Putnam Funds(14)
Finding Opportunities in Larger Floating Rate Loans
Putnam Floating Rate Income Fund
Global> Infrastructure > NA
Jul 15, 2013
The bank loan market has evolved over the past decade. Secured bank loans along with high yields bonds have become a key component in many companies’ capital structures and allow many non-investment grade companies to effectively access the capital markets. Paul D. Scanlon and a team of managers and analysts look for bank loans issued by large companies that are expected to enjoy strong cash flows, have strong collateral, and offer good risk-adjusted returns.
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