American Funds Multi-Sector Income Fund (MIAQX) Alternatives
American Funds Multi-Sector Income Fund (MIAQX) 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 MIAQX. 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 MIAQX
MIAQX charges 0.78% annually. Among mutual funds in the Multisector Bonds category, these options have the lowest expense ratios among MIAQX alternatives.
| Symbol | Name | Expense Ratio | Inception | |
|---|---|---|---|---|
| Doubleline Selective Credit Fund | 0.05% | Aug 3, 2014 | MIAQX vs DBSCX | |
| Vanguard Multi-Sector Income Bond Fund Admiral Sha... | 0.30% | Oct 12, 2021 | MIAQX vs VMSAX | |
| JPMorgan Income Fund | 0.40% | Jun 1, 2014 | MIAQX vs JMSIX | |
| Boyd Watterson Limited Duration Enhanced Income Fu... | 0.40% | Jul 28, 2016 | MIAQX vs BWDTX | |
| Mercer Opportunistic Fixed Income Fund | 0.44% | Aug 20, 2013 | MIAQX vs MOFIX |
Best Risk-Adjusted Alternatives to MIAQX
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 | MIAQX vs NWXHX | |
| CrossingBridge Low Duration High Yield Fund | 98 | Jan 30, 2018 | MIAQX vs CBLDX | |
| Nationwide Strategic Income A | 98 | Nov 2, 2015 | MIAQX vs NWXEX | |
| Easterly Income Opportunities Fund | 98 | Aug 20, 2018 | MIAQX vs JSVIX | |
| Doubleline Selective Credit Fund | 98 | Aug 3, 2014 | MIAQX vs DBSCX |
Top Performing MIAQX Alternatives (YTD)
MIAQX 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 | MIAQX vs CRMVX | |
| Rational Special Situations Income Fund | 1.01% | Jul 16, 2019 | MIAQX vs RFXIX | |
| Doubleline Selective Credit Fund | 0.84% | Aug 3, 2014 | MIAQX vs DBSCX | |
| Nationwide Amundi Strategic Income Fund | 0.76% | Nov 1, 2015 | MIAQX vs NWXHX | |
| Axonic Strategic Income Fund | 0.69% | Dec 29, 2019 | MIAQX vs AXSIX |
Lowest Volatility Alternatives to MIAQX
MIAQX 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 | MIAQX vs CBLDX | |
| Rational Special Situations Income Fund | 1.56% | Jul 16, 2019 | MIAQX vs RFXIX | |
| Muzinich Low Duration Fund | 1.57% | Jun 29, 2016 | MIAQX vs MZLSX | |
| Nationwide Strategic Income A | 1.60% | Nov 2, 2015 | MIAQX vs NWXEX | |
| Nationwide Amundi Strategic Income Fund | 1.62% | Nov 1, 2015 | MIAQX vs NWXHX |
Lowest Drawdown Alternatives to MIAQX
MIAQX 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 | MIAQX vs CBLDX | |
| Rational Special Situations Income Fund | -0.94% | Jul 16, 2019 | MIAQX vs RFXIX | |
| Nationwide Strategic Income A | -1.20% | Nov 2, 2015 | MIAQX vs NWXEX | |
| Axonic Strategic Income Fund | -1.22% | Dec 29, 2019 | MIAQX vs AXSIX | |
| Boyd Watterson Limited Duration Enhanced Income Fu... | -1.22% | Jul 28, 2016 | MIAQX vs BWDTX |
Other Mutual Funds from American Funds
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Often Compared With MIAQX
What investors most often compare with MIAQX, based on PortfoliosLab usage data.
Compare MIAQX with Any Fund or Stock
Compare MIAQX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.