Great-West Multi-Sector Bond Fund (MXLMX) 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 MXLMX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to MXLMX
MXLMX charges 0.90% annually. There are 51 mutual funds in the Multisector Bonds category with lower expense ratios, going as low as 0.05%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Doubleline Selective Credit Fund | 0.05% | — | Aug 2014 | MXLMX vs DBSCX | |
| Vanguard Multi-Sector Income Bond Fund Admiral Sha... | 0.30% | — | Oct 2021 | MXLMX vs VMSAX | |
| JPMorgan Income Fund Class I | 0.40% | — | Jun 2014 | MXLMX vs JMSIX | |
| Boyd Watterson Limited Duration Enhanced Income Fu... | 0.40% | — | Jul 2016 | MXLMX vs BWDTX | |
| Mercer Opportunistic Fixed Income Fund | 0.44% | — | Aug 2013 | MXLMX vs MOFIX |
Best Risk-Adjusted Alternatives to MXLMX
MXLMX has a PortfoliosLab risk / return rank of 42. There are 50 mutual funds in the Multisector Bonds category with higher risk-adjusted ranks, going as high as 99.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Nationwide Amundi Strategic Income Fund | 99 | — | Nov 2015 | MXLMX vs NWXHX | |
| Nationwide Strategic Income A | 99 | — | Nov 2015 | MXLMX vs NWXEX | |
| Rational Special Situations Income Fund | 98 | — | Jul 2019 | MXLMX vs RFXIX | |
| Boyd Watterson Limited Duration Enhanced Income Fu... | 98 | — | Jul 2016 | MXLMX vs BWDTX | |
| Oaktree Diversified Income Fund Inc. Class D | 98 | — | Nov 2021 | MXLMX vs ODIDX |
Top Performing MXLMX Alternatives (YTD)
MXLMX is at 0.37% YTD. There are 51 mutual funds in the Multisector Bonds category with higher YTD returns, going as high as 3.47%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| abrdn Income Credit Strategies Fund | 3.47% | — | Jan 2011 | MXLMX vs ACP | |
| BrandywineGLOBAL - Flexible Bond Fund | 3.07% | — | May 2016 | MXLMX vs LFLIX | |
| Saba Capital Income & Opportunities Fund | 3.06% | — | Dec 1987 | MXLMX vs BRW | |
| Intrepid Income Fund | 2.85% | — | Aug 2010 | MXLMX vs ICMUX | |
| Nationwide Amundi Strategic Income Fund | 2.57% | — | Nov 2015 | MXLMX vs NWXHX |
Lowest Volatility Alternatives to MXLMX
MXLMX has 2.85% 1-year volatility. There are 30 mutual funds in the Multisector Bonds category with lower 1-year volatility, going as low as 1.17%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Nationwide Amundi Strategic Income Fund | 1.17% | — | Nov 2015 | MXLMX vs NWXHX | |
| Nationwide Strategic Income A | 1.24% | — | Nov 2015 | MXLMX vs NWXEX | |
| Boyd Watterson Limited Duration Enhanced Income Fu... | 1.31% | — | Jul 2016 | MXLMX vs BWDTX | |
| Rational Special Situations Income Fund | 1.38% | — | Jul 2019 | MXLMX vs RFXIX | |
| Oaktree Diversified Income Fund Inc. Class D | 1.47% | — | Nov 2021 | MXLMX vs ODIDX |
Lowest Drawdown Alternatives to MXLMX
MXLMX has a 1-year max drawdown of -2.55%. There are 36 mutual funds in the Multisector Bonds category with shallower 1-year drawdowns, going as shallow as -0.41%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Nationwide Amundi Strategic Income Fund | -0.41% | — | Nov 2015 | MXLMX vs NWXHX | |
| Nationwide Strategic Income A | -0.43% | — | Nov 2015 | MXLMX vs NWXEX | |
| Rational Special Situations Income Fund | -0.72% | — | Jul 2019 | MXLMX vs RFXIX | |
| CrossingBridge Low Duration High Yield Fund | -0.73% | — | Jan 2018 | MXLMX vs CBLDX | |
| Boyd Watterson Limited Duration Enhanced Income Fu... | -1.00% | — | Jul 2016 | MXLMX vs BWDTX |
Other Mutual Funds from Great-West
The 10 most viewed Great-West mutual funds shown here include MXVIX, MXEOX, MXISX and span 8 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Great-West S&P 500 Index Fund | Large Cap Blend Equities | 60 | 9.08% | — | Sep 2003 | MXLMX vs MXVIX | |
| Great-West Emerging Markets Equity Fund | Emerging Markets Equities | 58 | 17.63% | — | Jan 2018 | MXLMX vs MXEOX | |
| Great-West S&P Small Cap 600 Index Fund | Small Cap Blend Equities | 83 | 21.22% | — | Dec 1993 | MXLMX vs MXISX | |
| Great-West Real Estate Index Fund | REIT | 79 | 20.70% | — | Nov 2012 | MXLMX vs MXREX | |
| Great-West International Index Fund | Foreign Large Cap Equities | 66 | 12.75% | — | Jan 2011 | MXLMX vs MXINX | |
| Great-West Moderately Conservative Profile Fund | Diversified Portfolio | 61 | 6.09% | — | Sep 1999 | MXLMX vs MXDPX | |
| Great-West S&P Mid Cap 400 Index Fund | Mid Cap Blend Equities | 52 | 14.38% | — | Jan 2011 | MXLMX vs MXMDX | |
| Great-West International Value Fund | Foreign Large Cap Equities | 75 | 12.48% | — | Dec 1993 | MXLMX vs MXIVX | |
| Great-West Conservative Profile Fund | Diversified Portfolio | 68 | 4.25% | — | Sep 1999 | MXLMX vs MXCPX | |
| Great-West Bond Index Fund | Intermediate Core Bond | 17 | -0.54% | — | Dec 1992 | MXLMX vs MXBIX |
Often Compared With MXLMX
Investors most often compare MXLMX with MXIHX, MXGMX, CBRDX. These 7 comparison targets span 3 categories, based on PortfoliosLab usage data.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Great-West Inflation-Protected Securities Fund | Inflation-Protected Bonds | 22 | 0.54% | — | Jan 2018 | MXLMX vs MXIHX | |
| Great-West U.S. Government Securities Fund | Government Bonds | 16 | -0.54% | — | Nov 1992 | MXLMX vs MXGMX | |
| CrossingBridge Responsible Credit Fund | Multisector Bonds | 24 | -0.01% | — | Jun 2021 | MXLMX vs CBRDX | |
| Eaton Vance Strategic Income Fund Class I | Multisector Bonds | 94 | 2.48% | — | Apr 2009 | MXLMX vs ESIIX | |
| Western Asset Diversified Income Fund | Multisector Bonds | 4 | 1.31% | — | Jun 2021 | MXLMX vs WDI | |
| Potomac Managed Volatility Fund | Multisector Bonds | 37 | 0.91% | — | Jun 2020 | MXLMX vs CRMVX | |
| Eaton Vance Strategic Income Fund Class I | Multisector Bonds | 93 | 2.46% | — | Jan 1998 | MXLMX vs ETSIX |
Compare MXLMX with Any Fund or Stock
Compare MXLMX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair MXLMX with funds that move differently
Great-West Multi-Sector Bond Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to MXLMX.
Explore MXLMX Diversifiers