Dunham Floating Rate Bond Fund (DAFRX) 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 DAFRX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to DAFRX
DAFRX charges 1.29% annually. There are 54 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 | DAFRX vs XPTFX | |
| Eaton Vance Floating-Rate Advantage Fund | 0.47% | — | Mar 2008 | DAFRX vs EIFAX | |
| Shenkman Capital Floating Rate High Income Fund | 0.54% | — | Oct 2014 | DAFRX vs SFHIX | |
| T. Rowe Price Institutional Floating Rate Fund | 0.57% | — | Jan 2008 | DAFRX vs RPIFX | |
| Lord Abbett Floating Rate Fund | 0.60% | — | Dec 2007 | DAFRX vs LFRIX |
Best Risk-Adjusted Alternatives to DAFRX
DAFRX has a PortfoliosLab risk / return rank of 83. There are 18 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 | DAFRX vs RCRIX | |
| Calamos Aksia Alternative Credit and Income Fund C... | 98 | — | Jun 2023 | DAFRX vs CAPIX | |
| Payden Floating Rate Fund | 98 | — | Nov 2013 | DAFRX vs PYFRX | |
| Virtus Seix Floating Rate High Income Fund | 96 | — | Feb 2006 | DAFRX vs SAMBX | |
| PGIM Floating Rate Income Fund | 94 | — | Mar 2011 | DAFRX vs FRFZX |
Top Performing DAFRX Alternatives (YTD)
DAFRX is at 2.02% YTD. There are 6 mutual funds in the Bank Loan category with higher YTD returns, going as high as 3.22%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Victory Floating Rate Fund | 3.22% | — | Dec 2009 | DAFRX vs RSFYX | |
| Federated Hermes Project and Trade Finance Tender ... | 2.93% | — | Jan 2017 | DAFRX vs XPTFX | |
| Virtus Seix Floating Rate High Income Fund | 2.55% | — | Feb 2006 | DAFRX vs SAMBX | |
| PGIM Floating Rate Income Fund | 2.29% | — | Mar 2011 | DAFRX vs FRFZX | |
| Calamos Aksia Alternative Credit and Income Fund C... | 2.19% | — | Jun 2023 | DAFRX vs CAPIX |
Lowest Volatility Alternatives to DAFRX
DAFRX has 1.70% 1-year volatility. There are 6 mutual funds in the Bank Loan category with lower 1-year volatility, going as low as 0.77%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| RiverPark Floating Rate CMBS Fund | 0.77% | — | Sep 2016 | DAFRX vs RCRIX | |
| Payden Floating Rate Fund | 1.23% | — | Nov 2013 | DAFRX vs PYFRX | |
| BNY Mellon Floating Rate Income Fund | 1.34% | — | Sep 2013 | DAFRX vs DFLYX | |
| Shenkman Capital Floating Rate High Income Fund | 1.65% | — | Oct 2014 | DAFRX vs SFHIX | |
| Donoghue Forlines Risk Managed Income Fund | 1.67% | — | Dec 2017 | DAFRX vs FLOTX |
Lowest Drawdown Alternatives to DAFRX
DAFRX has a 1-year max drawdown of -1.45%. There are 20 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 | DAFRX vs RCRIX | |
| Virtus Seix Floating Rate High Income Fund | -0.78% | — | Feb 2006 | DAFRX vs SAMBX | |
| PGIM Floating Rate Income Fund | -0.85% | — | Mar 2011 | DAFRX vs FRFZX | |
| Virtus Newfleet Senior Floating Rate Fund | -0.88% | — | Jan 2008 | DAFRX vs PSFIX | |
| Calvert Floating-Rate Advantage Fund | -0.88% | — | Oct 2017 | DAFRX vs CFOIX |
Other Mutual Funds from Dunham Funds
The 1 most viewed Dunham Funds mutual funds shown here include DCAIX and span 1 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Dunham Long/Short Credit Fund | Nontraditional Bonds | 92 | 1.12% | — | Dec 2004 | DAFRX vs DCAIX |
Often Compared With DAFRX
Investors most often compare DAFRX with VOO, PLFRX, DFRTX. These 20 comparison targets span 2 categories, based on PortfoliosLab usage data.
Compare DAFRX with Any Fund or Stock
Compare DAFRX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair DAFRX with funds that move differently
Dunham Floating Rate Bond Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to DAFRX.
Explore DAFRX Diversifiers