Goldman Sachs Income Fund (GSCMX) belongs to the Multisector Bonds category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with GSCMX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to GSCMX
GSCMX charges 0.72% annually. There are 32 mutual funds in the Multisector Bonds category with lower expense ratios, going as low as 0.05%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Doubleline Selective Credit Fund | 0.05% | — | Aug 2014 | GSCMX vs DBSCX | |
| Vanguard Multi-Sector Income Bond Fund Admiral Sha... | 0.30% | — | Oct 2021 | GSCMX vs VMSAX | |
| JPMorgan Income Fund Class I | 0.40% | — | Jun 2014 | GSCMX vs JMSIX | |
| Boyd Watterson Limited Duration Enhanced Income Fu... | 0.40% | — | Jul 2016 | GSCMX vs BWDTX | |
| Mercer Opportunistic Fixed Income Fund | 0.44% | — | Aug 2013 | GSCMX vs MOFIX |
Best Risk-Adjusted Alternatives to GSCMX
GSCMX has a PortfoliosLab risk / return rank of 44. There are 48 mutual funds in the Multisector Bonds category with higher risk-adjusted ranks, going as high as 99.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Nationwide Amundi Strategic Income Fund | 99 | — | Nov 2015 | GSCMX vs NWXHX | |
| Nationwide Strategic Income A | 99 | — | Nov 2015 | GSCMX vs NWXEX | |
| Rational Special Situations Income Fund | 98 | — | Jul 2019 | GSCMX vs RFXIX | |
| Boyd Watterson Limited Duration Enhanced Income Fu... | 98 | — | Jul 2016 | GSCMX vs BWDTX | |
| Oaktree Diversified Income Fund Inc. Class D | 98 | — | Nov 2021 | GSCMX vs ODIDX |
Top Performing GSCMX Alternatives (YTD)
GSCMX is at 0.24% YTD. There are 58 mutual funds in the Multisector Bonds category with higher YTD returns, going as high as 3.47%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| abrdn Income Credit Strategies Fund | 3.47% | — | Jan 2011 | GSCMX vs ACP | |
| BrandywineGLOBAL - Flexible Bond Fund | 3.07% | — | May 2016 | GSCMX vs LFLIX | |
| Saba Capital Income & Opportunities Fund | 3.06% | — | Dec 1987 | GSCMX vs BRW | |
| Intrepid Income Fund | 2.85% | — | Aug 2010 | GSCMX vs ICMUX | |
| Nationwide Amundi Strategic Income Fund | 2.57% | — | Nov 2015 | GSCMX vs NWXHX |
Lowest Volatility Alternatives to GSCMX
GSCMX has 3.14% 1-year volatility. There are 44 mutual funds in the Multisector Bonds category with lower 1-year volatility, going as low as 1.17%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Nationwide Amundi Strategic Income Fund | 1.17% | — | Nov 2015 | GSCMX vs NWXHX | |
| Nationwide Strategic Income A | 1.24% | — | Nov 2015 | GSCMX vs NWXEX | |
| Boyd Watterson Limited Duration Enhanced Income Fu... | 1.31% | — | Jul 2016 | GSCMX vs BWDTX | |
| Rational Special Situations Income Fund | 1.38% | — | Jul 2019 | GSCMX vs RFXIX | |
| Oaktree Diversified Income Fund Inc. Class D | 1.47% | — | Nov 2021 | GSCMX vs ODIDX |
Lowest Drawdown Alternatives to GSCMX
GSCMX has a 1-year max drawdown of -2.93%. There are 54 mutual funds in the Multisector Bonds category with shallower 1-year drawdowns, going as shallow as -0.41%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Nationwide Amundi Strategic Income Fund | -0.41% | — | Nov 2015 | GSCMX vs NWXHX | |
| Nationwide Strategic Income A | -0.43% | — | Nov 2015 | GSCMX vs NWXEX | |
| Rational Special Situations Income Fund | -0.72% | — | Jul 2019 | GSCMX vs RFXIX | |
| CrossingBridge Low Duration High Yield Fund | -0.73% | — | Jan 2018 | GSCMX vs CBLDX | |
| Boyd Watterson Limited Duration Enhanced Income Fu... | -1.00% | — | Jul 2016 | GSCMX vs BWDTX |
Other Mutual Funds from Goldman Sachs
The 10 most viewed Goldman Sachs mutual funds shown here include GSIMX, GSINX, GCIIX and span 7 categories.
Often Compared With GSCMX
Investors most often compare GSCMX with GSRAX, VTI, VOO. These 16 comparison targets span 6 categories, based on PortfoliosLab usage data.
Compare GSCMX with Any Fund or Stock
Compare GSCMX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair GSCMX with funds that move differently
Goldman Sachs Income Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to GSCMX.
Explore GSCMX Diversifiers