Kensington Managed Income Fund (KAMIX) 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 KAMIX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to KAMIX
KAMIX charges 1.36% annually. There are 51 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 | KAMIX vs GMODX | |
| Putnam Mortgage Opportunities Fund | 0.47% | — | Apr 2015 | KAMIX vs PMOTX | |
| Carillon Reams Unconstrained Bond Fund | 0.50% | — | Sep 2011 | KAMIX vs SUBFX | |
| PIMCO Strategic Bond Fund | 0.51% | — | Jan 2009 | KAMIX vs PUTIX | |
| FPA Flexible Fixed Income Fund | 0.51% | — | Dec 2018 | KAMIX vs FPFIX |
Best Risk-Adjusted Alternatives to KAMIX
KAMIX has a PortfoliosLab risk / return rank of 56. There are 40 mutual funds in the Nontraditional Bonds category with higher risk-adjusted ranks, going as high as 100.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Cliffwater Enhanced Lending Fund | 100 | — | Jul 2021 | KAMIX vs CELFX | |
| Victory Pioneer Cat Bond Fund Class Y | 100 | — | Jan 2023 | KAMIX vs CBYYX | |
| PGIM Securitized Credit Fund | 100 | — | Jun 2019 | KAMIX vs SCFZX | |
| Eaton Vance Global Macro Absolute Return Fund | 99 | — | Jun 2007 | KAMIX vs EIGMX | |
| Artisan Global Unconstrained Fund | 99 | — | Mar 2022 | KAMIX vs APFPX |
Top Performing KAMIX Alternatives (YTD)
KAMIX is at 1.35% YTD. There are 28 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 | KAMIX vs EGRIX | |
| Putnam Mortgage Opportunities Fund | 5.66% | — | Apr 2015 | KAMIX vs PMOTX | |
| Eaton Vance Global Macro Absolute Return Fund | 5.42% | — | Jun 2007 | KAMIX vs EIGMX | |
| Artisan Global Unconstrained Fund | 5.21% | — | Mar 2022 | KAMIX vs APFPX | |
| Cliffwater Enhanced Lending Fund | 4.46% | — | Jul 2021 | KAMIX vs CELFX |
Lowest Volatility Alternatives to KAMIX
KAMIX has 3.16% 1-year volatility. There are 50 mutual funds in the Nontraditional Bonds category with lower 1-year volatility, going as low as 0.85%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Cliffwater Enhanced Lending Fund | 0.85% | — | Jul 2021 | KAMIX vs CELFX | |
| Dunham Long/Short Credit Fund | 1.00% | — | Dec 2004 | KAMIX vs DCAIX | |
| Victory Pioneer Cat Bond Fund Class Y | 1.20% | — | Jan 2023 | KAMIX vs CBYYX | |
| GMO Opportunistic Income Fund | 1.32% | — | Oct 2011 | KAMIX vs GMODX | |
| BlackRock Global Long/Short Credit Fund | 1.36% | — | Sep 2011 | KAMIX vs BGCIX |
Lowest Drawdown Alternatives to KAMIX
KAMIX has a 1-year max drawdown of -2.55%. There are 48 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 | KAMIX vs CBYYX | |
| Cliffwater Enhanced Lending Fund | -0.18% | — | Jul 2021 | KAMIX vs CELFX | |
| PGIM Securitized Credit Fund | -0.31% | — | Jun 2019 | KAMIX vs SCFZX | |
| Dunham Long/Short Credit Fund | -0.37% | — | Dec 2004 | KAMIX vs DCAIX | |
| GMO Opportunistic Income Fund | -0.65% | — | Oct 2011 | KAMIX vs GMODX |
Other Mutual Funds from Advisors Preferred
The 10 most viewed Advisors Preferred mutual funds shown here include SVARX, HFSAX, OTRFX and span 4 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Spectrum Low Volatility Fund | Nontraditional Bonds | 63 | 0.93% | — | Dec 2013 | KAMIX vs SVARX | |
| Hundredfold Select Alternative Fund Investor Class | Tactical Allocation | 58 | 0.62% | — | — | KAMIX vs HFSAX | |
| OnTrack Core Fund | Tactical Allocation | 81 | 4.93% | — | Jan 2013 | KAMIX vs OTRFX | |
| Quantified Managed Income Fund | Diversified Portfolio | 4 | -0.25% | — | Aug 2013 | KAMIX vs QBDSX | |
| Hundredfold Select Alternative Fund | Tactical Allocation | 44 | 0.00% | — | Aug 2004 | KAMIX vs SFHYX | |
| Quantified Evolution Plus Fund | Tactical Allocation | 84 | 43.03% | — | Sep 2019 | KAMIX vs QEVOX | |
| Spectrum Active Advantage Fund | Tactical Allocation | 11 | -4.26% | — | May 2015 | KAMIX vs SAPEX | |
| Quantified Alternative Investment Fund | Multistrategy | 56 | 4.62% | — | Aug 2013 | KAMIX vs QALTX | |
| Quantified Pattern Recognition Fund | Diversified Portfolio | 21 | -6.43% | — | Aug 2019 | KAMIX vs QSPMX | |
| Quantified STF Fund | Tactical Allocation | 24 | 13.27% | — | Nov 2015 | KAMIX vs QSTFX |
Often Compared With KAMIX
Investors most often compare KAMIX with NTBIX, ATESX, PONPX. These 19 comparison targets span 9 categories, based on PortfoliosLab usage data.
Compare KAMIX with Any Fund or Stock
Compare KAMIX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair KAMIX with funds that move differently
Kensington Managed Income Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to KAMIX.
Explore KAMIX Diversifiers