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Shenkman Capital Floating Rate High Income Fund (S...
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Shenkman Capital Floating Rate High Income Fund (SFHIX)

Mutual Fund · Currency in USD · Last updated May 30, 2025

The fund invests at least 80% of its net assets (plus any borrowings for investment purposes) in a diversified portfolio of senior secured and unsecured floating rate bank loans and other floating rate instruments. The loans and other instruments in which the fund invests include bank loans to corporate borrowers, traditional corporate bonds, notes, debentures, zero-coupon bonds, collateralized loan obligations and other corporate debt securities, and obligations of the U.S. government and government-sponsored entities.

Fund Info

ISIN

US00770X5766

CUSIP

00770X576

Issuer

Shenkman Funds

Inception Date

Oct 14, 2014

Category

Bank Loan

Min. Investment

$1,000,000

Asset Class

Bond

Expense Ratio

SFHIX has an expense ratio of 0.54%, placing it in the medium range.

Share Price Chart

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Compare to other instruments

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

Shenkman Capital Floating Rate High Income Fund

Performance

Performance Chart

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S&P 500

Returns By Period

Shenkman Capital Floating Rate High Income Fund (SFHIX) returned 2.03% year-to-date (YTD) and 6.83% over the past 12 months. Over the past 10 years, SFHIX returned 4.30% annually, underperforming the S&P 500 benchmark at 10.85%.

SFHIX

YTD

2.03%

1M

1.42%

6M

2.64%

1Y

6.83%

3Y*

7.74%

5Y*

6.37%

10Y*

4.30%

^GSPC (Benchmark)

YTD

0.51%

1M

6.15%

6M

-2.00%

1Y

12.92%

3Y*

12.68%

5Y*

14.19%

10Y*

10.85%

*Annualized

Monthly Returns

The table below presents the monthly returns of SFHIX, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.

JanFebMarAprMayJunJulAugSepOctNovDecTotal
20250.60%0.13%-0.24%-0.02%1.56%2.03%
20240.36%0.77%0.85%0.51%0.81%0.40%0.78%0.78%0.58%0.56%0.91%0.57%8.15%
20232.40%0.24%0.13%0.95%-0.15%2.01%1.13%0.93%0.68%-0.10%1.25%1.49%11.50%
20220.06%-0.60%0.18%-0.15%-1.80%-2.50%2.55%0.83%-2.27%1.33%1.16%0.40%-0.94%
20210.84%0.49%-0.14%0.49%0.45%0.38%-0.17%0.50%0.48%0.14%-0.23%0.60%3.89%
20200.37%-1.42%-11.19%3.72%3.81%0.78%2.11%1.07%0.40%-0.15%1.98%1.15%1.76%
20192.38%1.57%-0.09%1.42%-0.28%0.31%0.69%-0.21%0.43%-0.44%0.91%1.69%8.66%
20180.94%0.05%0.12%0.38%0.10%0.19%0.86%0.61%0.68%-0.19%-0.82%-2.34%0.51%
20170.34%0.52%0.06%0.31%0.35%0.00%0.66%-0.08%0.32%0.71%0.11%0.30%3.64%
2016-0.61%-0.29%2.45%1.62%0.76%-0.06%1.39%0.48%0.76%0.54%0.34%1.19%8.87%
2015-0.13%1.65%0.44%0.96%0.16%-0.41%-0.13%-0.87%-0.87%0.17%-1.39%-0.66%-1.12%
20140.86%0.31%-1.27%-0.12%
Go deeper with the Portfolio Analysis tool — backtest performance, assess risk, compare to benchmarks, and more

Risk-Adjusted Performance

Risk-Adjusted Performance Rank

With an overall rank of 97, SFHIX is among the top 3% of mutual funds on our website when it comes to balancing risk and reward. Below is a breakdown of how it compares using common performance measures.

The Risk-Adjusted Performance Rank of SFHIX is 9797
Overall Rank
The Sharpe Ratio Rank of SFHIX is 9999
Sharpe Ratio Rank
The Sortino Ratio Rank of SFHIX is 9797
Sortino Ratio Rank
The Omega Ratio Rank of SFHIX is 9898
Omega Ratio Rank
The Calmar Ratio Rank of SFHIX is 9595
Calmar Ratio Rank
The Martin Ratio Rank of SFHIX is 9797
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

Risk-Adjusted Performance Indicators

The charts below present risk-adjusted performance metrics for Shenkman Capital Floating Rate High Income Fund (SFHIX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.

