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 96. There are 6 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 | DDFLX vs CCLFX | |
| RiverPark Floating Rate CMBS Fund | 100 | — | Sep 2016 | DDFLX vs RCRIX | |
| Calamos Aksia Alternative Credit and Income Fund C... | 99 | — | Jun 2023 | DDFLX vs CAPIX | |
| Payden Floating Rate Fund | 98 | — | Nov 2013 | DDFLX vs PYFRX | |
| Virtus Seix Floating Rate High Income Fund | 98 | — | Feb 2006 | DDFLX vs SAMBX |
Top Performing DDFLX Alternatives (YTD)
DDFLX is at 2.18% YTD. There are 16 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 | DDFLX vs XPTFX | |
| Cliffwater Corporate Lending Fund Class I Shares | 3.28% | — | Jun 2019 | DDFLX vs CCLFX | |
| BlackRock Floating Rate Income Trust | 3.20% | — | Aug 2004 | DDFLX vs BGT | |
| Calamos Aksia Alternative Credit and Income Fund C... | 3.16% | — | Jun 2023 | DDFLX vs CAPIX | |
| Victory Floating Rate Fund | 2.96% | — | Dec 2009 | DDFLX vs RSFYX |
Lowest Volatility Alternatives to DDFLX
DDFLX has 2.25% 1-year volatility. There are 16 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 | DDFLX vs RCRIX | |
| Cliffwater Corporate Lending Fund Class I Shares | 0.85% | — | Jun 2019 | DDFLX vs CCLFX | |
| Payden Floating Rate Fund | 1.25% | — | Nov 2013 | DDFLX vs PYFRX | |
| BNY Mellon Floating Rate Income Fund | 1.35% | — | Sep 2013 | DDFLX vs DFLYX | |
| Dunham Floating Rate Bond Fund | 1.69% | — | Oct 2013 | DDFLX vs DAFRX |
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 | |
|---|---|---|---|---|---|
| Cliffwater Corporate Lending Fund Class I Shares | -0.19% | — | Jun 2019 | DDFLX vs CCLFX | |
| 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 | |
| Virtus Newfleet Senior Floating Rate Fund | -0.88% | — | Jan 2008 | DDFLX vs PSFIX |
Other Mutual Funds from Delaware Funds
The 10 most viewed Delaware Funds mutual funds shown here include DEMIX, FGINX, WMGAX and span 8 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Delaware Emerging Markets Fund | Emerging Markets Equities | 91 | 68.59% | — | Jun 1996 | DDFLX vs DEMIX | |
| Delaware Growth and Income Fund | Large Cap Value Equities | 98 | 22.97% | — | Oct 1993 | DDFLX vs FGINX | |
| Delaware Ivy Mid Cap Growth Fund | Mid Cap Growth Equities | 2 | -0.26% | — | Jun 2000 | DDFLX vs WMGAX | |
| Delaware Ivy Large Cap Growth Fund | Large Cap Growth Equities | 6 | -0.41% | — | Jun 2000 | DDFLX vs WLGAX | |
| Delaware Small Cap Value Fund | Small Cap Value Equities | 78 | 20.06% | — | Jun 1987 | DDFLX vs DEVLX | |
| Delaware Small Cap Core Fund | Small Cap Blend Equities | 68 | 17.73% | — | Dec 1998 | DDFLX vs DCCIX | |
| Optimum Large Cap Growth Fund | Large Cap Growth Equities | 15 | 1.65% | — | Aug 2003 | DDFLX vs OILGX | |
| Delaware Tax Free USA Fund | Municipal Bonds | 75 | 0.93% | — | Jan 1984 | DDFLX vs DMTFX | |
| Delaware National High-Yield Municipal Bond Fund | High Yield Muni | 72 | 0.95% | — | Sep 1986 | DDFLX vs CXHYX | |
| Delaware Value Fund | Large Cap Value Equities | 41 | 8.81% | — | Sep 1998 | DDFLX vs DDVIX |
Often Compared With DDFLX
Investors most often compare DDFLX with IVINX, VMRXX, DEFFX. These 20 comparison targets span 9 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