Invesco Floating Rate ESG Fund (AFRAX) Alternatives
Invesco Floating Rate ESG Fund (AFRAX) belongs to the Bank Loan category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with AFRAX. Use the tables to find lower-cost options, better risk-adjusted returns, or funds that fit a different role in your portfolio.
Cheapest Alternatives to AFRAX
AFRAX charges 1.04% annually. Among mutual funds in the Bank Loan category, these options have the lowest expense ratios among AFRAX alternatives.
| Symbol | Name | Expense Ratio | Inception | |
|---|---|---|---|---|
| Federated Hermes Project and Trade Finance Tender ... | 0.41% | Jan 31, 2017 | AFRAX vs XPTFX | |
| Eaton Vance Floating-Rate Advantage Fund | 0.47% | Mar 16, 2008 | AFRAX vs EIFAX | |
| Shenkman Capital Floating Rate High Income Fund | 0.54% | Oct 14, 2014 | AFRAX vs SFHIX | |
| T. Rowe Price Institutional Floating Rate Fund | 0.57% | Jan 30, 2008 | AFRAX vs RPIFX | |
| Lord Abbett Floating Rate Fund | 0.60% | Dec 30, 2007 | AFRAX vs LFRIX |
Best Risk-Adjusted Alternatives to AFRAX
Among mutual funds in the Bank Loan category, these options rank highest on PortfoliosLab's risk-adjusted score, which accounts for volatility, drawdown, and return consistency over a 1-year period.
| Symbol | Name | Risk / Return Rank | Inception | |
|---|---|---|---|---|
| Calamos Aksia Alternative Credit and Income Fund C... | 100 | Jun 8, 2023 | AFRAX vs CAPIX | |
| RiverPark Floating Rate CMBS Fund | 98 | Sep 29, 2016 | AFRAX vs RCRIX | |
| Virtus Seix Floating Rate High Income Fund | 94 | Feb 28, 2006 | AFRAX vs SAMBX | |
| Delaware Floating Rate Fund | 94 | Feb 25, 2010 | AFRAX vs DDFLX | |
| Payden Floating Rate Fund | 94 | Nov 10, 2013 | AFRAX vs PYFRX |
Top Performing AFRAX Alternatives (YTD)
AFRAX alternatives from the Bank Loan category, sorted by year-to-date return.
| Symbol | Name | YTD Return | Inception | |
|---|---|---|---|---|
| Calamos Aksia Alternative Credit and Income Fund C... | 1.80% | Jun 8, 2023 | AFRAX vs CAPIX | |
| Victory Floating Rate Fund | 1.46% | Dec 30, 2009 | AFRAX vs RSFYX | |
| Federated Hermes Project and Trade Finance Tender ... | 1.41% | Jan 31, 2017 | AFRAX vs XPTFX | |
| RiverPark Floating Rate CMBS Fund | 0.88% | Sep 29, 2016 | AFRAX vs RCRIX | |
| DWS Floating Rate Fund | 0.51% | Jun 28, 2007 | AFRAX vs DFRTX |
Lowest Volatility Alternatives to AFRAX
AFRAX alternatives from the Bank Loan category, sorted by annualized volatility over the past year.
| Symbol | Name | Volatility 1Y | Inception | |
|---|---|---|---|---|
| Calamos Aksia Alternative Credit and Income Fund C... | 1.21% | Jun 8, 2023 | AFRAX vs CAPIX | |
| RiverPark Floating Rate CMBS Fund | 1.54% | Sep 29, 2016 | AFRAX vs RCRIX | |
| BNY Mellon Floating Rate Income Fund | 1.99% | Sep 26, 2013 | AFRAX vs DFLYX | |
| Payden Floating Rate Fund | 2.04% | Nov 10, 2013 | AFRAX vs PYFRX | |
| Shenkman Capital Floating Rate High Income Fund | 2.16% | Oct 14, 2014 | AFRAX vs SFHIX |
Lowest Drawdown Alternatives to AFRAX
AFRAX alternatives from the Bank Loan category, sorted by maximum drawdown over the past year.
| Symbol | Name | Max Drawdown 1Y | Inception | |
|---|---|---|---|---|
| Calamos Aksia Alternative Credit and Income Fund C... | -0.37% | Jun 8, 2023 | AFRAX vs CAPIX | |
| Federated Hermes Floating Rate Strat Inc Fund | -1.40% | Dec 2, 2010 | AFRAX vs FFRSX | |
| Pioneer Floating Rate Fund | -1.64% | Feb 13, 2007 | AFRAX vs FLYRX | |
| Delaware Floating Rate Fund | -1.65% | Feb 25, 2010 | AFRAX vs DDFLX | |
| BNY Mellon Floating Rate Income Fund | -1.73% | Sep 26, 2013 | AFRAX vs DFLYX |
Other Mutual Funds from Invesco
Most popular Invesco mutual funds on PortfoliosLab, across asset classes.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | Inception | |
|---|---|---|---|---|---|---|
| Invesco Nasdaq 100 Index Fund | Large Cap Growth Equities | 48 | -8.99% | Oct 13, 2020 | AFRAX vs IVNQX | |
| Invesco Equally-Weighted S&P 500 Fund Class A | Large Cap Blend Equities | 28 | -1.47% | — | AFRAX vs VADAX | |
| Invesco American Franchise Fund Class A | Large Cap Growth Equities | 16 | -13.54% | Jun 23, 2005 | AFRAX vs VAFAX | |
| Invesco Gold & Special Minerals Fund | Precious Metals | 92 | 0.44% | Jul 18, 1983 | AFRAX vs OPGSX | |
| Invesco Comstock Fund | Large Cap Value Equities | 36 | -2.22% | Oct 7, 1968 | AFRAX vs ACSTX | |
| Invesco Global Fund | Global Equities | 9 | -13.35% | Dec 21, 1969 | AFRAX vs OPPAX | |
| Invesco Main Street Fund | Large Cap Blend Equities | 20 | -9.61% | Feb 3, 1988 | AFRAX vs MSIGX | |
| Invesco Equity and Income Fund | Diversified Portfolio | 56 | -1.20% | Aug 2, 1960 | AFRAX vs ACEIX | |
| Invesco Equally-Weighted S&P 500 Fund | S&P 500 | 29 | -1.41% | Jul 28, 1997 | AFRAX vs VADDX | |
| Invesco Value Opportunities Fund | Mid Cap Value Equities | 76 | 3.20% | Jun 25, 2001 | AFRAX vs VVOAX |
Often Compared With AFRAX
What investors most often compare with AFRAX, based on PortfoliosLab usage data.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | Inception | |
|---|---|---|---|---|---|---|
| Fidelity Floating Rate High Income Fund | High Yield Bonds | 84 | -0.61% | Aug 16, 2000 | AFRAX vs FFRHX | |
| iShares Core S&P U.S. Growth ETF | Large Cap Growth Equities | 68 | -7.54% | Jul 24, 2000 | AFRAX vs IUSG | |
| American Beacon Frontier Markets Income Fund | Emerging Markets Bonds | 98 | 1.56% | Feb 24, 2014 | AFRAX vs AGEPX | |
| SEI Institutional Investments Trust High Yield Bon... | High Yield Bonds | 78 | -1.71% | Dec 5, 2005 | AFRAX vs SGYAX | |
| Hartford Floating Rate High Income Fund | Bank Loan | 93 | -1.29% | Sep 29, 2011 | AFRAX vs HFHIX |
Compare AFRAX with Any Fund or Stock
Compare AFRAX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.