MFS Multimarket Income Trust (MMT) Alternatives
MFS Multimarket Income Trust (MMT) 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 MMT. 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 MMT
MMT charges 0.03% annually. Among mutual funds in the Multisector Bonds category, these options have the lowest expense ratios among MMT alternatives.
| Symbol | Name | Expense Ratio | Inception | |
|---|---|---|---|---|
| Eaton Vance Short Duration Diversified Income Fund | 0.02% | Feb 28, 2005 | MMT vs EVG | |
| Nuveen Multi-Market Income Fund | 0.04% | Dec 30, 1988 | MMT vs JMM | |
| KKR Income Opportunities Fund | 0.04% | Jul 25, 2013 | MMT vs KIO | |
| Doubleline Selective Credit Fund | 0.05% | Aug 3, 2014 | MMT vs DBSCX | |
| Vanguard Multi-Sector Income Bond Fund Admiral Sha... | 0.30% | Oct 12, 2021 | MMT vs VMSAX |
Best Risk-Adjusted Alternatives to MMT
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 | MMT vs NWXHX | |
| CrossingBridge Low Duration High Yield Fund | 98 | Jan 30, 2018 | MMT vs CBLDX | |
| Nationwide Strategic Income A | 98 | Nov 2, 2015 | MMT vs NWXEX | |
| Easterly Income Opportunities Fund | 98 | Aug 20, 2018 | MMT vs JSVIX | |
| Doubleline Selective Credit Fund | 98 | Aug 3, 2014 | MMT vs DBSCX |
Top Performing MMT Alternatives (YTD)
MMT alternatives from the Multisector Bonds category, sorted by year-to-date return.
| Symbol | Name | YTD Return | Inception | |
|---|---|---|---|---|
| Brookfield Real Assets Income Fund Inc. | 1.98% | — | MMT vs RA | |
| Conquer Risk Managed Volatility Fund | 1.11% | Jun 30, 2020 | MMT vs CRMVX | |
| Rational Special Situations Income Fund | 1.01% | Jul 16, 2019 | MMT vs RFXIX | |
| Doubleline Selective Credit Fund | 0.84% | Aug 3, 2014 | MMT vs DBSCX | |
| Nationwide Amundi Strategic Income Fund | 0.76% | Nov 1, 2015 | MMT vs NWXHX |
Lowest Volatility Alternatives to MMT
MMT 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 | MMT vs CBLDX | |
| Rational Special Situations Income Fund | 1.56% | Jul 16, 2019 | MMT vs RFXIX | |
| Muzinich Low Duration Fund | 1.57% | Jun 29, 2016 | MMT vs MZLSX | |
| Nationwide Strategic Income A | 1.60% | Nov 2, 2015 | MMT vs NWXEX | |
| Nationwide Amundi Strategic Income Fund | 1.62% | Nov 1, 2015 | MMT vs NWXHX |
Lowest Drawdown Alternatives to MMT
MMT 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 | MMT vs CBLDX | |
| Rational Special Situations Income Fund | -0.94% | Jul 16, 2019 | MMT vs RFXIX | |
| Nationwide Strategic Income A | -1.20% | Nov 2, 2015 | MMT vs NWXEX | |
| Axonic Strategic Income Fund | -1.22% | Dec 29, 2019 | MMT vs AXSIX | |
| Boyd Watterson Limited Duration Enhanced Income Fu... | -1.22% | Jul 28, 2016 | MMT vs BWDTX |
Often Compared With MMT
What investors most often compare with MMT, based on PortfoliosLab usage data.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | Inception | |
|---|---|---|---|---|---|---|
| Touchstone Strategic Income Opportunities Fund | Multisector Bonds | 86 | -0.39% | Oct 31, 1993 | MMT vs TQPAX | |
| Angel Oak Multi-Strategy Income Fund | Multisector Bonds | 97 | 0.41% | Jun 27, 2011 | MMT vs ANGLX | |
| CrossingBridge Responsible Credit Fund | Multisector Bonds | 81 | 0.44% | Jun 29, 2021 | MMT vs CBRDX | |
| TCW Strategic Income Fund Inc. | Multisector Bonds | 4 | -7.86% | — | MMT vs TSI | |
| Eaton Vance Strategic Income Fund Class I | Multisector Bonds | 98 | 0.53% | Apr 3, 2009 | MMT vs ESIIX |
Compare MMT with Any Fund or Stock
Compare MMT with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.