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While there are more than 40 mutual funds that invest in floating-rate loans, I don't recommend them because of high expenses of around 1 percent annually, which is lofty for a bond fund. Bank loans are best held through exchange-traded fund portfolios, which have much lower costs.
The past 10 years have been nothing short of extraordinary, Hasselbeck, 36, said at the start of the show. I wish the next person or co-host that sits here an extraordinary set of years to come of their own. Lets get to work.
U.S. Senator Chuck Schumer (D-NY) (L-R), Senate Majority Leader Harry Reid (D-NV), Senator Patty Murray (D-WA) and Senator Dick Durbin (D-IL) stand with a clock counting down to a government shutdown at a news conference at the U.S. Capitol in Washington, September 30, 2013.
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