The Sharpe ratio helps investors understand how much return they're getting for the level of risk taken. A higher Sharpe ratio indicates better risk-adjusted performance, meaning more reward for each unit of risk.

Shenkman Capital Floating Rate High Income Fund Sharpe ratios as of May 30, 2025 (values are recalculated daily):

  • 1-Year: 3.67
  • 5-Year: 3.07
  • 10-Year: 1.24
  • All Time: 1.28

These values reflect how efficiently the investment has delivered returns relative to its volatility over different time periods. All figures are annualized and based on daily total returns (including price changes and dividends).

The chart below shows the rolling Sharpe ratio of Shenkman Capital Floating Rate High Income Fund compared to the selected benchmark. This view highlights how the investment's risk-adjusted performance has changed over time.

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Go to the full Sharpe Ratio tool to analyze any stock or portfolio. Customize time frames, set your own risk-free rate, and more

Dividends

Dividend History

Shenkman Capital Floating Rate High Income Fund provided a 7.84% dividend yield over the last twelve months, with an annual payout of $0.72 per share. The fund has been increasing its distributions for 3 consecutive years.

0.00%2.00%4.00%6.00%8.00%$0.00$0.20$0.40$0.60$0.8020142015201620172018201920202021202220232024
Dividends
Dividend Yield
PeriodTTM20242023202220212020201920182017201620152014
Dividend$0.72$0.74$0.74$0.45$0.30$0.37$0.49$0.47$0.39$0.41$0.43$0.08

Dividend yield

7.84%8.08%8.06%5.01%3.19%3.92%5.13%5.01%4.00%4.23%4.58%0.80%

Monthly Dividends

The table displays the monthly dividend distributions for Shenkman Capital Floating Rate High Income Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.

JanFebMarAprMayJunJulAugSepOctNovDecTotal
2025$0.06$0.05$0.06$0.06$0.00$0.22
2024$0.06$0.06$0.06$0.07$0.06$0.06$0.07$0.06$0.06$0.06$0.05$0.06$0.74
2023$0.05$0.05$0.06$0.06$0.07$0.06$0.06$0.07$0.06$0.07$0.06$0.07$0.74
2022$0.03$0.02$0.03$0.03$0.03$0.03$0.04$0.05$0.04$0.05$0.05$0.06$0.45
2021$0.03$0.03$0.03$0.02$0.02$0.03$0.02$0.03$0.03$0.02$0.03$0.03$0.30
2020$0.04$0.03$0.04$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.37
2019$0.02$0.04$0.04$0.05$0.04$0.04$0.05$0.04$0.04$0.06$0.04$0.04$0.49
2018$0.02$0.04$0.03$0.04$0.04$0.04$0.04$0.04$0.04$0.04$0.04$0.07$0.47
2017$0.02$0.03$0.04$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.05$0.39
2016$0.03$0.03$0.04$0.03$0.03$0.03$0.03$0.04$0.03$0.03$0.03$0.05$0.41
2015$0.03$0.03$0.04$0.04$0.04$0.04$0.04$0.03$0.04$0.04$0.04$0.04$0.43
2014$0.02$0.03$0.03$0.08

Drawdowns

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.

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Worst Drawdowns

The table below displays the maximum drawdowns of the Shenkman Capital Floating Rate High Income Fund. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the Shenkman Capital Floating Rate High Income Fund was 19.94%, occurring on Mar 23, 2020. Recovery took 177 trading sessions.

Depth

Start

To Bottom

Bottom

To Recover

End

Total

-19.94%Jan 23, 202042Mar 23, 2020177Dec 2, 2020219
-5.64%May 27, 2015181Feb 11, 2016102Jul 8, 2016283
-5.57%Jan 21, 2022114Jul 6, 2022132Jan 12, 2023246
-3.58%Oct 23, 201845Dec 27, 201837Feb 21, 201982
-2.48%Dec 1, 201412Dec 16, 201447Feb 25, 201559
Go to the full Drawdowns tool for more analysis options, including inflation-adjusted drawdowns, and more

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.

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