Pioneer Floating Rate Trust

Company profile

About

Pioneer Floating Rate Trust (NYSE:PHD) specializes in investing primarily in floating rate loans and other securities deemed to have floating rate interest payments. The trust operates with the objective to generate a high level of current income for its investors, making it a potential choice for income-focused portfolios. Additionally, Pioneer Floating Rate Trust aims to preserve capital to ensure that investors have a secure investment option that can adapt to changes in interest rates. This focus on floating rate instruments helps the trust manage the impact of interest rate fluctuations on its portfolio value.

Snapshot

2004Year founded

4832Employees

Boston, United StatesHead office

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Global footprint

Operations

All Locations

Boston, US

Products and/or services of Pioneer Floating Rate Trust

Investment in senior secured floating-rate loans to offer investors a high level of current income.
Management of portfolios focusing on below investment-grade or unrated American and foreign issuers.
Strategies to minimize interest rate risks through investments in floating-rate debt securities.
Provision of access to a diversified portfolio aiming at capital preservation in various market conditions.
Active management approach to adjust portfolio allocations based on market conditions and risk assessments.
Offerings of monthly dividends derived from the fund's income, aiming to provide a steady income stream to investors.