PIMCO California Municipal Opportunistic Value Fund (GCMFX) belongs to the Municipal Bonds category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with GCMFX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to GCMFX
GCMFX charges 0.63% annually. There are 248 mutual funds in the Municipal Bonds category with lower expense ratios, going as low as 0.01%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Western Asset SMASh Series TF Fund | 0.01% | — | Dec 2015 | GCMFX vs LSMSX | |
| Vanguard Tax-Managed Balanced Fund Admiral Shares | 0.05% | 12.30B | Sep 1994 | GCMFX vs VTMFX | |
| Nuveen Municipal Total Return Managed Accounts | 0.05% | — | May 2007 | GCMFX vs NMTRX | |
| Federated Hermes Conservative Municipal Microshort... | 0.05% | — | Feb 2021 | GCMFX vs FHMIX | |
| Strategic Advisers Municipal Bond Fund | 0.06% | — | Jun 2021 | GCMFX vs FSMUX |
Best Risk-Adjusted Alternatives to GCMFX
GCMFX has a PortfoliosLab risk / return rank of 81. There are 60 mutual funds in the Municipal Bonds category with higher risk-adjusted ranks, going as high as 100.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| DFA Short-Term Selective State Municipal Bond Port... | 100 | — | Apr 2022 | GCMFX vs DFABX | |
| abrdn Ultra Short Municipal Income Fund | 99 | — | Dec 2002 | GCMFX vs ATOIX | |
| DFA NY Municipal Bond Portfolio | 99 | — | Jun 2015 | GCMFX vs DNYMX | |
| DFA California Short Term Municipal Bond Portfolio | 99 | — | Apr 2007 | GCMFX vs DFCMX | |
| DFA Short Term Municipal Bond Portfolio | 99 | — | Aug 2002 | GCMFX vs DFSMX |
Top Performing GCMFX Alternatives (YTD)
GCMFX is at 1.95% YTD. There are 149 mutual funds in the Municipal Bonds category with higher YTD returns, going as high as 9.28%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Nuveen New York AMT Free Quality Municipal Income | 9.28% | — | Nov 2002 | GCMFX vs NRK | |
| Nuveen Municipal Income Fund, Inc. | 8.28% | — | Apr 1998 | GCMFX vs NMI | |
| AllianceBernstein National Municipal Income Fund | 7.53% | — | Nov 2001 | GCMFX vs AFB | |
| Nuveen Virginia Quality Municipal Income Fund | 6.33% | — | Mar 1993 | GCMFX vs NPV | |
| BlackRock MuniYield Michigan Quality Fund | 5.87% | — | Oct 1992 | GCMFX vs MIY |
Lowest Volatility Alternatives to GCMFX
GCMFX has 2.50% 1-year volatility. There are 203 mutual funds in the Municipal Bonds category with lower 1-year volatility, going as low as 0.57%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| DFA Short-Term Selective State Municipal Bond Port... | 0.57% | — | Apr 2022 | GCMFX vs DFABX | |
| JPMorgan Ultra-Short Municipal Fund | 0.59% | — | May 2016 | GCMFX vs USMSX | |
| JPMorgan Ultra-Short Municipal Fund | 0.59% | — | May 2016 | GCMFX vs USMTX | |
| DFA California Short Term Municipal Bond Portfolio | 0.59% | — | Apr 2007 | GCMFX vs DFCMX | |
| DFA Short Term Municipal Bond Portfolio | 0.61% | — | Aug 2002 | GCMFX vs DFSMX |
Lowest Drawdown Alternatives to GCMFX
GCMFX has a 1-year max drawdown of -2.24%. There are 97 mutual funds in the Municipal Bonds category with shallower 1-year drawdowns, going as shallow as 0.00%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| BlackRock Allocation Target Shares | 0.00% | — | May 2021 | GCMFX vs BATVX | |
| abrdn Ultra Short Municipal Income Fund | -0.10% | — | Dec 2002 | GCMFX vs ATOIX | |
| Cavanal Hill Ultra Short Tax-Free Income Fund | -0.10% | — | Dec 2017 | GCMFX vs APUSX | |
| SEI Institutional Managed Trust Tax-Free Conservat... | -0.10% | — | Apr 2016 | GCMFX vs TFCYX | |
| Federated Hermes Conservative Municipal Microshort... | -0.10% | — | Feb 2021 | GCMFX vs FHMIX |
Other Mutual Funds from Gurtin
The 1 most viewed Gurtin mutual funds shown here include GNMFX and span 1 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| PIMCO National Municipal Opportunistic Value Fund | Municipal Bonds | 80 | 2.09% | — | Nov 2014 | GCMFX vs GNMFX |
Often Compared With GCMFX
Investors most often compare GCMFX with SWCAX, FGNSX, DCARX. These 9 comparison targets span 1 categories, based on PortfoliosLab usage data.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Schwab California Tax-Free Bond Fund™ | Municipal Bonds | 66 | 1.03% | — | Feb 1992 | GCMFX vs SWCAX | |
| Strategic Advisers Tax-Sensitive Short Duration Fu... | Municipal Bonds | 97 | 0.77% | — | Dec 2017 | GCMFX vs FGNSX | |
| DFA California Municipal Real Return Portfolio | Municipal Bonds | 95 | 1.84% | — | Oct 2017 | GCMFX vs DCARX | |
| DFA Municipal Real Return Portfolio | Municipal Bonds | 94 | 2.05% | — | Nov 2014 | GCMFX vs DMREX | |
| T. Rowe Price Maryland Tax Free Bond Fund | Municipal Bonds | 87 | 2.39% | — | Mar 1987 | GCMFX vs MDXBX | |
| PIMCO Fixed Income SHares: Series TE | Municipal Bonds | 79 | 1.92% | — | Jun 2012 | GCMFX vs FXIEX | |
| BlackRock MuniYield Quality Fund | Municipal Bonds | 21 | 4.35% | — | Jul 1992 | GCMFX vs MQY | |
| BlackRock MuniHoldings California Quality Fund | Municipal Bonds | 35 | 5.45% | — | Feb 1998 | GCMFX vs MUC | |
| BlackRock MuniHoldings New Jersey Quality Fund | Municipal Bonds | 57 | 5.53% | — | Mar 1998 | GCMFX vs MUJ |
Compare GCMFX with Any Fund or Stock
Compare GCMFX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair GCMFX with funds that move differently
PIMCO California Municipal Opportunistic Value Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to GCMFX.
Explore GCMFX Diversifiers