T. Rowe Price Floating Rate Fund Class I (TFAIX) Alternatives

T. Rowe Price Floating Rate Fund Class I (TFAIX) 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 TFAIX. 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 TFAIX

TFAIX charges 0.63% annually. Among mutual funds in the Bank Loan category, these options have the lowest expense ratios among TFAIX alternatives.

Symbol	Name	Expense Ratio	Inception
XPTFX	Federated Hermes Project and Trade Finance Tender ...	0.41%	Jan 31, 2017	TFAIX vs XPTFX
EIFAX	Eaton Vance Floating-Rate Advantage Fund	0.47%	Mar 16, 2008	TFAIX vs EIFAX
SFHIX	Shenkman Capital Floating Rate High Income Fund	0.54%	Oct 14, 2014	TFAIX vs SFHIX
RPIFX	T. Rowe Price Institutional Floating Rate Fund	0.57%	Jan 30, 2008	TFAIX vs RPIFX
LFRIX	Lord Abbett Floating Rate Fund	0.60%	Dec 30, 2007	TFAIX vs LFRIX

Best Risk-Adjusted Alternatives to TFAIX

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	TFAIX vs CAPIX
RCRIX	RiverPark Floating Rate CMBS Fund	98	Sep 29, 2016	TFAIX vs RCRIX
SAMBX	Virtus Seix Floating Rate High Income Fund	94	Feb 28, 2006	TFAIX vs SAMBX
DDFLX	Delaware Floating Rate Fund	94	Feb 25, 2010	TFAIX vs DDFLX
PYFRX	Payden Floating Rate Fund	94	Nov 10, 2013	TFAIX vs PYFRX

Top Performing TFAIX Alternatives (YTD)

TFAIX 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	TFAIX vs CAPIX
RSFYX	Victory Floating Rate Fund	1.46%	Dec 30, 2009	TFAIX vs RSFYX
XPTFX	Federated Hermes Project and Trade Finance Tender ...	1.41%	Jan 31, 2017	TFAIX vs XPTFX
RCRIX	RiverPark Floating Rate CMBS Fund	0.88%	Sep 29, 2016	TFAIX vs RCRIX
DFRTX	DWS Floating Rate Fund	0.51%	Jun 28, 2007	TFAIX vs DFRTX

Lowest Volatility Alternatives to TFAIX

TFAIX 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	TFAIX vs CAPIX
RCRIX	RiverPark Floating Rate CMBS Fund	1.54%	Sep 29, 2016	TFAIX vs RCRIX
DFLYX	BNY Mellon Floating Rate Income Fund	1.99%	Sep 26, 2013	TFAIX vs DFLYX
PYFRX	Payden Floating Rate Fund	2.04%	Nov 10, 2013	TFAIX vs PYFRX
SFHIX	Shenkman Capital Floating Rate High Income Fund	2.16%	Oct 14, 2014	TFAIX vs SFHIX

Lowest Drawdown Alternatives to TFAIX

TFAIX 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	TFAIX vs CAPIX
FFRSX	Federated Hermes Floating Rate Strat Inc Fund	-1.40%	Dec 2, 2010	TFAIX vs FFRSX
FLYRX	Pioneer Floating Rate Fund	-1.64%	Feb 13, 2007	TFAIX vs FLYRX
DDFLX	Delaware Floating Rate Fund	-1.65%	Feb 25, 2010	TFAIX vs DDFLX
DFLYX	BNY Mellon Floating Rate Income Fund	-1.73%	Sep 26, 2013	TFAIX vs DFLYX

Other Mutual Funds from T. Rowe Price

Most popular T. Rowe Price mutual funds on PortfoliosLab, across asset classes.

Symbol	Name	Category	Risk / Return Rank	YTD Return	Inception
TRBCX	T. Rowe Price Blue Chip Growth Fund	Large Cap Growth Equities	20	-14.57%	Jun 30, 1993	TFAIX vs TRBCX
PRWCX	T. Rowe Price Capital Appreciation Fund	Diversified Portfolio	78	-5.03%	Jun 30, 1986	TFAIX vs PRWCX
PRDGX	T. Rowe Price Dividend Growth Fund, Inc.	Large Cap Blend Equities, Dividend	33	-2.47%	Dec 30, 1992	TFAIX vs PRDGX
PRWAX	T. Rowe Price All-Cap Opportunities Fund	Large Cap Growth Equities	45	-12.37%	Sep 30, 1985	TFAIX vs PRWAX
PRCOX	T. Rowe Price U.S. Equity Research Fund	Large Cap Blend Equities	42	-7.21%	Nov 30, 1994	TFAIX vs PRCOX
PREIX	T. Rowe Price Equity Index 500 Fund	Large Cap Blend Equities	52	-7.11%	Mar 30, 1990	TFAIX vs PREIX
TBCIX	T. Rowe Price Blue Chip Growth Fund I Class	Large Cap Growth Equities	21	-14.54%	—	TFAIX vs TBCIX
TRLGX	T. Rowe Price Large-Cap Growth Fund	Large Cap Growth Equities	15	-14.83%	Oct 31, 2001	TFAIX vs TRLGX
PRSCX	T. Rowe Price Science And Technology Fund	Technology Equities	65	-11.17%	Sep 29, 1987	TFAIX vs PRSCX
PRNHX	T. Rowe Price New Horizons Fund	Mid Cap Growth Equities	16	-5.34%	Jun 3, 1960	TFAIX vs PRNHX

Often Compared With TFAIX

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

Symbol	Name	Category	Risk / Return Rank	YTD Return	Inception
PLFRX	Pacific Funds Floating Rate Income	Bank Loan	93	-1.34%	Jun 29, 2011	TFAIX vs PLFRX

Compare TFAIX with Any Fund or Stock

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

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T. Rowe Price Floating Rate Fund Class I

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