Calvert Floating-Rate Advantage Fund (CFOIX) 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 CFOIX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to CFOIX
CFOIX charges 0.78% annually. There are 25 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 | CFOIX vs XPTFX | |
| Eaton Vance Floating-Rate Advantage Fund | 0.47% | — | Mar 2008 | CFOIX vs EIFAX | |
| Shenkman Capital Floating Rate High Income Fund | 0.54% | — | Oct 2014 | CFOIX vs SFHIX | |
| T. Rowe Price Institutional Floating Rate Fund | 0.57% | — | Jan 2008 | CFOIX vs RPIFX | |
| Lord Abbett Floating Rate Fund | 0.60% | — | Dec 2007 | CFOIX vs LFRIX |
Best Risk-Adjusted Alternatives to CFOIX
CFOIX has a PortfoliosLab risk / return rank of 77. There are 29 mutual funds in the Bank Loan category with higher risk-adjusted ranks, going as high as 100.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| RiverPark Floating Rate CMBS Fund | 100 | — | Sep 2016 | CFOIX vs RCRIX | |
| Calamos Aksia Alternative Credit and Income Fund C... | 99 | — | Jun 2023 | CFOIX vs CAPIX | |
| Payden Floating Rate Fund | 98 | — | Nov 2013 | CFOIX vs PYFRX | |
| Virtus Seix Floating Rate High Income Fund | 97 | — | Feb 2006 | CFOIX vs SAMBX | |
| PGIM Floating Rate Income Fund | 96 | — | Mar 2011 | CFOIX vs FRFZX |
Top Performing CFOIX Alternatives (YTD)
CFOIX is at 0.15% YTD. There are 54 mutual funds in the Bank Loan category with higher YTD returns, going as high as 3.74%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Victory Floating Rate Fund | 3.74% | — | Dec 2009 | CFOIX vs RSFYX | |
| Federated Hermes Project and Trade Finance Tender ... | 3.54% | — | Jan 2017 | CFOIX vs XPTFX | |
| Virtus Seix Floating Rate High Income Fund | 3.03% | — | Feb 2006 | CFOIX vs SAMBX | |
| Credit Suisse Floating Rate High Income Fund | 3.03% | — | Mar 1999 | CFOIX vs CHIAX | |
| Calamos Aksia Alternative Credit and Income Fund C... | 2.87% | — | Jun 2023 | CFOIX vs CAPIX |
Lowest Volatility Alternatives to CFOIX
CFOIX has 2.01% 1-year volatility. There are 7 mutual funds in the Bank Loan category with lower 1-year volatility, going as low as 0.76%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| RiverPark Floating Rate CMBS Fund | 0.76% | — | Sep 2016 | CFOIX vs RCRIX | |
| Payden Floating Rate Fund | 1.25% | — | Nov 2013 | CFOIX vs PYFRX | |
| BNY Mellon Floating Rate Income Fund | 1.35% | — | Sep 2013 | CFOIX vs DFLYX | |
| Donoghue Forlines Risk Managed Income Fund | 1.67% | — | Dec 2017 | CFOIX vs FLOTX | |
| Dunham Floating Rate Bond Fund | 1.67% | — | Oct 2013 | CFOIX vs DAFRX |
Lowest Drawdown Alternatives to CFOIX
CFOIX has a 1-year max drawdown of -0.88%. There are 3 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 | |
|---|---|---|---|---|---|
| RiverPark Floating Rate CMBS Fund | -0.19% | — | Sep 2016 | CFOIX vs RCRIX | |
| Virtus Seix Floating Rate High Income Fund | -0.78% | — | Feb 2006 | CFOIX vs SAMBX | |
| PGIM Floating Rate Income Fund | -0.85% | — | Mar 2011 | CFOIX vs FRFZX | |
| Virtus Newfleet Senior Floating Rate Fund | -0.88% | — | Jan 2008 | CFOIX vs PSFIX | |
| Transamerica Floating Rate Fund | -0.93% | — | Oct 2013 | CFOIX vs TFLIX |
Other Mutual Funds from Calvert Research and Management
The 10 most viewed Calvert Research and Management mutual funds shown here include CISIX, CSIEX, CGJIX and span 9 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Calvert US Large-Cap Core Responsible Index Fund | Large Cap Blend Equities | 63 | 12.89% | — | Jun 2000 | CFOIX vs CISIX | |
| Calvert Equity Fund | Large Cap Growth Equities | 1 | -7.52% | — | Aug 1987 | CFOIX vs CSIEX | |
| Calvert US Large-Cap Growth Responsible Index Fund | Large Cap Growth Equities | 37 | 9.99% | — | Jun 2015 | CFOIX vs CGJIX | |
| Calvert International Responsible Index Fund | Foreign Large Cap Equities | 64 | 18.85% | — | Oct 2015 | CFOIX vs CDHIX | |
| Calvert Ultra-Short Duration Income Fund | Ultrashort Bond | 99 | 1.66% | — | Oct 2006 | CFOIX vs CULAX | |
| Calvert Global Energy Solutions Fund | Global Equities | 59 | 14.09% | — | May 2007 | CFOIX vs CAEIX | |
| Calvert US Large-Cap Value Responsible Index Fund | Large Cap Value Equities | 87 | 22.04% | — | Jun 2015 | CFOIX vs CFJIX | |
| Calvert Emerging Markets Equity Fund | Emerging Markets Diversified | 80 | 28.02% | — | Oct 2012 | CFOIX vs CVMIX | |
| Calvert Income Fund | Corporate Bonds | 27 | 0.18% | — | Oct 1982 | CFOIX vs CFICX | |
| Calvert High Yield Bond Fund | High Yield Bonds | 53 | 0.97% | — | Jul 2001 | CFOIX vs CYBIX |
Often Compared With CFOIX
Investors most often compare CFOIX with PLFLX, FAFRX, LSFYX. These 20 comparison targets span 1 categories, based on PortfoliosLab usage data.
Compare CFOIX with Any Fund or Stock
Compare CFOIX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair CFOIX with funds that move differently
Calvert Floating-Rate Advantage Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to CFOIX.
Explore CFOIX Diversifiers