MCFIX Alternatives & Similar Mutual Funds

Mercer Core Fixed Income Fund (MCFIX) belongs to the Intermediate Core-Plus Bond category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with MCFIX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.

Cheapest Alternatives to MCFIX

MCFIX charges 0.16% annually. No mutual funds in the Intermediate Core-Plus Bond category have lower expense ratios; the lowest-cost alternatives shown here go as low as 0.20%.

Symbol	Name	Expense Ratio	AUM	Inception
SSASX	State Street Income Fund	0.20%	—	Jan 1980	MCFIX vs SSASX
EINFX	Elfun Income Fund	0.29%	—	Dec 1984	MCFIX vs EINFX
TIBDX	TIAA-CREF Core Bond Fund	0.29%	—	Jul 1999	MCFIX vs TIBDX
BCOIX	Baird Core Plus Bond Fund	0.30%	—	Sep 2000	MCFIX vs BCOIX
BCPIX	Brandes Core Plus Fixed Income Fund	0.30%	—	Dec 2007	MCFIX vs BCPIX

Best Risk-Adjusted Alternatives to MCFIX

MCFIX has a PortfoliosLab risk / return rank of 10. There are 123 mutual funds in the Intermediate Core-Plus Bond category with higher risk-adjusted ranks, going as high as 98.

Symbol	Name	Risk / Return Rank	AUM	Inception
HOBIX	Holbrook Income Fund Class I	98	—	Jul 2016	MCFIX vs HOBIX
LCTIX	Leader Capital High Quality Income Fund Institutio...	93	—	Jul 2010	MCFIX vs LCTIX
LCTRX	Leader Capital High Quality Floating Rate Fund Inv...	91	—	Jul 2010	MCFIX vs LCTRX
MDVAX	MassMutual Diversified Bond Fund	82	—	May 1999	MCFIX vs MDVAX
AMFIX	AAMA Income Fund	71	—	Jun 2017	MCFIX vs AMFIX

Top Performing MCFIX Alternatives (YTD)

MCFIX is at -1.10% YTD. There are 125 mutual funds in the Intermediate Core-Plus Bond category with higher YTD returns, going as high as 3.14%.

Symbol	Name	YTD Return	AUM	Inception
NPCT	Nuveen Core Plus Impact Fund	3.14%	—	Apr 2021	MCFIX vs NPCT
PGSIX	Putnam Mortgage Securities Fund	2.76%	—	Feb 1984	MCFIX vs PGSIX
AAIIX	Ancora Income Fund	2.68%	—	Jan 2004	MCFIX vs AAIIX
MDVAX	MassMutual Diversified Bond Fund	2.59%	—	May 1999	MCFIX vs MDVAX
HOBIX	Holbrook Income Fund Class I	2.43%	—	Jul 2016	MCFIX vs HOBIX

Lowest Volatility Alternatives to MCFIX

MCFIX has 4.13% 1-year volatility. There are 100 mutual funds in the Intermediate Core-Plus Bond category with lower 1-year volatility, going as low as 1.05%.

Symbol	Name	Volatility 1Y	AUM	Inception
AMFIX	AAMA Income Fund	1.05%	—	Jun 2017	MCFIX vs AMFIX
ARINX	Archer Income Fund	1.79%	—	Mar 2011	MCFIX vs ARINX
LCTRX	Leader Capital High Quality Floating Rate Fund Inv...	1.91%	—	Jul 2010	MCFIX vs LCTRX
LCTIX	Leader Capital High Quality Income Fund Institutio...	1.97%	—	Jul 2010	MCFIX vs LCTIX
HOBIX	Holbrook Income Fund Class I	2.01%	—	Jul 2016	MCFIX vs HOBIX

Lowest Drawdown Alternatives to MCFIX

MCFIX has a 1-year max drawdown of -3.75%. There are 119 mutual funds in the Intermediate Core-Plus Bond category with shallower 1-year drawdowns, going as shallow as -0.51%.

Symbol	Name	Max Drawdown 1Y	AUM	Inception
HOBIX	Holbrook Income Fund Class I	-0.51%	—	Jul 2016	MCFIX vs HOBIX
AMFIX	AAMA Income Fund	-0.74%	—	Jun 2017	MCFIX vs AMFIX
GUGAX	GMO Multi-Sector Fixed Income Fund	-1.16%	—	Apr 1997	MCFIX vs GUGAX
LCTRX	Leader Capital High Quality Floating Rate Fund Inv...	-1.17%	—	Jul 2010	MCFIX vs LCTRX
LCTIX	Leader Capital High Quality Income Fund Institutio...	-1.17%	—	Jul 2010	MCFIX vs LCTIX

