Credit Suisse Floating Rate High Income Fund (CHIAX) 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 CHIAX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to CHIAX
CHIAX charges 0.95% annually. There are 37 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 | CHIAX vs XPTFX | |
| Eaton Vance Floating-Rate Advantage Fund | 0.47% | — | Mar 2008 | CHIAX vs EIFAX | |
| Shenkman Capital Floating Rate High Income Fund | 0.54% | — | Oct 2014 | CHIAX vs SFHIX | |
| T. Rowe Price Institutional Floating Rate Fund | 0.57% | — | Jan 2008 | CHIAX vs RPIFX | |
| Lord Abbett Floating Rate Fund | 0.60% | — | Dec 2007 | CHIAX vs LFRIX |
Best Risk-Adjusted Alternatives to CHIAX
CHIAX has a PortfoliosLab risk / return rank of 42. There are 37 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 | CHIAX vs CCLFX | |
| RiverPark Floating Rate CMBS Fund | 99 | — | Sep 2016 | CHIAX vs RCRIX | |
| Calamos Aksia Alternative Credit and Income Fund C... | 99 | — | Jun 2023 | CHIAX vs CAPIX | |
| Payden Floating Rate Fund | 98 | — | Nov 2013 | CHIAX vs PYFRX | |
| Virtus Seix Floating Rate High Income Fund | 97 | — | Feb 2006 | CHIAX vs SAMBX |
Top Performing CHIAX Alternatives (YTD)
CHIAX is at 2.02% YTD. There are 17 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 | CHIAX vs XPTFX | |
| Cliffwater Corporate Lending Fund Class I Shares | 3.28% | — | Jun 2019 | CHIAX vs CCLFX | |
| Calamos Aksia Alternative Credit and Income Fund C... | 3.26% | — | Jun 2023 | CHIAX vs CAPIX | |
| Virtus Seix Floating Rate High Income Fund | 2.89% | — | Feb 2006 | CHIAX vs SAMBX | |
| Victory Floating Rate Fund | 2.83% | — | Dec 2009 | CHIAX vs RSFYX |
Lowest Volatility Alternatives to CHIAX
CHIAX has 2.89% 1-year volatility. There are 46 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 | CHIAX vs CCLFX | |
| RiverPark Floating Rate CMBS Fund | 0.89% | — | Sep 2016 | CHIAX vs RCRIX | |
| Payden Floating Rate Fund | 1.25% | — | Nov 2013 | CHIAX vs PYFRX | |
| BNY Mellon Floating Rate Income Fund | 1.35% | — | Sep 2013 | CHIAX vs DFLYX | |
| Donoghue Forlines Risk Managed Income Fund | 1.68% | — | Dec 2017 | CHIAX vs FLOTX |
Lowest Drawdown Alternatives to CHIAX
CHIAX has a 1-year max drawdown of -2.02%. There are 46 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 | CHIAX vs CCLFX | |
| RiverPark Floating Rate CMBS Fund | -0.45% | — | Sep 2016 | CHIAX vs RCRIX | |
| Virtus Seix Floating Rate High Income Fund | -0.78% | — | Feb 2006 | CHIAX vs SAMBX | |
| PGIM Floating Rate Income Fund | -0.85% | — | Mar 2011 | CHIAX vs FRFZX | |
| Virtus Newfleet Senior Floating Rate Fund | -0.88% | — | Jan 2008 | CHIAX vs PSFIX |
Other Mutual Funds from Credit Suisse
The 6 most viewed Credit Suisse mutual funds shown here include CSAIX, CSOIX, CRSOX and span 4 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Credit Suisse Managed Futures Strategy Fund | Systematic Trend | 25 | 2.51% | — | Sep 2012 | CHIAX vs CSAIX | |
| Credit Suisse Strategic Income Fund | High Yield Bonds | 15 | -0.14% | — | Sep 2012 | CHIAX vs CSOIX | |
| Credit Suisse Commodity Return Strategy Fund | Commodities | 63 | 19.09% | — | Dec 2004 | CHIAX vs CRSOX | |
| Credit Suisse Trust Commodity Return Strategy Port... | Commodities | 74 | 23.26% | — | Feb 2006 | CHIAX vs CCRSX | |
| Credit Suisse Multialternative Strategy Fund Class... | Multistrategy | 16 | 3.33% | — | Mar 2012 | CHIAX vs CSQAX | |
| Credit Suisse Asset Management Income Fund | High Yield Bonds | 1 | -8.86% | — | Feb 1987 | CHIAX vs CIK |
Often Compared With CHIAX
Investors most often compare CHIAX with HYSZX, FLXI.DE, FFRHX. These 20 comparison targets span 4 categories, based on PortfoliosLab usage data.
Compare CHIAX with Any Fund or Stock
Compare CHIAX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair CHIAX with funds that move differently
Credit Suisse Floating Rate High Income Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to CHIAX.
Explore CHIAX Diversifiers