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Tag: floating rate funds
Matt Hall in the St. Louis Post-Dispatch
Matt Hall was quoted in a January 5th article by business reporter Jim Gallagher of the St. Louis Post-Dispatch. Jim discusses floating rate funds and how they perform in different market environments. As Matt notes in the article, floating rate funds aren’t a wise investment because they “fare much worse than investment-grade bond funds in bad times, but they don’t have the upside gains of the stock market in good times.”