GFRIX Alternatives & Similar Mutual Funds

Goldman Sachs High Yield Floating Rate Fund (GFRIX) 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 GFRIX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.

Cheapest Alternatives to GFRIX

GFRIX charges 0.75% annually. There are 20 mutual funds in the Bank Loan category with lower expense ratios, going as low as 0.41%.

Symbol	Name	Expense Ratio	AUM	Inception
XPTFX	Federated Hermes Project and Trade Finance Tender ...	0.41%	—	Jan 2017	GFRIX vs XPTFX
EIFAX	Eaton Vance Floating-Rate Advantage Fund	0.47%	—	Mar 2008	GFRIX vs EIFAX
SFHIX	Shenkman Capital Floating Rate High Income Fund	0.54%	—	Oct 2014	GFRIX vs SFHIX
RPIFX	T. Rowe Price Institutional Floating Rate Fund	0.57%	—	Jan 2008	GFRIX vs RPIFX
LFRIX	Lord Abbett Floating Rate Fund	0.60%	—	Dec 2007	GFRIX vs LFRIX

Best Risk-Adjusted Alternatives to GFRIX

GFRIX has a PortfoliosLab risk / return rank of 55. There are 36 mutual funds in the Bank Loan category with higher risk-adjusted ranks, going as high as 100.

Symbol	Name	Risk / Return Rank	AUM	Inception
RCRIX	RiverPark Floating Rate CMBS Fund	100	—	Sep 2016	GFRIX vs RCRIX
CAPIX	Calamos Aksia Alternative Credit and Income Fund C...	98	—	Jun 2023	GFRIX vs CAPIX
PYFRX	Payden Floating Rate Fund	98	—	Nov 2013	GFRIX vs PYFRX
SAMBX	Virtus Seix Floating Rate High Income Fund	97	—	Feb 2006	GFRIX vs SAMBX
FRFZX	PGIM Floating Rate Income Fund	96	—	Mar 2011	GFRIX vs FRFZX

Top Performing GFRIX Alternatives (YTD)

GFRIX is at 0.93% YTD. There are 33 mutual funds in the Bank Loan category with higher YTD returns, going as high as 3.48%.

Symbol	Name	YTD Return	AUM	Inception
RSFYX	Victory Floating Rate Fund	3.48%	—	Dec 2009	GFRIX vs RSFYX
XPTFX	Federated Hermes Project and Trade Finance Tender ...	3.23%	—	Jan 2017	GFRIX vs XPTFX
SAMBX	Virtus Seix Floating Rate High Income Fund	2.55%	—	Feb 2006	GFRIX vs SAMBX
CAPIX	Calamos Aksia Alternative Credit and Income Fund C...	2.38%	—	Jun 2023	GFRIX vs CAPIX
FRFZX	PGIM Floating Rate Income Fund	2.29%	—	Mar 2011	GFRIX vs FRFZX

Lowest Volatility Alternatives to GFRIX

GFRIX has 2.50% 1-year volatility. There are 35 mutual funds in the Bank Loan category with lower 1-year volatility, going as low as 0.77%.

Symbol	Name	Volatility 1Y	AUM	Inception
RCRIX	RiverPark Floating Rate CMBS Fund	0.77%	—	Sep 2016	GFRIX vs RCRIX
PYFRX	Payden Floating Rate Fund	1.24%	—	Nov 2013	GFRIX vs PYFRX
DFLYX	BNY Mellon Floating Rate Income Fund	1.36%	—	Sep 2013	GFRIX vs DFLYX
SFHIX	Shenkman Capital Floating Rate High Income Fund	1.67%	—	Oct 2014	GFRIX vs SFHIX
FLOTX	Donoghue Forlines Risk Managed Income Fund	1.68%	—	Dec 2017	GFRIX vs FLOTX

