MFS Total Return Bond Fund (MRBIX) 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 MRBIX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to MRBIX
MRBIX charges 0.45% annually. There are 21 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 | MRBIX vs MCFIX | |
| State Street Income Fund | 0.20% | — | Jan 1980 | MRBIX vs SSASX | |
| TIAA-CREF Core Bond Fund | 0.29% | — | Jul 1999 | MRBIX vs TIBDX | |
| Elfun Income Fund | 0.29% | — | Dec 1984 | MRBIX vs EINFX | |
| Baird Core Plus Bond Fund | 0.30% | — | Sep 2000 | MRBIX vs BCOIX |
Best Risk-Adjusted Alternatives to MRBIX
MRBIX has a PortfoliosLab risk / return rank of 27. 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 | MRBIX vs HOBIX | |
| Leader Capital High Quality Income Fund Institutio... | 92 | — | Jul 2010 | MRBIX vs LCTIX | |
| Leader Capital High Quality Floating Rate Fund Inv... | 90 | — | Jul 2010 | MRBIX vs LCTRX | |
| MassMutual Diversified Bond Fund | 83 | — | May 1999 | MRBIX vs MDVAX | |
| GMO Multi-Sector Fixed Income Fund | 74 | — | Apr 1997 | MRBIX vs GUGAX |
Top Performing MRBIX Alternatives (YTD)
MRBIX is at 0.52% YTD. There are 59 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 | MRBIX vs PGSIX | |
| MassMutual Diversified Bond Fund | 2.59% | — | May 1999 | MRBIX vs MDVAX | |
| Holbrook Income Fund Class I | 2.43% | — | Jul 2016 | MRBIX vs HOBIX | |
| Ancora Income Fund | 2.39% | — | Jan 2004 | MRBIX vs AAIIX | |
| SEI Tax Exempt Trust Tax-Advantaged Income Fund | 2.21% | — | Sep 2007 | MRBIX vs SEATX |
Lowest Volatility Alternatives to MRBIX
MRBIX has 3.86% 1-year volatility. There are 53 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 | MRBIX vs AMFIX | |
| Archer Income Fund | 1.79% | — | Mar 2011 | MRBIX vs ARINX | |
| ALPS/Smith Total Return Bond Fund | 1.90% | 3.25B | Jun 2018 | MRBIX vs SMTRX | |
| Leader Capital High Quality Floating Rate Fund Inv... | 1.91% | — | Jul 2010 | MRBIX vs LCTRX | |
| Leader Capital High Quality Income Fund Institutio... | 1.97% | — | Jul 2010 | MRBIX vs LCTIX |
Lowest Drawdown Alternatives to MRBIX
MRBIX has a 1-year max drawdown of -2.77%. There are 32 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 | MRBIX vs HOBIX | |
| AAMA Income Fund | -0.74% | — | Jun 2017 | MRBIX vs AMFIX | |
| GMO Multi-Sector Fixed Income Fund | -1.16% | — | Apr 1997 | MRBIX vs GUGAX | |
| Leader Capital High Quality Floating Rate Fund Inv... | -1.17% | — | Jul 2010 | MRBIX vs LCTRX | |
| Leader Capital High Quality Income Fund Institutio... | -1.17% | — | Jul 2010 | MRBIX vs LCTIX |
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 | 9 | 3.25% | — | Jan 1996 | MRBIX vs MIEIX | |
| MFS Value Fund | Large Cap Value Equities | 23 | 4.52% | — | May 2006 | MRBIX vs MEIKX | |
| MFS International Diversification Fund | Foreign Large Cap Equities | 35 | 10.27% | — | Sep 2004 | MRBIX vs MDIJX | |
| MFS Value Fund Class I | Large Cap Value Equities | 23 | 4.47% | — | Feb 1996 | MRBIX vs MEIIX | |
| MFS Massachusetts Investors Growth Stock Fund | Large Cap Growth Equities | 9 | -0.34% | — | Jan 1935 | MRBIX vs MIGFX | |
| MFS Growth R6 | Large Cap Growth Equities | 14 | 6.33% | — | Jun 2012 | MRBIX vs MFEKX | |
| MFS Growth I | Large Cap Growth Equities | 14 | 6.29% | — | Jul 1997 | MRBIX vs MFEIX | |
| MFS International Intrinsic Value Fund Class I | Large Cap Growth Equities, Foreign Large Cap Equities | 24 | 7.26% | — | — | MRBIX vs MINIX | |
| MFS Value Fund | Large Cap Value Equities | 22 | 4.37% | — | Jan 1996 | MRBIX vs MEIAX | |
| MFS Massachusetts Investors Trust | Large Cap Blend Equities | 40 | 8.10% | — | Jul 1924 | MRBIX vs MITTX |
Often Compared With MRBIX
Investors most often compare MRBIX with FSRIX, BMSIX, WOBDX. These 13 comparison targets span 4 categories, based on PortfoliosLab usage data.
Compare MRBIX with Any Fund or Stock
Compare MRBIX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair MRBIX with funds that move differently
MFS Total Return Bond Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to MRBIX.
Explore MRBIX Diversifiers