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 82. There are 19 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 | 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 | 97 | — | Feb 2006 | PLFLX vs SAMBX | |
| PGIM Floating Rate Income Fund | 96 | — | Mar 2011 | PLFLX vs FRFZX |
Top Performing PLFLX Alternatives (YTD)
PLFLX is at 1.37% YTD. There are 31 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 | PLFLX vs RSFYX | |
| Federated Hermes Project and Trade Finance Tender ... | 3.54% | — | Jan 2017 | PLFLX vs XPTFX | |
| Virtus Seix Floating Rate High Income Fund | 3.03% | — | Feb 2006 | PLFLX vs SAMBX | |
| Credit Suisse Floating Rate High Income Fund | 3.03% | — | Mar 1999 | PLFLX vs CHIAX | |
| Calamos Aksia Alternative Credit and Income Fund C... | 2.87% | — | Jun 2023 | PLFLX vs CAPIX |
Lowest Volatility Alternatives to PLFLX
PLFLX has 2.49% 1-year volatility. There are 37 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 | |
| Payden Floating Rate Fund | 1.25% | — | Nov 2013 | PLFLX vs PYFRX | |
| BNY Mellon Floating Rate Income Fund | 1.35% | — | Sep 2013 | PLFLX vs DFLYX | |
| Donoghue Forlines Risk Managed Income Fund | 1.67% | — | Dec 2017 | PLFLX vs FLOTX | |
| Dunham Floating Rate Bond Fund | 1.67% | — | 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 | |
|---|---|---|---|---|---|
| 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 | |
| Calvert Floating-Rate Advantage Fund | -0.88% | — | Oct 2017 | PLFLX vs CFOIX |
Often Compared With PLFLX
Investors most often compare PLFLX with BGT, DSU, JQC. These 3 comparison targets span 1 categories, based on PortfoliosLab usage data.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| BlackRock Floating Rate Income Trust | Bank Loan | 2 | 0.45% | — | Aug 2004 | PLFLX vs BGT | |
| BlackRock Debt Strategies Fund, Inc. | Bank Loan | 6 | 0.96% | — | Nov 1998 | PLFLX vs DSU | |
| Nuveen Credit Strategies Income Fund | Bank Loan | 3 | 1.77% | — | Jun 2003 | PLFLX vs JQC |
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