Matisse Discounted Bond CEF Strategy (MDFIX) Alternatives
Matisse Discounted Bond CEF Strategy (MDFIX) belongs to the Multisector Bonds category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with MDFIX. 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 MDFIX
MDFIX charges 0.99% annually. Among mutual funds in the Multisector Bonds category, these options have the lowest expense ratios among MDFIX alternatives.
| Symbol | Name | Expense Ratio | Inception | |
|---|---|---|---|---|
| Doubleline Selective Credit Fund | 0.05% | Aug 3, 2014 | MDFIX vs DBSCX | |
| Vanguard Multi-Sector Income Bond Fund Admiral Sha... | 0.30% | Oct 12, 2021 | MDFIX vs VMSAX | |
| JPMorgan Income Fund | 0.40% | Jun 1, 2014 | MDFIX vs JMSIX | |
| Boyd Watterson Limited Duration Enhanced Income Fu... | 0.40% | Jul 28, 2016 | MDFIX vs BWDTX | |
| Mercer Opportunistic Fixed Income Fund | 0.44% | Aug 20, 2013 | MDFIX vs MOFIX |
Best Risk-Adjusted Alternatives to MDFIX
Among mutual funds in the Multisector Bonds 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 | |
|---|---|---|---|---|
| Nationwide Amundi Strategic Income Fund | 99 | Nov 1, 2015 | MDFIX vs NWXHX | |
| CrossingBridge Low Duration High Yield Fund | 98 | Jan 30, 2018 | MDFIX vs CBLDX | |
| Nationwide Strategic Income A | 98 | Nov 2, 2015 | MDFIX vs NWXEX | |
| Easterly Income Opportunities Fund | 98 | Aug 20, 2018 | MDFIX vs JSVIX | |
| Doubleline Selective Credit Fund | 98 | Aug 3, 2014 | MDFIX vs DBSCX |
Top Performing MDFIX Alternatives (YTD)
MDFIX alternatives from the Multisector Bonds category, sorted by year-to-date return.
| Symbol | Name | YTD Return | Inception | |
|---|---|---|---|---|
| Conquer Risk Managed Volatility Fund | 1.11% | Jun 30, 2020 | MDFIX vs CRMVX | |
| Rational Special Situations Income Fund | 1.01% | Jul 16, 2019 | MDFIX vs RFXIX | |
| Doubleline Selective Credit Fund | 0.84% | Aug 3, 2014 | MDFIX vs DBSCX | |
| Nationwide Amundi Strategic Income Fund | 0.76% | Nov 1, 2015 | MDFIX vs NWXHX | |
| Axonic Strategic Income Fund | 0.69% | Dec 29, 2019 | MDFIX vs AXSIX |
Lowest Volatility Alternatives to MDFIX
MDFIX alternatives from the Multisector Bonds category, sorted by annualized volatility over the past year.
| Symbol | Name | Volatility 1Y | Inception | |
|---|---|---|---|---|
| CrossingBridge Low Duration High Yield Fund | 1.45% | Jan 30, 2018 | MDFIX vs CBLDX | |
| Rational Special Situations Income Fund | 1.56% | Jul 16, 2019 | MDFIX vs RFXIX | |
| Muzinich Low Duration Fund | 1.57% | Jun 29, 2016 | MDFIX vs MZLSX | |
| Nationwide Strategic Income A | 1.60% | Nov 2, 2015 | MDFIX vs NWXEX | |
| Nationwide Amundi Strategic Income Fund | 1.62% | Nov 1, 2015 | MDFIX vs NWXHX |
Lowest Drawdown Alternatives to MDFIX
MDFIX alternatives from the Multisector Bonds category, sorted by maximum drawdown over the past year.
| Symbol | Name | Max Drawdown 1Y | Inception | |
|---|---|---|---|---|
| CrossingBridge Low Duration High Yield Fund | -0.93% | Jan 30, 2018 | MDFIX vs CBLDX | |
| Rational Special Situations Income Fund | -0.94% | Jul 16, 2019 | MDFIX vs RFXIX | |
| Nationwide Strategic Income A | -1.20% | Nov 2, 2015 | MDFIX vs NWXEX | |
| Axonic Strategic Income Fund | -1.22% | Dec 29, 2019 | MDFIX vs AXSIX | |
| Boyd Watterson Limited Duration Enhanced Income Fu... | -1.22% | Jul 28, 2016 | MDFIX vs BWDTX |
Other Mutual Funds from Matisse Funds
Most popular Matisse Funds mutual funds on PortfoliosLab, across asset classes.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | Inception | |
|---|---|---|---|---|---|---|
| Matisse Discounted Closed-End Fund Strategy | Tactical Allocation | 71 | -4.88% | Oct 30, 2012 | MDFIX vs MDCEX |
Often Compared With MDFIX
What investors most often compare with MDFIX, based on PortfoliosLab usage data.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | Inception | |
|---|---|---|---|---|---|---|
| Fidelity Strategic Income Fund | Total Bond Market | 93 | -0.89% | Oct 31, 1994 | MDFIX vs FADMX | |
| PIMCO Corporate & Income Opportunity Fund | Corporate Bonds | 2 | -3.88% | Dec 24, 2002 | MDFIX vs PTY | |
| Saba Closed-End Funds ETF | Diversified Portfolio, Actively Managed | 66 | -0.33% | Mar 21, 2017 | MDFIX vs CEFS |
Compare MDFIX with Any Fund or Stock
Compare MDFIX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.