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 88. 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 | |
|---|---|---|---|---|---|
| RiverPark Floating Rate CMBS Fund | 100 | — | Sep 2016 | PSFIX vs RCRIX | |
| Calamos Aksia Alternative Credit and Income Fund C... | 98 | — | Jun 2023 | PSFIX vs CAPIX | |
| Payden Floating Rate Fund | 98 | — | Nov 2013 | PSFIX vs PYFRX | |
| Virtus Seix Floating Rate High Income Fund | 97 | — | Feb 2006 | PSFIX vs SAMBX | |
| PGIM Floating Rate Income Fund | 96 | — | Mar 2011 | PSFIX vs FRFZX |
Top Performing PSFIX Alternatives (YTD)
PSFIX is at 1.66% YTD. There are 24 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 | PSFIX vs RSFYX | |
| Federated Hermes Project and Trade Finance Tender ... | 3.43% | — | Jan 2017 | PSFIX vs XPTFX | |
| Credit Suisse Floating Rate High Income Fund | 3.03% | — | Mar 1999 | PSFIX vs CHIAX | |
| Virtus Seix Floating Rate High Income Fund | 2.89% | — | Feb 2006 | PSFIX vs SAMBX | |
| PGIM Floating Rate Income Fund | 2.82% | — | Mar 2011 | PSFIX vs FRFZX |
Lowest Volatility Alternatives to PSFIX
PSFIX has 2.29% 1-year volatility. There are 20 mutual funds in the Bank Loan category with lower 1-year volatility, going as low as 0.77%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| RiverPark Floating Rate CMBS Fund | 0.77% | — | Sep 2016 | PSFIX vs RCRIX | |
| Payden Floating Rate Fund | 1.25% | — | Nov 2013 | PSFIX vs PYFRX | |
| BNY Mellon Floating Rate Income Fund | 1.35% | — | Sep 2013 | PSFIX vs DFLYX | |
| Dunham Floating Rate Bond Fund | 1.67% | — | Oct 2013 | PSFIX vs DAFRX | |
| Donoghue Forlines Risk Managed Income Fund | 1.68% | — | Dec 2017 | PSFIX vs FLOTX |
Lowest Drawdown Alternatives to PSFIX
PSFIX has a 1-year max drawdown of -0.88%. There are 3 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 | 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 | |
| Calvert Floating-Rate Advantage Fund | -0.88% | — | Oct 2017 | PSFIX vs CFOIX | |
| 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 AIO, VKSIX, PKSFX and span 8 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Virtus Artificial Intelligence & Technology Opport... | Technology Equities | 34 | 26.53% | — | Oct 2019 | PSFIX vs AIO | |
| Virtus KAR Small-Mid Cap Core Fund | Mid Cap Growth Equities | 1 | -4.70% | — | Mar 2018 | PSFIX vs VKSIX | |
| Virtus KAR Small-Cap Core Fund | Mid Cap Growth Equities | 6 | 8.04% | — | Oct 1996 | PSFIX vs PKSFX | |
| Virtus KAR Capital Growth Fund | Large Cap Growth Equities | 6 | 6.42% | — | Oct 1995 | PSFIX vs PSTAX | |
| Virtus KAR Mid-Cap Core Fund | Mid Cap Growth Equities | 2 | 0.66% | — | Jun 2009 | PSFIX vs VIMCX | |
| The Merger Fund | Event Driven | 97 | 1.51% | — | Jan 1989 | PSFIX vs MERFX | |
| Virtus KAR Small-Cap Growth Fund | Small Cap Growth Equities | 1 | -3.24% | — | Jun 2006 | PSFIX vs PXSGX | |
| Virtus Stone Harbor Emerging Markets Income Fund | Emerging Markets Bonds | 61 | 19.70% | — | Dec 2010 | PSFIX vs EDF | |
| Virtus Tactical Allocation Fund | Diversified Portfolio | 4 | 2.04% | — | Sep 1940 | PSFIX vs NAINX | |
| Virtus Duff & Phelps Real Estate Securities Fund | REIT | 44 | 17.83% | — | Mar 1995 | PSFIX vs PHRAX |
Often Compared With PSFIX
Investors most often compare PSFIX with CFRIX, EVFAX, FDAAX. 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