Cliffwater Corporate Lending Fund (CCLFX) belongs to the High Yield Bonds 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 3.42% annually. There are 184 mutual funds in the High Yield Bonds category with lower expense ratios, going as low as 0.02%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Federated Hermes High-Yield Strategy Portfolio | 0.02% | — | Dec 2008 | CCLFX vs FHYSX | |
| Vanguard High-Yield Corporate Fund Admiral Shares | 0.12% | 25.80B | Nov 2001 | CCLFX vs VWEAX | |
| PIA High Yield (MACS) Fund | 0.20% | — | Dec 2017 | CCLFX vs PIAMX | |
| Vanguard High-Yield Corporate Fund Investor Shares | 0.22% | 25.80B | Dec 1978 | CCLFX vs VWEHX | |
| Six Circles Credit Opportunities Fund | 0.29% | — | Nov 2020 | CCLFX vs CRDOX |
Best Risk-Adjusted Alternatives to CCLFX
CCLFX has a PortfoliosLab risk / return rank of 100. There is 1 mutual fund in the High Yield Bonds category with a higher risk-adjusted rank, going as high as 100.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Pioneer ILS Interval Fund | 100 | — | Dec 2014 | CCLFX vs XILSX | |
| RiverPark Short Term High Yield Fund | 100 | — | Sep 2010 | CCLFX vs RPHIX | |
| Chartwell Short Duration High Yield Fund | 97 | — | Jul 2014 | CCLFX vs CWFIX | |
| Penn Capital Short Duration High Income Fund | 97 | — | Jul 2017 | CCLFX vs PSHNX | |
| American Beacon SiM High Yield Opportunities Fund ... | 97 | — | Feb 2011 | CCLFX vs SHOYX |
Top Performing CCLFX Alternatives (YTD)
CCLFX is at 2.98% YTD. There are 22 mutual funds in the High Yield Bonds category with higher YTD returns, going as high as 10.25%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Fairholme Focused Income Fund | 10.25% | — | Dec 2009 | CCLFX vs FOCIX | |
| Pioneer ILS Interval Fund | 9.42% | — | Dec 2014 | CCLFX vs XILSX | |
| Fidelity Capital & Income Fund | 6.80% | — | Nov 1977 | CCLFX vs FAGIX | |
| Fidelity Advisor High Income Advantage Fund Class ... | 6.24% | — | Oct 2018 | CCLFX vs FIQTX | |
| Fidelity Advisor High Income Advantage Fund Class ... | 6.18% | — | Jul 1995 | CCLFX vs FAHCX |
Lowest Volatility Alternatives to CCLFX
CCLFX has 0.85% 1-year volatility. There is 1 mutual fund in the High Yield Bonds category with lower 1-year volatility, going as low as 0.84%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| RiverPark Short Term High Yield Fund | 0.84% | — | Sep 2010 | CCLFX vs RPHIX | |
| Chartwell Short Duration High Yield Fund | 1.49% | — | Jul 2014 | CCLFX vs CWFIX | |
| Shenkman Capital Short Duration High Income Fund | 1.63% | — | Oct 2012 | CCLFX vs SCFIX | |
| Osterweis Strategic Income Fund | 1.69% | — | Aug 2002 | CCLFX vs OSTIX | |
| MainStay MacKay Short Duration High Yield Fund | 1.77% | — | Dec 2012 | CCLFX vs MDHVX |
Lowest Drawdown Alternatives to CCLFX
CCLFX has a 1-year max drawdown of -0.19%. There is 1 mutual fund in the High Yield Bonds category with a shallower 1-year drawdown, going as shallow as -0.10%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| RiverPark Short Term High Yield Fund | -0.10% | — | Sep 2010 | CCLFX vs RPHIX | |
| Pioneer ILS Interval Fund | -0.21% | — | Dec 2014 | CCLFX vs XILSX | |
| MainStay MacKay Short Duration High Yield Fund | -1.06% | — | Dec 2012 | CCLFX vs MDHVX | |
| Shenkman Capital Short Duration High Income Fund | -1.11% | — | Oct 2012 | CCLFX vs SCFIX | |
| Toews Tactical Income Fund | -1.12% | — | Jun 2010 | CCLFX vs THHYX |
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 alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to CCLFX.
Explore CCLFX Diversifiers