Columbia Floating Rate Fund (RFRAX) Alternatives
Columbia Floating Rate Fund (RFRAX) 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 RFRAX. Use the tables to find lower-cost options, better risk-adjusted returns, or funds that fit a different role in your portfolio.
Cheapest Alternatives to RFRAX
RFRAX charges 1.02% annually. Among mutual funds in the Bank Loan category, these options have the lowest expense ratios among RFRAX alternatives.
| Symbol | Name | Expense Ratio | Inception | |
|---|---|---|---|---|
| Federated Hermes Project and Trade Finance Tender ... | 0.41% | Jan 31, 2017 | RFRAX vs XPTFX | |
| Eaton Vance Floating-Rate Advantage Fund | 0.47% | Mar 16, 2008 | RFRAX vs EIFAX | |
| Shenkman Capital Floating Rate High Income Fund | 0.54% | Oct 14, 2014 | RFRAX vs SFHIX | |
| T. Rowe Price Institutional Floating Rate Fund | 0.57% | Jan 30, 2008 | RFRAX vs RPIFX | |
| Lord Abbett Floating Rate Fund | 0.60% | Dec 30, 2007 | RFRAX vs LFRIX |
Best Risk-Adjusted Alternatives to RFRAX
Among mutual funds in the Bank Loan category, these options rank highest on PortfoliosLab's risk-adjusted score, which accounts for volatility, drawdown, and return consistency over a 1-year period.
| Symbol | Name | Risk / Return Rank | Inception | |
|---|---|---|---|---|
| Calamos Aksia Alternative Credit and Income Fund C... | 100 | Jun 8, 2023 | RFRAX vs CAPIX | |
| RiverPark Floating Rate CMBS Fund | 98 | Sep 29, 2016 | RFRAX vs RCRIX | |
| Virtus Seix Floating Rate High Income Fund | 94 | Feb 28, 2006 | RFRAX vs SAMBX | |
| Delaware Floating Rate Fund | 94 | Feb 25, 2010 | RFRAX vs DDFLX | |
| Payden Floating Rate Fund | 94 | Nov 10, 2013 | RFRAX vs PYFRX |
Top Performing RFRAX Alternatives (YTD)
RFRAX alternatives from the Bank Loan category, sorted by year-to-date return.
| Symbol | Name | YTD Return | Inception | |
|---|---|---|---|---|
| Calamos Aksia Alternative Credit and Income Fund C... | 1.80% | Jun 8, 2023 | RFRAX vs CAPIX | |
| Victory Floating Rate Fund | 1.46% | Dec 30, 2009 | RFRAX vs RSFYX | |
| Federated Hermes Project and Trade Finance Tender ... | 1.41% | Jan 31, 2017 | RFRAX vs XPTFX | |
| RiverPark Floating Rate CMBS Fund | 0.88% | Sep 29, 2016 | RFRAX vs RCRIX | |
| DWS Floating Rate Fund | 0.51% | Jun 28, 2007 | RFRAX vs DFRTX |
Lowest Volatility Alternatives to RFRAX
RFRAX alternatives from the Bank Loan category, sorted by annualized volatility over the past year.
| Symbol | Name | Volatility 1Y | Inception | |
|---|---|---|---|---|
| Calamos Aksia Alternative Credit and Income Fund C... | 1.21% | Jun 8, 2023 | RFRAX vs CAPIX | |
| RiverPark Floating Rate CMBS Fund | 1.54% | Sep 29, 2016 | RFRAX vs RCRIX | |
| BNY Mellon Floating Rate Income Fund | 1.99% | Sep 26, 2013 | RFRAX vs DFLYX | |
| Payden Floating Rate Fund | 2.04% | Nov 10, 2013 | RFRAX vs PYFRX | |
| Shenkman Capital Floating Rate High Income Fund | 2.16% | Oct 14, 2014 | RFRAX vs SFHIX |
Lowest Drawdown Alternatives to RFRAX
RFRAX alternatives from the Bank Loan category, sorted by maximum drawdown over the past year.
| Symbol | Name | Max Drawdown 1Y | Inception | |
|---|---|---|---|---|
| Calamos Aksia Alternative Credit and Income Fund C... | -0.37% | Jun 8, 2023 | RFRAX vs CAPIX | |
| Federated Hermes Floating Rate Strat Inc Fund | -1.40% | Dec 2, 2010 | RFRAX vs FFRSX | |
| Pioneer Floating Rate Fund | -1.64% | Feb 13, 2007 | RFRAX vs FLYRX | |
| Delaware Floating Rate Fund | -1.65% | Feb 25, 2010 | RFRAX vs DDFLX | |
| BNY Mellon Floating Rate Income Fund | -1.73% | Sep 26, 2013 | RFRAX vs DFLYX |
Other Mutual Funds from Columbia
Most popular Columbia mutual funds on PortfoliosLab, across asset classes.
Often Compared With RFRAX
What investors most often compare with RFRAX, based on PortfoliosLab usage data.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | Inception | |
|---|---|---|---|---|---|---|
| Fidelity Floating Rate High Income Fund | High Yield Bonds | 84 | -0.61% | Aug 16, 2000 | RFRAX vs FFRHX |
Compare RFRAX with Any Fund or Stock
Compare RFRAX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.