Federated Hermes Floating Rate Strat Inc Fund (FFRSX) Alternatives
Federated Hermes Floating Rate Strat Inc Fund (FFRSX) 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 FFRSX. 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 FFRSX
FFRSX charges 0.68% annually. Among mutual funds in the Bank Loan category, these options have the lowest expense ratios among FFRSX alternatives.
| Symbol | Name | Expense Ratio | Inception | |
|---|---|---|---|---|
| Federated Hermes Project and Trade Finance Tender ... | 0.41% | Jan 31, 2017 | FFRSX vs XPTFX | |
| Eaton Vance Floating-Rate Advantage Fund | 0.47% | Mar 16, 2008 | FFRSX vs EIFAX | |
| Shenkman Capital Floating Rate High Income Fund | 0.54% | Oct 14, 2014 | FFRSX vs SFHIX | |
| T. Rowe Price Institutional Floating Rate Fund | 0.57% | Jan 30, 2008 | FFRSX vs RPIFX | |
| Lord Abbett Floating Rate Fund | 0.60% | Dec 30, 2007 | FFRSX vs LFRIX |
Best Risk-Adjusted Alternatives to FFRSX
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 | FFRSX vs CAPIX | |
| RiverPark Floating Rate CMBS Fund | 98 | Sep 29, 2016 | FFRSX vs RCRIX | |
| Virtus Seix Floating Rate High Income Fund | 94 | Feb 28, 2006 | FFRSX vs SAMBX | |
| Delaware Floating Rate Fund | 94 | Feb 25, 2010 | FFRSX vs DDFLX | |
| Payden Floating Rate Fund | 94 | Nov 10, 2013 | FFRSX vs PYFRX |
Top Performing FFRSX Alternatives (YTD)
FFRSX 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 | FFRSX vs CAPIX | |
| Victory Floating Rate Fund | 1.46% | Dec 30, 2009 | FFRSX vs RSFYX | |
| Federated Hermes Project and Trade Finance Tender ... | 1.41% | Jan 31, 2017 | FFRSX vs XPTFX | |
| RiverPark Floating Rate CMBS Fund | 0.88% | Sep 29, 2016 | FFRSX vs RCRIX | |
| DWS Floating Rate Fund | 0.51% | Jun 28, 2007 | FFRSX vs DFRTX |
Lowest Volatility Alternatives to FFRSX
FFRSX 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 | FFRSX vs CAPIX | |
| RiverPark Floating Rate CMBS Fund | 1.54% | Sep 29, 2016 | FFRSX vs RCRIX | |
| BNY Mellon Floating Rate Income Fund | 1.99% | Sep 26, 2013 | FFRSX vs DFLYX | |
| Payden Floating Rate Fund | 2.04% | Nov 10, 2013 | FFRSX vs PYFRX | |
| Shenkman Capital Floating Rate High Income Fund | 2.16% | Oct 14, 2014 | FFRSX vs SFHIX |
Lowest Drawdown Alternatives to FFRSX
FFRSX 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 | FFRSX vs CAPIX | |
| Pioneer Floating Rate Fund | -1.64% | Feb 13, 2007 | FFRSX vs FLYRX | |
| Delaware Floating Rate Fund | -1.65% | Feb 25, 2010 | FFRSX vs DDFLX | |
| BNY Mellon Floating Rate Income Fund | -1.73% | Sep 26, 2013 | FFRSX vs DFLYX | |
| Pacific Funds Floating Rate Income | -1.82% | Jun 29, 2011 | FFRSX vs PLFRX |
Other Mutual Funds from Federated
Most popular Federated mutual funds on PortfoliosLab, across asset classes.
Often Compared With FFRSX
What investors most often compare with FFRSX, based on PortfoliosLab usage data.
Compare FFRSX with Any Fund or Stock
Compare FFRSX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.