Franklin Floating Rate Daily Access Fund Class A (FAFRX) Alternatives
Franklin Floating Rate Daily Access Fund Class A (FAFRX) 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 FAFRX. 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 FAFRX
FAFRX charges 0.95% annually. Among mutual funds in the Bank Loan category, these options have the lowest expense ratios among FAFRX alternatives.
| Symbol | Name | Expense Ratio | Inception | |
|---|---|---|---|---|
| Federated Hermes Project and Trade Finance Tender ... | 0.41% | Jan 31, 2017 | FAFRX vs XPTFX | |
| Eaton Vance Floating-Rate Advantage Fund | 0.47% | Mar 16, 2008 | FAFRX vs EIFAX | |
| Shenkman Capital Floating Rate High Income Fund | 0.54% | Oct 14, 2014 | FAFRX vs SFHIX | |
| T. Rowe Price Institutional Floating Rate Fund | 0.57% | Jan 30, 2008 | FAFRX vs RPIFX | |
| Lord Abbett Floating Rate Fund | 0.60% | Dec 30, 2007 | FAFRX vs LFRIX |
Best Risk-Adjusted Alternatives to FAFRX
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 | FAFRX vs CAPIX | |
| RiverPark Floating Rate CMBS Fund | 98 | Sep 29, 2016 | FAFRX vs RCRIX | |
| Virtus Seix Floating Rate High Income Fund | 94 | Feb 28, 2006 | FAFRX vs SAMBX | |
| Delaware Floating Rate Fund | 94 | Feb 25, 2010 | FAFRX vs DDFLX | |
| Payden Floating Rate Fund | 94 | Nov 10, 2013 | FAFRX vs PYFRX |
Top Performing FAFRX Alternatives (YTD)
FAFRX 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 | FAFRX vs CAPIX | |
| Victory Floating Rate Fund | 1.46% | Dec 30, 2009 | FAFRX vs RSFYX | |
| Federated Hermes Project and Trade Finance Tender ... | 1.41% | Jan 31, 2017 | FAFRX vs XPTFX | |
| RiverPark Floating Rate CMBS Fund | 0.88% | Sep 29, 2016 | FAFRX vs RCRIX | |
| DWS Floating Rate Fund | 0.51% | Jun 28, 2007 | FAFRX vs DFRTX |
Lowest Volatility Alternatives to FAFRX
FAFRX 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 | FAFRX vs CAPIX | |
| RiverPark Floating Rate CMBS Fund | 1.54% | Sep 29, 2016 | FAFRX vs RCRIX | |
| BNY Mellon Floating Rate Income Fund | 1.99% | Sep 26, 2013 | FAFRX vs DFLYX | |
| Payden Floating Rate Fund | 2.04% | Nov 10, 2013 | FAFRX vs PYFRX | |
| Shenkman Capital Floating Rate High Income Fund | 2.16% | Oct 14, 2014 | FAFRX vs SFHIX |
Lowest Drawdown Alternatives to FAFRX
FAFRX 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 | FAFRX vs CAPIX | |
| Federated Hermes Floating Rate Strat Inc Fund | -1.40% | Dec 2, 2010 | FAFRX vs FFRSX | |
| Pioneer Floating Rate Fund | -1.64% | Feb 13, 2007 | FAFRX vs FLYRX | |
| Delaware Floating Rate Fund | -1.65% | Feb 25, 2010 | FAFRX vs DDFLX | |
| BNY Mellon Floating Rate Income Fund | -1.73% | Sep 26, 2013 | FAFRX vs DFLYX |
Other Mutual Funds from Franklin Templeton
Most popular Franklin Templeton mutual funds on PortfoliosLab, across asset classes.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | Inception | |
|---|---|---|---|---|---|---|
| Franklin DynaTech Fund | Large Cap Growth Equities | 21 | -15.24% | Jan 2, 1968 | FAFRX vs FKDNX | |
| Franklin Gold and Precious Metals Fund | Precious Metals | 94 | -2.21% | May 18, 1969 | FAFRX vs FKRCX | |
| Franklin Income Fund Class A1 | Diversified Portfolio | 82 | 2.15% | — | FAFRX vs FKINX | |
| Franklin Growth Fund | Large Cap Growth Equities | 30 | -8.53% | Apr 1, 1948 | FAFRX vs FKGRX | |
| Franklin Rising Dividends Fund | Large Cap Blend Equities | 28 | -4.58% | Jan 14, 1987 | FAFRX vs FRDPX | |
| ClearBridge Energy Midstream Opportunity Fund | MLPs, Energy Equities | 42 | 20.88% | Jun 10, 2011 | FAFRX vs EMO | |
| ClearBridge Large Cap Growth Fund | Large Cap Growth Equities | 7 | -12.79% | Aug 29, 1997 | FAFRX vs SBLGX | |
| ClearBridge Aggressive Growth Fund | Large Cap Blend Equities | 18 | -10.22% | Oct 24, 1983 | FAFRX vs SHRAX | |
| Franklin Income Fund Advisor Class | Diversified Portfolio | 86 | 2.21% | Aug 28, 1997 | FAFRX vs FRIAX | |
| ClearBridge Appreciation Fund | Large Cap Blend Equities | 35 | -6.24% | Mar 10, 1970 | FAFRX vs SHAPX |
Often Compared With FAFRX
What investors most often compare with FAFRX, based on PortfoliosLab usage data.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | Inception | |
|---|---|---|---|---|---|---|
| Schwab High Yield Bond ETF | High Yield Bonds | 74 | -0.47% | Jul 10, 2023 | FAFRX vs SCYB | |
| FT Cboe Vest S&P 500 Dividend Aristocrats Target I... | Dividend, S&P 500 | 25 | 1.24% | Mar 26, 2018 | FAFRX vs KNG | |
| BlackRock Science and Technology Trust II | 88 | 0.13% | — | FAFRX vs BSTZ | ||
| Lord Abbett Short Duration High Yield Fund | High Yield Bonds | 70 | -1.81% | May 1, 2020 | FAFRX vs LSYAX | |
| WisdomTree Equity Premium Income Fund | Derivative Income | 71 | -1.66% | Feb 24, 2016 | FAFRX vs WTPI |
Compare FAFRX with Any Fund or Stock
Compare FAFRX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.