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 44 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 | 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 78. There are 20 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 | |
| Boyd Watterson Limited Duration Enhanced Income Fu... | 98 | — | Jul 2016 | AAINX vs BWDTX | |
| CrossingBridge Low Duration High Yield Fund | 97 | — | Jan 2018 | AAINX vs CBLDX | |
| Intrepid Income Fund | 97 | — | Jul 2007 | AAINX vs ICMUX |
Top Performing AAINX Alternatives (YTD)
AAINX is at 1.81% YTD. There are 14 mutual funds in the Multisector Bonds category with higher YTD returns, going as high as 5.04%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Saba Capital Income & Opportunities Fund | 5.04% | — | Dec 1987 | AAINX vs BRW | |
| abrdn Income Credit Strategies Fund | 4.22% | — | Jan 2011 | AAINX vs ACP | |
| BrandywineGLOBAL - Flexible Bond Fund | 2.71% | — | May 2016 | AAINX vs LFLIX | |
| Intrepid Income Fund | 2.43% | — | Jul 2007 | AAINX vs ICMUX | |
| Nationwide Amundi Strategic Income Fund | 2.29% | — | Nov 2015 | AAINX vs NWXHX |
Lowest Volatility Alternatives to AAINX
AAINX has 2.77% 1-year volatility. There are 24 mutual funds in the Multisector Bonds category with lower 1-year volatility, going as low as 1.16%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Nationwide Amundi Strategic Income Fund | 1.16% | — | Nov 2015 | AAINX vs NWXHX | |
| Nationwide Strategic Income A | 1.21% | — | Nov 2015 | AAINX vs NWXEX | |
| Boyd Watterson Limited Duration Enhanced Income Fu... | 1.29% | — | Jul 2016 | AAINX vs BWDTX | |
| CrossingBridge Low Duration High Yield Fund | 1.39% | — | Jan 2018 | AAINX vs CBLDX | |
| Rational Special Situations Income Fund | 1.41% | — | Jul 2019 | AAINX vs RFXIX |
Lowest Drawdown Alternatives to AAINX
AAINX has a 1-year max drawdown of -2.46%. There are 30 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 Funds
The 1 most viewed Thrivent Funds mutual funds shown here include TBFAX and span 1 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Thrivent Government Bond | Government Bonds | 16 | -0.32% | — | Feb 2010 | AAINX vs TBFAX |
Often Compared With AAINX
Investors most often compare AAINX with SWAGX, ANGLX, AXSIX. These 11 comparison targets span 2 categories, based on PortfoliosLab usage data.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Schwab U.S. Aggregate Bond Index Fund | Total Bond Market | 21 | 0.38% | 8.21B | — | AAINX vs SWAGX | |
| Angel Oak Multi-Strategy Income Fund | Multisector Bonds | 94 | 1.97% | — | Jun 2011 | AAINX vs ANGLX | |
| Axonic Strategic Income Fund | Multisector Bonds | 87 | 1.94% | — | Dec 2019 | AAINX vs AXSIX | |
| T. Rowe Price Spectrum Income Fund | Multisector Bonds | 86 | 1.36% | — | Jun 1990 | AAINX vs RPSIX | |
| Easterly Income Opportunities Fund | Multisector Bonds | 79 | 0.37% | — | Aug 2018 | AAINX vs JSVIX | |
| CrossingBridge Responsible Credit Fund | Multisector Bonds | 70 | 0.73% | — | Jun 2021 | AAINX vs CBRDX | |
| Potomac Managed Volatility Fund | Multisector Bonds | 70 | 2.22% | — | Jun 2020 | AAINX vs CRMVX | |
| Muzinich Low Duration Fund | Multisector Bonds | 89 | 1.32% | — | Jun 2016 | AAINX vs MZLSX | |
| Eaton Vance Strategic Income Fund Class I | Multisector Bonds | 92 | 2.18% | — | Apr 2009 | AAINX vs ESIIX | |
| Western Asset Diversified Income Fund | Multisector Bonds | 4 | 1.58% | — | Jun 2021 | AAINX vs WDI | |
| Eaton Vance Strategic Income Fund Class I | Multisector Bonds | 90 | 2.19% | — | Jan 1998 | AAINX vs ETSIX |
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