Invesco Income Fund (AGOVX) belongs to the Nontraditional Bonds category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with AGOVX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to AGOVX
AGOVX charges 0.96% annually. There are 32 mutual funds in the Nontraditional Bonds category with lower expense ratios, going as low as 0.47%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Putnam Mortgage Opportunities Fund | 0.47% | — | Apr 2015 | AGOVX vs PMOTX | |
| GMO Opportunistic Income Fund | 0.47% | — | Oct 2011 | AGOVX vs GMODX | |
| Carillon Reams Unconstrained Bond Fund | 0.50% | — | Sep 2011 | AGOVX vs SUBFX | |
| PIMCO Strategic Bond Fund | 0.51% | — | Jan 2009 | AGOVX vs PUTIX | |
| FPA Flexible Fixed Income Fund | 0.51% | — | Dec 2018 | AGOVX vs FPFIX |
Best Risk-Adjusted Alternatives to AGOVX
AGOVX has a PortfoliosLab risk / return rank of 27. There are 61 mutual funds in the Nontraditional Bonds category with higher risk-adjusted ranks, going as high as 100.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Victory Pioneer Cat Bond Fund Class Y | 100 | — | Jan 2023 | AGOVX vs CBYYX | |
| PGIM Securitized Credit Fund | 99 | — | Jun 2019 | AGOVX vs SCFZX | |
| Eaton Vance Global Macro Absolute Return Fund | 99 | — | Jun 2007 | AGOVX vs EIGMX | |
| Artisan Global Unconstrained Fund | 99 | — | Mar 2022 | AGOVX vs APFPX | |
| DoubleLine Flexible Income Fund | 98 | — | Apr 2014 | AGOVX vs DFLEX |
Top Performing AGOVX Alternatives (YTD)
AGOVX is at 0.48% YTD. There are 58 mutual funds in the Nontraditional Bonds category with higher YTD returns, going as high as 6.67%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Eaton Vance Global Macro Absolute Return Advantage... | 6.67% | — | Aug 2010 | AGOVX vs EGRIX | |
| Putnam Mortgage Opportunities Fund | 4.69% | — | Apr 2015 | AGOVX vs PMOTX | |
| Eaton Vance Global Macro Absolute Return Fund | 4.26% | — | Jun 2007 | AGOVX vs EIGMX | |
| Anchor Risk Managed Credit Strategies Fund | 4.06% | — | Sep 2015 | AGOVX vs ATCSX | |
| Artisan Global Unconstrained Fund | 4.00% | — | Mar 2022 | AGOVX vs APFPX |
Lowest Volatility Alternatives to AGOVX
AGOVX has 2.99% 1-year volatility. There are 44 mutual funds in the Nontraditional Bonds category with lower 1-year volatility, going as low as 1.02%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Dunham Long/Short Credit Fund | 1.02% | — | Dec 2004 | AGOVX vs DCAIX | |
| Victory Pioneer Cat Bond Fund Class Y | 1.23% | — | Jan 2023 | AGOVX vs CBYYX | |
| DoubleLine Flexible Income Fund | 1.31% | — | Apr 2014 | AGOVX vs DFLEX | |
| GMO Opportunistic Income Fund | 1.35% | — | Oct 2011 | AGOVX vs GMODX | |
| BlackRock Global Long/Short Credit Fund | 1.36% | — | Sep 2011 | AGOVX vs BGCIX |
Lowest Drawdown Alternatives to AGOVX
AGOVX has a 1-year max drawdown of -2.67%. There are 51 mutual funds in the Nontraditional Bonds category with shallower 1-year drawdowns, going as shallow as -0.09%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Victory Pioneer Cat Bond Fund Class Y | -0.09% | — | Jan 2023 | AGOVX vs CBYYX | |
| PGIM Securitized Credit Fund | -0.31% | — | Jun 2019 | AGOVX vs SCFZX | |
| Dunham Long/Short Credit Fund | -0.37% | — | Dec 2004 | AGOVX vs DCAIX | |
| GMO Opportunistic Income Fund | -0.65% | — | Oct 2011 | AGOVX vs GMODX | |
| PGIM Absolute Return Bond Fund | -0.76% | — | Mar 2011 | AGOVX vs PADZX |
Other Mutual Funds from Invesco
The 10 most viewed Invesco mutual funds shown here include IVNQX, VADAX, OPGSX and span 8 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Invesco Nasdaq 100 Index Fund | Large Cap Growth Equities | 72 | 21.22% | — | Oct 2020 | AGOVX vs IVNQX | |
| Invesco Equally-Weighted S&P 500 Fund Class A | Large Cap Blend Equities | 36 | 9.47% | — | — | AGOVX vs VADAX | |
| Invesco Gold & Special Minerals Fund | Precious Metals | 23 | 0.41% | — | Jul 1983 | AGOVX vs OPGSX | |
| Invesco Value Opportunities Fund | Mid Cap Value Equities | 84 | 23.71% | — | Jun 2001 | AGOVX vs VVOAX | |
| Invesco American Franchise Fund Class A | Large Cap Growth Equities | 15 | 8.97% | — | Jun 2005 | AGOVX vs VAFAX | |
| Invesco Comstock Fund | Large Cap Value Equities | 55 | 8.97% | — | Oct 1968 | AGOVX vs ACSTX | |
| Invesco Main Street Fund | Large Cap Blend Equities | 36 | 5.45% | — | Feb 1988 | AGOVX vs MSIGX | |
| Invesco Small Cap Value Fund | Small Cap Value Equities | 86 | 30.74% | — | Jun 1999 | AGOVX vs VSCAX | |
| Invesco Equity and Income Fund | Diversified Portfolio | 61 | 5.74% | — | Aug 1960 | AGOVX vs ACEIX | |
| Invesco Global Fund | Global Equities | 25 | 9.49% | — | Dec 1969 | AGOVX vs OPPAX |
Often Compared With AGOVX
Investors most often compare AGOVX with QQQM, AFLIX, TUIFX. These 7 comparison targets span 3 categories, based on PortfoliosLab usage data.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Invesco NASDAQ 100 ETF | Nasdaq-100 | 75 | 20.73% | 96.91B | Oct 2020 | AGOVX vs QQQM | |
| Anfield Universal Fixed Income Fund | Nontraditional Bonds | 93 | 1.31% | — | Jun 2013 | AGOVX vs AFLIX | |
| Toews Unconstrained Income Fund | Nontraditional Bonds | 47 | 0.27% | — | Aug 2013 | AGOVX vs TUIFX | |
| Wavelength Interest Rate Neutral Fund | Nontraditional Bonds | 79 | 3.23% | — | Sep 2013 | AGOVX vs WAVLX | |
| Templeton Global Total Return Fund | Nontraditional Bonds | 20 | 1.77% | — | Sep 2008 | AGOVX vs TTRZX | |
| T. Rowe Price Dynamic Credit Fund | Nontraditional Bonds | 75 | 0.28% | — | Jan 2019 | AGOVX vs RPIDX | |
| Invesco Equally-Weighted S&P 500 Fund | S&P 500 | 37 | 9.59% | — | Jul 1997 | AGOVX vs VADDX |
Compare AGOVX with Any Fund or Stock
Compare AGOVX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair AGOVX with funds that move differently
Invesco Income Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to AGOVX.
Explore AGOVX Diversifiers