RiverPark Floating Rate CMBS Fund (RCRIX) 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 RCRIX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to RCRIX
RCRIX charges 0.85% annually. There are 34 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 | RCRIX vs XPTFX | |
| Eaton Vance Floating-Rate Advantage Fund | 0.47% | — | Mar 2008 | RCRIX vs EIFAX | |
| Shenkman Capital Floating Rate High Income Fund | 0.54% | — | Oct 2014 | RCRIX vs SFHIX | |
| T. Rowe Price Institutional Floating Rate Fund | 0.57% | — | Jan 2008 | RCRIX vs RPIFX | |
| Lord Abbett Floating Rate Fund | 0.60% | — | Dec 2007 | RCRIX vs LFRIX |
Best Risk-Adjusted Alternatives to RCRIX
RCRIX has a PortfoliosLab risk / return rank of 100. No mutual funds in the Bank Loan category have higher risk-adjusted ranks; the top alternatives shown here go as high as 98.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Calamos Aksia Alternative Credit and Income Fund C... | 98 | — | Jun 2023 | RCRIX vs CAPIX | |
| Payden Floating Rate Fund | 98 | — | Nov 2013 | RCRIX vs PYFRX | |
| Virtus Seix Floating Rate High Income Fund | 97 | — | Feb 2006 | RCRIX vs SAMBX | |
| PGIM Floating Rate Income Fund | 96 | — | Mar 2011 | RCRIX vs FRFZX | |
| Delaware Floating Rate Fund | 95 | — | Feb 2010 | RCRIX vs DDFLX |
Top Performing RCRIX Alternatives (YTD)
RCRIX is at 2.14% YTD. There are 6 mutual funds in the Bank Loan category with higher YTD returns, going as high as 3.48%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Victory Floating Rate Fund | 3.48% | — | Dec 2009 | RCRIX vs RSFYX | |
| Federated Hermes Project and Trade Finance Tender ... | 3.23% | — | Jan 2017 | RCRIX vs XPTFX | |
| Virtus Seix Floating Rate High Income Fund | 2.42% | — | Feb 2006 | RCRIX vs SAMBX | |
| Calamos Aksia Alternative Credit and Income Fund C... | 2.38% | — | Jun 2023 | RCRIX vs CAPIX | |
| PGIM Floating Rate Income Fund | 2.29% | — | Mar 2011 | RCRIX vs FRFZX |
Lowest Volatility Alternatives to RCRIX
RCRIX has 0.77% 1-year volatility. No mutual funds in the Bank Loan category have lower 1-year volatility; the lowest-volatility alternatives shown here go as low as 1.24%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Payden Floating Rate Fund | 1.24% | — | Nov 2013 | RCRIX vs PYFRX | |
| BNY Mellon Floating Rate Income Fund | 1.36% | — | Sep 2013 | RCRIX vs DFLYX | |
| Shenkman Capital Floating Rate High Income Fund | 1.67% | — | Oct 2014 | RCRIX vs SFHIX | |
| Donoghue Forlines Risk Managed Income Fund | 1.68% | — | Dec 2017 | RCRIX vs FLOTX | |
| Dunham Floating Rate Bond Fund | 1.69% | — | Oct 2013 | RCRIX vs DAFRX |
Lowest Drawdown Alternatives to RCRIX
RCRIX has a 1-year max drawdown of -0.19%. No mutual funds in the Bank Loan category have shallower 1-year drawdowns; the lowest-drawdown alternatives shown here go as shallow as -0.78%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Virtus Seix Floating Rate High Income Fund | -0.78% | — | Feb 2006 | RCRIX vs SAMBX | |
| PGIM Floating Rate Income Fund | -0.85% | — | Mar 2011 | RCRIX vs FRFZX | |
| Calvert Floating-Rate Advantage Fund | -0.88% | — | Oct 2017 | RCRIX vs CFOIX | |
| Virtus Newfleet Senior Floating Rate Fund | -0.88% | — | Jan 2008 | RCRIX vs PSFIX | |
| Transamerica Floating Rate Fund | -0.93% | — | Oct 2013 | RCRIX vs TFLIX |
Other Mutual Funds from RiverPark Funds
The 5 most viewed RiverPark Funds mutual funds shown here include RPHIX, RSIIX, RPXIX and span 3 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| RiverPark Short Term High Yield Fund | High Yield Bonds | 100 | 1.87% | — | Sep 2010 | RCRIX vs RPHIX | |
| RiverPark Strategic Income Fund | High Yield Bonds | 68 | 1.69% | — | Sep 2013 | RCRIX vs RSIIX | |
| RiverPark Large Growth Fund | Large Cap Growth Equities | 9 | -0.24% | — | Sep 2010 | RCRIX vs RPXIX | |
| RiverPark Long/Short Opportunity Fund | Long-Short | 6 | -2.98% | — | Mar 2012 | RCRIX vs RLSIX | |
| Wedgewood Fund | Large Cap Growth Equities | 10 | 2.04% | — | Sep 2010 | RCRIX vs RWGIX |
Often Compared With RCRIX
Investors most often compare RCRIX with FFRSX, BINC, HFHIX. These 20 comparison targets span 2 categories, based on PortfoliosLab usage data.
Compare RCRIX with Any Fund or Stock
Compare RCRIX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair RCRIX with funds that move differently
RiverPark Floating Rate CMBS Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to RCRIX.
Explore RCRIX Diversifiers