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 a closer substitute for your current allocation.
Cheapest Alternatives to SFHIX
SFHIX charges 0.54% annually. There are 2 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 | SFHIX vs XPTFX | |
| Eaton Vance Floating-Rate Advantage Fund | 0.47% | — | Mar 2008 | SFHIX vs EIFAX | |
| T. Rowe Price Institutional Floating Rate Fund | 0.57% | — | Jan 2008 | SFHIX vs RPIFX | |
| Lord Abbett Floating Rate Fund | 0.60% | — | Dec 2007 | SFHIX vs LFRIX | |
| T. Rowe Price Floating Rate Fund Class I | 0.63% | — | Nov 2016 | SFHIX vs TFAIX |
Best Risk-Adjusted Alternatives to SFHIX
SFHIX has a PortfoliosLab risk / return rank of 64. There are 32 mutual funds in the Bank Loan category with higher risk-adjusted ranks, going as high as 100.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Cliffwater Corporate Lending Fund Class I Shares | 100 | — | Jun 2019 | SFHIX vs CCLFX | |
| RiverPark Floating Rate CMBS Fund | 99 | — | Sep 2016 | SFHIX vs RCRIX | |
| Calamos Aksia Alternative Credit and Income Fund C... | 99 | — | Jun 2023 | SFHIX vs CAPIX | |
| Payden Floating Rate Fund | 98 | — | Nov 2013 | SFHIX vs PYFRX | |
| Virtus Seix Floating Rate High Income Fund | 97 | — | Feb 2006 | SFHIX vs SAMBX |
Top Performing SFHIX Alternatives (YTD)
SFHIX is at 1.66% YTD. There are 25 mutual funds in the Bank Loan category with higher YTD returns, going as high as 3.95%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Federated Hermes Project and Trade Finance Tender ... | 3.95% | — | Jan 2017 | SFHIX vs XPTFX | |
| Cliffwater Corporate Lending Fund Class I Shares | 3.28% | — | Jun 2019 | SFHIX vs CCLFX | |
| Calamos Aksia Alternative Credit and Income Fund C... | 3.26% | — | Jun 2023 | SFHIX vs CAPIX | |
| Virtus Seix Floating Rate High Income Fund | 2.89% | — | Feb 2006 | SFHIX vs SAMBX | |
| Victory Floating Rate Fund | 2.83% | — | Dec 2009 | SFHIX vs RSFYX |
Lowest Volatility Alternatives to SFHIX
SFHIX has 1.79% 1-year volatility. There are 6 mutual funds in the Bank Loan category with lower 1-year volatility, going as low as 0.85%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Cliffwater Corporate Lending Fund Class I Shares | 0.85% | — | Jun 2019 | SFHIX vs CCLFX | |
| RiverPark Floating Rate CMBS Fund | 0.89% | — | Sep 2016 | SFHIX vs RCRIX | |
| Payden Floating Rate Fund | 1.25% | — | Nov 2013 | SFHIX vs PYFRX | |
| BNY Mellon Floating Rate Income Fund | 1.35% | — | Sep 2013 | SFHIX vs DFLYX | |
| Donoghue Forlines Risk Managed Income Fund | 1.68% | — | Dec 2017 | SFHIX vs FLOTX |
Lowest Drawdown Alternatives to SFHIX
SFHIX has a 1-year max drawdown of -2.25%. There are 49 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 | |
|---|---|---|---|---|---|
| Cliffwater Corporate Lending Fund Class I Shares | -0.19% | — | Jun 2019 | SFHIX vs CCLFX | |
| RiverPark Floating Rate CMBS Fund | -0.45% | — | Sep 2016 | SFHIX vs RCRIX | |
| Virtus Seix Floating Rate High Income Fund | -0.78% | — | Feb 2006 | SFHIX vs SAMBX | |
| PGIM Floating Rate Income Fund | -0.85% | — | Mar 2011 | SFHIX vs FRFZX | |
| Virtus Newfleet Senior Floating Rate Fund | -0.88% | — | Jan 2008 | SFHIX vs PSFIX |
Other Mutual Funds from Shenkman
The 1 most viewed Shenkman mutual funds shown here include SCFIX and span 1 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Shenkman Capital Short Duration High Income Fund | High Yield Bonds | 94 | 1.46% | — | Oct 2012 | SFHIX vs SCFIX |
Often Compared With SFHIX
Investors most often compare SFHIX with PFLRX, SWDRX, FFRSX. These 20 comparison targets span 5 categories, based on PortfoliosLab usage data.
Compare SFHIX with Any Fund or Stock
Compare SFHIX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair SFHIX with funds that move differently
Shenkman Capital Floating Rate High Income Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to SFHIX.
Explore SFHIX Diversifiers