iMGP High Income Alternatives Fund (MAHIX) 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 MAHIX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to MAHIX
MAHIX charges 0.98% annually. There are 35 mutual funds in the Nontraditional Bonds category with lower expense ratios, going as low as 0.47%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Putnam Mortgage Opportunities Fund | 0.47% | — | Apr 2015 | MAHIX vs PMOTX | |
| GMO Opportunistic Income Fund | 0.47% | — | Oct 2011 | MAHIX vs GMODX | |
| Carillon Reams Unconstrained Bond Fund | 0.50% | — | Sep 2011 | MAHIX vs SUBFX | |
| FPA Flexible Fixed Income Fund | 0.51% | — | Dec 2018 | MAHIX vs FPFIX | |
| PIMCO Strategic Bond Fund | 0.51% | — | Jan 2009 | MAHIX vs PUTIX |
Best Risk-Adjusted Alternatives to MAHIX
MAHIX has a PortfoliosLab risk / return rank of 95. There are 9 mutual funds in the Nontraditional Bonds category with higher risk-adjusted ranks, going as high as 100.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Victory Pioneer Cat Bond Fund Class Y | 100 | — | Jan 2023 | MAHIX vs CBYYX | |
| PGIM Securitized Credit Fund | 99 | — | Jun 2019 | MAHIX vs SCFZX | |
| Artisan Global Unconstrained Fund | 99 | — | Mar 2022 | MAHIX vs APFPX | |
| Eaton Vance Global Macro Absolute Return Fund | 99 | — | Jun 2007 | MAHIX vs EIGMX | |
| DoubleLine Flexible Income Fund | 98 | — | Apr 2014 | MAHIX vs DFLEX |
Top Performing MAHIX Alternatives (YTD)
MAHIX is at 2.00% YTD. There are 16 mutual funds in the Nontraditional Bonds category with higher YTD returns, going as high as 6.50%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Eaton Vance Global Macro Absolute Return Advantage... | 6.50% | — | Aug 2010 | MAHIX vs EGRIX | |
| Putnam Mortgage Opportunities Fund | 4.57% | — | Apr 2015 | MAHIX vs PMOTX | |
| Eaton Vance Global Macro Absolute Return Fund | 4.15% | — | Jun 2007 | MAHIX vs EIGMX | |
| Artisan Global Unconstrained Fund | 4.00% | — | Mar 2022 | MAHIX vs APFPX | |
| Anchor Risk Managed Credit Strategies Fund | 3.86% | — | Sep 2015 | MAHIX vs ATCSX |
Lowest Volatility Alternatives to MAHIX
MAHIX has 2.01% 1-year volatility. There are 11 mutual funds in the Nontraditional Bonds category with lower 1-year volatility, going as low as 1.00%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Dunham Long/Short Credit Fund | 1.00% | — | Dec 2004 | MAHIX vs DCAIX | |
| Victory Pioneer Cat Bond Fund Class Y | 1.23% | — | Jan 2023 | MAHIX vs CBYYX | |
| DoubleLine Flexible Income Fund | 1.31% | — | Apr 2014 | MAHIX vs DFLEX | |
| GMO Opportunistic Income Fund | 1.35% | — | Oct 2011 | MAHIX vs GMODX | |
| BlackRock Global Long/Short Credit Fund | 1.36% | — | Sep 2011 | MAHIX vs BGCIX |
Lowest Drawdown Alternatives to MAHIX
MAHIX has a 1-year max drawdown of -1.71%. There are 25 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 | MAHIX vs CBYYX | |
| PGIM Securitized Credit Fund | -0.31% | — | Jun 2019 | MAHIX vs SCFZX | |
| Dunham Long/Short Credit Fund | -0.37% | — | Dec 2004 | MAHIX vs DCAIX | |
| GMO Opportunistic Income Fund | -0.65% | — | Oct 2011 | MAHIX vs GMODX | |
| PGIM Absolute Return Bond Fund | -0.76% | — | Mar 2011 | MAHIX vs PADZX |
Other Mutual Funds from iM Global Partner Fund Management
The 4 most viewed iM Global Partner Fund Management mutual funds shown here include IDMIX, MSEFX, PFSVX and span 4 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| iMGP Dolan McEniry Corporate Bond Fund | Corporate Bonds | 36 | 0.08% | — | Sep 2018 | MAHIX vs IDMIX | |
| iMGP Equity Fund | Large Cap Blend Equities | 9 | 4.75% | — | Dec 1996 | MAHIX vs MSEFX | |
| iMGP SBH Focused Small Value Fund | Small Cap Value Equities | 14 | 6.42% | — | Jul 2020 | MAHIX vs PFSVX | |
| iMGP International Fund | Foreign Large Cap Equities | 25 | 8.20% | — | Dec 1997 | MAHIX vs MSILX |
Often Compared With MAHIX
Investors most often compare MAHIX with AFLIX, TUIFX, RPIDX. These 5 comparison targets span 1 categories, based on PortfoliosLab usage data.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Anfield Universal Fixed Income Fund | Nontraditional Bonds | 94 | 1.31% | — | Jun 2013 | MAHIX vs AFLIX | |
| Toews Unconstrained Income Fund | Nontraditional Bonds | 50 | 0.38% | — | Aug 2013 | MAHIX vs TUIFX | |
| T. Rowe Price Dynamic Credit Fund | Nontraditional Bonds | 83 | 0.81% | — | Jan 2019 | MAHIX vs RPIDX | |
| Wavelength Interest Rate Neutral Fund | Nontraditional Bonds | 80 | 3.33% | — | Sep 2013 | MAHIX vs WAVLX | |
| Templeton Global Total Return Fund | Nontraditional Bonds | 22 | 2.21% | — | Sep 2008 | MAHIX vs TTRZX |
Compare MAHIX with Any Fund or Stock
Compare MAHIX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair MAHIX with funds that move differently
iMGP High Income Alternatives Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to MAHIX.
Explore MAHIX Diversifiers