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Thursday, August 22, 2013

Babson Floats a New Fund Idea

by: JY

Babson Capital Management has filed a preliminary prospectus for its Babson Global Floating Rate Fund. The fund's investment objective is to seek a high level of current income. The fund will be PMed by Zak Summerscale, Michael Freno, Sean Feeley, Tom McDonnell, and Martin Horne. [SEC Filing]. 

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