BNY Mellon Floating Rate Income Fund (DFLYX) 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 DFLYX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to DFLYX
DFLYX charges 0.73% annually. There are 17 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 | DFLYX vs XPTFX | |
| Eaton Vance Floating-Rate Advantage Fund | 0.47% | — | Mar 2008 | DFLYX vs EIFAX | |
| Shenkman Capital Floating Rate High Income Fund | 0.54% | — | Oct 2014 | DFLYX vs SFHIX | |
| T. Rowe Price Institutional Floating Rate Fund | 0.57% | — | Jan 2008 | DFLYX vs RPIFX | |
| Lord Abbett Floating Rate Fund | 0.60% | — | Dec 2007 | DFLYX vs LFRIX |
Best Risk-Adjusted Alternatives to DFLYX
DFLYX has a PortfoliosLab risk / return rank of 81. There are 23 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 | DFLYX vs RCRIX | |
| Payden Floating Rate Fund | 98 | — | Nov 2013 | DFLYX vs PYFRX | |
| Calamos Aksia Alternative Credit and Income Fund C... | 98 | — | Jun 2023 | DFLYX vs CAPIX | |
| Virtus Seix Floating Rate High Income Fund | 97 | — | Feb 2006 | DFLYX vs SAMBX | |
| PGIM Floating Rate Income Fund | 96 | — | Mar 2011 | DFLYX vs FRFZX |
Top Performing DFLYX Alternatives (YTD)
DFLYX is at 1.90% YTD. There are 8 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 | DFLYX vs RSFYX | |
| Federated Hermes Project and Trade Finance Tender ... | 3.23% | — | Jan 2017 | DFLYX vs XPTFX | |
| Virtus Seix Floating Rate High Income Fund | 2.42% | — | Feb 2006 | DFLYX vs SAMBX | |
| Calamos Aksia Alternative Credit and Income Fund C... | 2.38% | — | Jun 2023 | DFLYX vs CAPIX | |
| PGIM Floating Rate Income Fund | 2.29% | — | Mar 2011 | DFLYX vs FRFZX |
Lowest Volatility Alternatives to DFLYX
DFLYX has 1.36% 1-year volatility. There are 2 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 | DFLYX vs RCRIX | |
| Payden Floating Rate Fund | 1.24% | — | Nov 2013 | DFLYX vs PYFRX | |
| Shenkman Capital Floating Rate High Income Fund | 1.67% | — | Oct 2014 | DFLYX vs SFHIX | |
| Donoghue Forlines Risk Managed Income Fund | 1.68% | — | Dec 2017 | DFLYX vs FLOTX | |
| Dunham Floating Rate Bond Fund | 1.69% | — | Oct 2013 | DFLYX vs DAFRX |
Lowest Drawdown Alternatives to DFLYX
DFLYX has a 1-year max drawdown of -1.71%. There are 32 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 | DFLYX vs RCRIX | |
| Virtus Seix Floating Rate High Income Fund | -0.78% | — | Feb 2006 | DFLYX vs SAMBX | |
| PGIM Floating Rate Income Fund | -0.85% | — | Mar 2011 | DFLYX vs FRFZX | |
| Calvert Floating-Rate Advantage Fund | -0.88% | — | Oct 2017 | DFLYX vs CFOIX | |
| Virtus Newfleet Senior Floating Rate Fund | -0.88% | — | Jan 2008 | DFLYX vs PSFIX |
Other Mutual Funds from Dreyfus
The 10 most viewed Dreyfus mutual funds shown here include DQIRX, DISRX, DQEIX and span 7 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| BNY Mellon Equity Income Fund | Large Cap Value Equities | 89 | 13.11% | — | Jul 2006 | DFLYX vs DQIRX | |
| BNY Mellon International Stock Fund | Foreign Large Cap Equities | 7 | 4.52% | — | Dec 2006 | DFLYX vs DISRX | |
| BNY Mellon Global Equity Income Fund | Global Equities | 62 | 11.28% | — | Oct 2007 | DFLYX vs DQEIX | |
| BNY Mellon Global Real Estate Securities Fund | REIT | 19 | 10.21% | — | Dec 2006 | DFLYX vs DRLIX | |
| BNY Mellon International Equity Fund | Foreign Large Cap Equities | 32 | 8.55% | — | Dec 2005 | DFLYX vs SNIEX | |
| BNY Mellon International Bond Fund | Global Bonds | 2 | -1.72% | — | Dec 2005 | DFLYX vs DIBRX | |
| BNY Mellon Natural Resources Fund | Energy Equities | 62 | 18.52% | — | Oct 2003 | DFLYX vs DLDRX | |
| BNY Mellon Small/Mid Cap Growth Fund | Mid Cap Growth Equities | 16 | 12.55% | — | Jan 1988 | DFLYX vs SDSCX | |
| BNY Mellon Global Stock Fund | Global Equities | 7 | 1.05% | — | Dec 2006 | DFLYX vs DGLRX | |
| BNY Mellon Global Fixed Income Fund | Global Bonds | 15 | 0.54% | — | Dec 1993 | DFLYX vs SDGIX |
Often Compared With DFLYX
Investors most often compare DFLYX with CFRIX, ENIAX, JBBB. These 20 comparison targets span 4 categories, based on PortfoliosLab usage data.
Compare DFLYX with Any Fund or Stock
Compare DFLYX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair DFLYX with funds that move differently
BNY Mellon Floating Rate Income Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to DFLYX.
Explore DFLYX Diversifiers