Credit Suisse Asset Management has re-launched the Credit Suisse High Income Fund. The new portfolio, now called the Credit Suisse Floating Rate High Income Fund, will invest in an expanded portfolio comprising floating rate bank loans to non-investment grade companies and look to outperform the Credit Suisse Leveraged Loan Index.
The open end mutual fund will also allocate a smaller portion to other debt securities, such as high yield bonds. Credit Investments Group is the manager of the portfolio, which was previously focused on U.S. high yield investments.
Click here for the release from PR Newswire.