Miller Income Fund (LMCLX) belongs to the Diversified Portfolio category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with LMCLX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to LMCLX
LMCLX charges 0.96% annually. There are 392 mutual funds in the Diversified Portfolio category with lower expense ratios, going as low as 0.02%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Fidelity 70% Allocation Fund | 0.02% | — | Jan 2022 | LMCLX vs FRGAX | |
| PGIM 60/40 Allocation Fund | 0.03% | — | Sep 2017 | LMCLX vs PALDX | |
| TIAA-CREF Lifestyle Aggressive Growth Fund | 0.04% | — | Dec 2011 | LMCLX vs TSAIX | |
| Baron WealthBuilder Fund | 0.05% | — | Dec 2017 | LMCLX vs BWBIX | |
| Vanguard Tax-Managed Balanced Fund Admiral Shares | 0.05% | 12.30B | Sep 1994 | LMCLX vs VTMFX |
Best Risk-Adjusted Alternatives to LMCLX
LMCLX has a PortfoliosLab risk / return rank of 23. There are 503 mutual funds in the Diversified Portfolio category with higher risk-adjusted ranks, going as high as 99.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| SEI Asset Allocation Trust Defensive Strategy Allo... | 99 | — | Nov 2003 | LMCLX vs STDAX | |
| Thornburg Investment Income Builder Fund Class I | 98 | — | Dec 2002 | LMCLX vs TIBIX | |
| Nuveen Flexible Income Fund | 97 | — | Dec 2009 | LMCLX vs NWQIX | |
| Pioneer Balanced ESG Fund | 94 | — | Dec 1991 | LMCLX vs AYBLX | |
| Victory Pioneer Balanced Fund Class A | 94 | — | Dec 1991 | LMCLX vs AOBLX |
Top Performing LMCLX Alternatives (YTD)
LMCLX is at 4.96% YTD. There are 331 mutual funds in the Diversified Portfolio category with higher YTD returns, going as high as 33.82%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Allspring Diversified Capital Builder Fund | 33.82% | — | Jan 1998 | LMCLX vs EKBAX | |
| Greenspring Fund | 21.42% | — | Jun 1983 | LMCLX vs GRSPX | |
| MH Elite Small Cap Fund of Funds Fund | 19.08% | — | Aug 1998 | LMCLX vs MHELX | |
| Thornburg Investment Income Builder Fund Class I | 16.76% | — | Dec 2002 | LMCLX vs TIBIX | |
| ICON Equity Income Fund | 13.95% | — | May 2004 | LMCLX vs IOEZX |
Lowest Volatility Alternatives to LMCLX
LMCLX has 13.35% 1-year volatility. There are 511 mutual funds in the Diversified Portfolio category with lower 1-year volatility, going as low as 0.85%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| SEI Asset Allocation Trust Defensive Strategy Allo... | 0.85% | — | Nov 2003 | LMCLX vs STDAX | |
| SEI Institutional Managed Trust Multi-Asset Capita... | 2.83% | — | Apr 2012 | LMCLX vs SCLAX | |
| SEI Asset Allocation Trust Conservative Strategy F... | 2.85% | — | Nov 2003 | LMCLX vs SICIX | |
| Ave Maria Bond Fund | 2.99% | — | Apr 2003 | LMCLX vs AVEFX | |
| American Funds College 2027 Fund | 3.14% | — | Sep 2012 | LMCLX vs CSTAX |
Lowest Drawdown Alternatives to LMCLX
LMCLX has a 1-year max drawdown of -9.69%. There are 510 mutual funds in the Diversified Portfolio category with shallower 1-year drawdowns, going as shallow as -0.36%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| SEI Asset Allocation Trust Defensive Strategy Allo... | -0.36% | — | Nov 2003 | LMCLX vs STDAX | |
| SEI Institutional Managed Trust Multi-Asset Capita... | -2.32% | — | Apr 2012 | LMCLX vs SCLAX | |
| DFA Global Allocation 25/75 Portfolio | -2.64% | — | Dec 2003 | LMCLX vs DGTSX | |
| SEI Asset Allocation Trust Conservative Strategy F... | -2.65% | — | Nov 2003 | LMCLX vs SICIX | |
| American Funds College 2027 Fund | -2.72% | — | Sep 2012 | LMCLX vs CSTAX |
Other Mutual Funds from Miller Value Funds
The 1 most viewed Miller Value Funds mutual funds shown here include LMOPX and span 1 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Miller Opportunity Trust | Mid Cap Blend Equities | 37 | 6.75% | — | Dec 1999 | LMCLX vs LMOPX |
Often Compared With LMCLX
Investors most often compare LMCLX with QDVE.DE, LMT, PMAIX. These 20 comparison targets span 4 categories, based on PortfoliosLab usage data.
Compare LMCLX with Any Fund or Stock
Compare LMCLX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair LMCLX with funds that move differently
Miller Income Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to LMCLX.
Explore LMCLX Diversifiers