PLFRX vs. FJSYX

Last updated Jun 23, 2026

PLFRX (Pacific Funds Floating Rate Income) and FJSYX (Nuveen Credit Income Fund) are both mutual funds - PLFRX is a Bank Loan fund managed by Pacific Funds Series Trust, while FJSYX is a High Yield Bonds fund managed by Nuveen. Over the past 10 years, PLFRX returned 5.08%/yr vs 6.05%/yr for FJSYX. At a 0.50 correlation, their price movements are largely independent. PLFRX charges 0.68%/yr vs 0.75%/yr for FJSYX.

Performance

PLFRX vs. FJSYX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Pacific Funds Floating Rate Income (PLFRX) and Nuveen Credit Income Fund (FJSYX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, PLFRX achieves a 0.99% return, which is significantly lower than FJSYX's 1.50% return. Over the past 10 years, PLFRX has underperformed FJSYX with an annualized return of 5.08%, while FJSYX has yielded a comparatively higher 6.05% annualized return.

PLFRX

• 1D: 0.00%
• 1M: 0.12%
• YTD: 0.99%
• 6M: 1.61%
• 1Y: 5.81%
• 3Y*: 7.99%
• 5Y*: 5.81%
• 10Y*: 5.08%

FJSYX

• 1D: 0.00%
• 1M: 0.86%
• YTD: 1.50%
• 6M: 2.10%
• 1Y: 7.35%
• 3Y*: 10.11%
• 5Y*: 4.93%
• 10Y*: 6.05%

*Multi-year figures are annualized to reflect compound growth (CAGR)

PLFRX vs. FJSYX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
PLFRX Pacific Funds Floating Rate Income	0.99%	6.68%	8.38%	13.94%	-2.01%	4.36%	1.26%	8.30%	0.39%	4.33%
FJSYX Nuveen Credit Income Fund	1.50%	8.21%	11.55%	13.62%	-10.00%	4.81%	1.43%	16.84%	-4.44%	7.57%

Correlation

The correlation between PLFRX and FJSYX is 0.51, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.51
Correlation (3Y) Calculated over the trailing 3-year period	0.47
Correlation (5Y) Calculated over the trailing 5-year period	0.53
Correlation (10Y) Calculated over the trailing 10-year period	0.49
Correlation (All Time) Calculated using the full available price history since Jul 1, 2011	0.50

The correlation between PLFRX and FJSYX has been stable across timeframes, ranging from 0.47 to 0.53 - a consistent structural relationship.

Return for Risk

PLFRX vs. FJSYX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

PLFRX

PLFRX Risk / Return Rank: 82
PLFRX Sharpe Ratio Rank: 77
PLFRX Sortino Ratio Rank: 97
PLFRX Omega Ratio Rank: 96
PLFRX Calmar Ratio Rank: 78
PLFRX Martin Ratio Rank: 62

FJSYX

FJSYX Risk / Return Rank: 88
FJSYX Sharpe Ratio Rank: 85
FJSYX Sortino Ratio Rank: 95
FJSYX Omega Ratio Rank: 94
FJSYX Calmar Ratio Rank: 78
FJSYX Martin Ratio Rank: 87

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

PLFRX vs. FJSYX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Pacific Funds Floating Rate Income (PLFRX) and Nuveen Credit Income Fund (FJSYX). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	PLFRX	FJSYX	Difference
Sharpe ratio: Return per unit of total volatility	2.35	2.55	-0.19
Sortino ratio: Return per unit of downside risk	5.25	4.68	+0.57
Omega ratio: Gain probability vs. loss probability	1.80	1.71	+0.09
Calmar ratio: Return relative to maximum drawdown	3.37	3.37	0.00
Martin ratio: Return relative to average drawdown	11.48	15.37	-3.89

PLFRX vs. FJSYX - Sharpe Ratio Comparison

The current PLFRX Sharpe Ratio is 2.35, which is comparable to the FJSYX Sharpe Ratio of 2.55. The chart below compares the historical Sharpe Ratios of PLFRX and FJSYX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

PLFRX vs. FJSYX - Drawdown Comparison

The maximum PLFRX drawdown since its inception was -18.75%, smaller than the maximum FJSYX drawdown of -36.44%. Use the drawdown chart below to compare losses from any high point for PLFRX and FJSYX.

Drawdown Indicators

	PLFRX	FJSYX	Difference
Max Drawdown Largest peak-to-trough decline	-18.75%	-36.44%	+17.69%
Max Drawdown (1Y) Largest decline over 1 year	-1.73%	-2.25%	+0.52%
Max Drawdown (3Y) Largest decline over 3 years	-2.17%	-3.71%	+1.54%
Max Drawdown (5Y) Largest decline over 5 years	-6.44%	-14.28%	+7.84%
Max Drawdown (10Y) Largest decline over 10 years	-18.75%	-25.66%	+6.91%
Current Drawdown Current decline from peak	-0.32%	-0.15%	-0.17%
Average Drawdown Average peak-to-trough decline	-0.73%	-4.18%	+3.45%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.51%	0.49%	+0.02%

Volatility

PLFRX vs. FJSYX - Volatility Comparison

The current volatility for Pacific Funds Floating Rate Income (PLFRX) is 0.64%, while Nuveen Credit Income Fund (FJSYX) has a volatility of 0.93%. This indicates that PLFRX experiences smaller price fluctuations and is considered to be less risky than FJSYX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	PLFRX	FJSYX	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.64%	0.93%	-0.29%
Volatility (6M) Calculated over the trailing 6-month period	1.89%	2.20%	-0.31%
Volatility (1Y) Calculated over the trailing 1-year period	2.48%	2.98%	-0.50%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	2.79%	4.34%	-1.55%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	3.77%	5.81%	-2.04%

PLFRX vs. FJSYX - Expense Ratio Comparison

PLFRX has a 0.68% expense ratio, which is lower than FJSYX's 0.75% expense ratio.

Dividends

PLFRX vs. FJSYX - Dividend Comparison

PLFRX's dividend yield for the trailing twelve months is around 7.10%, more than FJSYX's 6.81% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FJSYX Nuveen Credit Income Fund	6.81%	8.29%	8.42%	7.32%	6.12%	4.71%	4.73%	6.17%	7.83%	7.07%	7.09%	8.07%
PLFRX Pacific Funds Floating Rate Income	7.10%	7.18%	8.47%	8.92%	4.39%	3.65%	3.68%	5.10%	5.03%	4.46%	4.21%	4.52%

Frequently Asked Questions

Can I hold both PLFRX and FJSYX in my portfolio?

PLFRX and FJSYX have a correlation of 0.51, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, PLFRX or FJSYX?

FJSYX has higher volatility (0.93%) compared to PLFRX (0.64%). In terms of maximum drawdown, PLFRX dropped -18.75% vs FJSYX's -36.44%.

Which has better risk-adjusted returns?

FJSYX currently has the higher Sharpe Ratio (2.55 vs 2.35), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.