Madison Core Bond Fund (MBOAX) belongs to the Intermediate Core Bond category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with MBOAX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to MBOAX
MBOAX charges 0.85% annually. There are 96 mutual funds in the Intermediate Core Bond category with lower expense ratios, going as low as 0.02%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Federated Hermes Mortgage Strategy Portfolio | 0.02% | — | Dec 2007 | MBOAX vs FMBPX | |
| State Street Aggregate Bond Index Portfolio | 0.02% | — | Sep 2014 | MBOAX vs SSAFX | |
| Fisher Investments Institutional Group Fixed Incom... | 0.03% | — | Dec 2019 | MBOAX vs QDIBX | |
| Fisher Investments Institutional Group ESG Fixed I... | 0.04% | — | Dec 2019 | MBOAX vs QDVBX | |
| iShares U.S. Aggregate Bond Index Fund | 0.05% | — | Jul 1993 | MBOAX vs WFBIX |
Best Risk-Adjusted Alternatives to MBOAX
MBOAX has a PortfoliosLab risk / return rank of 22. There are 55 mutual funds in the Intermediate Core Bond category with higher risk-adjusted ranks, going as high as 65.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Loomis Sayles Securitized Asset Fund | 65 | — | Mar 2006 | MBOAX vs LSSAX | |
| PACE Mortgage-Backed Securities Fixed Income Inves... | 55 | — | Aug 1995 | MBOAX vs PCGTX | |
| Hartford Schroders Tax-Aware Bond Fund | 49 | — | Oct 2011 | MBOAX vs STWTX | |
| Manning & Napier Credit Series | 44 | — | Apr 2020 | MBOAX vs MCDWX | |
| DFA Diversified Fixed Income Portfolio | 42 | — | Aug 2016 | MBOAX vs DFXIX |
Top Performing MBOAX Alternatives (YTD)
MBOAX is at 0.12% YTD. There are 80 mutual funds in the Intermediate Core Bond category with higher YTD returns, going as high as 3.02%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| PACE Mortgage-Backed Securities Fixed Income Inves... | 3.02% | — | Aug 1995 | MBOAX vs PCGTX | |
| Loomis Sayles Securitized Asset Fund | 1.24% | — | Mar 2006 | MBOAX vs LSSAX | |
| Hartford Schroders Tax-Aware Bond Fund | 1.07% | — | Oct 2011 | MBOAX vs STWTX | |
| Fidelity SAI Investment Grade Securitized Fund | 0.98% | — | May 2023 | MBOAX vs FSMOX | |
| DFA Diversified Fixed Income Portfolio | 0.94% | — | Aug 2016 | MBOAX vs DFXIX |
Lowest Volatility Alternatives to MBOAX
MBOAX has 3.81% 1-year volatility. There are 19 mutual funds in the Intermediate Core Bond category with lower 1-year volatility, going as low as 2.47%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Fidelity Education Income Fund | 2.47% | — | Mar 2021 | MBOAX vs FEDUX | |
| Baird Intermediate Bond Fund Class Institutional | 2.49% | — | Sep 2000 | MBOAX vs BIMIX | |
| Baird Intermediate Bond Fund | 2.53% | — | Sep 2000 | MBOAX vs BIMSX | |
| DFA Diversified Fixed Income Portfolio | 2.61% | — | Aug 2016 | MBOAX vs DFXIX | |
| Johnson Institutional Intermediate Bond Fund | 2.73% | — | Aug 2000 | MBOAX vs JIBEX |
Lowest Drawdown Alternatives to MBOAX
MBOAX has a 1-year max drawdown of -2.93%. There are 37 mutual funds in the Intermediate Core Bond category with shallower 1-year drawdowns, going as shallow as -1.69%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| DFA Diversified Fixed Income Portfolio | -1.69% | — | Aug 2016 | MBOAX vs DFXIX | |
| Fidelity Education Income Fund | -1.72% | — | Mar 2021 | MBOAX vs FEDUX | |
| Baird Intermediate Bond Fund | -1.87% | — | Sep 2000 | MBOAX vs BIMSX | |
| Baird Intermediate Bond Fund Class Institutional | -2.07% | — | Sep 2000 | MBOAX vs BIMIX | |
| CCM Community Impact Bond Fund | -2.15% | — | Aug 1999 | MBOAX vs CRAIX |
Other Mutual Funds from Madison Funds
The 10 most viewed Madison Funds mutual funds shown here include MAGSX, GTSGX, BHBFX and span 7 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Madison Aggressive Allocation Fund | Diversified Portfolio | 52 | 11.80% | — | Jun 2006 | MBOAX vs MAGSX | |
| Madison Mid Cap Fund | Mid Cap Blend Equities | 3 | -1.68% | — | Jul 1983 | MBOAX vs GTSGX | |
| Madison Dividend Income Fund | Large Cap Value Equities | 27 | 7.70% | — | Dec 1986 | MBOAX vs BHBFX | |
| Madison Covered Call & Equity Income Fund | Derivative Income | 46 | 5.89% | — | Oct 2009 | MBOAX vs MENYX | |
| Madison Small Cap Fund | Small Cap Blend Equities | 7 | 7.74% | — | Dec 1996 | MBOAX vs BVAOX | |
| Madison Investors Fund | Large Cap Blend Equities | 9 | 5.21% | — | Nov 1978 | MBOAX vs MINVX | |
| Madison Tax-Free National Fund | Municipal Bonds | 76 | 0.99% | — | Dec 1982 | MBOAX vs GTFHX | |
| Madison Conservative Allocation Fund | Diversified Portfolio | 50 | 5.15% | — | Jun 2006 | MBOAX vs MCNAX | |
| Madison Moderate Allocation Fund | Diversified Portfolio | 51 | 8.81% | — | Jun 2006 | MBOAX vs MMDAX | |
| Madison Diversified Income Fund | Diversified Portfolio | 45 | 3.79% | — | Dec 1997 | MBOAX vs MBLAX |
Often Compared With MBOAX
Investors most often compare MBOAX with MIIBX, PNIIX, DUTMX. These 14 comparison targets span 3 categories, based on PortfoliosLab usage data.
Compare MBOAX with Any Fund or Stock
Compare MBOAX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair MBOAX with funds that move differently
Madison Core Bond Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to MBOAX.
Explore MBOAX Diversifiers