abrdn Income Credit Strategies Fund (ACP) 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 ACP. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to ACP
ACP charges 1.97% annually. There are 85 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 | ACP vs DBSCX | |
| Vanguard Multi-Sector Income Bond Fund Admiral Sha... | 0.30% | — | Oct 2021 | ACP vs VMSAX | |
| JPMorgan Income Fund | 0.40% | — | Jun 2014 | ACP vs JMSIX | |
| Boyd Watterson Limited Duration Enhanced Income Fu... | 0.40% | — | Jul 2016 | ACP vs BWDTX | |
| Mercer Opportunistic Fixed Income Fund | 0.44% | — | Aug 2013 | ACP vs MOFIX |
Best Risk-Adjusted Alternatives to ACP
ACP has a PortfoliosLab risk / return rank of 6. There are 83 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 | ACP vs NWXHX | |
| Nationwide Strategic Income A | 99 | — | Nov 2015 | ACP vs NWXEX | |
| Boyd Watterson Limited Duration Enhanced Income Fu... | 98 | — | Jul 2016 | ACP vs BWDTX | |
| Rational Special Situations Income Fund | 98 | — | Jul 2019 | ACP vs RFXIX | |
| CrossingBridge Low Duration High Yield Fund | 97 | — | Jan 2018 | ACP vs CBLDX |
Top Performing ACP Alternatives (YTD)
ACP is at 3.16% YTD. No mutual funds in the Multisector Bonds category have higher YTD returns; the top-performing alternatives shown here go as high as 2.93%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| BrandywineGLOBAL - Flexible Bond Fund | 2.93% | — | May 2016 | ACP vs LFLIX | |
| Nationwide Amundi Strategic Income Fund | 2.37% | — | Nov 2015 | ACP vs NWXHX | |
| Eaton Vance Strategic Income Fund Class I | 2.34% | — | Jan 1998 | ACP vs ETSIX | |
| Eaton Vance Strategic Income Fund Class I | 2.33% | — | Apr 2009 | ACP vs ESIIX | |
| Nationwide Strategic Income A | 2.33% | — | Nov 2015 | ACP vs NWXEX |
Lowest Volatility Alternatives to ACP
ACP has 11.63% 1-year volatility. There are 87 mutual funds in the Multisector Bonds category with lower 1-year volatility, going as low as 1.18%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Nationwide Amundi Strategic Income Fund | 1.18% | — | Nov 2015 | ACP vs NWXHX | |
| Nationwide Strategic Income A | 1.22% | — | Nov 2015 | ACP vs NWXEX | |
| Boyd Watterson Limited Duration Enhanced Income Fu... | 1.31% | — | Jul 2016 | ACP vs BWDTX | |
| Rational Special Situations Income Fund | 1.40% | — | Jul 2019 | ACP vs RFXIX | |
| CrossingBridge Low Duration High Yield Fund | 1.40% | — | Jan 2018 | ACP vs CBLDX |
Lowest Drawdown Alternatives to ACP
ACP has a 1-year max drawdown of -10.51%. There are 85 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 | ACP vs NWXHX | |
| Nationwide Strategic Income A | -0.43% | — | Nov 2015 | ACP vs NWXEX | |
| Rational Special Situations Income Fund | -0.72% | — | Jul 2019 | ACP vs RFXIX | |
| CrossingBridge Low Duration High Yield Fund | -0.73% | — | Jan 2018 | ACP vs CBLDX | |
| Boyd Watterson Limited Duration Enhanced Income Fu... | -1.00% | — | Jul 2016 | ACP vs BWDTX |
Other Mutual Funds from abrdn
The 2 most viewed abrdn mutual funds shown here include AGD, AWP and span 2 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| abrdn Global Dynamic Dividend Fund | Global Equity Income | 16 | 8.32% | — | May 2006 | ACP vs AGD | |
| abrdn Global Premier Properties Fund | REIT | 10 | 7.40% | — | Feb 2007 | ACP vs AWP |
Often Compared With ACP
Investors most often compare ACP with ANGLX, PCF, AXSIX. These 20 comparison targets span 3 categories, based on PortfoliosLab usage data.
Compare ACP with Any Fund or Stock
Compare ACP with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair ACP with funds that move differently
abrdn Income Credit Strategies Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to ACP.
Explore ACP Diversifiers