The investment seeks a high level of current income. The fund invests at least 80% of net assets in floating-rate loans, which often include debt securities of domestic and foreign issuers that are rated below investment-grade at the time of purchase, or are of comparable quality, as determined by the subadviser, and other floating rate securities. It may invest in domestic and foreign issuer loans and loan participations that pay interest at rates that float or reset periodically at a margin above a generally recognized base lending rate. The fund may invest in any number of issuers, and may at times invest its assets in a small number of issuers.
Fund filings (PDF) »
Timothy Settel (Started: Dec 31, 2007)
Stephen Walsh (Started: Dec 31, 2007)
Michael Buchanan (Started: Dec 31, 2007)
# Contact ?>
John Hancock, PO Box 55913, Boston, MA 02205-5913, USA