AMG GW&K ESG Bond Fund (MGFIX) 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 MGFIX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to MGFIX
MGFIX charges 0.68% annually. There are 80 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 | MGFIX vs MCFIX | |
| State Street Income Fund | 0.20% | — | Jan 1980 | MGFIX vs SSASX | |
| TIAA-CREF Core Bond Fund | 0.29% | — | Jul 1999 | MGFIX vs TIBDX | |
| Elfun Income Fund | 0.29% | — | Dec 1984 | MGFIX vs EINFX | |
| Baird Core Plus Bond Fund | 0.30% | — | Sep 2000 | MGFIX vs BCOIX |
Best Risk-Adjusted Alternatives to MGFIX
MGFIX has a PortfoliosLab risk / return rank of 26. There are 74 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 | MGFIX vs HOBIX | |
| Leader Capital High Quality Income Fund Institutio... | 92 | — | Jul 2010 | MGFIX vs LCTIX | |
| Leader Capital High Quality Floating Rate Fund Inv... | 90 | — | Jul 2010 | MGFIX vs LCTRX | |
| MassMutual Diversified Bond Fund | 83 | — | May 1999 | MGFIX vs MDVAX | |
| GMO Multi-Sector Fixed Income Fund | 74 | — | Apr 1997 | MGFIX vs GUGAX |
Top Performing MGFIX Alternatives (YTD)
MGFIX is at 0.44% YTD. There are 72 mutual funds in the Intermediate Core-Plus Bond category with higher YTD returns, going as high as 2.89%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Putnam Mortgage Securities Fund | 2.89% | — | Feb 1984 | MGFIX vs PGSIX | |
| MassMutual Diversified Bond Fund | 2.59% | — | May 1999 | MGFIX vs MDVAX | |
| Holbrook Income Fund Class I | 2.43% | — | Jul 2016 | MGFIX vs HOBIX | |
| Ancora Income Fund | 2.39% | — | Jan 2004 | MGFIX vs AAIIX | |
| SEI Tax Exempt Trust Tax-Advantaged Income Fund | 2.21% | — | Sep 2007 | MGFIX vs SEATX |
Lowest Volatility Alternatives to MGFIX
MGFIX has 3.70% 1-year volatility. There are 28 mutual funds in the Intermediate Core-Plus Bond category with lower 1-year volatility, going as low as 1.04%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| AAMA Income Fund | 1.04% | — | Jun 2017 | MGFIX vs AMFIX | |
| Archer Income Fund | 1.79% | — | Mar 2011 | MGFIX vs ARINX | |
| ALPS/Smith Total Return Bond Fund | 1.90% | 3.25B | Jun 2018 | MGFIX vs SMTRX | |
| Leader Capital High Quality Floating Rate Fund Inv... | 1.91% | — | Jul 2010 | MGFIX vs LCTRX | |
| Leader Capital High Quality Income Fund Institutio... | 1.97% | — | Jul 2010 | MGFIX vs LCTIX |
Lowest Drawdown Alternatives to MGFIX
MGFIX has a 1-year max drawdown of -2.93%. There are 58 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 | MGFIX vs HOBIX | |
| AAMA Income Fund | -0.74% | — | Jun 2017 | MGFIX vs AMFIX | |
| GMO Multi-Sector Fixed Income Fund | -1.16% | — | Apr 1997 | MGFIX vs GUGAX | |
| Leader Capital High Quality Floating Rate Fund Inv... | -1.17% | — | Jul 2010 | MGFIX vs LCTRX | |
| Leader Capital High Quality Income Fund Institutio... | -1.17% | — | Jul 2010 | MGFIX vs LCTIX |
Other Mutual Funds from AMG
The 10 most viewed AMG mutual funds shown here include YACKX, YAFFX, MBDFX and span 7 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| AMG Yacktman Fund | Large Cap Value Equities | 13 | 19.98% | — | Jul 1992 | MGFIX vs YACKX | |
| AMG Yacktman Focused Fund | Large Cap Value Equities | 25 | 30.77% | — | May 1997 | MGFIX vs YAFFX | |
| AMG GW&K Core Bond ESG Fund | Intermediate Core Bond | 19 | -0.05% | — | Apr 1993 | MGFIX vs MBDFX | |
| AMG Yacktman Global Fund | Large Cap Blend Equities | 32 | 27.94% | — | Jan 2017 | MGFIX vs YFSIX | |
| AMG River Road Small-Mid Cap Value Fund | Small Cap Value Equities | 3 | -0.63% | — | Mar 2007 | MGFIX vs ARSMX | |
| AMG Veritas Global Real Return Fund | Large Cap Growth Equities | 1 | -6.58% | — | Jan 1991 | MGFIX vs BLUEX | |
| AMG TimesSquare Mid Cap Growth Fund | Mid Cap Growth Equities | 2 | 5.07% | — | Mar 2005 | MGFIX vs TMDIX | |
| AMG River Road Large Cap Value Select Fund | Large Cap Blend Equities | 1 | -4.53% | — | Aug 1992 | MGFIX vs MEQFX | |
| AMG River Road Small Cap Value Fund | Small Cap Value Equities | 2 | -0.70% | — | Jun 2005 | MGFIX vs ARSVX | |
| AMG GW&K Small Cap Value Fund | Small Cap Blend Equities | 27 | 18.45% | — | Apr 1987 | MGFIX vs SKSEX |
Often Compared With MGFIX
Investors most often compare MGFIX with VBTLX, SSSFX, LMSMX. These 11 comparison targets span 5 categories, based on PortfoliosLab usage data.
Compare MGFIX with Any Fund or Stock
Compare MGFIX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair MGFIX with funds that move differently
AMG GW&K ESG Bond Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to MGFIX.
Explore MGFIX Diversifiers