Miller Convertible Bond Fund (MCIFX) belongs to the Convertible Bonds category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with MCIFX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to MCIFX
MCIFX charges 0.97% annually. There are 7 mutual funds in the Convertible Bonds category with lower expense ratios, going as low as 0.68%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Invesco Convertible Securities Fund | 0.68% | — | Jul 1997 | MCIFX vs CNSDX | |
| Virtus Convertible Fund | 0.71% | — | Apr 1993 | MCIFX vs ANNPX | |
| Advent Convertible and Income Fund | 0.75% | — | Apr 2003 | MCIFX vs AVK | |
| Lord Abbett Convertible Fund Class F3 | 0.82% | — | Jun 2003 | MCIFX vs LOCFX | |
| Franklin Convertible Securities Fund | 0.83% | — | Apr 1987 | MCIFX vs FISCX |
Best Risk-Adjusted Alternatives to MCIFX
MCIFX has a PortfoliosLab risk / return rank of 87. No mutual funds in the Convertible Bonds category have higher risk-adjusted ranks; the top alternatives shown here go as high as 83.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Calamos Global Convertible Fund | 83 | — | Dec 2014 | MCIFX vs CXGCX | |
| Calamos Convertible Opportunities and Income Fund | 76 | — | Jun 1997 | MCIFX vs CHI | |
| Calamos Convertible and High Income Closed Fund | 74 | — | May 2003 | MCIFX vs CHY | |
| Virtus Convertible Fund | 73 | — | Apr 1993 | MCIFX vs ANNPX | |
| Harbor Convertible Securities Fund | 70 | — | May 2011 | MCIFX vs HICSX |
Top Performing MCIFX Alternatives (YTD)
MCIFX is at 9.37% YTD. There are 13 mutual funds in the Convertible Bonds category with higher YTD returns, going as high as 27.95%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Calamos Convertible Opportunities and Income Fund | 27.95% | — | Jun 1997 | MCIFX vs CHI | |
| Calamos Convertible and High Income Closed Fund | 21.01% | — | May 2003 | MCIFX vs CHY | |
| Columbia Convertible Securities Fund | 17.53% | — | Sep 1987 | MCIFX vs PACIX | |
| Invesco Convertible Securities Fund | 17.34% | — | Jul 1997 | MCIFX vs CNSDX | |
| Harbor Convertible Securities Fund | 16.30% | — | May 2011 | MCIFX vs HICSX |
Lowest Volatility Alternatives to MCIFX
MCIFX has 5.29% 1-year volatility. No mutual funds in the Convertible Bonds category have lower 1-year volatility; the lowest-volatility alternatives shown here go as low as 7.16%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Rational/Pier 88 Convertible Securities Fund | 7.16% | — | Dec 2019 | MCIFX vs PBXIX | |
| Calamos Global Convertible Fund | 10.76% | — | Dec 2014 | MCIFX vs CXGCX | |
| Franklin Convertible Securities Fund | 11.28% | — | Apr 1987 | MCIFX vs FISCX | |
| Advent Convertible and Income Fund | 14.70% | — | Apr 2003 | MCIFX vs AVK | |
| Virtus Convertible Fund | 15.33% | — | Apr 1993 | MCIFX vs ANNPX |
Lowest Drawdown Alternatives to MCIFX
MCIFX has a 1-year max drawdown of -4.53%. No mutual funds in the Convertible Bonds category have shallower 1-year drawdowns; the lowest-drawdown alternatives shown here go as shallow as -5.16%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Rational/Pier 88 Convertible Securities Fund | -5.16% | — | Dec 2019 | MCIFX vs PBXIX | |
| Calamos Global Convertible Fund | -5.75% | — | Dec 2014 | MCIFX vs CXGCX | |
| Franklin Convertible Securities Fund | -6.38% | — | Apr 1987 | MCIFX vs FISCX | |
| Harbor Convertible Securities Fund | -6.92% | — | May 2011 | MCIFX vs HICSX | |
| Lord Abbett Convertible Fund Class F3 | -7.02% | — | Jun 2003 | MCIFX vs LOCFX |
Other Mutual Funds from Miller Investment
The 1 most viewed Miller Investment mutual funds shown here include MIFIX and span 1 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Miller Intermediate Bond Fund | Corporate Bonds | 94 | 5.97% | — | Dec 2014 | MCIFX vs MIFIX |
Often Compared With MCIFX
Investors most often compare MCIFX with PCONX, WESRX, LCFYX. These 6 comparison targets span 1 categories, based on PortfoliosLab usage data.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Putnam Convertible Securities Fund | Convertible Bonds | 37 | 14.43% | — | Jun 1972 | MCIFX vs PCONX | |
| TETON Convertible Securities Fund | Convertible Bonds | 27 | 11.96% | — | Sep 1997 | MCIFX vs WESRX | |
| Lord Abbett Convertible Fund | Convertible Bonds | 45 | 12.36% | — | Jun 2003 | MCIFX vs LCFYX | |
| Virtus Convertible and Income Fund II | Convertible Bonds | 55 | 13.54% | — | Jul 2003 | MCIFX vs NCZ | |
| The Gabelli Convertible and Income Securities Fund... | Convertible Bonds | 82 | 16.73% | — | Jul 1989 | MCIFX vs GCV | |
| High Income Securities Fund | Convertible Bonds | 2 | -3.78% | — | Jul 1987 | MCIFX vs PCF |
Compare MCIFX with Any Fund or Stock
Compare MCIFX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair MCIFX with funds that move differently
Miller Convertible Bond Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to MCIFX.
Explore MCIFX Diversifiers