Shenkman Capital Floating Rate High Income Fund (SFHIX) Alternatives

Shenkman Capital Floating Rate High Income Fund (SFHIX) 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 SFHIX. 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 SFHIX

SFHIX charges 0.54% annually. Among mutual funds in the Bank Loan category, these options have the lowest expense ratios among SFHIX alternatives.

Symbol	Name	Expense Ratio	Inception
XPTFX	Federated Hermes Project and Trade Finance Tender ...	0.41%	Jan 31, 2017	SFHIX vs XPTFX
EIFAX	Eaton Vance Floating-Rate Advantage Fund	0.47%	Mar 16, 2008	SFHIX vs EIFAX
RPIFX	T. Rowe Price Institutional Floating Rate Fund	0.57%	Jan 30, 2008	SFHIX vs RPIFX
LFRIX	Lord Abbett Floating Rate Fund	0.60%	Dec 30, 2007	SFHIX vs LFRIX
TFAIX	T. Rowe Price Floating Rate Fund Class I	0.63%	Nov 29, 2016	SFHIX vs TFAIX

Best Risk-Adjusted Alternatives to SFHIX

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
CAPIX	Calamos Aksia Alternative Credit and Income Fund C...	100	Jun 8, 2023	SFHIX vs CAPIX
RCRIX	RiverPark Floating Rate CMBS Fund	98	Sep 29, 2016	SFHIX vs RCRIX
SAMBX	Virtus Seix Floating Rate High Income Fund	94	Feb 28, 2006	SFHIX vs SAMBX
DDFLX	Delaware Floating Rate Fund	94	Feb 25, 2010	SFHIX vs DDFLX
PYFRX	Payden Floating Rate Fund	94	Nov 10, 2013	SFHIX vs PYFRX

Top Performing SFHIX Alternatives (YTD)

SFHIX alternatives from the Bank Loan category, sorted by year-to-date return.

Symbol	Name	YTD Return	Inception
CAPIX	Calamos Aksia Alternative Credit and Income Fund C...	1.80%	Jun 8, 2023	SFHIX vs CAPIX
RSFYX	Victory Floating Rate Fund	1.46%	Dec 30, 2009	SFHIX vs RSFYX
XPTFX	Federated Hermes Project and Trade Finance Tender ...	1.41%	Jan 31, 2017	SFHIX vs XPTFX
RCRIX	RiverPark Floating Rate CMBS Fund	0.88%	Sep 29, 2016	SFHIX vs RCRIX
DFRTX	DWS Floating Rate Fund	0.51%	Jun 28, 2007	SFHIX vs DFRTX

Lowest Volatility Alternatives to SFHIX

SFHIX alternatives from the Bank Loan category, sorted by annualized volatility over the past year.

Symbol	Name	Volatility 1Y	Inception
CAPIX	Calamos Aksia Alternative Credit and Income Fund C...	1.21%	Jun 8, 2023	SFHIX vs CAPIX
RCRIX	RiverPark Floating Rate CMBS Fund	1.54%	Sep 29, 2016	SFHIX vs RCRIX
DFLYX	BNY Mellon Floating Rate Income Fund	1.99%	Sep 26, 2013	SFHIX vs DFLYX
PYFRX	Payden Floating Rate Fund	2.04%	Nov 10, 2013	SFHIX vs PYFRX
FLOTX	Donoghue Forlines Risk Managed Income Fund	2.25%	Dec 26, 2017	SFHIX vs FLOTX

Lowest Drawdown Alternatives to SFHIX

SFHIX alternatives from the Bank Loan category, sorted by maximum drawdown over the past year.

Symbol	Name	Max Drawdown 1Y	Inception
CAPIX	Calamos Aksia Alternative Credit and Income Fund C...	-0.37%	Jun 8, 2023	SFHIX vs CAPIX
FFRSX	Federated Hermes Floating Rate Strat Inc Fund	-1.40%	Dec 2, 2010	SFHIX vs FFRSX
FLYRX	Pioneer Floating Rate Fund	-1.64%	Feb 13, 2007	SFHIX vs FLYRX
DDFLX	Delaware Floating Rate Fund	-1.65%	Feb 25, 2010	SFHIX vs DDFLX
DFLYX	BNY Mellon Floating Rate Income Fund	-1.73%	Sep 26, 2013	SFHIX vs DFLYX

Other Mutual Funds from Shenkman Funds

Most popular Shenkman Funds mutual funds on PortfoliosLab, across asset classes.

