Aristotle Floating Rate Income Fund Class A (PLFLX) 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 PLFLX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to PLFLX
PLFLX charges 1.05% annually. There are 46 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 | PLFLX vs XPTFX | |
| Eaton Vance Floating-Rate Advantage Fund | 0.47% | — | Mar 2008 | PLFLX vs EIFAX | |
| Shenkman Capital Floating Rate High Income Fund | 0.54% | — | Oct 2014 | PLFLX vs SFHIX | |
| T. Rowe Price Institutional Floating Rate Fund | 0.57% | — | Jan 2008 | PLFLX vs RPIFX | |
| Lord Abbett Floating Rate Fund | 0.60% | — | Dec 2007 | PLFLX vs LFRIX |
Best Risk-Adjusted Alternatives to PLFLX
PLFLX has a PortfoliosLab risk / return rank of 85. There are 21 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 | PLFLX vs CCLFX | |
| RiverPark Floating Rate CMBS Fund | 100 | — | Sep 2016 | PLFLX vs RCRIX | |
| Calamos Aksia Alternative Credit and Income Fund C... | 99 | — | Jun 2023 | PLFLX vs CAPIX | |
| Payden Floating Rate Fund | 98 | — | Nov 2013 | PLFLX vs PYFRX | |
| Virtus Seix Floating Rate High Income Fund | 98 | — | Feb 2006 | PLFLX vs SAMBX |
Top Performing PLFLX Alternatives (YTD)
PLFLX is at 1.26% YTD. There are 33 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 | PLFLX vs XPTFX | |
| Cliffwater Corporate Lending Fund Class I Shares | 3.28% | — | Jun 2019 | PLFLX vs CCLFX | |
| BlackRock Floating Rate Income Trust | 3.20% | — | Aug 2004 | PLFLX vs BGT | |
| Calamos Aksia Alternative Credit and Income Fund C... | 3.16% | — | Jun 2023 | PLFLX vs CAPIX | |
| Victory Floating Rate Fund | 2.96% | — | Dec 2009 | PLFLX vs RSFYX |
Lowest Volatility Alternatives to PLFLX
PLFLX has 2.48% 1-year volatility. There are 36 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 | PLFLX vs RCRIX | |
| Cliffwater Corporate Lending Fund Class I Shares | 0.85% | — | Jun 2019 | PLFLX vs CCLFX | |
| Payden Floating Rate Fund | 1.25% | — | Nov 2013 | PLFLX vs PYFRX | |
| BNY Mellon Floating Rate Income Fund | 1.35% | — | Sep 2013 | PLFLX vs DFLYX | |
| Dunham Floating Rate Bond Fund | 1.69% | — | Oct 2013 | PLFLX vs DAFRX |
Lowest Drawdown Alternatives to PLFLX
PLFLX has a 1-year max drawdown of -1.72%. There are 33 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 | PLFLX vs CCLFX | |
| RiverPark Floating Rate CMBS Fund | -0.19% | — | Sep 2016 | PLFLX vs RCRIX | |
| Virtus Seix Floating Rate High Income Fund | -0.78% | — | Feb 2006 | PLFLX vs SAMBX | |
| PGIM Floating Rate Income Fund | -0.85% | — | Mar 2011 | PLFLX vs FRFZX | |
| Virtus Newfleet Senior Floating Rate Fund | -0.88% | — | Jan 2008 | PLFLX vs PSFIX |
Other Mutual Funds from Aristotle
The 1 most viewed Aristotle mutual funds shown here include PLIDX and span 1 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Aristotle Core Income Fund Class I-2 | Intermediate Core-Plus Bond | 22 | -0.39% | — | Jun 2012 | PLFLX vs PLIDX |
Often Compared With PLFLX
Investors most often compare PLFLX with CFOIX, DSU, FLOTX. These 5 comparison targets span 1 categories, based on PortfoliosLab usage data.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Calvert Floating-Rate Advantage Fund | Bank Loan | — | — | — | Oct 2017 | PLFLX vs CFOIX | |
| BlackRock Debt Strategies Fund, Inc. | Bank Loan | 5 | -0.75% | — | Nov 1998 | PLFLX vs DSU | |
| Donoghue Forlines Risk Managed Income Fund | Bank Loan | 37 | -0.16% | — | Dec 2017 | PLFLX vs FLOTX | |
| Nuveen Credit Strategies Income Fund | Bank Loan | 3 | 1.97% | — | Jun 2003 | PLFLX vs JQC | |
| Credit Suisse Floating Rate High Income Fund | Bank Loan | 60 | 2.19% | — | Mar 1999 | PLFLX vs CHIAX |
Compare PLFLX with Any Fund or Stock
Compare PLFLX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair PLFLX with funds that move differently
Aristotle Floating Rate Income Fund Class A alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to PLFLX.
Explore PLFLX Diversifiers