Victory Pioneer Floating Rate Fund Class A (FLARX) 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 FLARX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to FLARX
FLARX charges 1.08% annually. There are 50 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 | FLARX vs XPTFX | |
| Eaton Vance Floating-Rate Advantage Fund | 0.47% | — | Mar 2008 | FLARX vs EIFAX | |
| Shenkman Capital Floating Rate High Income Fund | 0.54% | — | Oct 2014 | FLARX vs SFHIX | |
| T. Rowe Price Institutional Floating Rate Fund | 0.57% | — | Jan 2008 | FLARX vs RPIFX | |
| Lord Abbett Floating Rate Fund | 0.60% | — | Dec 2007 | FLARX vs LFRIX |
Best Risk-Adjusted Alternatives to FLARX
FLARX has a PortfoliosLab risk / return rank of 81. There are 24 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 | FLARX vs RCRIX | |
| Calamos Aksia Alternative Credit and Income Fund C... | 98 | — | Jun 2023 | FLARX vs CAPIX | |
| Payden Floating Rate Fund | 98 | — | Nov 2013 | FLARX vs PYFRX | |
| Virtus Seix Floating Rate High Income Fund | 97 | — | Feb 2006 | FLARX vs SAMBX | |
| PGIM Floating Rate Income Fund | 96 | — | Mar 2011 | FLARX vs FRFZX |
Top Performing FLARX Alternatives (YTD)
FLARX is at 1.61% YTD. There are 14 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 | FLARX vs RSFYX | |
| Federated Hermes Project and Trade Finance Tender ... | 3.23% | — | Jan 2017 | FLARX vs XPTFX | |
| Virtus Seix Floating Rate High Income Fund | 2.55% | — | Feb 2006 | FLARX vs SAMBX | |
| Calamos Aksia Alternative Credit and Income Fund C... | 2.38% | — | Jun 2023 | FLARX vs CAPIX | |
| PGIM Floating Rate Income Fund | 2.29% | — | Mar 2011 | FLARX vs FRFZX |
Lowest Volatility Alternatives to FLARX
FLARX has 2.46% 1-year volatility. There are 31 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 | FLARX vs RCRIX | |
| Payden Floating Rate Fund | 1.24% | — | Nov 2013 | FLARX vs PYFRX | |
| BNY Mellon Floating Rate Income Fund | 1.36% | — | Sep 2013 | FLARX vs DFLYX | |
| Shenkman Capital Floating Rate High Income Fund | 1.67% | — | Oct 2014 | FLARX vs SFHIX | |
| Donoghue Forlines Risk Managed Income Fund | 1.68% | — | Dec 2017 | FLARX vs FLOTX |
Lowest Drawdown Alternatives to FLARX
FLARX has a 1-year max drawdown of -1.04%. There are 9 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 | FLARX vs RCRIX | |
| Virtus Seix Floating Rate High Income Fund | -0.78% | — | Feb 2006 | FLARX vs SAMBX | |
| PGIM Floating Rate Income Fund | -0.85% | — | Mar 2011 | FLARX vs FRFZX | |
| Calvert Floating-Rate Advantage Fund | -0.88% | — | Oct 2017 | FLARX vs CFOIX | |
| Virtus Newfleet Senior Floating Rate Fund | -0.88% | — | Jan 2008 | FLARX vs PSFIX |
Other Mutual Funds from Victory Capital
The 5 most viewed Victory Capital mutual funds shown here include VETAX, VEVIX, SIFFX and span 6 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Victory Sycamore Established Value Fund Class A | Mid Cap Value Equities | 31 | 11.61% | — | May 2000 | FLARX vs VETAX | |
| Victory Sycamore Established Value Fund Class I | Mid Cap Value Equities | 32 | 11.78% | — | Mar 2010 | FLARX vs VEVIX | |
| Victory Pioneer Securitized Income Fund Class A | Nontraditional Bonds | 73 | 1.72% | — | Jul 2021 | FLARX vs SIFFX | |
| Victory Pioneer Global Equity Fund Class R6 | Global Equities, Large Cap Value Equities, Sustainable | 85 | 15.04% | — | Dec 2014 | FLARX vs PGEKX | |
| Victory Pioneer Multi-Asset Ultrashort Income Fund... | Ultrashort Bond | 99 | 1.57% | — | Apr 2011 | FLARX vs MAFRX |
Often Compared With FLARX
Investors most often compare FLARX with OOSAX, FCT, DDFLX. These 9 comparison targets span 1 categories, based on PortfoliosLab usage data.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Invesco Senior Floating Rate Fund | Bank Loan | 9 | -0.83% | — | Sep 1999 | FLARX vs OOSAX | |
| First Trust Senior Floating Rate Income Fund II | Bank Loan | 22 | 1.16% | — | Jan 2013 | FLARX vs FCT | |
| Delaware Floating Rate Fund | Bank Loan | 95 | 1.63% | — | Feb 2010 | FLARX vs DDFLX | |
| Pacific Funds Floating Rate Income | Bank Loan | 82 | 0.99% | — | Jun 2011 | FLARX vs PLFRX | |
| BlackRock Floating Rate Income Trust | Bank Loan | 2 | 0.26% | — | Aug 2004 | FLARX vs BGT | |
| Federated Hermes Floating Rate Strat Inc Fund | Bank Loan | 87 | 0.90% | — | Dec 2010 | FLARX vs FFRSX | |
| DWS Floating Rate Fund | Bank Loan | — | — | — | Jun 2007 | FLARX vs DFRTX | |
| Pioneer Floating Rate Fund | Bank Loan | 86 | 1.75% | — | Feb 2007 | FLARX vs FLYRX | |
| DWS Floating Rate Fund Class S | Bank Loan | — | — | — | Jun 2007 | FLARX vs DFRPX |
Compare FLARX with Any Fund or Stock
Compare FLARX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair FLARX with funds that move differently
Victory Pioneer Floating Rate Fund Class A alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to FLARX.
Explore FLARX Diversifiers