FPA Flexible Fixed Income Fund (FPFIX) 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 FPFIX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to FPFIX
FPFIX charges 0.51% annually. There are 3 mutual funds in the Nontraditional Bonds category with lower expense ratios, going as low as 0.47%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| GMO Opportunistic Income Fund | 0.47% | — | Oct 2011 | FPFIX vs GMODX | |
| Putnam Mortgage Opportunities Fund | 0.47% | — | Apr 2015 | FPFIX vs PMOTX | |
| Carillon Reams Unconstrained Bond Fund | 0.50% | — | Sep 2011 | FPFIX vs SUBFX | |
| PIMCO Strategic Bond Fund | 0.51% | — | Jan 2009 | FPFIX vs PUTIX | |
| T. Rowe Price Dynamic Credit Fund | 0.56% | — | Jan 2019 | FPFIX vs RPELX |
Best Risk-Adjusted Alternatives to FPFIX
FPFIX has a PortfoliosLab risk / return rank of 31. There are 53 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 | FPFIX vs CBYYX | |
| PGIM Securitized Credit Fund | 100 | — | Jun 2019 | FPFIX vs SCFZX | |
| Eaton Vance Global Macro Absolute Return Fund | 99 | — | Jun 2007 | FPFIX vs EIGMX | |
| Artisan Global Unconstrained Fund | 99 | — | Mar 2022 | FPFIX vs APFPX | |
| Eaton Vance Global Macro Absolute Return Advantage... | 98 | — | Aug 2010 | FPFIX vs EGRIX |
Top Performing FPFIX Alternatives (YTD)
FPFIX is at -0.09% YTD. There are 63 mutual funds in the Nontraditional Bonds category with higher YTD returns, going as high as 8.64%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Eaton Vance Global Macro Absolute Return Advantage... | 8.64% | — | Aug 2010 | FPFIX vs EGRIX | |
| Putnam Mortgage Opportunities Fund | 5.58% | — | Apr 2015 | FPFIX vs PMOTX | |
| Eaton Vance Global Macro Absolute Return Fund | 5.42% | — | Jun 2007 | FPFIX vs EIGMX | |
| Artisan Global Unconstrained Fund | 4.47% | — | Mar 2022 | FPFIX vs APFPX | |
| T. Rowe Price Dynamic Global Bond Fund | 4.15% | — | Jan 2015 | FPFIX vs RPIEX |
Lowest Volatility Alternatives to FPFIX
FPFIX has 2.43% 1-year volatility. There are 21 mutual funds in the Nontraditional Bonds category with lower 1-year volatility, going as low as 1.01%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Dunham Long/Short Credit Fund | 1.01% | — | Dec 2004 | FPFIX vs DCAIX | |
| Victory Pioneer Cat Bond Fund Class Y | 1.22% | — | Jan 2023 | FPFIX vs CBYYX | |
| GMO Opportunistic Income Fund | 1.32% | — | Oct 2011 | FPFIX vs GMODX | |
| BlackRock Global Long/Short Credit Fund | 1.34% | — | Sep 2011 | FPFIX vs BGCIX | |
| DoubleLine Flexible Income Fund | 1.38% | — | Apr 2014 | FPFIX vs DFLEX |
Lowest Drawdown Alternatives to FPFIX
FPFIX has a 1-year max drawdown of -2.10%. There are 38 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 | FPFIX vs CBYYX | |
| PGIM Securitized Credit Fund | -0.31% | — | Jun 2019 | FPFIX vs SCFZX | |
| Dunham Long/Short Credit Fund | -0.37% | — | Dec 2004 | FPFIX vs DCAIX | |
| GMO Opportunistic Income Fund | -0.65% | — | Oct 2011 | FPFIX vs GMODX | |
| PGIM Absolute Return Bond Fund | -0.86% | — | Mar 2011 | FPFIX vs PADZX |
Other Mutual Funds from FPA
The 4 most viewed FPA mutual funds shown here include FPACX, FPNIX, QRSVX and span 4 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| FPA Crescent Fund | Diversified Portfolio | 48 | 6.64% | — | Jun 1993 | FPFIX vs FPACX | |
| FPA New Income Fund | Short-Term Bond | 36 | 0.00% | — | Jul 1984 | FPFIX vs FPNIX | |
| FPA Queens Road Small Cap Value Fund Investor Clas... | Small Cap Value Equities | 81 | 25.54% | — | Jun 2002 | FPFIX vs QRSVX | |
| FPA Queens Road Value Fund | Large Cap Value Equities | 19 | 11.34% | — | Jun 2002 | FPFIX vs QRVLX |
Often Compared With FPFIX
Investors most often compare FPFIX with FXAIX, DODIX, FADMX. These 20 comparison targets span 10 categories, based on PortfoliosLab usage data.
Compare FPFIX with Any Fund or Stock
Compare FPFIX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair FPFIX with funds that move differently
FPA Flexible Fixed Income Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to FPFIX.
Explore FPFIX Diversifiers