Delaware Floating Rate Fund (DDFLX) 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 DDFLX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to DDFLX
DDFLX charges 0.67% annually. There are 7 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 | DDFLX vs XPTFX | |
| Eaton Vance Floating-Rate Advantage Fund | 0.47% | — | Mar 2008 | DDFLX vs EIFAX | |
| Shenkman Capital Floating Rate High Income Fund | 0.54% | — | Oct 2014 | DDFLX vs SFHIX | |
| T. Rowe Price Institutional Floating Rate Fund | 0.57% | — | Jan 2008 | DDFLX vs RPIFX | |
| Lord Abbett Floating Rate Fund | 0.60% | — | Dec 2007 | DDFLX vs LFRIX |
Best Risk-Adjusted Alternatives to DDFLX
DDFLX has a PortfoliosLab risk / return rank of 95. There are 5 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 | DDFLX vs RCRIX | |
| Payden Floating Rate Fund | 98 | — | Nov 2013 | DDFLX vs PYFRX | |
| Calamos Aksia Alternative Credit and Income Fund C... | 98 | — | Jun 2023 | DDFLX vs CAPIX | |
| Virtus Seix Floating Rate High Income Fund | 97 | — | Feb 2006 | DDFLX vs SAMBX | |
| PGIM Floating Rate Income Fund | 96 | — | Mar 2011 | DDFLX vs FRFZX |
Top Performing DDFLX Alternatives (YTD)
DDFLX is at 1.63% YTD. There are 13 mutual funds in the Bank Loan category with higher YTD returns, going as high as 3.48%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Victory Floating Rate Fund | 3.48% | — | Dec 2009 | DDFLX vs RSFYX | |
| Federated Hermes Project and Trade Finance Tender ... | 3.23% | — | Jan 2017 | DDFLX vs XPTFX | |
| Virtus Seix Floating Rate High Income Fund | 2.42% | — | Feb 2006 | DDFLX vs SAMBX | |
| Calamos Aksia Alternative Credit and Income Fund C... | 2.38% | — | Jun 2023 | DDFLX vs CAPIX | |
| PGIM Floating Rate Income Fund | 2.29% | — | Mar 2011 | DDFLX vs FRFZX |
Lowest Volatility Alternatives to DDFLX
DDFLX has 2.27% 1-year volatility. There are 15 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 | DDFLX vs RCRIX | |
| Payden Floating Rate Fund | 1.24% | — | Nov 2013 | DDFLX vs PYFRX | |
| BNY Mellon Floating Rate Income Fund | 1.36% | — | Sep 2013 | DDFLX vs DFLYX | |
| Shenkman Capital Floating Rate High Income Fund | 1.67% | — | Oct 2014 | DDFLX vs SFHIX | |
| Donoghue Forlines Risk Managed Income Fund | 1.68% | — | Dec 2017 | DDFLX vs FLOTX |
Lowest Drawdown Alternatives to DDFLX
DDFLX has a 1-year max drawdown of -1.11%. There are 12 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 | DDFLX vs RCRIX | |
| Virtus Seix Floating Rate High Income Fund | -0.78% | — | Feb 2006 | DDFLX vs SAMBX | |
| PGIM Floating Rate Income Fund | -0.85% | — | Mar 2011 | DDFLX vs FRFZX | |
| Calvert Floating-Rate Advantage Fund | -0.88% | — | Oct 2017 | DDFLX vs CFOIX | |
| Virtus Newfleet Senior Floating Rate Fund | -0.88% | — | Jan 2008 | DDFLX vs PSFIX |
Other Mutual Funds from Delaware Funds by Macquarie
The 8 most viewed Delaware Funds by Macquarie mutual funds shown here include DLHIX, IPOAX, IBNAX and span 7 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Delaware Healthcare Fund | Health & Biotech Equities | 39 | -0.04% | — | Sep 2007 | DDFLX vs DLHIX | |
| Delaware Ivy Systematic Emerging Markets Equity Fu... | Emerging Markets Diversified | 73 | 28.64% | — | Oct 1993 | DDFLX vs IPOAX | |
| Delaware Ivy Balanced Fund | Diversified Portfolio | 39 | 6.36% | — | Nov 1987 | DDFLX vs IBNAX | |
| Delaware Minnesota High-Yield Municipal Bond Fund | Municipal Bonds | 71 | 2.71% | — | Jun 1996 | DDFLX vs DVMHX | |
| Delaware Strategic Income Fund | Multisector Bonds | 72 | 0.79% | — | Aug 1985 | DDFLX vs DEGGX | |
| Delaware Ivy Global Growth Fund | Global Equities | 29 | 9.37% | — | Apr 1986 | DDFLX vs IVINX | |
| Delaware Tax-Free Minnesota Fund | Municipal Bonds | 68 | 2.18% | — | Feb 1984 | DDFLX vs DEFFX | |
| Delaware Extended Duration Bond Fund | Long-Term Bond | 12 | 0.93% | — | Sep 1998 | DDFLX vs DEEIX |
Often Compared With DDFLX
Investors most often compare DDFLX with WLGAX, VMRXX, DFRTX. These 20 comparison targets span 4 categories, based on PortfoliosLab usage data.
Compare DDFLX with Any Fund or Stock
Compare DDFLX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair DDFLX with funds that move differently
Delaware Floating Rate Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to DDFLX.
Explore DDFLX Diversifiers