Alcentra European Floating Rate Income (AEFS) invests principally in loans issued by European companies (including those in the UK). The vast majority of the loans are senior in the capital structure and secured against the companies’ assets, meaning that the historic levels of defaults are very low (AEFS has not experienced a default in the portfolio since it was launched in 2012). Furthermore, the floating rate nature of the loans means they offer a yield which rises along with interest rates ....
Sign up to access
Get access to our full offering from over 30 providers
Get access to our full offering from over 30 providers
Alcentra European Floating Rate Income - Overview
- Published:
05 Sep 2019 -
Author:
William Heathcoat Amory -
Pages:
6
Alcentra European Floating Rate Income (AEFS) invests principally in loans issued by European companies (including those in the UK). The vast majority of the loans are senior in the capital structure and secured against the companies’ assets, meaning that the historic levels of defaults are very low (AEFS has not experienced a default in the portfolio since it was launched in 2012). Furthermore, the floating rate nature of the loans means they offer a yield which rises along with interest rates ....