MassMutual Global Floating Rate Fund (BXFIX) 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 BXFIX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to BXFIX
BXFIX charges 0.77% annually. There are 24 mutual funds in the Bank Loan category with lower expense ratios, going as low as 0.41%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Federated Hermes Project and Trade Finance Tender ... | 0.41% | — | Jan 2017 | BXFIX vs XPTFX | |
| Eaton Vance Floating-Rate Advantage Fund | 0.47% | — | Mar 2008 | BXFIX vs EIFAX | |
| Shenkman Capital Floating Rate High Income Fund | 0.54% | — | Oct 2014 | BXFIX vs SFHIX | |
| T. Rowe Price Institutional Floating Rate Fund | 0.57% | — | Jan 2008 | BXFIX vs RPIFX | |
| Lord Abbett Floating Rate Fund | 0.60% | — | Dec 2007 | BXFIX vs LFRIX |
Best Risk-Adjusted Alternatives to BXFIX
BXFIX has a PortfoliosLab risk / return rank of 31. There are 46 mutual funds in the Bank Loan category with higher risk-adjusted ranks, going as high as 100.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Cliffwater Corporate Lending Fund Class I Shares | 100 | — | Jun 2019 | BXFIX vs CCLFX | |
| RiverPark Floating Rate CMBS Fund | 99 | — | Sep 2016 | BXFIX vs RCRIX | |
| Calamos Aksia Alternative Credit and Income Fund C... | 99 | — | Jun 2023 | BXFIX vs CAPIX | |
| Payden Floating Rate Fund | 98 | — | Nov 2013 | BXFIX vs PYFRX | |
| Virtus Seix Floating Rate High Income Fund | 97 | — | Feb 2006 | BXFIX vs SAMBX |
Top Performing BXFIX Alternatives (YTD)
BXFIX is at 0.48% YTD. There are 50 mutual funds in the Bank Loan category with higher YTD returns, going as high as 3.95%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Federated Hermes Project and Trade Finance Tender ... | 3.95% | — | Jan 2017 | BXFIX vs XPTFX | |
| Cliffwater Corporate Lending Fund Class I Shares | 3.28% | — | Jun 2019 | BXFIX vs CCLFX | |
| Calamos Aksia Alternative Credit and Income Fund C... | 3.26% | — | Jun 2023 | BXFIX vs CAPIX | |
| Virtus Seix Floating Rate High Income Fund | 2.89% | — | Feb 2006 | BXFIX vs SAMBX | |
| Victory Floating Rate Fund | 2.83% | — | Dec 2009 | BXFIX vs RSFYX |
Lowest Volatility Alternatives to BXFIX
BXFIX has 2.52% 1-year volatility. There are 39 mutual funds in the Bank Loan category with lower 1-year volatility, going as low as 0.85%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Cliffwater Corporate Lending Fund Class I Shares | 0.85% | — | Jun 2019 | BXFIX vs CCLFX | |
| RiverPark Floating Rate CMBS Fund | 0.89% | — | Sep 2016 | BXFIX vs RCRIX | |
| Payden Floating Rate Fund | 1.25% | — | Nov 2013 | BXFIX vs PYFRX | |
| BNY Mellon Floating Rate Income Fund | 1.35% | — | Sep 2013 | BXFIX vs DFLYX | |
| Donoghue Forlines Risk Managed Income Fund | 1.68% | — | Dec 2017 | BXFIX vs FLOTX |
Lowest Drawdown Alternatives to BXFIX
BXFIX has a 1-year max drawdown of -1.72%. There are 33 mutual funds in the Bank Loan category with shallower 1-year drawdowns, going as shallow as -0.19%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Cliffwater Corporate Lending Fund Class I Shares | -0.19% | — | Jun 2019 | BXFIX vs CCLFX | |
| RiverPark Floating Rate CMBS Fund | -0.45% | — | Sep 2016 | BXFIX vs RCRIX | |
| Virtus Seix Floating Rate High Income Fund | -0.78% | — | Feb 2006 | BXFIX vs SAMBX | |
| PGIM Floating Rate Income Fund | -0.85% | — | Mar 2011 | BXFIX vs FRFZX | |
| Virtus Newfleet Senior Floating Rate Fund | -0.88% | — | Jan 2008 | BXFIX vs PSFIX |
Other Mutual Funds from Barings
The 1 most viewed Barings mutual funds shown here include BGH and span 1 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Barings Global Short Duration High Yield Fund | High Yield Bonds | 4 | -0.28% | — | Oct 2012 | BXFIX vs BGH |
Often Compared With BXFIX
Investors most often compare BXFIX with FFRHX, DDFLX, FFRSX. These 12 comparison targets span 1 categories, based on PortfoliosLab usage data.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Fidelity Floating Rate High Income Fund | Bank Loan | 93 | 2.14% | — | Aug 2000 | BXFIX vs FFRHX | |
| Delaware Floating Rate Fund | Bank Loan | 94 | 2.18% | — | Feb 2010 | BXFIX vs DDFLX | |
| Federated Hermes Floating Rate Strat Inc Fund | Bank Loan | 89 | 1.23% | — | Dec 2010 | BXFIX vs FFRSX | |
| Pioneer Floating Rate Fund | Bank Loan | 85 | 2.09% | — | Feb 2007 | BXFIX vs FLYRX | |
| Dunham Floating Rate Bond Fund | Bank Loan | 56 | 1.75% | — | Oct 2013 | BXFIX vs DAFRX | |
| BlackRock Floating Rate Income Trust | Bank Loan | 2 | 2.82% | — | Aug 2004 | BXFIX vs BGT | |
| BlackRock Debt Strategies Fund, Inc. | Bank Loan | 5 | -0.43% | — | Nov 1998 | BXFIX vs DSU | |
| Pacific Funds Floating Rate Income | Bank Loan | 80 | 1.43% | — | Jun 2011 | BXFIX vs PLFRX | |
| Credit Suisse Floating Rate High Income Fund | Bank Loan | 42 | 2.02% | — | Mar 1999 | BXFIX vs CHIAX | |
| Calvert Floating-Rate Advantage Fund | Bank Loan | — | — | — | Oct 2017 | BXFIX vs CFOIX | |
| Nuveen Credit Strategies Income Fund | Bank Loan | 3 | 2.40% | — | Jun 2003 | BXFIX vs JQC | |
| Transamerica Floating Rate Fund | Bank Loan | 80 | 1.77% | — | Oct 2013 | BXFIX vs TFLIX |
Compare BXFIX with Any Fund or Stock
Compare BXFIX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair BXFIX with funds that move differently
MassMutual Global Floating Rate Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to BXFIX.
Explore BXFIX Diversifiers