Lowest Drawdown Alternatives to GFRIX

GFRIX has a 1-year max drawdown of -1.62%. There are 28 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
RCRIX	RiverPark Floating Rate CMBS Fund	-0.19%	—	Sep 2016	GFRIX vs RCRIX
SAMBX	Virtus Seix Floating Rate High Income Fund	-0.78%	—	Feb 2006	GFRIX vs SAMBX
FRFZX	PGIM Floating Rate Income Fund	-0.85%	—	Mar 2011	GFRIX vs FRFZX
CFOIX	Calvert Floating-Rate Advantage Fund	-0.88%	—	Oct 2017	GFRIX vs CFOIX
PSFIX	Virtus Newfleet Senior Floating Rate Fund	-0.88%	—	Jan 2008	GFRIX vs PSFIX

Other Mutual Funds from Goldman Sachs

The 10 most viewed Goldman Sachs mutual funds shown here include GSIMX, GSINX, GCIIX and span 8 categories.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
GSIMX	Goldman Sachs GQG Partners International Opportuni...	Foreign Large Cap Equities	15	3.43%	—	Dec 2016	GFRIX vs GSIMX
GSINX	Goldman Sachs GQG Partners International Opportuni...	Foreign Large Cap Equities	15	3.40%	—	Dec 2016	GFRIX vs GSINX
GCIIX	Goldman Sachs International Equity Insights Fund	Foreign Large Cap Equities	57	13.92%	—	Aug 1997	GFRIX vs GCIIX
GICIX	Goldman Sachs International Small Cap Insights Fun...	Foreign Small & Mid Cap Equities	61	14.59%	—	Sep 2007	GFRIX vs GICIX
GSBFX	Goldman Sachs Income Builder Fund	Diversified Portfolio	77	5.68%	—	Oct 1994	GFRIX vs GSBFX
GCGIX	Goldman Sachs Large Cap Growth Insights Fund	Large Cap Growth Equities	16	1.72%	—	May 1997	GFRIX vs GCGIX
GSPKX	Goldman Sachs U.S. Equity Dividend and Premium Fun...	Large Cap Blend Equities	77	10.12%	—	Aug 2005	GFRIX vs GSPKX
GSIFX	Goldman Sachs International Equity ESG Fund Class ...	Foreign Large Cap Equities, ESG	16	7.76%	—	Dec 1992	GFRIX vs GSIFX
GGSIX	Goldman Sachs Growth Strategy Portfolio	Global Allocation	66	10.13%	—	Jan 1998	GFRIX vs GGSIX
GSRAX	Goldman Sachs Rising Dividend Growth Fund	Large Cap Blend Equities, Dividend	41	11.61%	—	Mar 2004	GFRIX vs GSRAX

Often Compared With GFRIX

Investors most often compare GFRIX with GSSRX, BGT, DSU. These 5 comparison targets span 2 categories, based on PortfoliosLab usage data.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
GSSRX	Goldman Sachs Short Duration Bond Fund	Short-Term Bond	72	0.72%	—	Feb 2012	GFRIX vs GSSRX
BGT	BlackRock Floating Rate Income Trust	Bank Loan	2	0.26%	—	Aug 2004	GFRIX vs BGT
DSU	BlackRock Debt Strategies Fund, Inc.	Bank Loan	7	1.17%	—	Nov 1998	GFRIX vs DSU
DDFLX	Delaware Floating Rate Fund	Bank Loan	95	1.63%	—	Feb 2010	GFRIX vs DDFLX
DAFRX	Dunham Floating Rate Bond Fund	Bank Loan	85	2.14%	—	Oct 2013	GFRIX vs DAFRX

Compare GFRIX with Any Fund or Stock

Compare GFRIX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.

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Diversifiers

Pair GFRIX with funds that move differently

Goldman Sachs High Yield Floating Rate Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to GFRIX.

Explore GFRIX Diversifiers

Goldman Sachs High Yield Floating Rate Fund (GFRIX) Alternatives