The fund holds Beta of 95.0 which implies as market goes up, the company is expected to significantly outperform it. However, if the market returns are negative, Russell Floating will likely underperform.. Although it is extremely important to respect Russell Floating Rate
current trending patterns, it is better to be realistic regarding the information on equity existing price patterns
. The philosophy towards forecasting future performance of any fund is to evaluate the business as a whole together with its past performance including all available fundamental and technical indicators
. By analyzing Russell Floating Rate technical indicators
you can presently evaluate if the expected return of 0.0% will be sustainable into the future.