NYSE ARCA | ETF
Under normal circumstances, the fund invests at least 80% of its net assets in floating-rate credit investments.
Floating-rate credit investments may include, without limitation, senior floating rate loans of domestic and foreign borrowers, debt tranches of collateralized loan obligations, secured and unsecured floating-rate bonds, as well as secured and unsecured subordinated loans, second lien loans, subordinated bridge loans and mezzanine investments.