX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
People Pillar
Parent Pillar
- 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 |