Virtus Newfleet Senior Floating Rate Fund (PSFIX) 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 PSFIX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to PSFIX
PSFIX charges 0.69% annually. There are 12 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 | PSFIX vs XPTFX | |
| Eaton Vance Floating-Rate Advantage Fund | 0.47% | — | Mar 2008 | PSFIX vs EIFAX | |
| Shenkman Capital Floating Rate High Income Fund | 0.54% | — | Oct 2014 | PSFIX vs SFHIX | |
| T. Rowe Price Institutional Floating Rate Fund | 0.57% | — | Jan 2008 | PSFIX vs RPIFX | |
| Lord Abbett Floating Rate Fund | 0.60% | — | Dec 2007 | PSFIX vs LFRIX |
Best Risk-Adjusted Alternatives to PSFIX
PSFIX has a PortfoliosLab risk / return rank of 92. There are 13 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 | PSFIX vs CCLFX | |
| RiverPark Floating Rate CMBS Fund | 100 | — | Sep 2016 | PSFIX vs RCRIX | |
| Calamos Aksia Alternative Credit and Income Fund C... | 99 | — | Jun 2023 | PSFIX vs CAPIX | |
| Payden Floating Rate Fund | 98 | — | Nov 2013 | PSFIX vs PYFRX | |
| Virtus Seix Floating Rate High Income Fund | 98 | — | Feb 2006 | PSFIX vs SAMBX |
Top Performing PSFIX Alternatives (YTD)
PSFIX is at 1.66% YTD. There are 26 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 | PSFIX vs XPTFX | |
| Cliffwater Corporate Lending Fund Class I Shares | 3.28% | — | Jun 2019 | PSFIX vs CCLFX | |
| BlackRock Floating Rate Income Trust | 3.20% | — | Aug 2004 | PSFIX vs BGT | |
| Calamos Aksia Alternative Credit and Income Fund C... | 3.16% | — | Jun 2023 | PSFIX vs CAPIX | |
| Victory Floating Rate Fund | 2.96% | — | Dec 2009 | PSFIX vs RSFYX |
Lowest Volatility Alternatives to PSFIX
PSFIX has 2.29% 1-year volatility. There are 18 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 | PSFIX vs RCRIX | |
| Cliffwater Corporate Lending Fund Class I Shares | 0.85% | — | Jun 2019 | PSFIX vs CCLFX | |
| Payden Floating Rate Fund | 1.25% | — | Nov 2013 | PSFIX vs PYFRX | |
| BNY Mellon Floating Rate Income Fund | 1.35% | — | Sep 2013 | PSFIX vs DFLYX | |
| Donoghue Forlines Risk Managed Income Fund | 1.69% | — | Dec 2017 | PSFIX vs FLOTX |
Lowest Drawdown Alternatives to PSFIX
PSFIX has a 1-year max drawdown of -0.88%. There are 4 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 | PSFIX vs CCLFX | |
| RiverPark Floating Rate CMBS Fund | -0.19% | — | Sep 2016 | PSFIX vs RCRIX | |
| Virtus Seix Floating Rate High Income Fund | -0.78% | — | Feb 2006 | PSFIX vs SAMBX | |
| PGIM Floating Rate Income Fund | -0.85% | — | Mar 2011 | PSFIX vs FRFZX | |
| Transamerica Floating Rate Fund | -0.93% | — | Oct 2013 | PSFIX vs TFLIX |
Other Mutual Funds from Virtus
The 10 most viewed Virtus mutual funds shown here include ASFYX, AIO, PKSFX and span 8 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Virtus AlphaSimplex Managed Futures Strategy Fund ... | Systematic Trend | 66 | 9.56% | — | Jul 2010 | PSFIX vs ASFYX | |
| Virtus Artificial Intelligence & Technology Opport... | Artificial Intelligence, Technology Equities | 24 | 21.38% | — | Oct 2019 | PSFIX vs AIO | |
| Virtus KAR Small-Cap Core Fund | Mid Cap Growth Equities | 8 | 7.36% | — | Oct 1996 | PSFIX vs PKSFX | |
| Virtus KAR Small-Mid Cap Core Fund | Mid Cap Growth Equities | 0 | -4.13% | — | Mar 2018 | PSFIX vs VKSIX | |
| Virtus KAR Capital Growth Fund | Large Cap Growth Equities | 4 | 0.05% | — | Oct 1995 | PSFIX vs PSTAX | |
| Virtus KAR Mid-Cap Core Fund | Mid Cap Growth Equities | 3 | 0.70% | — | Jun 2009 | PSFIX vs VIMCX | |
| The Merger Fund | Event Driven | 96 | 1.51% | — | Jan 1989 | PSFIX vs MERFX | |
| Virtus Stone Harbor Emerging Markets Income Fund | Emerging Markets Bonds | 43 | 13.38% | — | Dec 2010 | PSFIX vs EDF | |
| Virtus KAR Small-Cap Growth Fund | Small Cap Growth Equities | 1 | -1.68% | — | Jun 2006 | PSFIX vs PXSGX | |
| The Merger Fund Class I | Event Driven | 97 | 1.71% | — | Aug 2013 | PSFIX vs MERIX |
Often Compared With PSFIX
Investors most often compare PSFIX with PHRAX, FDAAX, CFRIX. These 20 comparison targets span 4 categories, based on PortfoliosLab usage data.
Compare PSFIX with Any Fund or Stock
Compare PSFIX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair PSFIX with funds that move differently
Virtus Newfleet Senior Floating Rate Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to PSFIX.
Explore PSFIX Diversifiers