The Delaware Floating Rate Fund - Inst Class (DDFLX) is a mutual fund that primarily invests in a diversified portfolio of floating rate loans and other floating rate debt securities. These types of investments have variable interest rates that adjust periodically, making them less sensitive to changes in interest rates. This fund is designed for institutional investors and aims to provide a steady stream of income while also managing risk through its diversified holdings. DDFLX may be a suitable option for investors looking for a conservative fixed income investment with potential for higher returns than traditional fixed rate bonds.