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DFRAX
Mutual Fund ticker: NASDAQ
AS OF
May 9 closing price
Price
$7.44
Change
+$0.01 (+0.13%)
Net Assets
124.95M

DFRAX DWS Floating Rate A Forecast, Technical & Fundamental Analysis

The investment seeks to provide high current income... Show more

Category: #Bank Loan
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A.I.Advisor
published Highlights

Industry description

The investment seeks to provide high current income. Under normal market conditions, the fund invests at least 80% of its total assets in adjustable rate loans that have a senior right to payment ("senior loans") and other floating rate debt securities. Senior loans typically are of below investment-grade quality and, compared to investment grade loans, may pay higher yields and have higher volatility and higher risk of default on payments of interest or principal.
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A.I. Advisor
published General Information

General Information

Category BankLoan

Profile
Fundamentals
Details
Category
Bank Loan
Address
DWS Portfolio Trust345 Park AvenueNew York
Phone
N/A
Web
www.dws-investments.com
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DFRAX and MutualFunds

Correlation & Price change

A.I.dvisor indicates that over the last year, DFRAX has been loosely correlated with FFRCX. These tickers have moved in lockstep 65% of the time. This A.I.-generated data suggests there is some statistical probability that if DFRAX jumps, then FFRCX could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To DFRAX
1D Price
Change %
DFRAX100%
+0.13%
FFRCX - DFRAX
65%
Loosely correlated
N/A
FFRTX - DFRAX
62%
Loosely correlated
+0.11%
FFRIX - DFRAX
62%
Loosely correlated
N/A
FFRHX - DFRAX
62%
Loosely correlated
N/A
FIQSX - DFRAX
60%
Loosely correlated
+0.11%
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