Federated Hermes Project and Trade Finance Tender Fund (XPTFX) 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 XPTFX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to XPTFX
XPTFX charges 0.41% annually. No mutual funds in the Bank Loan category have lower expense ratios; the lowest-cost alternatives shown here go as low as 0.47%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Eaton Vance Floating-Rate Advantage Fund | 0.47% | — | Mar 2008 | XPTFX vs EIFAX | |
| Shenkman Capital Floating Rate High Income Fund | 0.54% | — | Oct 2014 | XPTFX vs SFHIX | |
| T. Rowe Price Institutional Floating Rate Fund | 0.57% | — | Jan 2008 | XPTFX vs RPIFX | |
| Lord Abbett Floating Rate Fund | 0.60% | — | Dec 2007 | XPTFX vs LFRIX | |
| T. Rowe Price Floating Rate Fund Class I | 0.63% | — | Nov 2016 | XPTFX vs TFAIX |
Best Risk-Adjusted Alternatives to XPTFX
XPTFX has a PortfoliosLab risk / return rank of 92. There are 8 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 | XPTFX vs CCLFX | |
| RiverPark Floating Rate CMBS Fund | 99 | — | Sep 2016 | XPTFX vs RCRIX | |
| Calamos Aksia Alternative Credit and Income Fund C... | 99 | — | Jun 2023 | XPTFX vs CAPIX | |
| Payden Floating Rate Fund | 98 | — | Nov 2013 | XPTFX vs PYFRX | |
| Virtus Seix Floating Rate High Income Fund | 97 | — | Feb 2006 | XPTFX vs SAMBX |
Top Performing XPTFX Alternatives (YTD)
XPTFX is at 3.95% YTD. No mutual funds in the Bank Loan category have higher YTD returns; the top-performing alternatives shown here go as high as 3.28%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Cliffwater Corporate Lending Fund Class I Shares | 3.28% | — | Jun 2019 | XPTFX vs CCLFX | |
| Calamos Aksia Alternative Credit and Income Fund C... | 3.26% | — | Jun 2023 | XPTFX vs CAPIX | |
| Virtus Seix Floating Rate High Income Fund | 2.89% | — | Feb 2006 | XPTFX vs SAMBX | |
| Victory Floating Rate Fund | 2.83% | — | Dec 2009 | XPTFX vs RSFYX | |
| BlackRock Floating Rate Income Trust | 2.82% | — | Aug 2004 | XPTFX vs BGT |
Lowest Volatility Alternatives to XPTFX
XPTFX has 2.93% 1-year volatility. There are 47 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 | XPTFX vs CCLFX | |
| RiverPark Floating Rate CMBS Fund | 0.89% | — | Sep 2016 | XPTFX vs RCRIX | |
| Payden Floating Rate Fund | 1.25% | — | Nov 2013 | XPTFX vs PYFRX | |
| BNY Mellon Floating Rate Income Fund | 1.35% | — | Sep 2013 | XPTFX vs DFLYX | |
| Donoghue Forlines Risk Managed Income Fund | 1.68% | — | Dec 2017 | XPTFX vs FLOTX |
Lowest Drawdown Alternatives to XPTFX
XPTFX has a 1-year max drawdown of -1.96%. There are 44 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 | XPTFX vs CCLFX | |
| RiverPark Floating Rate CMBS Fund | -0.45% | — | Sep 2016 | XPTFX vs RCRIX | |
| Virtus Seix Floating Rate High Income Fund | -0.78% | — | Feb 2006 | XPTFX vs SAMBX | |
| PGIM Floating Rate Income Fund | -0.85% | — | Mar 2011 | XPTFX vs FRFZX | |
| Virtus Newfleet Senior Floating Rate Fund | -0.88% | — | Jan 2008 | XPTFX vs PSFIX |
Other Mutual Funds from Federated
The 10 most viewed Federated mutual funds shown here include SVAIX, QILGX, QAMNX and span 7 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Federated Hermes Strategic Value Dividend Fund | Large Cap Value Equities | 95 | 15.54% | — | Mar 2005 | XPTFX vs SVAIX | |
| Federated Hermes MDT Large Cap Growth Fund | Large Cap Growth Equities | 13 | 2.79% | — | Sep 2005 | XPTFX vs QILGX | |
| Federated Hermes MDT Market Neutral A | Long-Short | 43 | 4.89% | — | Sep 2008 | XPTFX vs QAMNX | |
| Federated Hermes MDT All Cap Core Fund | Large Cap Blend Equities | 46 | 8.82% | — | Oct 2002 | XPTFX vs QIACX | |
| Federated Hermes Kaufmann Fd | Mid Cap Growth Equities | 12 | 8.01% | — | Feb 1986 | XPTFX vs KAUFX | |
| Federated Hermes High-Yield Strategy Portfolio | High Yield Bonds | 60 | 0.87% | — | Dec 2008 | XPTFX vs FHYSX | |
| Federated Hermes MDT Mid Cap Growth Fund | Mid Cap Growth Equities | 3 | -0.99% | — | Aug 1984 | XPTFX vs FGSAX | |
| Federated Hermes Opportunistic High Yield Bond Fun... | High Yield Bonds | 45 | 1.32% | — | Aug 1984 | XPTFX vs FHYTX | |
| Federated Hermes Institutional High Yield Bond Fun... | High Yield Bonds | 49 | 0.74% | — | Nov 2002 | XPTFX vs FIHBX | |
| Federated Hermes Prudent Bear Fd | Inverse Equities | 0 | -6.86% | — | Dec 1995 | XPTFX vs BEARX |
Often Compared With XPTFX
Investors most often compare XPTFX with CDX, BFRAX, XPRTX. These 20 comparison targets span 2 categories, based on PortfoliosLab usage data.
Compare XPTFX with Any Fund or Stock
Compare XPTFX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair XPTFX with funds that move differently
Federated Hermes Project and Trade Finance Tender Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to XPTFX.
Explore XPTFX Diversifiers