Hartford Floating Rate High Income Fund (HFHIX) 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 HFHIX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to HFHIX
HFHIX charges 0.80% annually. There are 29 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 | HFHIX vs XPTFX | |
| Eaton Vance Floating-Rate Advantage Fund | 0.47% | — | Mar 2008 | HFHIX vs EIFAX | |
| Shenkman Capital Floating Rate High Income Fund | 0.54% | — | Oct 2014 | HFHIX vs SFHIX | |
| T. Rowe Price Institutional Floating Rate Fund | 0.57% | — | Jan 2008 | HFHIX vs RPIFX | |
| Lord Abbett Floating Rate Fund | 0.60% | — | Dec 2007 | HFHIX vs LFRIX |
Best Risk-Adjusted Alternatives to HFHIX
HFHIX has a PortfoliosLab risk / return rank of 79. There are 25 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 | HFHIX vs RCRIX | |
| Calamos Aksia Alternative Credit and Income Fund C... | 99 | — | Jun 2023 | HFHIX vs CAPIX | |
| Payden Floating Rate Fund | 98 | — | Nov 2013 | HFHIX vs PYFRX | |
| Virtus Seix Floating Rate High Income Fund | 97 | — | Feb 2006 | HFHIX vs SAMBX | |
| PGIM Floating Rate Income Fund | 96 | — | Mar 2011 | HFHIX vs FRFZX |
Top Performing HFHIX Alternatives (YTD)
HFHIX is at 1.08% YTD. There are 39 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 | HFHIX vs RSFYX | |
| Federated Hermes Project and Trade Finance Tender ... | 3.54% | — | Jan 2017 | HFHIX vs XPTFX | |
| Virtus Seix Floating Rate High Income Fund | 3.03% | — | Feb 2006 | HFHIX vs SAMBX | |
| Calamos Aksia Alternative Credit and Income Fund C... | 2.87% | — | Jun 2023 | HFHIX vs CAPIX | |
| Credit Suisse Floating Rate High Income Fund | 2.86% | — | Mar 1999 | HFHIX vs CHIAX |
Lowest Volatility Alternatives to HFHIX
HFHIX has 2.50% 1-year volatility. There are 39 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 | HFHIX vs RCRIX | |
| Payden Floating Rate Fund | 1.25% | — | Nov 2013 | HFHIX vs PYFRX | |
| BNY Mellon Floating Rate Income Fund | 1.35% | — | Sep 2013 | HFHIX vs DFLYX | |
| Dunham Floating Rate Bond Fund | 1.68% | — | Oct 2013 | HFHIX vs DAFRX | |
| Donoghue Forlines Risk Managed Income Fund | 1.68% | — | Dec 2017 | HFHIX vs FLOTX |
Lowest Drawdown Alternatives to HFHIX
HFHIX has a 1-year max drawdown of -1.85%. There are 41 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 | HFHIX vs RCRIX | |
| Virtus Seix Floating Rate High Income Fund | -0.78% | — | Feb 2006 | HFHIX vs SAMBX | |
| PGIM Floating Rate Income Fund | -0.85% | — | Mar 2011 | HFHIX vs FRFZX | |
| Virtus Newfleet Senior Floating Rate Fund | -0.88% | — | Jan 2008 | HFHIX vs PSFIX | |
| Calvert Floating-Rate Advantage Fund | -0.88% | — | Oct 2017 | HFHIX vs CFOIX |
Other Mutual Funds from Hartford
The 10 most viewed Hartford mutual funds shown here include HGOIX, HSNIX, SCIEX and span 8 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| The Hartford Growth Opportunities Fund Class I | Large Cap Growth Equities | 15 | 7.52% | — | Feb 2002 | HFHIX vs HGOIX | |
| The Hartford Strategic Income Fund | Multisector Bonds | 57 | 0.82% | — | May 2007 | HFHIX vs HSNIX | |
| Hartford Schroders International Stock Fund Class ... | Foreign Large Cap Equities | 24 | 7.26% | — | Dec 1985 | HFHIX vs SCIEX | |
| Hartford Core Equity Fund | Large Cap Blend Equities | 43 | 7.81% | — | Apr 1998 | HFHIX vs HGIYX | |
| The Hartford Balanced Income Fund | Diversified Portfolio | 38 | 3.36% | — | Jul 2006 | HFHIX vs HBLYX | |
| Hartford Municipal Opportunities Fund | Municipal Bonds | 69 | 1.39% | — | May 2007 | HFHIX vs HHMIX | |
| Hartford International Value Fund | Foreign Large Cap Equities | 73 | 13.01% | — | May 2010 | HFHIX vs HILYX | |
| The Hartford Dividend and Growth Fund | Large Cap Value Equities | 79 | 10.87% | — | Jul 1996 | HFHIX vs HDGYX | |
| The Hartford Growth Opportunities Fund | Large Cap Growth Equities | 15 | 7.52% | — | Feb 2002 | HFHIX vs HGOYX | |
| Hartford Schroders Emerging Markets Equity Fund Cl... | Emerging Markets Equities | 78 | 22.18% | — | — | HFHIX vs SEMNX |
Often Compared With HFHIX
Investors most often compare HFHIX with AFRAX, NFIAX, PAFRX. These 19 comparison targets span 2 categories, based on PortfoliosLab usage data.
Compare HFHIX with Any Fund or Stock
Compare HFHIX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair HFHIX with funds that move differently
Hartford Floating Rate High Income Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to HFHIX.
Explore HFHIX Diversifiers