Muzinich Low Duration Fund (MZLSX) 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 MZLSX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to MZLSX
MZLSX charges 0.50% annually. There are 6 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 | MZLSX vs DBSCX | |
| Vanguard Multi-Sector Income Bond Fund Admiral Sha... | 0.30% | — | Oct 2021 | MZLSX vs VMSAX | |
| JPMorgan Income Fund | 0.40% | — | Jun 2014 | MZLSX vs JMSIX | |
| Boyd Watterson Limited Duration Enhanced Income Fu... | 0.40% | — | Jul 2016 | MZLSX vs BWDTX | |
| Mercer Opportunistic Fixed Income Fund | 0.44% | — | Aug 2013 | MZLSX vs MOFIX |
Best Risk-Adjusted Alternatives to MZLSX
MZLSX has a PortfoliosLab risk / return rank of 92. There are 10 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 | MZLSX vs NWXHX | |
| Nationwide Strategic Income A | 99 | — | Nov 2015 | MZLSX vs NWXEX | |
| Boyd Watterson Limited Duration Enhanced Income Fu... | 98 | — | Jul 2016 | MZLSX vs BWDTX | |
| Rational Special Situations Income Fund | 98 | — | Jul 2019 | MZLSX vs RFXIX | |
| Intrepid Income Fund | 97 | — | Jul 2007 | MZLSX vs ICMUX |
Top Performing MZLSX Alternatives (YTD)
MZLSX is at 1.73% YTD. There are 21 mutual funds in the Multisector Bonds category with higher YTD returns, going as high as 4.57%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| abrdn Income Credit Strategies Fund | 4.57% | — | Jan 2011 | MZLSX vs ACP | |
| Western Asset Diversified Income Fund | 4.16% | — | Jun 2021 | MZLSX vs WDI | |
| Saba Capital Income & Opportunities Fund | 3.52% | — | Dec 1987 | MZLSX vs BRW | |
| BrandywineGLOBAL - Flexible Bond Fund | 3.40% | — | May 2016 | MZLSX vs LFLIX | |
| Intrepid Income Fund | 2.85% | — | Jul 2007 | MZLSX vs ICMUX |
Lowest Volatility Alternatives to MZLSX
MZLSX has 1.57% 1-year volatility. There are 5 mutual funds in the Multisector Bonds category with lower 1-year volatility, going as low as 1.18%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Nationwide Amundi Strategic Income Fund | 1.18% | — | Nov 2015 | MZLSX vs NWXHX | |
| Nationwide Strategic Income A | 1.22% | — | Nov 2015 | MZLSX vs NWXEX | |
| Boyd Watterson Limited Duration Enhanced Income Fu... | 1.30% | — | Jul 2016 | MZLSX vs BWDTX | |
| Rational Special Situations Income Fund | 1.40% | — | Jul 2019 | MZLSX vs RFXIX | |
| CrossingBridge Low Duration High Yield Fund | 1.41% | — | Jan 2018 | MZLSX vs CBLDX |
Lowest Drawdown Alternatives to MZLSX
MZLSX has a 1-year max drawdown of -1.50%. There are 11 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 | MZLSX vs NWXHX | |
| Nationwide Strategic Income A | -0.43% | — | Nov 2015 | MZLSX vs NWXEX | |
| Rational Special Situations Income Fund | -0.72% | — | Jul 2019 | MZLSX vs RFXIX | |
| CrossingBridge Low Duration High Yield Fund | -0.73% | — | Jan 2018 | MZLSX vs CBLDX | |
| Boyd Watterson Limited Duration Enhanced Income Fu... | -1.00% | — | Jul 2016 | MZLSX vs BWDTX |
Other Mutual Funds from Muzinich
The 2 most viewed Muzinich mutual funds shown here include MZCSX, MZHSX and span 2 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Muzinich Credit Opportunities Fund | Multisector Bonds | 54 | 0.93% | — | Jan 2013 | MZLSX vs MZCSX | |
| Muzinich U.S. High Yield Credit Fund | High Yield Bonds | 89 | 2.16% | — | Mar 2016 | MZLSX vs MZHSX |
Often Compared With MZLSX
Investors most often compare MZLSX with DBLIX, WSINX, PIMIX. These 20 comparison targets span 1 categories, based on PortfoliosLab usage data.
Compare MZLSX with Any Fund or Stock
Compare MZLSX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair MZLSX with funds that move differently
Muzinich Low Duration Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to MZLSX.
Explore MZLSX Diversifiers