Transamerica Floating Rate Fund (TFLIX) 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 TFLIX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to TFLIX
TFLIX charges 0.80% annually. There are 28 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 | TFLIX vs XPTFX | |
| Eaton Vance Floating-Rate Advantage Fund | 0.47% | — | Mar 2008 | TFLIX vs EIFAX | |
| Shenkman Capital Floating Rate High Income Fund | 0.54% | — | Oct 2014 | TFLIX vs SFHIX | |
| T. Rowe Price Institutional Floating Rate Fund | 0.57% | — | Jan 2008 | TFLIX vs RPIFX | |
| Lord Abbett Floating Rate Fund | 0.60% | — | Dec 2007 | TFLIX vs LFRIX |
Best Risk-Adjusted Alternatives to TFLIX
TFLIX has a PortfoliosLab risk / return rank of 83. There are 16 mutual funds in the Bank Loan category with higher risk-adjusted ranks, going as high as 100.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| RiverPark Floating Rate CMBS Fund | 100 | — | Sep 2016 | TFLIX vs RCRIX | |
| Calamos Aksia Alternative Credit and Income Fund C... | 98 | — | Jun 2023 | TFLIX vs CAPIX | |
| Payden Floating Rate Fund | 98 | — | Nov 2013 | TFLIX vs PYFRX | |
| Virtus Seix Floating Rate High Income Fund | 97 | — | Feb 2006 | TFLIX vs SAMBX | |
| PGIM Floating Rate Income Fund | 94 | — | Mar 2011 | TFLIX vs FRFZX |
Top Performing TFLIX Alternatives (YTD)
TFLIX is at 1.63% YTD. There are 14 mutual funds in the Bank Loan category with higher YTD returns, going as high as 3.22%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Victory Floating Rate Fund | 3.22% | — | Dec 2009 | TFLIX vs RSFYX | |
| Federated Hermes Project and Trade Finance Tender ... | 2.83% | — | Jan 2017 | TFLIX vs XPTFX | |
| Virtus Seix Floating Rate High Income Fund | 2.69% | — | Feb 2006 | TFLIX vs SAMBX | |
| PGIM Floating Rate Income Fund | 2.29% | — | Mar 2011 | TFLIX vs FRFZX | |
| Calamos Aksia Alternative Credit and Income Fund C... | 2.19% | — | Jun 2023 | TFLIX vs CAPIX |
Lowest Volatility Alternatives to TFLIX
TFLIX has 2.49% 1-year volatility. There are 34 mutual funds in the Bank Loan category with lower 1-year volatility, going as low as 0.77%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| RiverPark Floating Rate CMBS Fund | 0.77% | — | Sep 2016 | TFLIX vs RCRIX | |
| Payden Floating Rate Fund | 1.23% | — | Nov 2013 | TFLIX vs PYFRX | |
| BNY Mellon Floating Rate Income Fund | 1.34% | — | Sep 2013 | TFLIX vs DFLYX | |
| Shenkman Capital Floating Rate High Income Fund | 1.65% | — | Oct 2014 | TFLIX vs SFHIX | |
| Donoghue Forlines Risk Managed Income Fund | 1.66% | — | Dec 2017 | TFLIX vs FLOTX |
Lowest Drawdown Alternatives to TFLIX
TFLIX has a 1-year max drawdown of -0.93%. There are 5 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 | |
|---|---|---|---|---|---|
| RiverPark Floating Rate CMBS Fund | -0.19% | — | Sep 2016 | TFLIX vs RCRIX | |
| Virtus Seix Floating Rate High Income Fund | -0.78% | — | Feb 2006 | TFLIX vs SAMBX | |
| PGIM Floating Rate Income Fund | -0.85% | — | Mar 2011 | TFLIX vs FRFZX | |
| Calvert Floating-Rate Advantage Fund | -0.88% | — | Oct 2017 | TFLIX vs CFOIX | |
| Virtus Newfleet Senior Floating Rate Fund | -0.88% | — | Jan 2008 | TFLIX vs PSFIX |
Other Mutual Funds from Transamerica
The 10 most viewed Transamerica mutual funds shown here include TADAX, IAAAX, TISVX and span 7 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Transamerica US Growth | Large Cap Growth Equities | 31 | 10.15% | — | Nov 2009 | TFLIX vs TADAX | |
| Transamerica Asset Allocation Growth Portfolio Fun... | Diversified Portfolio | 53 | 10.35% | — | Feb 2002 | TFLIX vs IAAAX | |
| Transamerica International Small Cap Value | Foreign Small & Mid Cap Equities | 18 | 9.29% | — | Jan 2013 | TFLIX vs TISVX | |
| Transamerica Capital Growth Fund | Large Cap Growth Equities | 4 | 0.98% | — | Mar 1999 | TFLIX vs IALAX | |
| Transamerica Asset Allocation Moderate Growth Port... | Diversified Portfolio | 54 | 7.58% | — | Feb 2002 | TFLIX vs IMLAX | |
| Transamerica High Yield Muni | High Yield Muni | 62 | 2.46% | — | Jul 2013 | TFLIX vs THYIX | |
| Transamerica Emerging Markets Debt Fund | Emerging Markets Bonds | 87 | 4.79% | — | Aug 2011 | TFLIX vs EMTIX | |
| Transamerica Large Value Opportunities | Large Cap Value Equities | 31 | 7.78% | — | Sep 2000 | TFLIX vs TLOFX | |
| Transamerica Asset Allocation Moderate Portfolio F... | Diversified Portfolio | 55 | 5.63% | — | Feb 2002 | TFLIX vs IMOAX | |
| Transamerica International Equity | Foreign Large Cap Equities | 35 | 12.64% | — | Dec 1992 | TFLIX vs TSWIX |
Often Compared With TFLIX
Investors most often compare TFLIX with VINIX, IIVAX, TSLTX. These 10 comparison targets span 4 categories, based on PortfoliosLab usage data.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Vanguard Institutional Index Fund Institutional Sh... | Large Cap Blend Equities | 73 | 11.69% | 342.00B | Jul 1990 | TFLIX vs VINIX | |
| Transamerica Small/Mid Cap Value Fund | Mid Cap Value Equities | 45 | 10.90% | — | Apr 2001 | TFLIX vs IIVAX | |
| Transamerica Small Cap Value | Small Cap Value Equities | 86 | 21.86% | — | Jan 2003 | TFLIX vs TSLTX | |
| BlackRock Floating Rate Income Trust | Bank Loan | 2 | -0.49% | — | Aug 2004 | TFLIX vs BGT | |
| Delaware Floating Rate Fund | Bank Loan | 94 | 1.89% | — | Feb 2010 | TFLIX vs DDFLX | |
| BlackRock Debt Strategies Fund, Inc. | Bank Loan | 6 | 0.34% | — | Nov 1998 | TFLIX vs DSU | |
| Pacific Funds Floating Rate Income | Bank Loan | 82 | 1.32% | — | Jun 2011 | TFLIX vs PLFRX | |
| Federated Hermes Floating Rate Strat Inc Fund | Bank Loan | 84 | 1.02% | — | Dec 2010 | TFLIX vs FFRSX | |
| DWS Floating Rate Fund | Bank Loan | — | — | — | Jun 2007 | TFLIX vs DFRTX | |
| Pioneer Floating Rate Fund | Bank Loan | 82 | 1.75% | — | Feb 2007 | TFLIX vs FLYRX |
Compare TFLIX with Any Fund or Stock
Compare TFLIX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair TFLIX with funds that move differently
Transamerica Floating Rate Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to TFLIX.
Explore TFLIX Diversifiers