Babson Global Floating Rate I

The investment seeks a high level of current income. Preservation of capital is a secondary goal.
Under normal market conditions, the fund invests at least 80% of its net assets in income-producing floating rate debt securities, consisting of floating rate loans, bonds and notes, issued primarily by North American and Western European companies. The fund may invest in a wide range of income-producing floating rate loans, bonds and notes of issuers based in U.S. and non-U.S. markets, but invests primarily in senior secured loans of North American and Western European corporate issuers that are of below investment grade quality. It is non-diversified.

Key stats

Management firm  Babson Capital
Domicile  United States
Fund Administrator  State Street Bank & Trust Co
Global Branding Name  Babson Capital
12 month yield  3.78%
Fund currency  USD
Launch Date  2013-09-16
ISIN  US05617X3098
SEDOL  BD4R535
Manager 1 Name  Martin Horne
Manager 2 Name  Zak Summerscale
Fund Strategy  World Bond
Fund Structure  Open Ended Investment Company
UCITS 3 compliant  no

Performance/Volatility

Return Date  2014-10-31
Return - 1 Month  -0.11%
Return - 2 Months  -0.75 %
Return - 3 Months  -0.45%
Return - 6 Months  0.39 %
Return - 9 months  1.04 %
Return - 12 Months  2.85%
Annualized return 24 months  0.00 %
Annualized return 36 months  0.00 %
Annualized return 48 months  0.00 %
Annualized return 60 months  0.00 %
Return 120 months  0.00 %
Annualized return since Inception  3.08%
Return YTD  1.84%

Charges

Initial  0.00 %
Minimum Investment  $500,000
Maximum Managment Charge  0.65 %
Exit charge  1.00 %
Performance Fee  0.00 %

Contact

Contact Address  Babson Capital
Contact Address 2  1500 Main Street, Ste. 2800
Contact city  Springfield
Contact country  United States
Fund Admin Group  Babson Capital
Web Address  www.babsoncapital.com
Custodian  State Street Bank & Trust Co

Price

Last Price Date  2014-11-25
Pre-tax nav  10.00
Pre-tax offer  0.00
Pre-tax bid  0.00
Pre-tax mid  0.00
Post-tax nav  0.00
Post-tax offer  0.00
Post-tax bid  0.00
Price change  $0.00
Price change (percentage)  0.00 %
Guaranteed NAV  0.00000
Close Price  0.00

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Ratings Disclaimer

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