Eaton Vance Multi-Asset Credit Fund (EIAMX) 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 EIAMX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to EIAMX
EIAMX charges 0.71% annually. There are 59 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 | EIAMX vs FHYSX | |
| Vanguard High-Yield Corporate Fund Admiral Shares | 0.13% | 25.70B | Nov 2001 | EIAMX vs VWEAX | |
| PIA High Yield (MACS) Fund | 0.20% | — | Dec 2017 | EIAMX vs PIAMX | |
| Vanguard High-Yield Corporate Fund Investor Shares | 0.23% | 25.70B | Dec 1978 | EIAMX vs VWEHX | |
| Six Circles Credit Opportunities Fund | 0.29% | — | Nov 2020 | EIAMX vs CRDOX |
Best Risk-Adjusted Alternatives to EIAMX
EIAMX has a PortfoliosLab risk / return rank of 86. There are 60 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 | EIAMX vs XILSX | |
| Cliffwater Corporate Lending Fund | 100 | — | Mar 2019 | EIAMX vs CCLFX | |
| RiverPark Short Term High Yield Fund | 100 | — | Sep 2010 | EIAMX vs RPHIX | |
| Fidelity Series High Income Fund | 97 | — | Mar 2011 | EIAMX vs FSHNX | |
| American Beacon SiM High Yield Opportunities Fund ... | 97 | — | Feb 2011 | EIAMX vs SHOYX |
Top Performing EIAMX Alternatives (YTD)
EIAMX is at 1.46% YTD. There are 121 mutual funds in the High Yield Bonds category with higher YTD returns, going as high as 7.97%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Pioneer ILS Interval Fund | 7.97% | — | Dec 2014 | EIAMX vs XILSX | |
| Fidelity Capital & Income Fund | 7.96% | — | Nov 1977 | EIAMX vs FAGIX | |
| Fidelity Advisor High Income Advantage Fund Class ... | 7.29% | — | Oct 2018 | EIAMX vs FIQTX | |
| Fidelity Advisor High Income Advantage Fund Class ... | 7.16% | — | Jul 1995 | EIAMX vs FAHCX | |
| Fidelity Advisor High Income Advantage Fund Class ... | 7.04% | — | Jan 1987 | EIAMX vs FAHYX |
Lowest Volatility Alternatives to EIAMX
EIAMX has 2.42% 1-year volatility. There are 17 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 | EIAMX vs CCLFX | |
| RiverPark Short Term High Yield Fund | 0.88% | — | Sep 2010 | EIAMX vs RPHIX | |
| Chartwell Short Duration High Yield Fund | 1.50% | — | Jul 2014 | EIAMX vs CWFIX | |
| Shenkman Capital Short Duration High Income Fund | 1.63% | — | Oct 2012 | EIAMX vs SCFIX | |
| Osterweis Strategic Income Fund | 1.69% | — | Aug 2002 | EIAMX vs OSTIX |
Lowest Drawdown Alternatives to EIAMX
EIAMX has a 1-year max drawdown of -1.52%. There are 19 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 | EIAMX vs RPHIX | |
| Cliffwater Corporate Lending Fund | -0.19% | — | Mar 2019 | EIAMX vs CCLFX | |
| Pioneer ILS Interval Fund | -0.21% | — | Dec 2014 | EIAMX vs XILSX | |
| MainStay MacKay Short Duration High Yield Fund | -1.06% | — | Dec 2012 | EIAMX vs MDHVX | |
| Shenkman Capital Short Duration High Income Fund | -1.11% | — | Oct 2012 | EIAMX vs SCFIX |
Other Mutual Funds from Eaton Vance
The 10 most viewed Eaton Vance mutual funds shown here include ETG, EGRIX, EXG and span 11 categories.
Often Compared With EIAMX
Investors most often compare EIAMX with E, EIFVX, CPMPX. These 20 comparison targets span 12 categories, based on PortfoliosLab usage data.
Compare EIAMX with Any Fund or Stock
Compare EIAMX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair EIAMX with funds that move differently
Eaton Vance Multi-Asset Credit Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to EIAMX.
Explore EIAMX Diversifiers