Advertiser Disclosure

Best Mutual Funds: Top Performing Bank Loan Funds

April 3, 2013
Investing, Investments
Many or all of the products featured here are from our partners who compensate us. This may influence which products we write about and where and how the product appears on a page. However, this does not influence our evaluations. Our opinions are our own.

NerdWallet examined all 7,000+ mutual funds that were in existence for the full decade ending December 31, 2012.  Below are the top performing bank loan funds of that ten year time period.  Past performance is not necessarily indicative of future results.

Fund Name Symbol Annual Return Annual Volatility Assets Under Management Expense Ratio
Credit Suisse Floating Rate High Income CHIAX 4.44% 12%  496,651,439 0.20%
Fidelity Floating Rate High Income FFRHX 3.12% 7%  10,698,719,780 0.71%
Eaton Vance Floating-Rate & High Income EAFHX 3.01% 12%  1,196,020,173 1.07%
Eaton Vance Floating Rate EABLX 2.52% 11%  8,144,136,696 1.02%
Invesco Senior Loan XPRTX 2.23% 17%  1,236,840,065 1.47%
Franklin Floating Rate Daily Access FAFRX 2.04% 9%  2,455,970,304 0.90%
SunAmerica Senior Floating Rate NFRCX 2.02% 15%  342,236,997 1.75%
Fidelity Advisor Floating Rate High Income FFRTX 1.98% 7%  10,698,719,780 1.09%

Ready to invest?  Set up an account with one of these popular companies that allow you to purchase mutual funds across many top fund families:

  • TD Ameritrade – Offers hundreds of no-transaction fee funds from leading fund families and provides a complete mutual fund analysis toolbox including mutual fund screeners and Morningstar Instant X-Ray.
  • E*trade – Offers more than 1,300 no-load, no-transaction fee mutual funds.  An account also gains you access to E*trade’s award winning investment analysis platform and research.
  • Scottrade – Access to 14,500+ mutual funds, one of the largest selections available to investors anywhere.