Other Mutual Funds from Mercer Funds

The 4 most viewed Mercer Funds mutual funds shown here include MOFIX, MSCGX, MNCEX and span 4 categories.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
MOFIX	Mercer Opportunistic Fixed Income Fund	Multisector Bonds	24	-1.06%	—	Aug 2013	MCFIX vs MOFIX
MSCGX	Mercer US Small/Mid Cap Equity Fund	Small Cap Blend Equities	53	11.35%	—	Aug 2005	MCFIX vs MSCGX
MNCEX	Mercer Non-US Core Equity Fund	Foreign Large Cap Equities	53	9.40%	—	Aug 2006	MCFIX vs MNCEX
MEMQX	Mercer Emerging Markets Equity Fund	Emerging Markets Diversified	93	26.80%	—	Apr 2012	MCFIX vs MEMQX

Often Compared With MCFIX

Investors most often compare MCFIX with PBMPX, JAFLX, ANBAX. These 20 comparison targets span 1 categories, based on PortfoliosLab usage data.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
PBMPX	Principal Core Plus Bond Fund	Intermediate Core-Plus Bond	20	0.19%	—	Dec 2000	MCFIX vs PBMPX
JAFLX	Janus Henderson VIT Flexible Bond Portfolio	Intermediate Core-Plus Bond	22	0.20%	—	Sep 1993	MCFIX vs JAFLX
ANBAX	American Funds Strategic Bond Fund	Intermediate Core-Plus Bond	6	-0.81%	—	Mar 2016	MCFIX vs ANBAX
JCPUX	JPMorgan Core Plus Bond Fund Class R6	Intermediate Core-Plus Bond	36	0.89%	—	Feb 2005	MCFIX vs JCPUX
CGBIX	Calvert Green Bond Fund	Intermediate Core-Plus Bond	28	0.40%	—	Oct 2013	MCFIX vs CGBIX
PINCX	Putnam Income Fund	Intermediate Core-Plus Bond	34	0.72%	—	Nov 1954	MCFIX vs PINCX
ACGYX	AB Income Fund	Intermediate Core-Plus Bond	20	0.47%	—	Aug 1987	MCFIX vs ACGYX
DOXIX	Dodge & Cox Income Fund Class X	Intermediate Core-Plus Bond	28	0.45%	—	May 2022	MCFIX vs DOXIX
HLIPX	JPMorgan Core Plus Bond Fund	Intermediate Core-Plus Bond	25	0.44%	—	Mar 1993	MCFIX vs HLIPX
PDBZX	PGIM Total Return Bond Fund Class Z	Intermediate Core-Plus Bond	24	0.64%	—	Jan 1997	MCFIX vs PDBZX
IIBAX	Voya Intermediate Bond Fund	Intermediate Core-Plus Bond	14	0.41%	—	Dec 1998	MCFIX vs IIBAX
MRBIX	MFS Total Return Bond Fund	Intermediate Core-Plus Bond	25	0.52%	—	Jan 1999	MCFIX vs MRBIX
FTRFX	Federated Hermes Total Return Bond Fund	Intermediate Core-Plus Bond	24	-0.08%	—	Oct 1996	MCFIX vs FTRFX
SCPZX	Carillon Reams Core Plus Bond Fund	Intermediate Core-Plus Bond	28	0.81%	—	Nov 1996	MCFIX vs SCPZX
GIBIX	Guggenheim Total Return Bond Fund	Intermediate Core-Plus Bond	29	0.59%	—	Nov 2011	MCFIX vs GIBIX
PTIAX	Performance Trust Strategic Bond Fund	Intermediate Core-Plus Bond	25	0.70%	—	Aug 2010	MCFIX vs PTIAX
FIWGX	Strategic Advisers Fidelity Core Income Fund	Intermediate Core-Plus Bond	18	0.17%	—	Oct 2018	MCFIX vs FIWGX
EBABX	Eaton Vance Total Return Bond Fund Class A	Intermediate Core-Plus Bond	27	0.41%	—	Nov 2009	MCFIX vs EBABX
IDITX	Transamerica Bond	Intermediate Core-Plus Bond	23	0.47%	—	Jun 1987	MCFIX vs IDITX
UTBPX	UBS Multi Income Bond Fund	Intermediate Core-Plus Bond	41	1.23%	—	Dec 1972	MCFIX vs UTBPX

Compare MCFIX with Any Fund or Stock

Compare MCFIX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.

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Diversifiers

Pair MCFIX with funds that move differently

Mercer Core Fixed Income Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to MCFIX.

Explore MCFIX Diversifiers

Mercer Core Fixed Income Fund (MCFIX) Alternatives