Allspring Core Bond Fund (MNTRX) belongs to the Intermediate Core Bond category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with MNTRX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to MNTRX
MNTRX charges 0.70% annually. There are 82 mutual funds in the Intermediate Core Bond category with lower expense ratios, going as low as 0.02%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Federated Hermes Mortgage Strategy Portfolio | 0.02% | — | Dec 2007 | MNTRX vs FMBPX | |
| State Street Aggregate Bond Index Portfolio | 0.02% | — | Sep 2014 | MNTRX vs SSAFX | |
| Fisher Investments Institutional Group Fixed Incom... | 0.03% | — | Dec 2019 | MNTRX vs QDIBX | |
| Fisher Investments Institutional Group ESG Fixed I... | 0.04% | — | Dec 2019 | MNTRX vs QDVBX | |
| iShares U.S. Aggregate Bond Index Fund | 0.05% | — | Jul 1993 | MNTRX vs WFBIX |
Best Risk-Adjusted Alternatives to MNTRX
MNTRX has a PortfoliosLab risk / return rank of 16. There are 79 mutual funds in the Intermediate Core Bond category with higher risk-adjusted ranks, going as high as 61.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Hartford Schroders Tax-Aware Bond Fund | 61 | — | Oct 2011 | MNTRX vs STWTX | |
| Loomis Sayles Securitized Asset Fund | 59 | — | Mar 2006 | MNTRX vs LSSAX | |
| PACE Mortgage-Backed Securities Fixed Income Inves... | 55 | — | Aug 1995 | MNTRX vs PCGTX | |
| Manning & Napier Credit Series | 44 | — | Apr 2020 | MNTRX vs MCDWX | |
| DFA Diversified Fixed Income Portfolio | 39 | — | Aug 2016 | MNTRX vs DFXIX |
Top Performing MNTRX Alternatives (YTD)
MNTRX is at -0.20% YTD. There are 72 mutual funds in the Intermediate Core Bond category with higher YTD returns, going as high as 2.72%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| PACE Mortgage-Backed Securities Fixed Income Inves... | 2.72% | — | Aug 1995 | MNTRX vs PCGTX | |
| Loomis Sayles Securitized Asset Fund | 1.20% | — | Mar 2006 | MNTRX vs LSSAX | |
| Hartford Schroders Tax-Aware Bond Fund | 1.08% | — | Oct 2011 | MNTRX vs STWTX | |
| DFA Diversified Fixed Income Portfolio | 0.77% | — | Aug 2016 | MNTRX vs DFXIX | |
| Fidelity SAI Investment Grade Securitized Fund | 0.76% | — | May 2023 | MNTRX vs FSMOX |
Lowest Volatility Alternatives to MNTRX
MNTRX has 3.92% 1-year volatility. There are 63 mutual funds in the Intermediate Core Bond category with lower 1-year volatility, going as low as 2.47%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Fidelity Education Income Fund | 2.47% | — | Mar 2021 | MNTRX vs FEDUX | |
| Baird Intermediate Bond Fund | 2.49% | — | Sep 2000 | MNTRX vs BIMSX | |
| Baird Intermediate Bond Fund Class Institutional | 2.50% | — | Sep 2000 | MNTRX vs BIMIX | |
| DFA Diversified Fixed Income Portfolio | 2.63% | — | Aug 2016 | MNTRX vs DFXIX | |
| Johnson Institutional Intermediate Bond Fund | 2.73% | — | Aug 2000 | MNTRX vs JIBEX |
Lowest Drawdown Alternatives to MNTRX
MNTRX has a 1-year max drawdown of -3.06%. There are 66 mutual funds in the Intermediate Core Bond category with shallower 1-year drawdowns, going as shallow as -1.69%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| DFA Diversified Fixed Income Portfolio | -1.69% | — | Aug 2016 | MNTRX vs DFXIX | |
| Fidelity Education Income Fund | -1.72% | — | Mar 2021 | MNTRX vs FEDUX | |
| Baird Intermediate Bond Fund | -1.87% | — | Sep 2000 | MNTRX vs BIMSX | |
| Baird Intermediate Bond Fund Class Institutional | -2.07% | — | Sep 2000 | MNTRX vs BIMIX | |
| Fidelity Intermediate Bond Fund | -2.11% | — | May 1975 | MNTRX vs FTHRX |
Other Mutual Funds from Allspring Global Investments
The 10 most viewed Allspring Global Investments mutual funds shown here include EKWAX, EKBAX, WFMIX and span 9 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Allspring Precious Metals Fund | Precious Metals | 25 | -9.93% | — | Jan 1998 | MNTRX vs EKWAX | |
| Allspring Diversified Capital Builder Fund | Diversified Portfolio | 92 | 33.16% | — | Jan 1998 | MNTRX vs EKBAX | |
| Allspring Special Mid Cap Value Fund Class I | Mid Cap Value Equities | 24 | 12.17% | — | — | MNTRX vs WFMIX | |
| Allspring Short-Term Bond Plus Fund | Short-Term Bond | 85 | 0.86% | — | Aug 1999 | MNTRX vs SSHIX | |
| Allspring Ultra Short-Term Income Fund | Ultrashort Bond | 99 | 1.74% | — | Aug 1999 | MNTRX vs SADIX | |
| Allspring Premier Large Company Growth Fund | Large Cap Growth Equities | 9 | 4.99% | — | Jan 1998 | MNTRX vs EKJAX | |
| Allspring Special Small Cap Value Fund | Small Cap Value Equities | 13 | 13.11% | — | May 1993 | MNTRX vs ESPAX | |
| Allspring Disciplined U.S. Core Fund | Large Cap Blend Equities | 71 | 11.95% | — | Feb 1990 | MNTRX vs EVSAX | |
| Allspring Discovery Mid Cap Growth Fund | Mid Cap Growth Equities | 12 | 8.90% | — | Feb 2000 | MNTRX vs SENAX | |
| Allspring Opportunity Fund | Large Cap Growth Equities | 19 | 9.42% | — | Feb 2000 | MNTRX vs SOPVX |
Often Compared With MNTRX
Investors most often compare MNTRX with VCORX, AMD, SMH. These 20 comparison targets span 17 categories, based on PortfoliosLab usage data.
Compare MNTRX with Any Fund or Stock
Compare MNTRX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair MNTRX with funds that move differently
Allspring Core Bond Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to MNTRX.
Explore MNTRX Diversifiers