Morningstar Total Return Bond Fund (MSTRX) 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 MSTRX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to MSTRX
MSTRX charges 0.55% annually. There are 59 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 | MSTRX vs FMBPX | |
| State Street Aggregate Bond Index Portfolio | 0.02% | — | Sep 2014 | MSTRX vs SSAFX | |
| Fisher Investments Institutional Group Fixed Incom... | 0.03% | — | Dec 2019 | MSTRX vs QDIBX | |
| Fisher Investments Institutional Group ESG Fixed I... | 0.04% | — | Dec 2019 | MSTRX vs QDVBX | |
| iShares U.S. Aggregate Bond Index Fund | 0.05% | — | Jul 1993 | MSTRX vs WFBIX |
Best Risk-Adjusted Alternatives to MSTRX
MSTRX has a PortfoliosLab risk / return rank of 10. There are 101 mutual funds in the Intermediate Core Bond category with higher risk-adjusted ranks, going as high as 50.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| PACE Mortgage-Backed Securities Fixed Income Inves... | 50 | — | Aug 1995 | MSTRX vs PCGTX | |
| Loomis Sayles Securitized Asset Fund | 50 | — | Mar 2006 | MSTRX vs LSSAX | |
| Manning & Napier Credit Series | 41 | — | Apr 2020 | MSTRX vs MCDWX | |
| Hartford Schroders Tax-Aware Bond Fund | 40 | — | Oct 2011 | MSTRX vs STWTX | |
| Federated Hermes Mortgage Strategy Portfolio | 40 | — | Dec 2007 | MSTRX vs FMBPX |
Top Performing MSTRX Alternatives (YTD)
MSTRX is at -0.26% YTD. There are 99 mutual funds in the Intermediate Core Bond category with higher YTD returns, going as high as 3.02%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| PACE Mortgage-Backed Securities Fixed Income Inves... | 3.02% | — | Aug 1995 | MSTRX vs PCGTX | |
| Loomis Sayles Securitized Asset Fund | 1.24% | — | Mar 2006 | MSTRX vs LSSAX | |
| Fidelity SAI Investment Grade Securitized Fund | 0.98% | — | May 2023 | MSTRX vs FSMOX | |
| Hartford Schroders Tax-Aware Bond Fund | 0.87% | — | Oct 2011 | MSTRX vs STWTX | |
| MassMutual Core Bond Fund | 0.85% | — | Sep 1994 | MSTRX vs MCBDX |
Lowest Volatility Alternatives to MSTRX
MSTRX has 4.24% 1-year volatility. There are 92 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 | MSTRX vs FEDUX | |
| Baird Intermediate Bond Fund Class Institutional | 2.49% | — | Sep 2000 | MSTRX vs BIMIX | |
| Baird Intermediate Bond Fund | 2.53% | — | Sep 2000 | MSTRX vs BIMSX | |
| DFA Diversified Fixed Income Portfolio | 2.62% | — | Aug 2016 | MSTRX vs DFXIX | |
| Johnson Institutional Intermediate Bond Fund | 2.73% | — | Aug 2000 | MSTRX vs JIBEX |
Lowest Drawdown Alternatives to MSTRX
MSTRX has a 1-year max drawdown of -3.06%. There are 64 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 | MSTRX vs DFXIX | |
| Fidelity Education Income Fund | -1.72% | — | Mar 2021 | MSTRX vs FEDUX | |
| Baird Intermediate Bond Fund | -1.87% | — | Sep 2000 | MSTRX vs BIMSX | |
| Baird Intermediate Bond Fund Class Institutional | -2.07% | — | Sep 2000 | MSTRX vs BIMIX | |
| CCM Community Impact Bond Fund | -2.15% | — | Aug 1999 | MSTRX vs CRAIX |
Other Mutual Funds from Morningstar
The 8 most viewed Morningstar mutual funds shown here include MSTVX, MSTFX, MSTGX and span 7 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Morningstar Alternatives Fund | Multistrategy | 56 | 0.75% | — | Nov 2018 | MSTRX vs MSTVX | |
| Morningstar International Equity Fund | Foreign Large Cap Equities | 16 | 11.71% | — | Nov 2018 | MSTRX vs MSTFX | |
| Morningstar Global Income Fund | Global Allocation | 54 | 6.05% | — | Nov 2018 | MSTRX vs MSTGX | |
| Morningstar U.S. Equity Fund | Large Cap Blend Equities | 3 | 6.28% | — | Nov 2018 | MSTRX vs MSTQX | |
| Morningstar Multisector Bond Fund | Multisector Bonds | 46 | 1.59% | — | Nov 2018 | MSTRX vs MSTMX | |
| Morningstar Defensive Bond Fund | Short-Term Bond | 27 | -0.22% | — | Nov 2018 | MSTRX vs MSTBX | |
| Morningstar Municipal Bond Fund | Municipal Bonds | 47 | 1.08% | — | Nov 2018 | MSTRX vs MSTPX | |
| Morningstar Global Opportunistic Equity Fund | Global Allocation | 10 | 8.11% | — | Nov 2018 | MSTRX vs MSTSX |
Often Compared With MSTRX
Investors most often compare MSTRX with MSTR, BTC-USD, CRPT. These 15 comparison targets span 5 categories, based on PortfoliosLab usage data.
Compare MSTRX with Any Fund or Stock
Compare MSTRX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair MSTRX with funds that move differently
Morningstar Total Return Bond Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to MSTRX.
Explore MSTRX Diversifiers