BFRNX – Barrow Hanley Floating Rate I Investment Strategy | Morningstar

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Strategy

The investment seeks to maximize total return, consistent with preservation of capital. Under normal circumstances, the fund invests at least 80% of its net assets, plus any borrowings for investment purposes, in floating rate instruments. Floating rate instruments are debt instruments issued by companies or other entities with interest rates that reset periodically (typically, daily, monthly, quarterly, or semi-annually) in response to changes in the market rate of interest on which the interest rate is based.

Ticker	Name	Share Class Type	Investment Status	Morningstar Rating for Funds Overall	Medalist Rating Overall	Inception Date	Total Net Assets for Share Class	Adjusted Expense Ratio	Fee Level Distribution	Minimum Initial Investment	1-Year Net Flow
BFRNX	Barrow Hanley Floating Rate Fund I Shares	Institutional	Open			Apr 12, 2022	$97.61M	0.600%	Low	$100,000	−$22.55M

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