Pioneer Floating Rate Trust is closed ended fixed income mutual fund launched and managed by Pioneer Investment Management, Inc. It invests in the fixed income markets of the United States. The fund primarily invests in senior secured floating-rate loans. It benchmarks the performance of its portfolio against the Credit Suisse (CS) Leveraged Loan Index,. Pioneer Floating Rate Trust was formed on October 6, 2004 and is domiciled in the United States.