MFS Income Fund (MFIOX) 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 MFIOX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to MFIOX
MFIOX charges 0.73% annually. There are 95 mutual funds in the Intermediate Core-Plus Bond category with lower expense ratios, going as low as 0.16%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Mercer Core Fixed Income Fund | 0.16% | — | Aug 2005 | MFIOX vs MCFIX | |
| State Street Income Fund | 0.20% | — | Jan 1980 | MFIOX vs SSASX | |
| TIAA-CREF Core Bond Fund | 0.29% | — | Jul 1999 | MFIOX vs TIBDX | |
| Elfun Income Fund | 0.29% | — | Dec 1984 | MFIOX vs EINFX | |
| Baird Core Plus Bond Fund | 0.30% | — | Sep 2000 | MFIOX vs BCOIX |
Best Risk-Adjusted Alternatives to MFIOX
MFIOX has a PortfoliosLab risk / return rank of 16. There are 64 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 | |
|---|---|---|---|---|---|
| Holbrook Income Fund Class I | 98 | — | Jul 2016 | MFIOX vs HOBIX | |
| GMO Multi-Sector Fixed Income Fund | 89 | — | Apr 1997 | MFIOX vs GUGAX | |
| Leader Capital High Quality Income Fund Institutio... | 86 | — | Jul 2010 | MFIOX vs LCTIX | |
| MassMutual Diversified Bond Fund | 82 | — | May 1999 | MFIOX vs MDVAX | |
| Leader Capital High Quality Floating Rate Fund Inv... | 81 | — | Jul 2010 | MFIOX vs LCTRX |
Top Performing MFIOX Alternatives (YTD)
MFIOX is at -0.68% YTD. There are 51 mutual funds in the Intermediate Core-Plus Bond category with higher YTD returns, going as high as 2.50%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Nuveen Core Plus Impact Fund | 2.50% | — | Apr 2021 | MFIOX vs NPCT | |
| Holbrook Income Fund Class I | 2.33% | — | Jul 2016 | MFIOX vs HOBIX | |
| MassMutual Diversified Bond Fund | 2.33% | — | May 1999 | MFIOX vs MDVAX | |
| Putnam Mortgage Securities Fund | 1.90% | — | Feb 1984 | MFIOX vs PGSIX | |
| Ancora Income Fund | 1.60% | — | Jan 2004 | MFIOX vs AAIIX |
Lowest Volatility Alternatives to MFIOX
MFIOX has 3.53% 1-year volatility. There are 20 mutual funds in the Intermediate Core-Plus Bond category with lower 1-year volatility, going as low as 1.17%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| AAMA Income Fund | 1.17% | — | Jun 2017 | MFIOX vs AMFIX | |
| Archer Income Fund | 1.83% | — | Mar 2011 | MFIOX vs ARINX | |
| Leader Capital High Quality Floating Rate Fund Inv... | 2.05% | — | Jul 2010 | MFIOX vs LCTRX | |
| Holbrook Income Fund Class I | 2.05% | — | Jul 2016 | MFIOX vs HOBIX | |
| Leader Capital High Quality Income Fund Institutio... | 2.10% | — | Jul 2010 | MFIOX vs LCTIX |
Lowest Drawdown Alternatives to MFIOX
MFIOX has a 1-year max drawdown of -2.81%. There are 38 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 | |
|---|---|---|---|---|---|
| Holbrook Income Fund Class I | -0.51% | — | Jul 2016 | MFIOX vs HOBIX | |
| AAMA Income Fund | -0.74% | — | Jun 2017 | MFIOX vs AMFIX | |
| GMO Multi-Sector Fixed Income Fund | -1.00% | — | Apr 1997 | MFIOX vs GUGAX | |
| Leader Capital High Quality Income Fund Institutio... | -1.17% | — | Jul 2010 | MFIOX vs LCTIX | |
| Leader Capital High Quality Floating Rate Fund Inv... | -1.17% | — | Jul 2010 | MFIOX vs LCTRX |
Other Mutual Funds from MFS
The 10 most viewed MFS mutual funds shown here include MIEIX, MEIKX, MDIJX and span 4 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| MFS International Equity Fund Class R6 | Foreign Large Cap Equities | 37 | 8.45% | — | Jan 1996 | MFIOX vs MIEIX | |
| MFS Value Fund | Large Cap Value Equities | 75 | 11.15% | — | May 2006 | MFIOX vs MEIKX | |
| MFS International Diversification Fund | Foreign Large Cap Equities | 57 | 11.17% | — | Sep 2004 | MFIOX vs MDIJX | |
| MFS Value Fund Class I | Large Cap Value Equities | 74 | 11.07% | — | Feb 1996 | MFIOX vs MEIIX | |
| MFS Massachusetts Investors Growth Stock Fund | Large Cap Growth Equities | 5 | -2.12% | — | Jan 1935 | MFIOX vs MIGFX | |
| MFS Growth R6 | Large Cap Growth Equities | 6 | 1.45% | — | Jun 2012 | MFIOX vs MFEKX | |
| MFS Growth I | Large Cap Growth Equities | 6 | 1.39% | — | Jul 1997 | MFIOX vs MFEIX | |
| MFS International Intrinsic Value Fund Class I | Large Cap Growth Equities, Foreign Large Cap Equities | 44 | 8.16% | — | — | MFIOX vs MINIX | |
| MFS Value Fund | Large Cap Value Equities | 73 | 10.91% | — | Jan 1996 | MFIOX vs MEIAX | |
| MFS Massachusetts Investors Trust | Large Cap Blend Equities | 33 | 7.99% | — | Jul 1924 | MFIOX vs MITTX |
Often Compared With MFIOX
Investors most often compare MFIOX with MACIX, MFBFX, MHITX. These 20 comparison targets span 14 categories, based on PortfoliosLab usage data.
Compare MFIOX with Any Fund or Stock
Compare MFIOX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair MFIOX with funds that move differently
MFS Income Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to MFIOX.
Explore MFIOX Diversifiers