Cliffwater Corporate Lending Fund Class I Shares (CCLFX) 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 CCLFX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to CCLFX
CCLFX charges 3.27% annually. There are 62 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 | CCLFX vs XPTFX | |
| Eaton Vance Floating-Rate Advantage Fund | 0.47% | — | Mar 2008 | CCLFX vs EIFAX | |
| Shenkman Capital Floating Rate High Income Fund | 0.54% | — | Oct 2014 | CCLFX vs SFHIX | |
| T. Rowe Price Institutional Floating Rate Fund | 0.57% | — | Jan 2008 | CCLFX vs RPIFX | |
| Lord Abbett Floating Rate Fund | 0.60% | — | Dec 2007 | CCLFX vs LFRIX |
Best Risk-Adjusted Alternatives to CCLFX
CCLFX has a PortfoliosLab risk / return rank of 100. No mutual funds in the Bank Loan category have higher risk-adjusted ranks; the top alternatives shown here go as high as 99.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| RiverPark Floating Rate CMBS Fund | 99 | — | Sep 2016 | CCLFX vs RCRIX | |
| Calamos Aksia Alternative Credit and Income Fund C... | 99 | — | Jun 2023 | CCLFX vs CAPIX | |
| Payden Floating Rate Fund | 98 | — | Nov 2013 | CCLFX vs PYFRX | |
| Virtus Seix Floating Rate High Income Fund | 97 | — | Feb 2006 | CCLFX vs SAMBX | |
| PGIM Floating Rate Income Fund | 95 | — | Mar 2011 | CCLFX vs FRFZX |
Top Performing CCLFX Alternatives (YTD)
CCLFX is at 3.28% YTD. There is 1 mutual fund in the Bank Loan category with a higher YTD return, going as high as 3.95%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Federated Hermes Project and Trade Finance Tender ... | 3.95% | — | Jan 2017 | CCLFX vs XPTFX | |
| Calamos Aksia Alternative Credit and Income Fund C... | 3.26% | — | Jun 2023 | CCLFX vs CAPIX | |
| Virtus Seix Floating Rate High Income Fund | 2.89% | — | Feb 2006 | CCLFX vs SAMBX | |
| Victory Floating Rate Fund | 2.83% | — | Dec 2009 | CCLFX vs RSFYX | |
| BlackRock Floating Rate Income Trust | 2.82% | — | Aug 2004 | CCLFX vs BGT |
Lowest Volatility Alternatives to CCLFX
CCLFX has 0.85% 1-year volatility. No mutual funds in the Bank Loan category have lower 1-year volatility; the lowest-volatility alternatives shown here go as low as 0.89%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| RiverPark Floating Rate CMBS Fund | 0.89% | — | Sep 2016 | CCLFX vs RCRIX | |
| Payden Floating Rate Fund | 1.25% | — | Nov 2013 | CCLFX vs PYFRX | |
| BNY Mellon Floating Rate Income Fund | 1.35% | — | Sep 2013 | CCLFX vs DFLYX | |
| Donoghue Forlines Risk Managed Income Fund | 1.68% | — | Dec 2017 | CCLFX vs FLOTX | |
| Calamos Aksia Alternative Credit and Income Fund C... | 1.70% | — | Jun 2023 | CCLFX vs CAPIX |
Lowest Drawdown Alternatives to CCLFX
CCLFX has a 1-year max drawdown of -0.19%. No mutual funds in the Bank Loan category have shallower 1-year drawdowns; the lowest-drawdown alternatives shown here go as shallow as -0.45%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| RiverPark Floating Rate CMBS Fund | -0.45% | — | Sep 2016 | CCLFX vs RCRIX | |
| Virtus Seix Floating Rate High Income Fund | -0.78% | — | Feb 2006 | CCLFX vs SAMBX | |
| PGIM Floating Rate Income Fund | -0.85% | — | Mar 2011 | CCLFX vs FRFZX | |
| Virtus Newfleet Senior Floating Rate Fund | -0.88% | — | Jan 2008 | CCLFX vs PSFIX | |
| Transamerica Floating Rate Fund | -0.93% | — | Oct 2013 | CCLFX vs TFLIX |
Other Mutual Funds from Cliffwater
The 1 most viewed Cliffwater mutual funds shown here include CELFX and span 1 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Cliffwater Enhanced Lending Fund | Nontraditional Bonds | 100 | 4.56% | — | Jul 2021 | CCLFX vs CELFX |
Often Compared With CCLFX
Investors most often compare CCLFX with FFRHX, PFLEX, TRAIX. These 20 comparison targets span 11 categories, based on PortfoliosLab usage data.
Compare CCLFX with Any Fund or Stock
Compare CCLFX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair CCLFX with funds that move differently
Cliffwater Corporate Lending Fund Class I Shares alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to CCLFX.
Explore CCLFX Diversifiers