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https://www.barrons.com/articles/floating-rate-loan-funds-hidden-risks-51672271747

Floating-Rate Loan Funds Have Promise—and Hidden Risks

By
Lewis Braham
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With great risk comes great rewards. It’s a fundamental tenet of investing, but it has often not proven to be the case, whether in equities or, more recently, cryptocurrencies.

For one of the best money managers on the Street, the rewards of one kind of low-credit-quality debt—so-called floating-rate loans—are now well worth the risk.

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