GMO Multi-Sector Fixed Income Fund (GUGAX) belongs to the Intermediate Core-Plus Bond category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with GUGAX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to GUGAX
GUGAX charges 0.45% annually. There are 22 mutual funds in the Intermediate Core-Plus Bond category with lower expense ratios, going as low as 0.16%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Mercer Core Fixed Income Fund | 0.16% | — | Aug 2005 | GUGAX vs MCFIX | |
| State Street Income Fund | 0.20% | — | Jan 1980 | GUGAX vs SSASX | |
| Elfun Income Fund | 0.29% | — | Dec 1984 | GUGAX vs EINFX | |
| TIAA-CREF Core Bond Fund | 0.29% | — | Jul 1999 | GUGAX vs TIBDX | |
| Brandes Core Plus Fixed Income Fund | 0.30% | — | Dec 2007 | GUGAX vs BCPIX |
Best Risk-Adjusted Alternatives to GUGAX
GUGAX has a PortfoliosLab risk / return rank of 83. There are 4 mutual funds in the Intermediate Core-Plus Bond category with higher risk-adjusted ranks, going as high as 99.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Holbrook Income Fund Class I | 99 | — | Jul 2016 | GUGAX vs HOBIX | |
| Leader Capital High Quality Income Fund Institutio... | 96 | — | Jul 2010 | GUGAX vs LCTIX | |
| Leader Capital High Quality Floating Rate Fund Inv... | 95 | — | Jul 2010 | GUGAX vs LCTRX | |
| MassMutual Diversified Bond Fund | 86 | — | May 1999 | GUGAX vs MDVAX | |
| AAMA Income Fund | 75 | — | Jun 2017 | GUGAX vs AMFIX |
Top Performing GUGAX Alternatives (YTD)
GUGAX is at 0.96% YTD. There are 13 mutual funds in the Intermediate Core-Plus Bond category with higher YTD returns, going as high as 3.62%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| 1290 Diversified Bond Fund | 3.62% | — | Jul 2015 | GUGAX vs TNUIX | |
| Nuveen Core Plus Impact Fund | 3.14% | — | Apr 2021 | GUGAX vs NPCT | |
| MassMutual Diversified Bond Fund | 2.93% | — | May 1999 | GUGAX vs MDVAX | |
| Putnam Mortgage Securities Fund | 2.68% | — | Feb 1984 | GUGAX vs PGSIX | |
| SEI Tax Exempt Trust Tax-Advantaged Income Fund | 2.56% | — | Sep 2007 | GUGAX vs SEATX |
Lowest Volatility Alternatives to GUGAX
GUGAX has 2.70% 1-year volatility. There are 5 mutual funds in the Intermediate Core-Plus Bond category with lower 1-year volatility, going as low as 1.14%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| AAMA Income Fund | 1.14% | — | Jun 2017 | GUGAX vs AMFIX | |
| Archer Income Fund | 1.81% | — | Mar 2011 | GUGAX vs ARINX | |
| Leader Capital High Quality Floating Rate Fund Inv... | 1.94% | — | Jul 2010 | GUGAX vs LCTRX | |
| Leader Capital High Quality Income Fund Institutio... | 2.00% | — | Jul 2010 | GUGAX vs LCTIX | |
| Holbrook Income Fund Class I | 2.04% | — | Jul 2016 | GUGAX vs HOBIX |
Lowest Drawdown Alternatives to GUGAX
GUGAX has a 1-year max drawdown of -1.00%. There are 2 mutual funds in the Intermediate Core-Plus Bond category with shallower 1-year drawdowns, going as shallow as -0.51%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Holbrook Income Fund Class I | -0.51% | — | Jul 2016 | GUGAX vs HOBIX | |
| AAMA Income Fund | -0.74% | — | Jun 2017 | GUGAX vs AMFIX | |
| Leader Capital High Quality Floating Rate Fund Inv... | -1.17% | — | Jul 2010 | GUGAX vs LCTRX | |
| Leader Capital High Quality Income Fund Institutio... | -1.17% | — | Jul 2010 | GUGAX vs LCTIX | |
| Archer Income Fund | -1.57% | — | Mar 2011 | GUGAX vs ARINX |
Other Mutual Funds from GMO
The 10 most viewed GMO mutual funds shown here include GQETX, GMOIX, GMGEX and span 8 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| GMO Quality Fund | Large Cap Blend Equities | 36 | 6.43% | — | Feb 2004 | GUGAX vs GQETX | |
| GMO International Equity Fund | Foreign Large Cap Equities | 83 | 18.66% | — | Mar 1987 | GUGAX vs GMOIX | |
| GMO Global Equity Allocation Fund | Global Equities | 90 | 18.48% | — | Nov 1996 | GUGAX vs GMGEX | |
| GMO Emerging Country Debt Fund Class VI | Emerging Markets Bonds | 98 | 9.17% | — | Apr 1994 | GUGAX vs GMOQX | |
| GMO U.S. Treasury Fund | Government Bonds | 99 | 1.59% | — | Mar 2009 | GUGAX vs GUSTX | |
| GMO International Developed Equity Allocation Fund | Foreign Large Cap Equities | 87 | 18.20% | — | Jun 2006 | GUGAX vs GIOTX | |
| GMO Tax-Managed International Equities Fund | Foreign Large Cap Equities | 92 | 14.91% | — | Jul 1998 | GUGAX vs GTMIX | |
| GMO Benchmark-Free Fund | Global Allocation | 95 | 10.60% | — | Jun 2011 | GUGAX vs GBFFX | |
| GMO Asset Allocation Bond Fund | Inflation-Protected Bonds | 2 | -5.46% | — | Mar 2009 | GUGAX vs GABFX | |
| GMO Alternative Allocation Fund | Multistrategy | 68 | 1.96% | — | May 2019 | GUGAX vs GAAVX |
Often Compared With GUGAX
Investors most often compare GUGAX with JCPUX, AAIIX, GMCDX. These 20 comparison targets span 4 categories, based on PortfoliosLab usage data.
Compare GUGAX with Any Fund or Stock
Compare GUGAX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair GUGAX with funds that move differently
GMO Multi-Sector Fixed Income Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to GUGAX.
Explore GUGAX Diversifiers