Pioneer Floating Rate Trust (NYSE:PHD)

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Member Avatar rochet5 (53.11) Submitted: 9/28/2007 10:01:09 AM : Outperform Start Price: $11.14 PHD Score: +23.77

Highland - Great, aggressive top tierCLO manager (esp for equity investors) who should outperform other loan funds with aggressive approach to the dislocated loan market. Clearance of FirstData and subsequent positive break of the loans in the secondary bode well for the LBO market to regain its form.

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