Pacific Funds Floating Rate Income (PLFRX) 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 PLFRX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to PLFRX
PLFRX charges 0.68% annually. There are 10 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 | PLFRX vs XPTFX | |
| Eaton Vance Floating-Rate Advantage Fund | 0.47% | — | Mar 2008 | PLFRX vs EIFAX | |
| Shenkman Capital Floating Rate High Income Fund | 0.54% | — | Oct 2014 | PLFRX vs SFHIX | |
| T. Rowe Price Institutional Floating Rate Fund | 0.57% | — | Jan 2008 | PLFRX vs RPIFX | |
| Lord Abbett Floating Rate Fund | 0.60% | — | Dec 2007 | PLFRX vs LFRIX |
Best Risk-Adjusted Alternatives to PLFRX
PLFRX has a PortfoliosLab risk / return rank of 85. There are 15 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 | PLFRX vs RCRIX | |
| Calamos Aksia Alternative Credit and Income Fund C... | 99 | — | Jun 2023 | PLFRX vs CAPIX | |
| Payden Floating Rate Fund | 98 | — | Nov 2013 | PLFRX vs PYFRX | |
| Virtus Seix Floating Rate High Income Fund | 97 | — | Feb 2006 | PLFRX vs SAMBX | |
| PGIM Floating Rate Income Fund | 96 | — | Mar 2011 | PLFRX vs FRFZX |
Top Performing PLFRX Alternatives (YTD)
PLFRX is at 1.54% YTD. There are 29 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 | PLFRX vs RSFYX | |
| Federated Hermes Project and Trade Finance Tender ... | 3.54% | — | Jan 2017 | PLFRX vs XPTFX | |
| Virtus Seix Floating Rate High Income Fund | 3.03% | — | Feb 2006 | PLFRX vs SAMBX | |
| Credit Suisse Floating Rate High Income Fund | 3.03% | — | Mar 1999 | PLFRX vs CHIAX | |
| Calamos Aksia Alternative Credit and Income Fund C... | 2.87% | — | Jun 2023 | PLFRX vs CAPIX |
Lowest Volatility Alternatives to PLFRX
PLFRX 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 | PLFRX vs RCRIX | |
| Payden Floating Rate Fund | 1.25% | — | Nov 2013 | PLFRX vs PYFRX | |
| BNY Mellon Floating Rate Income Fund | 1.35% | — | Sep 2013 | PLFRX vs DFLYX | |
| Donoghue Forlines Risk Managed Income Fund | 1.67% | — | Dec 2017 | PLFRX vs FLOTX | |
| Dunham Floating Rate Bond Fund | 1.67% | — | Oct 2013 | PLFRX vs DAFRX |
Lowest Drawdown Alternatives to PLFRX
PLFRX has a 1-year max drawdown of -1.73%. There are 36 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 | PLFRX vs RCRIX | |
| Virtus Seix Floating Rate High Income Fund | -0.78% | — | Feb 2006 | PLFRX vs SAMBX | |
| PGIM Floating Rate Income Fund | -0.85% | — | Mar 2011 | PLFRX vs FRFZX | |
| Virtus Newfleet Senior Floating Rate Fund | -0.88% | — | Jan 2008 | PLFRX vs PSFIX | |
| Calvert Floating-Rate Advantage Fund | -0.88% | — | Oct 2017 | PLFRX vs CFOIX |
Other Mutual Funds from Pacific Funds Series Trust
The 10 most viewed Pacific Funds Series Trust mutual funds shown here include PLSDX, PODAX, POEAX and span 6 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Pacific Funds Short Duration Income | Short-Term Bond | 91 | 0.77% | — | Dec 2011 | PLFRX vs PLSDX | |
| Pacific Funds Portfolio Optimization Growth | Diversified Portfolio | 57 | 10.57% | — | Dec 2003 | PLFRX vs PODAX | |
| Pacific Funds Portfolio Optimization Aggressive-Gr... | Diversified Portfolio | 58 | 12.42% | — | Dec 2003 | PLFRX vs POEAX | |
| Pacific Funds Core Income | Intermediate Core-Plus Bond | 28 | 0.29% | — | Dec 2010 | PLFRX vs PLIIX | |
| Pacific Funds Portfolio Optimization Moderate-Cons... | Diversified Portfolio | 57 | 5.73% | — | Dec 2003 | PLFRX vs POBAX | |
| Pacific Funds Portfolio Optimization Moderate | Diversified Portfolio | 54 | 8.05% | — | Dec 2003 | PLFRX vs POCAX | |
| Pacific Funds Portfolio Optimization Conservative | Diversified Portfolio | 53 | 3.57% | — | Dec 2003 | PLFRX vs POAAX | |
| Pacific Funds High Income | High Yield Bonds | 65 | 1.78% | — | Dec 2011 | PLFRX vs PLHIX | |
| Pacific Funds Strategic Income | Multisector Bonds | 59 | 1.00% | — | Dec 2011 | PLFRX vs PLSRX | |
| Pacific Funds Ultra Short Income | Ultrashort Bond | 99 | 1.80% | — | Jun 2019 | PLFRX vs PLUIX |
Often Compared With PLFRX
Investors most often compare PLFRX with MWCIX, FJSYX, GLIFX. These 20 comparison targets span 12 categories, based on PortfoliosLab usage data.
Compare PLFRX with Any Fund or Stock
Compare PLFRX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair PLFRX with funds that move differently
Pacific Funds Floating Rate Income alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to PLFRX.
Explore PLFRX Diversifiers