CIF vs. PRFRX
Compare and contrast key facts about MFS Intermediate High Income Fund (CIF) and T. Rowe Price Floating Rate Fund (PRFRX).
CIF is a passively managed fund by MFS that tracks the performance of the Barclays U.S. High-Yield Corporate 2% Issuer Capped Index. It was launched on Jul 21, 1988. PRFRX is managed by T. Rowe Price. It was launched on Jul 29, 2011.
Performance
CIF vs. PRFRX - Performance Comparison
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CIF vs. PRFRX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
CIF MFS Intermediate High Income Fund | -2.21% | 8.97% | 11.42% | 11.85% | -32.24% | 17.80% | 0.27% | 43.26% | -19.93% | 25.66% |
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% | 3.48% |
Returns By Period
In the year-to-date period, CIF achieves a -2.21% return, which is significantly lower than PRFRX's -0.06% return. Over the past 10 years, CIF has outperformed PRFRX with an annualized return of 6.17%, while PRFRX has yielded a comparatively lower 5.66% annualized return.
CIF
- 1D
- 2.85%
- 1M
- -3.86%
- YTD
- -2.21%
- 6M
- -3.39%
- 1Y
- 5.09%
- 3Y*
- 9.56%
- 5Y*
- 0.78%
- 10Y*
- 6.17%
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%
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CIF vs. PRFRX - Expense Ratio Comparison
CIF has a 1.50% expense ratio, which is higher than PRFRX's 0.75% expense ratio.
Return for Risk
CIF vs. PRFRX — Risk / Return Rank
CIF
PRFRX
CIF vs. PRFRX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for MFS Intermediate High Income Fund (CIF) 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.
| CIF | PRFRX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.38 | 3.66 | -3.27 |
Sortino ratioReturn per unit of downside risk | 0.60 | 7.34 | -6.73 |
Omega ratioGain probability vs. loss probability | 1.09 | 2.39 | -1.30 |
Calmar ratioReturn relative to maximum drawdown | 0.51 | 5.81 | -5.30 |
Martin ratioReturn relative to average drawdown | 1.92 | 28.10 | -26.18 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| CIF | PRFRX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.38 | 3.66 | -3.27 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.05 | 2.48 | -2.44 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.32 | 1.45 | -1.13 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.16 | 1.43 | -1.27 |
Correlation
The correlation between CIF and PRFRX is 0.25, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Dividends
CIF vs. PRFRX - Dividend Comparison
CIF's dividend yield for the trailing twelve months is around 10.96%, less than PRFRX's 12.94% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CIF MFS Intermediate High Income Fund | 10.96% | 10.46% | 10.23% | 10.02% | 11.22% | 8.40% | 9.01% | 8.63% | 11.71% | 9.16% | 9.91% | 10.05% |
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
CIF vs. PRFRX - Drawdown Comparison
The maximum CIF drawdown since its inception was -69.23%, which is greater than PRFRX's maximum drawdown of -20.05%. Use the drawdown chart below to compare losses from any high point for CIF and PRFRX.
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Drawdown Indicators
| CIF | PRFRX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -69.23% | -20.05% | -49.18% |
Max Drawdown (1Y)Largest decline over 1 year | -9.68% | -2.07% | -7.61% |
Max Drawdown (5Y)Largest decline over 5 years | -44.92% | -5.94% | -38.98% |
Max Drawdown (10Y)Largest decline over 10 years | -45.24% | -20.05% | -25.19% |
Current DrawdownCurrent decline from peak | -23.30% | -0.64% | -22.66% |
Average DrawdownAverage peak-to-trough decline | -17.80% | -0.69% | -17.11% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.65% | 0.43% | +2.22% |
Volatility
CIF vs. PRFRX - Volatility Comparison
MFS Intermediate High Income Fund (CIF) has a higher volatility of 5.35% compared to T. Rowe Price Floating Rate Fund (PRFRX) at 0.74%. This indicates that CIF'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.
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Volatility by Period
| CIF | PRFRX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.35% | 0.74% | +4.61% |
Volatility (6M)Calculated over the trailing 6-month period | 7.87% | 2.18% | +5.69% |
Volatility (1Y)Calculated over the trailing 1-year period | 13.40% | 3.34% | +10.06% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.85% | 2.91% | +13.94% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 19.43% | 3.92% | +15.51% |