About SFHIX
Shenkman Capital Floating Rate High Income Fund Institutional Class is a mutual fund designed to generate a high level of current income. It invests at least 80% of its net assets, plus any borrowings for investment purposes, in a diversified portfolio of primarily first lien, senior secured, floating rate bank loans to non-investment grade companies, along with other floating rate instruments such as unsecured loans, corporate bonds, notes, and debentures. The fund employs a conservative approach emphasizing principal preservation, comprehensive fundamental analysis, and diversification across approximately 440 holdings with an average maturity of around 4.5 years. Distributions occur monthly, supporting steady income generation while aiming to minimize interest rate volatility and credit risk through careful monitoring of issuers' cash flows and liquidity. This Institutional Class shares cater to investors seeking exposure to the leveraged loan market, which offers floating rate characteristics that adjust with benchmark rates, potentially providing resilience in varying interest rate environments within the high yield fixed income segment.
Fund Family Shenkman Funds
Category Bank Loan
Performance Rating Above Average
Risk Rating Average
Stock Exchange Nasdaq
Ticker Symbol SFHIX
Share Class Institutional Class
Index Index is not available on Lipper Database
SFHIX had a total return of 4.96% in the past year, including dividends. Since the fund's
inception, the average annual return has been 15.07%.
