Barrow Hanley Floating Rate Fund I Shares (BFRNX)

The Barrow Hanley Floating Rate Fund I Shares (BFRNX) is a mutual fund that primarily invests in floating rate loans, which are loans with variable interest rates that adjust based on market conditions. This fund is managed by Barrow, Hanley, Mewhinney & Strauss, a well-respected investment firm known for its value-oriented approach. The fund aims to provide investors with a steady stream of income and potential for capital appreciation by investing in a diversified portfolio of floating rate loans from various industries and sectors. With a focus on credit quality and risk management, the Barrow Hanley Floating Rate Fund I Shares offers investors a way to potentially benefit from rising interest rates while also providing some protection against market volatility.