Symbol	Name	Category	Risk / Return Rank	YTD Return	Inception
SCFIX	Shenkman Capital Short Duration High Income Fund	High Yield Bonds	96	-0.61%	Oct 31, 2012	SFHIX vs SCFIX

Often Compared With SFHIX

What investors most often compare with SFHIX, based on PortfoliosLab usage data.

Symbol	Name	Category	Risk / Return Rank	YTD Return	Inception
PIMIX	PIMCO Income Fund Institutional Class	Total Bond Market	81	-1.36%	Mar 30, 2007	SFHIX vs PIMIX
SPY	State Street SPDR S&P 500 ETF	S&P 500	64	-4.37%	Jan 22, 1993	SFHIX vs SPY
SWDRX	Schwab Target 2030 Fund	Target Retirement Date	66	-2.75%	Jun 30, 2005	SFHIX vs SWDRX
FFHCX	Fidelity Series Floating Rate High Income Fund	High Yield Bonds	89	-0.54%	Oct 20, 2011	SFHIX vs FFHCX
PFLRX	Putnam Floating Rate Income Fund	Bank Loan	66	-1.61%	Aug 3, 2004	SFHIX vs PFLRX
AFRAX	Invesco Floating Rate ESG Fund	Bank Loan	78	-1.27%	Apr 30, 1997	SFHIX vs AFRAX
FRFZX	PGIM Floating Rate Income Fund	Bank Loan	91	-0.61%	Mar 29, 2011	SFHIX vs FRFZX
BFRAX	BlackRock Floating Rate Income Fund	Bank Loan	81	-1.26%	Nov 2, 1989	SFHIX vs BFRAX
EIBLX	Eaton Vance Floating Rate Fund	Bank Loan	60	-1.32%	Jan 29, 2001	SFHIX vs EIBLX
ARTUX	Artisan Floating Rate Fund	Bank Loan	87	-1.36%	Nov 30, 2021	SFHIX vs ARTUX
GIFIX	Guggenheim Floating Rate Strategies Fund	Bank Loan	70	-1.13%	Nov 29, 2011	SFHIX vs GIFIX
HFHIX	Hartford Floating Rate High Income Fund	Bank Loan	93	-1.29%	Sep 29, 2011	SFHIX vs HFHIX
PLFRX	Pacific Funds Floating Rate Income	Bank Loan	93	-1.34%	Jun 29, 2011	SFHIX vs PLFRX
DAFRX	Dunham Floating Rate Bond Fund	Bank Loan	79	-0.63%	Oct 31, 2013	SFHIX vs DAFRX
DFRPX	DWS Floating Rate Fund Class S	Bank Loan	87	0.38%	Jun 28, 2007	SFHIX vs DFRPX
DSU	BlackRock Debt Strategies Fund, Inc.	Bank Loan	11	-2.96%	Nov 6, 1998	SFHIX vs DSU
OOSAX	Invesco Senior Floating Rate Fund	Bank Loan	25	-2.34%	Sep 7, 1999	SFHIX vs OOSAX
DBFRX	DoubleLine Floating Rate Fund	Bank Loan	—	—	Jan 31, 2013	SFHIX vs DBFRX
JFIIX	John Hancock Funds Floating Rate Income Fund	Bank Loan	62	-1.53%	Jan 1, 2008	SFHIX vs JFIIX
NFIAX	Neuberger Berman Floating Rate Income Fund	Bank Loan	92	-0.83%	Dec 28, 2009	SFHIX vs NFIAX

Compare SFHIX with Any Fund or Stock

Compare SFHIX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.

Symbol name

Shenkman Capital Floating Rate High Income Fund

Symbol name