Hartford Floating Rate Fund (HFLYX) 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 HFLYX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to HFLYX
HFLYX charges 0.74% annually. There are 18 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 | HFLYX vs XPTFX | |
| Eaton Vance Floating-Rate Advantage Fund | 0.47% | — | Mar 2008 | HFLYX vs EIFAX | |
| Shenkman Capital Floating Rate High Income Fund | 0.54% | — | Oct 2014 | HFLYX vs SFHIX | |
| T. Rowe Price Institutional Floating Rate Fund | 0.57% | — | Jan 2008 | HFLYX vs RPIFX | |
| Lord Abbett Floating Rate Fund | 0.60% | — | Dec 2007 | HFLYX vs LFRIX |
Best Risk-Adjusted Alternatives to HFLYX
HFLYX has a PortfoliosLab risk / return rank of 52. There are 41 mutual funds in the Bank Loan category with higher risk-adjusted ranks, going as high as 100.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Cliffwater Corporate Lending Fund Class I Shares | 100 | — | Jun 2019 | HFLYX vs CCLFX | |
| RiverPark Floating Rate CMBS Fund | 100 | — | Sep 2016 | HFLYX vs RCRIX | |
| Calamos Aksia Alternative Credit and Income Fund C... | 99 | — | Jun 2023 | HFLYX vs CAPIX | |
| Payden Floating Rate Fund | 98 | — | Nov 2013 | HFLYX vs PYFRX | |
| Virtus Seix Floating Rate High Income Fund | 98 | — | Feb 2006 | HFLYX vs SAMBX |
Top Performing HFLYX Alternatives (YTD)
HFLYX is at 1.43% YTD. There are 28 mutual funds in the Bank Loan category with higher YTD returns, going as high as 3.95%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Federated Hermes Project and Trade Finance Tender ... | 3.95% | — | Jan 2017 | HFLYX vs XPTFX | |
| Cliffwater Corporate Lending Fund Class I Shares | 3.28% | — | Jun 2019 | HFLYX vs CCLFX | |
| BlackRock Floating Rate Income Trust | 3.20% | — | Aug 2004 | HFLYX vs BGT | |
| Calamos Aksia Alternative Credit and Income Fund C... | 3.16% | — | Jun 2023 | HFLYX vs CAPIX | |
| Victory Floating Rate Fund | 2.96% | — | Dec 2009 | HFLYX vs RSFYX |
Lowest Volatility Alternatives to HFLYX
HFLYX has 2.73% 1-year volatility. There are 43 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 | HFLYX vs RCRIX | |
| Cliffwater Corporate Lending Fund Class I Shares | 0.85% | — | Jun 2019 | HFLYX vs CCLFX | |
| Payden Floating Rate Fund | 1.25% | — | Nov 2013 | HFLYX vs PYFRX | |
| BNY Mellon Floating Rate Income Fund | 1.35% | — | Sep 2013 | HFLYX vs DFLYX | |
| Donoghue Forlines Risk Managed Income Fund | 1.69% | — | Dec 2017 | HFLYX vs FLOTX |
Lowest Drawdown Alternatives to HFLYX
HFLYX has a 1-year max drawdown of -1.95%. There are 43 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 | |
|---|---|---|---|---|---|
| Cliffwater Corporate Lending Fund Class I Shares | -0.19% | — | Jun 2019 | HFLYX vs CCLFX | |
| RiverPark Floating Rate CMBS Fund | -0.19% | — | Sep 2016 | HFLYX vs RCRIX | |
| Virtus Seix Floating Rate High Income Fund | -0.78% | — | Feb 2006 | HFLYX vs SAMBX | |
| PGIM Floating Rate Income Fund | -0.85% | — | Mar 2011 | HFLYX vs FRFZX | |
| Virtus Newfleet Senior Floating Rate Fund | -0.88% | — | Jan 2008 | HFLYX vs PSFIX |
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 | 9 | 1.75% | — | Feb 2002 | HFLYX vs HGOIX | |
| The Hartford Strategic Income Fund | Multisector Bonds | 40 | 0.04% | — | May 2007 | HFLYX vs HSNIX | |
| Hartford Schroders International Stock Fund Class ... | Foreign Large Cap Equities | 40 | 9.90% | — | Dec 1985 | HFLYX vs SCIEX | |
| The Hartford Balanced Income Fund | Diversified Portfolio | 53 | 3.90% | — | Jul 2006 | HFLYX vs HBLYX | |
| Hartford Core Equity Fund | Large Cap Blend Equities | 38 | 6.76% | — | Apr 1998 | HFLYX vs HGIYX | |
| Hartford International Value Fund | Foreign Large Cap Equities | 89 | 18.21% | — | May 2010 | HFLYX vs HILYX | |
| Hartford Municipal Opportunities Fund | Municipal Bonds | 63 | 0.18% | — | May 2007 | HFLYX vs HHMIX | |
| The Hartford Dividend and Growth Fund | Large Cap Value Equities | 88 | 12.49% | — | Jul 1996 | HFLYX vs HDGYX | |
| The Hartford Growth Opportunities Fund | Large Cap Growth Equities | 9 | 1.74% | — | Feb 2002 | HFLYX vs HGOYX | |
| Hartford Schroders Emerging Markets Equity Fund Cl... | Emerging Markets Equities | 71 | 19.30% | — | — | HFLYX vs SEMNX |
Often Compared With HFLYX
Investors most often compare HFLYX with HQIYX, CFOIX, JQC. These 7 comparison targets span 3 categories, based on PortfoliosLab usage data.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| The Hartford Equity Income Fund | Dividend, Large Cap Value Equities | 77 | 11.10% | — | Aug 2003 | HFLYX vs HQIYX | |
| Calvert Floating-Rate Advantage Fund | Bank Loan | — | — | — | Oct 2017 | HFLYX vs CFOIX | |
| Nuveen Credit Strategies Income Fund | Bank Loan | 3 | 1.97% | — | Jun 2003 | HFLYX vs JQC | |
| Credit Suisse Floating Rate High Income Fund | Bank Loan | 60 | 2.19% | — | Mar 1999 | HFLYX vs CHIAX | |
| Dunham Floating Rate Bond Fund | Bank Loan | 76 | 2.36% | — | Oct 2013 | HFLYX vs DAFRX | |
| Delaware Floating Rate Fund | Bank Loan | 96 | 2.18% | — | Feb 2010 | HFLYX vs DDFLX | |
| Transamerica Floating Rate Fund | Bank Loan | 89 | 1.77% | — | Oct 2013 | HFLYX vs TFLIX |
Compare HFLYX with Any Fund or Stock
Compare HFLYX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair HFLYX with funds that move differently
Hartford Floating Rate Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to HFLYX.
Explore HFLYX Diversifiers