Blackstone GSO Strategic Credit Closed Fund (BGB) belongs to the High Yield Bonds category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with BGB. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to BGB
BGB charges 2.36% annually. There are 181 mutual funds in the High Yield Bonds category with lower expense ratios, going as low as 0.02%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Federated Hermes High-Yield Strategy Portfolio | 0.02% | — | Dec 2008 | BGB vs FHYSX | |
| Vanguard High-Yield Corporate Fund Admiral Shares | 0.12% | 25.80B | Nov 2001 | BGB vs VWEAX | |
| PIA High Yield (MACS) Fund | 0.20% | — | Dec 2017 | BGB vs PIAMX | |
| Vanguard High-Yield Corporate Fund Investor Shares | 0.22% | 25.80B | Dec 1978 | BGB vs VWEHX | |
| Six Circles Credit Opportunities Fund | 0.29% | — | Nov 2020 | BGB vs CRDOX |
Best Risk-Adjusted Alternatives to BGB
BGB has a PortfoliosLab risk / return rank of 5. There are 183 mutual funds in the High Yield Bonds category with higher risk-adjusted ranks, going as high as 100.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Pioneer ILS Interval Fund | 100 | — | Dec 2014 | BGB vs XILSX | |
| Cliffwater Corporate Lending Fund | 100 | — | Mar 2019 | BGB vs CCLFX | |
| RiverPark Short Term High Yield Fund | 100 | — | Sep 2010 | BGB vs RPHIX | |
| Chartwell Short Duration High Yield Fund | 96 | — | Jul 2014 | BGB vs CWFIX | |
| Penn Capital Short Duration High Income Fund | 96 | — | Jul 2017 | BGB vs PSHNX |
Top Performing BGB Alternatives (YTD)
BGB is at -0.73% YTD. There are 183 mutual funds in the High Yield Bonds category with higher YTD returns, going as high as 8.81%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Fidelity Capital & Income Fund | 8.81% | — | Nov 1977 | BGB vs FAGIX | |
| Pioneer ILS Interval Fund | 8.39% | — | Dec 2014 | BGB vs XILSX | |
| Fidelity Advisor High Income Advantage Fund Class ... | 7.99% | — | Oct 2018 | BGB vs FIQTX | |
| Fidelity Advisor High Income Advantage Fund Class ... | 7.94% | — | Jul 1995 | BGB vs FAHCX | |
| Fidelity Advisor High Income Advantage Fund Class ... | 7.76% | — | Jan 1987 | BGB vs FAHYX |
Lowest Volatility Alternatives to BGB
BGB has 7.72% 1-year volatility. There are 183 mutual funds in the High Yield Bonds category with lower 1-year volatility, going as low as 0.88%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Cliffwater Corporate Lending Fund | 0.88% | — | Mar 2019 | BGB vs CCLFX | |
| RiverPark Short Term High Yield Fund | 0.88% | — | Sep 2010 | BGB vs RPHIX | |
| Chartwell Short Duration High Yield Fund | 1.51% | — | Jul 2014 | BGB vs CWFIX | |
| Shenkman Capital Short Duration High Income Fund | 1.64% | — | Oct 2012 | BGB vs SCFIX | |
| Osterweis Strategic Income Fund | 1.70% | — | Aug 2002 | BGB vs OSTIX |
Lowest Drawdown Alternatives to BGB
BGB has a 1-year max drawdown of -9.06%. There are 183 mutual funds in the High Yield Bonds category with shallower 1-year drawdowns, going as shallow as -0.10%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| RiverPark Short Term High Yield Fund | -0.10% | — | Sep 2010 | BGB vs RPHIX | |
| Cliffwater Corporate Lending Fund | -0.19% | — | Mar 2019 | BGB vs CCLFX | |
| Pioneer ILS Interval Fund | -0.21% | — | Dec 2014 | BGB vs XILSX | |
| MainStay MacKay Short Duration High Yield Fund | -1.06% | — | Dec 2012 | BGB vs MDHVX | |
| Shenkman Capital Short Duration High Income Fund | -1.11% | — | Oct 2012 | BGB vs SCFIX |
Other Mutual Funds from Blackstone
The 3 most viewed Blackstone mutual funds shown here include BXMIX, BGX, BSL and span 3 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Blackstone Alternative Multi-Strategy Fund | Multistrategy | 99 | 4.47% | — | Jun 2014 | BGB vs BXMIX | |
| Blackstone Long-Short Credit Income Fund | Long-Short | 2 | -3.88% | — | Jan 2011 | BGB vs BGX | |
| Blackstone Senior Floating Rate 2027 Term Fund | High Yield Bonds | 2 | -0.89% | — | May 2010 | BGB vs BSL |
Often Compared With BGB
Investors most often compare BGB with DHHF.AX, ARCC, PRCPX. These 19 comparison targets span 3 categories, based on PortfoliosLab usage data.
Compare BGB with Any Fund or Stock
Compare BGB with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair BGB with funds that move differently
Blackstone GSO Strategic Credit Closed Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to BGB.
Explore BGB Diversifiers