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CCM Community Impact Bond Fund (CRAIX) Diversifiers

Mutual Fund · Currency in USD · Last updated Jun 4, 2026

The fund will invest at least 80% of its net assets in bonds, which include debt securities and other debt instruments, that meet the fund’s impact criteria. It will invest primarily in securities issued or guaranteed as to principal and interest by the U.S. government or by its agencies, instrumentalities or sponsored enterprises and a significant amount of its assets will be invested in single-family, multi-family and economic development loan-backed securities.

Looking to diversify beyond CRAIX? The mutual funds below have the lowest correlation with CRAIX — they tend to move on their own, which can help reduce risk when the rest of your portfolio drops. The stock ideas table highlights individual companies that behave independently from CRAIX.

Best Diversifiers for CRAIX

0 mutual funds have low correlation with CRAIX (below 0.3), 0 of which are negatively correlated. The least correlated is Loomis Sayles Securitized Asset Fund (LSSAX) (Intermediate Core Bond) with a 1Y correlation of 0.76, down from 0.91 over 5 years.

SymbolNameCorrelation 1YCorrelation 3YCorrelation 5YRisk / Return RankCategoryCompare
LSSAX
Loomis Sayles Securitized Asset Fund0.760.890.91
65
Intermediate Core BondCRAIX vs LSSAX
PCGTX
PACE Mortgage-Backed Securities Fixed Income Inves...0.870.910.92
55
Intermediate Core BondCRAIX vs PCGTX

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Diversification Analysis

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