Franklin Floating Rate Daily Access Fund (FDAAX) Alternatives
Franklin Floating Rate Daily Access Fund (FDAAX) 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 FDAAX. 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 FDAAX
FDAAX charges 0.67% annually. Among mutual funds in the Bank Loan category, these options have the lowest expense ratios among FDAAX alternatives.
| Symbol | Name | Expense Ratio | Inception | |
|---|---|---|---|---|
| Federated Hermes Project and Trade Finance Tender ... | 0.41% | Jan 31, 2017 | FDAAX vs XPTFX | |
| Eaton Vance Floating-Rate Advantage Fund | 0.47% | Mar 16, 2008 | FDAAX vs EIFAX | |
| Shenkman Capital Floating Rate High Income Fund | 0.54% | Oct 14, 2014 | FDAAX vs SFHIX | |
| T. Rowe Price Institutional Floating Rate Fund | 0.57% | Jan 30, 2008 | FDAAX vs RPIFX | |
| Lord Abbett Floating Rate Fund | 0.60% | Dec 30, 2007 | FDAAX vs LFRIX |
Best Risk-Adjusted Alternatives to FDAAX
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 | FDAAX vs CAPIX | |
| RiverPark Floating Rate CMBS Fund | 98 | Sep 29, 2016 | FDAAX vs RCRIX | |
| Virtus Seix Floating Rate High Income Fund | 94 | Feb 28, 2006 | FDAAX vs SAMBX | |
| Delaware Floating Rate Fund | 94 | Feb 25, 2010 | FDAAX vs DDFLX | |
| Payden Floating Rate Fund | 94 | Nov 10, 2013 | FDAAX vs PYFRX |
Top Performing FDAAX Alternatives (YTD)
FDAAX 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 | FDAAX vs CAPIX | |
| Victory Floating Rate Fund | 1.46% | Dec 30, 2009 | FDAAX vs RSFYX | |
| Federated Hermes Project and Trade Finance Tender ... | 1.41% | Jan 31, 2017 | FDAAX vs XPTFX | |
| RiverPark Floating Rate CMBS Fund | 0.88% | Sep 29, 2016 | FDAAX vs RCRIX | |
| DWS Floating Rate Fund | 0.51% | Jun 28, 2007 | FDAAX vs DFRTX |
Lowest Volatility Alternatives to FDAAX
FDAAX 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 | FDAAX vs CAPIX | |
| RiverPark Floating Rate CMBS Fund | 1.54% | Sep 29, 2016 | FDAAX vs RCRIX | |
| BNY Mellon Floating Rate Income Fund | 1.99% | Sep 26, 2013 | FDAAX vs DFLYX | |
| Payden Floating Rate Fund | 2.04% | Nov 10, 2013 | FDAAX vs PYFRX | |
| Shenkman Capital Floating Rate High Income Fund | 2.16% | Oct 14, 2014 | FDAAX vs SFHIX |
Lowest Drawdown Alternatives to FDAAX
FDAAX 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 | FDAAX vs CAPIX | |
| Federated Hermes Floating Rate Strat Inc Fund | -1.40% | Dec 2, 2010 | FDAAX vs FFRSX | |
| Pioneer Floating Rate Fund | -1.64% | Feb 13, 2007 | FDAAX vs FLYRX | |
| Delaware Floating Rate Fund | -1.65% | Feb 25, 2010 | FDAAX vs DDFLX | |
| BNY Mellon Floating Rate Income Fund | -1.73% | Sep 26, 2013 | FDAAX 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 | FDAAX vs FKDNX | |
| Franklin Gold and Precious Metals Fund | Precious Metals | 94 | -2.21% | May 18, 1969 | FDAAX vs FKRCX | |
| Franklin Income Fund Class A1 | Diversified Portfolio | 82 | 2.15% | — | FDAAX vs FKINX | |
| Franklin Growth Fund | Large Cap Growth Equities | 30 | -8.53% | Apr 1, 1948 | FDAAX vs FKGRX | |
| Franklin Rising Dividends Fund | Large Cap Blend Equities | 28 | -4.58% | Jan 14, 1987 | FDAAX vs FRDPX | |
| ClearBridge Energy Midstream Opportunity Fund | MLPs, Energy Equities | 42 | 20.88% | Jun 10, 2011 | FDAAX vs EMO | |
| ClearBridge Large Cap Growth Fund | Large Cap Growth Equities | 7 | -12.79% | Aug 29, 1997 | FDAAX vs SBLGX | |
| ClearBridge Aggressive Growth Fund | Large Cap Blend Equities | 18 | -10.22% | Oct 24, 1983 | FDAAX vs SHRAX | |
| Franklin Income Fund Advisor Class | Diversified Portfolio | 86 | 2.21% | Aug 28, 1997 | FDAAX vs FRIAX | |
| ClearBridge Appreciation Fund | Large Cap Blend Equities | 35 | -6.24% | Mar 10, 1970 | FDAAX vs SHAPX |
Often Compared With FDAAX
What investors most often compare with FDAAX, based on PortfoliosLab usage data.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | Inception | |
|---|---|---|---|---|---|---|
| Fidelity Advisor Floating Rate High Income Fund Cl... | High Yield Bonds | 82 | -0.73% | Aug 16, 2000 | FDAAX vs FFRIX | |
| Fidelity Floating Rate High Income Fund | High Yield Bonds | 84 | -0.61% | Aug 16, 2000 | FDAAX vs FFRHX | |
| Fidelity Series Floating Rate High Income Fund | High Yield Bonds | 89 | -0.54% | Oct 20, 2011 | FDAAX vs FFHCX | |
| Vanguard Russell 1000 ETF | Large Cap Blend Equities | 64 | -4.22% | Sep 20, 2010 | FDAAX vs VONE | |
| Vanguard Tax-Exempt Bond ETF | Municipal Bonds | 54 | -0.23% | Aug 21, 2015 | FDAAX vs VTEB | |
| Janus Henderson Short Duration Income ETF | Ultrashort Bond | 99 | 0.59% | Nov 16, 2016 | FDAAX vs VNLA | |
| SPDR Portfolio High Yield Bond ETF | High Yield Bonds | 79 | -0.32% | Jun 18, 2012 | FDAAX vs SPHY | |
| Pacific Funds Floating Rate Income | Bank Loan | 93 | -1.34% | Jun 29, 2011 | FDAAX vs PLFRX |
Compare FDAAX with Any Fund or Stock
Compare FDAAX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.