APHFX vs. PRFRX
Compare and contrast key facts about Artisan High Income Fund Class I (APHFX) and T. Rowe Price Floating Rate Fund (PRFRX).
APHFX is an actively managed fund by Artisan. It was launched on Oct 3, 2016. PRFRX is managed by T. Rowe Price. It was launched on Jul 29, 2011.
Performance
APHFX vs. PRFRX - Performance Comparison
Loading graphics...
APHFX vs. PRFRX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
APHFX Artisan High Income Fund Class I | -1.94% | 8.43% | 8.60% | 13.77% | -10.93% | 4.09% | 10.22% | 14.26% | -1.32% | 8.85% |
PRFRX T. Rowe Price Floating Rate Fund | -0.06% | 13.09% | 8.80% | 13.78% | -1.95% | 4.60% | 1.75% | 8.46% | -0.08% | 3.38% |
Returns By Period
In the year-to-date period, APHFX achieves a -1.94% return, which is significantly lower than PRFRX's -0.06% return.
APHFX
- 1D
- 0.11%
- 1M
- -2.09%
- YTD
- -1.94%
- 6M
- -0.84%
- 1Y
- 5.13%
- 3Y*
- 7.78%
- 5Y*
- 3.53%
- 10Y*
- —
PRFRX
- 1D
- 0.00%
- 1M
- -0.11%
- YTD
- -0.06%
- 6M
- 3.35%
- 1Y
- 11.72%
- 3Y*
- 10.22%
- 5Y*
- 7.18%
- 10Y*
- 5.66%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
APHFX vs. PRFRX - Expense Ratio Comparison
APHFX has a 0.71% expense ratio, which is lower than PRFRX's 0.75% expense ratio.
Return for Risk
APHFX vs. PRFRX — Risk / Return Rank
APHFX
PRFRX
APHFX vs. PRFRX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Artisan High Income Fund Class I (APHFX) and T. Rowe Price Floating Rate Fund (PRFRX). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
| APHFX | PRFRX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.66 | 3.66 | -2.00 |
Sortino ratioReturn per unit of downside risk | 2.50 | 7.34 | -4.84 |
Omega ratioGain probability vs. loss probability | 1.40 | 2.39 | -0.98 |
Calmar ratioReturn relative to maximum drawdown | 1.86 | 5.81 | -3.95 |
Martin ratioReturn relative to average drawdown | 7.17 | 28.10 | -20.93 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| APHFX | PRFRX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.66 | 3.66 | -2.00 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.73 | 2.48 | -1.75 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 1.45 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.05 | 1.43 | -0.38 |
Correlation
The correlation between APHFX and PRFRX is 0.59, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Dividends
APHFX vs. PRFRX - Dividend Comparison
APHFX's dividend yield for the trailing twelve months is around 6.62%, less than PRFRX's 12.94% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
APHFX Artisan High Income Fund Class I | 6.62% | 6.96% | 7.39% | 5.56% | 5.83% | 5.50% | 6.01% | 6.44% | 7.25% | 7.96% | 0.00% | 0.00% |
PRFRX T. Rowe Price Floating Rate Fund | 12.94% | 12.91% | 8.17% | 9.57% | 4.03% | 3.86% | 4.00% | 4.84% | 4.87% | 4.04% | 4.07% | 4.07% |
Drawdowns
APHFX vs. PRFRX - Drawdown Comparison
The maximum APHFX drawdown since its inception was -21.51%, which is greater than PRFRX's maximum drawdown of -20.05%. Use the drawdown chart below to compare losses from any high point for APHFX and PRFRX.
Loading graphics...
Drawdown Indicators
| APHFX | PRFRX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -21.51% | -20.05% | -1.46% |
Max Drawdown (1Y)Largest decline over 1 year | -2.76% | -2.07% | -0.69% |
Max Drawdown (5Y)Largest decline over 5 years | -14.80% | -5.94% | -8.86% |
Max Drawdown (10Y)Largest decline over 10 years | — | -20.05% | — |
Current DrawdownCurrent decline from peak | -2.63% | -0.64% | -1.99% |
Average DrawdownAverage peak-to-trough decline | -2.54% | -0.69% | -1.85% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.71% | 0.43% | +0.28% |
Volatility
APHFX vs. PRFRX - Volatility Comparison
Artisan High Income Fund Class I (APHFX) has a higher volatility of 1.07% compared to T. Rowe Price Floating Rate Fund (PRFRX) at 0.74%. This indicates that APHFX's price experiences larger fluctuations and is considered to be riskier than PRFRX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| APHFX | PRFRX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.07% | 0.74% | +0.33% |
Volatility (6M)Calculated over the trailing 6-month period | 2.01% | 2.18% | -0.17% |
Volatility (1Y)Calculated over the trailing 1-year period | 3.40% | 3.34% | +0.06% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 4.87% | 2.91% | +1.96% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 5.33% | 3.92% | +1.41% |