Invesco Senior Loan Fund Class A (VSLAX) 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 VSLAX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to VSLAX
VSLAX charges 1.70% annually. There are 55 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 | VSLAX vs XPTFX | |
| Eaton Vance Floating-Rate Advantage Fund | 0.47% | — | Mar 2008 | VSLAX vs EIFAX | |
| Shenkman Capital Floating Rate High Income Fund | 0.54% | — | Oct 2014 | VSLAX vs SFHIX | |
| T. Rowe Price Institutional Floating Rate Fund | 0.57% | — | Jan 2008 | VSLAX vs RPIFX | |
| Lord Abbett Floating Rate Fund | 0.60% | — | Dec 2007 | VSLAX vs LFRIX |
Best Risk-Adjusted Alternatives to VSLAX
VSLAX has a PortfoliosLab risk / return rank of 2. There are 59 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 | VSLAX vs CCLFX | |
| RiverPark Floating Rate CMBS Fund | 99 | — | Sep 2016 | VSLAX vs RCRIX | |
| Calamos Aksia Alternative Credit and Income Fund C... | 99 | — | Jun 2023 | VSLAX vs CAPIX | |
| Payden Floating Rate Fund | 98 | — | Nov 2013 | VSLAX vs PYFRX | |
| Virtus Seix Floating Rate High Income Fund | 97 | — | Feb 2006 | VSLAX vs SAMBX |
Top Performing VSLAX Alternatives (YTD)
VSLAX is at -0.77% YTD. There are 61 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 | VSLAX vs XPTFX | |
| Cliffwater Corporate Lending Fund Class I Shares | 3.28% | — | Jun 2019 | VSLAX vs CCLFX | |
| Calamos Aksia Alternative Credit and Income Fund C... | 3.26% | — | Jun 2023 | VSLAX vs CAPIX | |
| Virtus Seix Floating Rate High Income Fund | 2.89% | — | Feb 2006 | VSLAX vs SAMBX | |
| Victory Floating Rate Fund | 2.83% | — | Dec 2009 | VSLAX vs RSFYX |
Lowest Volatility Alternatives to VSLAX
VSLAX has 3.25% 1-year volatility. There are 55 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 | VSLAX vs CCLFX | |
| RiverPark Floating Rate CMBS Fund | 0.89% | — | Sep 2016 | VSLAX vs RCRIX | |
| Payden Floating Rate Fund | 1.25% | — | Nov 2013 | VSLAX vs PYFRX | |
| BNY Mellon Floating Rate Income Fund | 1.35% | — | Sep 2013 | VSLAX vs DFLYX | |
| Donoghue Forlines Risk Managed Income Fund | 1.68% | — | Dec 2017 | VSLAX vs FLOTX |
Lowest Drawdown Alternatives to VSLAX
VSLAX has a 1-year max drawdown of -3.41%. There are 57 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 | VSLAX vs CCLFX | |
| RiverPark Floating Rate CMBS Fund | -0.45% | — | Sep 2016 | VSLAX vs RCRIX | |
| Virtus Seix Floating Rate High Income Fund | -0.78% | — | Feb 2006 | VSLAX vs SAMBX | |
| PGIM Floating Rate Income Fund | -0.85% | — | Mar 2011 | VSLAX vs FRFZX | |
| Virtus Newfleet Senior Floating Rate Fund | -0.88% | — | Jan 2008 | VSLAX vs PSFIX |
Other Mutual Funds from Invesco
The 10 most viewed Invesco mutual funds shown here include IVNQX, VADAX, OPGSX and span 9 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Invesco Nasdaq 100 Index Fund | Large Cap Growth Equities | 36 | 12.16% | — | Oct 2020 | VSLAX vs IVNQX | |
| Invesco Equally-Weighted S&P 500 Fund Class A | Large Cap Blend Equities | 65 | 12.90% | — | Jul 1997 | VSLAX vs VADAX | |
| Invesco Gold & Special Minerals Fund | Gold, Precious Metals | 27 | -11.62% | — | Jul 1983 | VSLAX vs OPGSX | |
| Invesco American Franchise Fund Class A | Large Cap Growth Equities | 8 | 3.77% | — | Jun 2005 | VSLAX vs VAFAX | |
| Invesco Value Opportunities Fund | Mid Cap Value Equities | 70 | 14.99% | — | Jun 2001 | VSLAX vs VVOAX | |
| Invesco Comstock Fund | Large Cap Value Equities | 84 | 13.00% | — | Oct 1968 | VSLAX vs ACSTX | |
| Invesco Small Cap Value Fund | Small Cap Value Equities | 76 | 22.92% | — | Jun 1999 | VSLAX vs VSCAX | |
| Invesco Main Street Fund | Large Cap Blend Equities | 32 | 6.96% | — | Feb 1988 | VSLAX vs MSIGX | |
| Invesco Equity and Income Fund | Diversified Portfolio | 76 | 7.85% | — | Aug 1960 | VSLAX vs ACEIX | |
| Invesco Equally-Weighted S&P 500 Fund | S&P 500 | 66 | 13.07% | — | Jul 1997 | VSLAX vs VADDX |
Often Compared With VSLAX
Investors most often compare VSLAX with DAFRX, CHIAX, CFOIX. These 8 comparison targets span 2 categories, based on PortfoliosLab usage data.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Dunham Floating Rate Bond Fund | Bank Loan | 56 | 1.75% | — | Oct 2013 | VSLAX vs DAFRX | |
| Credit Suisse Floating Rate High Income Fund | Bank Loan | 42 | 2.02% | — | Mar 1999 | VSLAX vs CHIAX | |
| Calvert Floating-Rate Advantage Fund | Bank Loan | — | — | — | Oct 2017 | VSLAX vs CFOIX | |
| Invesco Global Fund | Global Equities | 15 | 3.45% | — | Dec 1969 | VSLAX vs OPPAX | |
| Nuveen Credit Strategies Income Fund | Bank Loan | 3 | 2.40% | — | Jun 2003 | VSLAX vs JQC | |
| BlackRock Floating Rate Income Trust | Bank Loan | 2 | 2.82% | — | Aug 2004 | VSLAX vs BGT | |
| Delaware Floating Rate Fund | Bank Loan | 94 | 2.18% | — | Feb 2010 | VSLAX vs DDFLX | |
| Transamerica Floating Rate Fund | Bank Loan | 80 | 1.77% | — | Oct 2013 | VSLAX vs TFLIX |
Compare VSLAX with Any Fund or Stock
Compare VSLAX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair VSLAX with funds that move differently
Invesco Senior Loan Fund Class A alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to VSLAX.
Explore VSLAX Diversifiers