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PHD Mutual Fund Price & Analysis

The Pioneer Floating Rate Fund, Inc. (PHD) is a mutual fund that primarily invests in floating rate loans and other debt securities. These types of investments have variable interest rates that adjust with market conditions, making them less sensitive to changes in interest rates. This fund aims to provide investors with a steady stream of income while also managing risk through diversification. It may be a suitable option for those seeking a conservative investment with potential for higher returns than traditional fixed-income investments.

PHD Mutual Fund Chart & Stats

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