Artisan Global Unconstrained Fund (APFPX) 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 APFPX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to APFPX
APFPX charges 1.54% annually. There are 58 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 | APFPX vs PMOTX | |
| GMO Opportunistic Income Fund | 0.47% | — | Oct 2011 | APFPX vs GMODX | |
| Carillon Reams Unconstrained Bond Fund | 0.50% | — | Sep 2011 | APFPX vs SUBFX | |
| FPA Flexible Fixed Income Fund | 0.51% | — | Dec 2018 | APFPX vs FPFIX | |
| PIMCO Strategic Bond Fund | 0.51% | — | Jan 2009 | APFPX vs PUTIX |
Best Risk-Adjusted Alternatives to APFPX
APFPX has a PortfoliosLab risk / return rank of 99. There are 4 mutual funds in the Nontraditional Bonds category with higher risk-adjusted ranks, going as high as 100.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Cliffwater Enhanced Lending Fund | 100 | — | Jul 2021 | APFPX vs CELFX | |
| Victory Pioneer Cat Bond Fund Class Y | 100 | — | Jan 2023 | APFPX vs CBYYX | |
| PGIM Securitized Credit Fund | 100 | — | Jun 2019 | APFPX vs SCFZX | |
| Eaton Vance Global Macro Absolute Return Fund | 99 | — | Jun 2007 | APFPX vs EIGMX | |
| Eaton Vance Global Macro Absolute Return Advantage... | 98 | — | Aug 2010 | APFPX vs EGRIX |
Top Performing APFPX Alternatives (YTD)
APFPX is at 5.11% YTD. There are 3 mutual funds in the Nontraditional Bonds category with higher YTD returns, going as high as 8.55%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Eaton Vance Global Macro Absolute Return Advantage... | 8.55% | — | Aug 2010 | APFPX vs EGRIX | |
| Putnam Mortgage Opportunities Fund | 5.66% | — | Apr 2015 | APFPX vs PMOTX | |
| Eaton Vance Global Macro Absolute Return Fund | 5.42% | — | Jun 2007 | APFPX vs EIGMX | |
| Cliffwater Enhanced Lending Fund | 4.56% | — | Jul 2021 | APFPX vs CELFX | |
| Victory Pioneer Cat Bond Fund Class Y | 4.28% | — | Jan 2023 | APFPX vs CBYYX |
Lowest Volatility Alternatives to APFPX
APFPX has 2.51% 1-year volatility. There are 30 mutual funds in the Nontraditional Bonds category with lower 1-year volatility, going as low as 0.85%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Cliffwater Enhanced Lending Fund | 0.85% | — | Jul 2021 | APFPX vs CELFX | |
| Dunham Long/Short Credit Fund | 1.07% | — | Dec 2004 | APFPX vs DCAIX | |
| Victory Pioneer Cat Bond Fund Class Y | 1.20% | — | Jan 2023 | APFPX vs CBYYX | |
| BlackRock Global Long/Short Credit Fund | 1.36% | — | Sep 2011 | APFPX vs BGCIX | |
| GMO Opportunistic Income Fund | 1.43% | — | Oct 2011 | APFPX vs GMODX |
Lowest Drawdown Alternatives to APFPX
APFPX has a 1-year max drawdown of -0.90%. There are 7 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 | APFPX vs CBYYX | |
| Cliffwater Enhanced Lending Fund | -0.18% | — | Jul 2021 | APFPX vs CELFX | |
| PGIM Securitized Credit Fund | -0.31% | — | Jun 2019 | APFPX vs SCFZX | |
| Dunham Long/Short Credit Fund | -0.49% | — | Dec 2004 | APFPX vs DCAIX | |
| GMO Opportunistic Income Fund | -0.65% | — | Oct 2011 | APFPX vs GMODX |
Other Mutual Funds from Artisan
The 10 most viewed Artisan mutual funds shown here include ARTYX, ARTKX, ARTIX and span 7 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Artisan Developing World Fund | Emerging Markets Equities | 2 | -0.61% | — | Jun 2015 | APFPX vs ARTYX | |
| Artisan International Value Fund | Foreign Large Cap Equities | 76 | 15.06% | — | Sep 2002 | APFPX vs ARTKX | |
| Artisan International Fund | Foreign Large Cap Equities | 53 | 15.34% | — | Dec 1995 | APFPX vs ARTIX | |
| Artisan Global Equity Fund | Global Equities | 30 | 8.75% | — | Mar 2010 | APFPX vs ARTHX | |
| Artisan High Income Fund | High Yield Bonds | 37 | 0.79% | — | Mar 2014 | APFPX vs ARTFX | |
| Artisan Global Opportunities Fund Class I | Global Equities, Large Cap Growth Equities | 8 | 3.95% | — | Sep 2008 | APFPX vs ARTRX | |
| Artisan International Value Fund | Foreign Large Cap Equities | 77 | 15.21% | — | Oct 2006 | APFPX vs APHKX | |
| Artisan Mid Cap Fund | Mid Cap Growth Equities | 10 | 1.16% | — | Jun 1997 | APFPX vs ARTMX | |
| Artisan Global Discovery Fund | Global Equities | 15 | 3.26% | — | Aug 2017 | APFPX vs APFDX | |
| Artisan Emerging Markets Debt Opportunities Fund | Emerging Markets Bonds | 98 | 6.99% | — | Apr 2022 | APFPX vs APFOX |
Often Compared With APFPX
Investors most often compare APFPX with RPIDX, AFLIX, MWCIX. These 20 comparison targets span 6 categories, based on PortfoliosLab usage data.
Compare APFPX with Any Fund or Stock
Compare APFPX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair APFPX with funds that move differently
Artisan Global Unconstrained Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to APFPX.
Explore APFPX Diversifiers