Madison Diversified Income Fund (MBLAX) Alternatives
Madison Diversified Income Fund (MBLAX) 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 MBLAX. Use the tables to find lower-cost options, better risk-adjusted returns, or funds that fit a different role in your portfolio.
Cheapest Alternatives to MBLAX
MBLAX charges 1.11% annually. Among mutual funds in the Diversified Portfolio category, these options have the lowest expense ratios among MBLAX alternatives.
| Symbol | Name | Expense Ratio | Inception | |
|---|---|---|---|---|
| Fidelity 70% Allocation Fund | 0.02% | Jan 1, 2022 | MBLAX vs FRGAX | |
| PGIM 60/40 Allocation Fund | 0.03% | Sep 12, 2017 | MBLAX vs PALDX | |
| TIAA-CREF Lifestyle Aggressive Growth Fund | 0.04% | Dec 8, 2011 | MBLAX vs TSAIX | |
| Fidelity Sustainable Multi-Asset Fund | 0.05% | Feb 9, 2022 | MBLAX vs FYMIX | |
| Baron WealthBuilder Fund | 0.05% | Dec 28, 2017 | MBLAX vs BWBIX |
Best Risk-Adjusted Alternatives to MBLAX
Among mutual funds in the Diversified Portfolio category, these options rank highest on PortfoliosLab's risk-adjusted score, which accounts for volatility, drawdown, and return consistency over a 1-year period.
| Symbol | Name | Risk / Return Rank | Inception | |
|---|---|---|---|---|
| SEI Asset Allocation Trust Defensive Strategy Allo... | 99 | Nov 16, 2003 | MBLAX vs STDAX | |
| Thornburg Investment Income Builder Fund Class I | 98 | Dec 24, 2002 | MBLAX vs TIBIX | |
| Chartwell Income Fund | 96 | Sep 2, 1987 | MBLAX vs BERIX | |
| Nuveen Flexible Income Fund | 95 | Dec 8, 2009 | MBLAX vs NWQIX | |
| Pioneer Multi-Asset Income Fund A | 93 | Dec 22, 2011 | MBLAX vs PMAIX |
Top Performing MBLAX Alternatives (YTD)
MBLAX alternatives from the Diversified Portfolio category, sorted by year-to-date return.
| Symbol | Name | YTD Return | Inception | |
|---|---|---|---|---|
| SEI Institutional Managed Trust Multi-Asset Inflat... | 9.34% | Apr 8, 2012 | MBLAX vs SIFAX | |
| PGIM Real Assets Fund | 9.23% | Dec 29, 2010 | MBLAX vs PUDZX | |
| ICON Equity Income Fund | 8.64% | May 9, 2004 | MBLAX vs IOEZX | |
| DWS RREEF Real Assets Fund - Class A | 8.59% | Jul 30, 2007 | MBLAX vs AAAAX | |
| Concorde Wealth Management Fund | 8.18% | Dec 3, 1987 | MBLAX vs CONWX |
Lowest Volatility Alternatives to MBLAX
MBLAX alternatives from the Diversified Portfolio category, sorted by annualized volatility over the past year.
| Symbol | Name | Volatility 1Y | Inception | |
|---|---|---|---|---|
| SEI Asset Allocation Trust Defensive Strategy Allo... | 0.93% | Nov 16, 2003 | MBLAX vs STDAX | |
| SEI Institutional Managed Trust Multi-Asset Capita... | 2.64% | Apr 8, 2012 | MBLAX vs SCLAX | |
| Ave Maria Bond Fund | 3.44% | Apr 30, 2003 | MBLAX vs AVEFX | |
| American Funds College 2027 Fund | 3.47% | Sep 13, 2012 | MBLAX vs CSTAX | |
| SEI Asset Allocation Trust Conservative Strategy F... | 3.66% | Nov 16, 2003 | MBLAX vs SICIX |
Lowest Drawdown Alternatives to MBLAX
MBLAX alternatives from the Diversified Portfolio category, sorted by maximum drawdown over the past year.
| Symbol | Name | Max Drawdown 1Y | Inception | |
|---|---|---|---|---|
| SEI Asset Allocation Trust Defensive Strategy Allo... | -0.59% | Nov 16, 2003 | MBLAX vs STDAX | |
| SEI Institutional Managed Trust Multi-Asset Capita... | -2.32% | Apr 8, 2012 | MBLAX vs SCLAX | |
| Ave Maria Bond Fund | -2.52% | Apr 30, 2003 | MBLAX vs AVEFX | |
| American Funds College 2027 Fund | -2.72% | Sep 13, 2012 | MBLAX vs CSTAX | |
| SEI Asset Allocation Trust Conservative Strategy F... | -2.73% | Nov 16, 2003 | MBLAX vs SICIX |
Other Mutual Funds from Madison Funds
Most popular Madison Funds mutual funds on PortfoliosLab, across asset classes.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | Inception | |
|---|---|---|---|---|---|---|
| Madison Aggressive Allocation Fund | Diversified Portfolio | 31 | -3.24% | Jun 29, 2006 | MBLAX vs MAGSX | |
| Madison Mid Cap Fund | Mid Cap Blend Equities | 5 | -6.46% | Jul 21, 1983 | MBLAX vs GTSGX | |
| Madison Investors Fund | Large Cap Blend Equities | 5 | -5.07% | Nov 1, 1978 | MBLAX vs MINVX | |
| Madison Covered Call & Equity Income Fund | Derivative Income | 50 | 4.35% | Oct 29, 2009 | MBLAX vs MENYX | |
| Madison Small Cap Fund | Small Cap Blend Equities | 4 | -2.62% | Dec 16, 1996 | MBLAX vs BVAOX | |
| Madison Dividend Income Fund | Large Cap Value Equities | 34 | 4.89% | Dec 18, 1986 | MBLAX vs BHBFX | |
| Madison Moderate Allocation Fund | Diversified Portfolio | 34 | -2.67% | Jun 29, 2006 | MBLAX vs MMDAX | |
| Madison Tax-Free National Fund | Municipal Bonds | 56 | -0.51% | Dec 29, 1982 | MBLAX vs GTFHX | |
| Madison Core Bond Fund | Intermediate Core Bond | 50 | -0.36% | Dec 29, 1997 | MBLAX vs MBOAX | |
| Madison Conservative Allocation Fund | Diversified Portfolio | 46 | -1.76% | Jun 29, 2006 | MBLAX vs MCNAX |
Compare MBLAX with Any Fund or Stock
Compare MBLAX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.