Eaton Vance Floating-Rate Advantage Fund (EIFAX) Alternatives
Eaton Vance Floating-Rate Advantage Fund (EIFAX) 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 EIFAX. Use the tables to find lower-cost options, better risk-adjusted returns, or funds that fit a different role in your portfolio.
Cheapest Alternatives to EIFAX
EIFAX charges 0.47% annually. Among mutual funds in the Bank Loan category, these options have the lowest expense ratios among EIFAX alternatives.
| Symbol | Name | Expense Ratio | Inception | |
|---|---|---|---|---|
| Federated Hermes Project and Trade Finance Tender ... | 0.41% | Jan 31, 2017 | EIFAX vs XPTFX | |
| Shenkman Capital Floating Rate High Income Fund | 0.54% | Oct 14, 2014 | EIFAX vs SFHIX | |
| T. Rowe Price Institutional Floating Rate Fund | 0.57% | Jan 30, 2008 | EIFAX vs RPIFX | |
| Lord Abbett Floating Rate Fund | 0.60% | Dec 30, 2007 | EIFAX vs LFRIX | |
| T. Rowe Price Floating Rate Fund Class I | 0.63% | Nov 29, 2016 | EIFAX vs TFAIX |
Best Risk-Adjusted Alternatives to EIFAX
Among mutual funds in the Bank Loan category, these options rank highest on PortfoliosLab's risk-adjusted score, which accounts for volatility, drawdown, and return consistency over a 1-year period.
| Symbol | Name | Risk / Return Rank | Inception | |
|---|---|---|---|---|
| Calamos Aksia Alternative Credit and Income Fund C... | 100 | Jun 8, 2023 | EIFAX vs CAPIX | |
| RiverPark Floating Rate CMBS Fund | 98 | Sep 29, 2016 | EIFAX vs RCRIX | |
| Virtus Seix Floating Rate High Income Fund | 94 | Feb 28, 2006 | EIFAX vs SAMBX | |
| Delaware Floating Rate Fund | 94 | Feb 25, 2010 | EIFAX vs DDFLX | |
| Payden Floating Rate Fund | 94 | Nov 10, 2013 | EIFAX vs PYFRX |
Top Performing EIFAX Alternatives (YTD)
EIFAX alternatives from the Bank Loan category, sorted by year-to-date return.
| Symbol | Name | YTD Return | Inception | |
|---|---|---|---|---|
| Calamos Aksia Alternative Credit and Income Fund C... | 1.80% | Jun 8, 2023 | EIFAX vs CAPIX | |
| Victory Floating Rate Fund | 1.46% | Dec 30, 2009 | EIFAX vs RSFYX | |
| Federated Hermes Project and Trade Finance Tender ... | 1.41% | Jan 31, 2017 | EIFAX vs XPTFX | |
| RiverPark Floating Rate CMBS Fund | 0.88% | Sep 29, 2016 | EIFAX vs RCRIX | |
| DWS Floating Rate Fund | 0.51% | Jun 28, 2007 | EIFAX vs DFRTX |
Lowest Volatility Alternatives to EIFAX
EIFAX alternatives from the Bank Loan category, sorted by annualized volatility over the past year.
| Symbol | Name | Volatility 1Y | Inception | |
|---|---|---|---|---|
| Calamos Aksia Alternative Credit and Income Fund C... | 1.21% | Jun 8, 2023 | EIFAX vs CAPIX | |
| RiverPark Floating Rate CMBS Fund | 1.54% | Sep 29, 2016 | EIFAX vs RCRIX | |
| BNY Mellon Floating Rate Income Fund | 1.99% | Sep 26, 2013 | EIFAX vs DFLYX | |
| Payden Floating Rate Fund | 2.04% | Nov 10, 2013 | EIFAX vs PYFRX | |
| Shenkman Capital Floating Rate High Income Fund | 2.16% | Oct 14, 2014 | EIFAX vs SFHIX |
Lowest Drawdown Alternatives to EIFAX
EIFAX alternatives from the Bank Loan category, sorted by maximum drawdown over the past year.
| Symbol | Name | Max Drawdown 1Y | Inception | |
|---|---|---|---|---|
| Calamos Aksia Alternative Credit and Income Fund C... | -0.37% | Jun 8, 2023 | EIFAX vs CAPIX | |
| Federated Hermes Floating Rate Strat Inc Fund | -1.40% | Dec 2, 2010 | EIFAX vs FFRSX | |
| Pioneer Floating Rate Fund | -1.64% | Feb 13, 2007 | EIFAX vs FLYRX | |
| Delaware Floating Rate Fund | -1.65% | Feb 25, 2010 | EIFAX vs DDFLX | |
| BNY Mellon Floating Rate Income Fund | -1.73% | Sep 26, 2013 | EIFAX vs DFLYX |
Other Mutual Funds from Eaton Vance
Most popular Eaton Vance mutual funds on PortfoliosLab, across asset classes.
Often Compared With EIFAX
What investors most often compare with EIFAX, based on PortfoliosLab usage data.
Compare EIFAX with Any Fund or Stock
Compare EIFAX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.