BFRNX vs. PRFRX
Compare and contrast key facts about Barrow Hanley Floating Rate Fund (BFRNX) and T. Rowe Price Floating Rate Fund (PRFRX).
BFRNX is managed by Perpetual Funds. It was launched on Apr 11, 2022. PRFRX is managed by T. Rowe Price. It was launched on Jul 29, 2011.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: BFRNX or PRFRX.
Key characteristics
| BFRNX | PRFRX | |
|---|---|---|
| YTD Return | 6.89% | 5.72% |
| 1Y Return | 10.70% | 9.34% |
| Sharpe Ratio | 7.89 | 3.48 |
| Daily Std Dev | 1.36% | 2.69% |
| Max Drawdown | -4.91% | -20.05% |
| Current Drawdown | 0.00% | -0.11% |
Correlation
The correlation between BFRNX and PRFRX is 0.60, 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.
Performance
BFRNX vs. PRFRX - Performance Comparison
In the year-to-date period, BFRNX achieves a 6.89% return, which is significantly higher than PRFRX's 5.72% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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BFRNX vs. PRFRX - Expense Ratio Comparison
BFRNX has a 1.02% expense ratio, which is higher than PRFRX's 0.75% expense ratio.
Risk-Adjusted Performance
BFRNX vs. PRFRX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Barrow Hanley Floating Rate Fund (BFRNX) 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.
Dividends
BFRNX vs. PRFRX - Dividend Comparison
BFRNX's dividend yield for the trailing twelve months is around 9.46%, more than PRFRX's 8.56% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BFRNX Barrow Hanley Floating Rate Fund | 9.46% | 9.61% | 5.07% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
PRFRX T. Rowe Price Floating Rate Fund | 8.56% | 8.33% | 5.32% | 3.87% | 4.00% | 4.84% | 4.86% | 4.04% | 4.08% | 4.08% | 3.95% | 3.65% |
Drawdowns
BFRNX vs. PRFRX - Drawdown Comparison
The maximum BFRNX drawdown since its inception was -4.91%, smaller than the maximum PRFRX drawdown of -20.05%. Use the drawdown chart below to compare losses from any high point for BFRNX and PRFRX. For additional features, visit the drawdowns tool.
Volatility
BFRNX vs. PRFRX - Volatility Comparison
The current volatility for Barrow Hanley Floating Rate Fund (BFRNX) is 0.31%, while T. Rowe Price Floating Rate Fund (PRFRX) has a volatility of 0.77%. This indicates that BFRNX experiences smaller price fluctuations and is considered to be less risky than PRFRX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.