JPMorgan Managed Income Fund (JMGIX) belongs to the Ultrashort Bond category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with JMGIX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to JMGIX
JMGIX charges 0.25% annually. There are 11 mutual funds in the Ultrashort Bond category with lower expense ratios, going as low as 0.05%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Federated Hermes Conservative Microshort Fund | 0.05% | — | Feb 2021 | JMGIX vs FHCOX | |
| DFA One Year Fixed Income Portfolio | 0.13% | — | Jul 1983 | JMGIX vs DFIHX | |
| Baird Ultra Short Bond Fund Institutional Class | 0.15% | — | Dec 2013 | JMGIX vs BUBIX | |
| Six Circles Tax Aware Ultra Short Duration Fund | 0.15% | — | Jul 2018 | JMGIX vs CUTAX | |
| DFA Two-Year Government Portfolio | 0.17% | — | Jun 1996 | JMGIX vs DFYGX |
Best Risk-Adjusted Alternatives to JMGIX
JMGIX has a PortfoliosLab risk / return rank of 98. There are 42 mutual funds in the Ultrashort Bond category with higher risk-adjusted ranks, going as high as 100.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Tactical Multi-Purpose Fund | 100 | — | Mar 2017 | JMGIX vs TMPFX | |
| Navigator Ultra Short Term Bond Fund | 100 | — | Mar 2019 | JMGIX vs NUSIX | |
| Baird Ultra Short Bond Fund | 100 | — | Dec 2013 | JMGIX vs BUBSX | |
| DFA One Year Fixed Income Portfolio | 100 | — | Jul 1983 | JMGIX vs DFIHX | |
| PIMCO Short Asset Investment Fund | 100 | — | May 2012 | JMGIX vs PAIPX |
Top Performing JMGIX Alternatives (YTD)
JMGIX is at 1.60% YTD. There are 45 mutual funds in the Ultrashort Bond category with higher YTD returns, going as high as 2.62%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Semper Short Duration Fund | 2.62% | — | Dec 2010 | JMGIX vs SEMRX | |
| PIMCO Short Term Fund | 2.39% | — | Oct 1987 | JMGIX vs PTSHX | |
| PIMCO Short Asset Investment Fund | 2.23% | — | May 2012 | JMGIX vs PAIPX | |
| SEI Institutional Investments Trust Opportunistic ... | 2.14% | — | Dec 2006 | JMGIX vs ENIAX | |
| T. Rowe Price Ultra Short-Term Bond Fund | 2.12% | — | Dec 2012 | JMGIX vs TRBUX |
Lowest Volatility Alternatives to JMGIX
JMGIX has 1.37% 1-year volatility. There are 36 mutual funds in the Ultrashort Bond category with lower 1-year volatility, going as low as 0.57%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Tactical Multi-Purpose Fund | 0.57% | — | Mar 2017 | JMGIX vs TMPFX | |
| Navigator Ultra Short Term Bond Fund | 0.61% | — | Mar 2019 | JMGIX vs NUSIX | |
| DFA One Year Fixed Income Portfolio | 0.64% | — | Jul 1983 | JMGIX vs DFIHX | |
| Baird Ultra Short Bond Fund | 0.65% | — | Dec 2013 | JMGIX vs BUBSX | |
| Permanent Portfolio Short-Term Treasury Portfolio | 0.66% | — | Sep 1987 | JMGIX vs PRTBX |
Lowest Drawdown Alternatives to JMGIX
JMGIX has a 1-year max drawdown of -0.40%. There are 34 mutual funds in the Ultrashort Bond category with shallower 1-year drawdowns, going as shallow as -0.10%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| DFA One Year Fixed Income Portfolio | -0.10% | — | Jul 1983 | JMGIX vs DFIHX | |
| Fidelity Conservative Income Bond Institutional Cl... | -0.10% | — | Mar 2011 | JMGIX vs FCNVX | |
| Morgan Stanley Institutional Fund Trust Ultra-Shor... | -0.10% | — | Apr 2016 | JMGIX vs MUIIX | |
| Fidelity Series Treasury Bill Index Fund | -0.10% | — | Aug 2018 | JMGIX vs FHQFX | |
| Baird Ultra Short Bond Fund | -0.10% | — | Dec 2013 | JMGIX vs BUBSX |
Other Mutual Funds from BlackRock
The 10 most viewed BlackRock mutual funds shown here include ECAT, WFSPX, BDMIX and span 9 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| BlackRock ESG Capital Allocation Term Trust | Tactical Allocation, Derivative Income, ESG | 40 | 14.87% | — | Sep 2021 | JMGIX vs ECAT | |
| iShares S&P 500 Index Fund Class K | S&P 500 | 68 | 11.30% | — | Jul 1993 | JMGIX vs WFSPX | |
| BlackRock Global Equity Market Neutral Fund Class ... | Equity Market Neutral | 96 | 11.80% | — | Dec 2012 | JMGIX vs BDMIX | |
| BlackRock LifePath Index 2055 Fund | Target Retirement Date | 68 | 12.25% | — | May 2011 | JMGIX vs LIVIX | |
| Fidelity Asset Manager 70% Fund | Diversified Portfolio | 77 | 11.70% | — | Dec 1991 | JMGIX vs FASGX | |
| AlphaSimplex Managed Futures Strategy Fund Class Y | Systematic Trend | 55 | 9.82% | — | Jul 2010 | JMGIX vs ASFYX | |
| BlackRock Enhanced Equity Dividend Fund | Derivative Income | 43 | 6.43% | — | Aug 2005 | JMGIX vs BDJ | |
| BlackRock Technology Opportunities Fund Investor A | Technology Equities | 41 | 31.15% | — | Apr 2000 | JMGIX vs BGSAX | |
| Fidelity Asset Manager 40% Fund | Diversified Portfolio | 80 | 7.36% | — | Oct 2007 | JMGIX vs FFANX | |
| Fidelity Asset Manager 85% Fund | Diversified Portfolio | 76 | 13.91% | — | Sep 1999 | JMGIX vs FAMRX |
Often Compared With JMGIX
Investors most often compare JMGIX with VIMAX, SADIX, VOO. These 19 comparison targets span 11 categories, based on PortfoliosLab usage data.
Compare JMGIX with Any Fund or Stock
Compare JMGIX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair JMGIX with funds that move differently
JPMorgan Managed Income Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to JMGIX.
Explore JMGIX Diversifiers