Thrivent Opportunity Income Plus Fund (AAINX) belongs to the Multisector Bonds category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with AAINX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to AAINX
AAINX charges 0.88% annually. There are 47 mutual funds in the Multisector Bonds category with lower expense ratios, going as low as 0.05%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Doubleline Selective Credit Fund | 0.05% | — | Aug 2014 | AAINX vs DBSCX | |
| Vanguard Multi-Sector Income Bond Fund Admiral Sha... | 0.30% | — | Oct 2021 | AAINX vs VMSAX | |
| JPMorgan Income Fund Class I | 0.40% | — | Jun 2014 | AAINX vs JMSIX | |
| Boyd Watterson Limited Duration Enhanced Income Fu... | 0.40% | — | Jul 2016 | AAINX vs BWDTX | |
| Mercer Opportunistic Fixed Income Fund | 0.44% | — | Aug 2013 | AAINX vs MOFIX |
Best Risk-Adjusted Alternatives to AAINX
AAINX has a PortfoliosLab risk / return rank of 70. There are 26 mutual funds in the Multisector Bonds category with higher risk-adjusted ranks, going as high as 99.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Nationwide Amundi Strategic Income Fund | 99 | — | Nov 2015 | AAINX vs NWXHX | |
| Nationwide Strategic Income A | 99 | — | Nov 2015 | AAINX vs NWXEX | |
| Rational Special Situations Income Fund | 98 | — | Jul 2019 | AAINX vs RFXIX | |
| Boyd Watterson Limited Duration Enhanced Income Fu... | 98 | — | Jul 2016 | AAINX vs BWDTX | |
| Oaktree Diversified Income Fund Inc. Class D | 98 | — | Nov 2021 | AAINX vs ODIDX |
Top Performing AAINX Alternatives (YTD)
AAINX is at 0.90% YTD. There are 33 mutual funds in the Multisector Bonds category with higher YTD returns, going as high as 3.47%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| abrdn Income Credit Strategies Fund | 3.47% | — | Jan 2011 | AAINX vs ACP | |
| BrandywineGLOBAL - Flexible Bond Fund | 3.07% | — | May 2016 | AAINX vs LFLIX | |
| Saba Capital Income & Opportunities Fund | 3.06% | — | Dec 1987 | AAINX vs BRW | |
| Intrepid Income Fund | 2.85% | — | Aug 2010 | AAINX vs ICMUX | |
| Nationwide Amundi Strategic Income Fund | 2.57% | — | Nov 2015 | AAINX vs NWXHX |
Lowest Volatility Alternatives to AAINX
AAINX has 2.79% 1-year volatility. There are 28 mutual funds in the Multisector Bonds category with lower 1-year volatility, going as low as 1.17%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Nationwide Amundi Strategic Income Fund | 1.17% | — | Nov 2015 | AAINX vs NWXHX | |
| Nationwide Strategic Income A | 1.24% | — | Nov 2015 | AAINX vs NWXEX | |
| Boyd Watterson Limited Duration Enhanced Income Fu... | 1.31% | — | Jul 2016 | AAINX vs BWDTX | |
| Rational Special Situations Income Fund | 1.38% | — | Jul 2019 | AAINX vs RFXIX | |
| Oaktree Diversified Income Fund Inc. Class D | 1.47% | — | Nov 2021 | AAINX vs ODIDX |
Lowest Drawdown Alternatives to AAINX
AAINX has a 1-year max drawdown of -2.46%. There are 31 mutual funds in the Multisector Bonds category with shallower 1-year drawdowns, going as shallow as -0.41%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Nationwide Amundi Strategic Income Fund | -0.41% | — | Nov 2015 | AAINX vs NWXHX | |
| Nationwide Strategic Income A | -0.43% | — | Nov 2015 | AAINX vs NWXEX | |
| Rational Special Situations Income Fund | -0.72% | — | Jul 2019 | AAINX vs RFXIX | |
| CrossingBridge Low Duration High Yield Fund | -0.73% | — | Jan 2018 | AAINX vs CBLDX | |
| Boyd Watterson Limited Duration Enhanced Income Fu... | -1.00% | — | Jul 2016 | AAINX vs BWDTX |
Other Mutual Funds from Thrivent
The 10 most viewed Thrivent mutual funds shown here include AAAGX, TSCSX, AASCX and span 6 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Thrivent Large Cap Growth Fund | Large Cap Growth Equities | 12 | 0.39% | — | Oct 1999 | AAINX vs AAAGX | |
| Thrivent Small Cap Stock Fund Class S | Small Cap Blend Equities | 42 | 15.40% | — | Jul 1996 | AAINX vs TSCSX | |
| Thrivent Mid Cap Stock Fund | Mid Cap Blend Equities | 62 | 17.80% | — | Jun 1993 | AAINX vs AASCX | |
| Thrivent Mid Cap Stock Fund Class S | Mid Cap Blend Equities | 63 | 17.94% | — | Jun 1993 | AAINX vs TMSIX | |
| Thrivent Balanced Income Plus Fund | Diversified Portfolio | 65 | 4.65% | — | Dec 1997 | AAINX vs AABFX | |
| Thrivent Diversified Income Plus Fund | Diversified Portfolio | 74 | 3.01% | — | Jan 1997 | AAINX vs AAHYX | |
| Thrivent Global Stock Fund | Global Equities | 62 | 10.02% | — | Jul 1987 | AAINX vs AALGX | |
| Thrivent Moderately Aggressive Allocation Fund Cla... | Diversified Portfolio | 59 | 8.04% | — | Jun 2005 | AAINX vs TMAAX | |
| Thrivent Aggressive Allocation Fund | Diversified Portfolio | 57 | 9.64% | — | Jun 2005 | AAINX vs TAAAX | |
| Thrivent Large Cap Value Fund | Large Cap Value Equities | 89 | 14.31% | — | Oct 1999 | AAINX vs AAUTX |
Often Compared With AAINX
Investors most often compare AAINX with SWAGX, TBFAX, ANGLX. These 19 comparison targets span 9 categories, based on PortfoliosLab usage data.
Compare AAINX with Any Fund or Stock
Compare AAINX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair AAINX with funds that move differently
Thrivent Opportunity Income Plus Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to AAINX.
Explore AAINX Diversifiers