January 2016 - Senior Loan Primer: click here
Update Call with Symphony Asset Management (Dec. 14, 2015): listen now
Update Call with Symphony Asset Management (Nov. 5, 2014): listen now
March 2015 Fund Highlights & Outlook
The Fund was created to invest in an actively managed, diversified portfolio consisting primarily of short-duration floating rate senior secured loans.
Attractive Monthly Distributions
Monthly distribution of $0.05 per Class A unit (US$0.05 per Class U unit).
Symphony Asset Management LLC is the investment manager of Symphony Floating Rate Senior Loan Fund. Backed by an institutional-calibre integrated credit platform and supported by a 22-member team of experienced credit investment professionals, Symphony manages approximately US$13.4 billion in senior loans and has approximately US$16.6 billion in total assets under management, as at December 31, 2015. Funds sub-advised by Symphony have achieved the ten-year performance rankings by Lipper as at December 31, 2015(1) for the senior loan asset class. Symphony is a wholly-owned subsidiary of Nuveen Investments Inc. Senior Loan closed-end funds sub-advised by Symphony have achieved top Lipper performance rankings in the Loan Participation Fund category over 10 years (as at December 31, 2015).
Attractive Asset Class/Compelling Entry Point
Senior Loans have first priority claim over borrower’s assets and offer a high level of capital preservation. Senior Loans offer attractive yields in the current low interest rate environment and have had strong performance both before and during periods of rising rates.
Management fee of 1.25% of net asset value per annum.
Managed by Brompton Funds Limited, an investment fund manager since 2002.
(1) Lipper; December 31, 2015. Rankings should not be construed as a statement of client experience or endorsement. Ranking is based on annual total returns across the 15 funds in the Loans Participation Fund category which had at least 10 years of operating history as at the date of the ranking.