Donoghue Forlines Risk Managed Income Fund (FLOTX) 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 FLOTX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to FLOTX
FLOTX charges 1.07% annually. There are 47 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 | FLOTX vs XPTFX | |
| Eaton Vance Floating-Rate Advantage Fund | 0.47% | — | Mar 2008 | FLOTX vs EIFAX | |
| Shenkman Capital Floating Rate High Income Fund | 0.54% | — | Oct 2014 | FLOTX vs SFHIX | |
| T. Rowe Price Institutional Floating Rate Fund | 0.57% | — | Jan 2008 | FLOTX vs RPIFX | |
| Lord Abbett Floating Rate Fund | 0.60% | — | Dec 2007 | FLOTX vs LFRIX |
Best Risk-Adjusted Alternatives to FLOTX
FLOTX has a PortfoliosLab risk / return rank of 35. There are 47 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 | FLOTX vs RCRIX | |
| Calamos Aksia Alternative Credit and Income Fund C... | 99 | — | Jun 2023 | FLOTX vs CAPIX | |
| Payden Floating Rate Fund | 98 | — | Nov 2013 | FLOTX vs PYFRX | |
| Virtus Seix Floating Rate High Income Fund | 97 | — | Feb 2006 | FLOTX vs SAMBX | |
| PGIM Floating Rate Income Fund | 96 | — | Mar 2011 | FLOTX vs FRFZX |
Top Performing FLOTX Alternatives (YTD)
FLOTX is at -0.16% YTD. There are 56 mutual funds in the Bank Loan category with higher YTD returns, going as high as 3.74%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Victory Floating Rate Fund | 3.74% | — | Dec 2009 | FLOTX vs RSFYX | |
| Federated Hermes Project and Trade Finance Tender ... | 3.54% | — | Jan 2017 | FLOTX vs XPTFX | |
| Virtus Seix Floating Rate High Income Fund | 3.03% | — | Feb 2006 | FLOTX vs SAMBX | |
| Credit Suisse Floating Rate High Income Fund | 3.03% | — | Mar 1999 | FLOTX vs CHIAX | |
| Calamos Aksia Alternative Credit and Income Fund C... | 2.87% | — | Jun 2023 | FLOTX vs CAPIX |
Lowest Volatility Alternatives to FLOTX
FLOTX has 1.67% 1-year volatility. There are 3 mutual funds in the Bank Loan category with lower 1-year volatility, going as low as 0.76%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| RiverPark Floating Rate CMBS Fund | 0.76% | — | Sep 2016 | FLOTX vs RCRIX | |
| Payden Floating Rate Fund | 1.25% | — | Nov 2013 | FLOTX vs PYFRX | |
| BNY Mellon Floating Rate Income Fund | 1.35% | — | Sep 2013 | FLOTX vs DFLYX | |
| Dunham Floating Rate Bond Fund | 1.67% | — | Oct 2013 | FLOTX vs DAFRX | |
| Shenkman Capital Floating Rate High Income Fund | 1.69% | — | Oct 2014 | FLOTX vs SFHIX |
Lowest Drawdown Alternatives to FLOTX
FLOTX has a 1-year max drawdown of -2.36%. There are 52 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 | FLOTX vs RCRIX | |
| Virtus Seix Floating Rate High Income Fund | -0.78% | — | Feb 2006 | FLOTX vs SAMBX | |
| PGIM Floating Rate Income Fund | -0.85% | — | Mar 2011 | FLOTX vs FRFZX | |
| Virtus Newfleet Senior Floating Rate Fund | -0.88% | — | Jan 2008 | FLOTX vs PSFIX | |
| Calvert Floating-Rate Advantage Fund | -0.88% | — | Oct 2017 | FLOTX vs CFOIX |
Other Mutual Funds from Donoghue Forlines LLC
The 4 most viewed Donoghue Forlines LLC mutual funds shown here include MOJOX, PWRIX, GTAIX and span 2 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Donoghue Forlines Momentum Fund | Tactical Allocation | 92 | 40.75% | — | Dec 2016 | FLOTX vs MOJOX | |
| Donoghue Forlines Tactical Income Fund | Nontraditional Bonds | 17 | 0.30% | — | Sep 2010 | FLOTX vs PWRIX | |
| Donoghue Forlines Tactical Allocation Fund | Tactical Allocation | 91 | 14.74% | — | Apr 2018 | FLOTX vs GTAIX | |
| Donoghue Forlines Dividend Fund | Tactical Allocation | 83 | 15.34% | — | Nov 2013 | FLOTX vs PWDIX |
Often Compared With FLOTX
Investors most often compare FLOTX with FCT, JFIIX, FLARX. These 20 comparison targets span 1 categories, based on PortfoliosLab usage data.
Compare FLOTX with Any Fund or Stock
Compare FLOTX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair FLOTX with funds that move differently
Donoghue Forlines Risk Managed Income Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to FLOTX.
Explore FLOTX Diversifiers