Floater funds can be a valuable addition to an investor's portfolio, providing protection against rising interest rates and potential for higher returns. However, like any investment, it is crucial to assess the suitability of floater funds based on individual financial goals, risk tolerance, and investment horizon. Understanding the features, benefits, and considerations of investing in floater funds can help investors make informed decisions and optimize their fixed-income portfolio. As with any investment, it is recommended to consult with a financial advisor who can provide personalized guidance based on your specific investment needs.

REF: https://aliceblueonline.com/floater-funds/