PIMCO Access Income Fund (PAXS) 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 PAXS. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to PAXS
Among 96 mutual funds in the Multisector Bonds category with expense-ratio data, the lowest-cost alternatives shown here go as low as 0.02%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Eaton Vance Short Duration Diversified Income Fund | 0.02% | — | Feb 2005 | PAXS vs EVG | |
| MFS Multimarket Income Trust | 0.03% | — | Mar 1987 | PAXS vs MMT | |
| Nuveen Multi-Market Income Fund | 0.04% | — | Dec 1988 | PAXS vs JMM | |
| KKR Income Opportunities Fund | 0.04% | — | Jul 2013 | PAXS vs KIO | |
| Doubleline Selective Credit Fund | 0.05% | — | Aug 2014 | PAXS vs DBSCX |
Best Risk-Adjusted Alternatives to PAXS
PAXS has a PortfoliosLab risk / return rank of 7. There are 87 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 | PAXS vs NWXHX | |
| Nationwide Strategic Income A | 99 | — | Nov 2015 | PAXS vs NWXEX | |
| Boyd Watterson Limited Duration Enhanced Income Fu... | 98 | — | Jul 2016 | PAXS vs BWDTX | |
| CrossingBridge Low Duration High Yield Fund | 97 | — | Jan 2018 | PAXS vs CBLDX | |
| Intrepid Income Fund | 97 | — | Jul 2007 | PAXS vs ICMUX |
Top Performing PAXS Alternatives (YTD)
PAXS is at -0.63% YTD. There are 91 mutual funds in the Multisector Bonds category with higher YTD returns, going as high as 5.21%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| abrdn Income Credit Strategies Fund | 5.21% | — | Jan 2011 | PAXS vs ACP | |
| Saba Capital Income & Opportunities Fund | 5.04% | — | Dec 1987 | PAXS vs BRW | |
| KKR Income Opportunities Fund | 3.14% | — | Jul 2013 | PAXS vs KIO | |
| Brookfield Real Assets Income Fund Inc. | 3.13% | — | — | PAXS vs RA | |
| BrandywineGLOBAL - Flexible Bond Fund | 2.71% | — | May 2016 | PAXS vs LFLIX |
Lowest Volatility Alternatives to PAXS
PAXS has 12.08% 1-year volatility. There are 97 mutual funds in the Multisector Bonds category with lower 1-year volatility, going as low as 1.16%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Nationwide Amundi Strategic Income Fund | 1.16% | — | Nov 2015 | PAXS vs NWXHX | |
| Nationwide Strategic Income A | 1.21% | — | Nov 2015 | PAXS vs NWXEX | |
| Boyd Watterson Limited Duration Enhanced Income Fu... | 1.29% | — | Jul 2016 | PAXS vs BWDTX | |
| CrossingBridge Low Duration High Yield Fund | 1.39% | — | Jan 2018 | PAXS vs CBLDX | |
| Rational Special Situations Income Fund | 1.41% | — | Jul 2019 | PAXS vs RFXIX |
Lowest Drawdown Alternatives to PAXS
PAXS has a 1-year max drawdown of -12.10%. There are 97 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 | PAXS vs NWXHX | |
| Nationwide Strategic Income A | -0.43% | — | Nov 2015 | PAXS vs NWXEX | |
| Rational Special Situations Income Fund | -0.72% | — | Jul 2019 | PAXS vs RFXIX | |
| CrossingBridge Low Duration High Yield Fund | -0.73% | — | Jan 2018 | PAXS vs CBLDX | |
| Boyd Watterson Limited Duration Enhanced Income Fu... | -1.00% | — | Jul 2016 | PAXS vs BWDTX |
Other Mutual Funds from PIMCO
The 10 most viewed PIMCO mutual funds shown here include PIMIX, PONAX, PTTRX and span 6 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| PIMCO Income Fund Institutional Class | Total Bond Market | 45 | 0.81% | — | Mar 2007 | PAXS vs PIMIX | |
| PIMCO Income Fund Class A | Multisector Bonds | 41 | 0.64% | — | Apr 2007 | PAXS vs PONAX | |
| PIMCO Total Return Fund Institutional Class | Total Bond Market | 29 | 0.53% | — | — | PAXS vs PTTRX | |
| PIMCO Corporate & Income Strategy Fund | Multisector Bonds | 4 | -3.47% | — | Dec 2001 | PAXS vs PCN | |
| PIMCO Income Fund Class I-2 | Total Bond Market | 44 | 0.77% | — | — | PAXS vs PONPX | |
| PIMCO StocksPLUS Long Duration Fund Class I | Diversified Portfolio | 45 | 10.00% | — | Aug 2007 | PAXS vs PSLDX | |
| PIMCO Income Strategy Fund II | Multisector Bonds | 7 | -3.03% | — | Oct 2004 | PAXS vs PFN | |
| PIMCO International Bond Fund (U.S. Dollar-Hedged) | Global Bonds | 9 | -0.18% | — | Dec 1992 | PAXS vs PFORX | |
| PIMCO StocksPLUS International Fund (U.S. Dollar-H... | Foreign Large Cap Equities | 21 | 8.96% | — | Oct 2003 | PAXS vs PISIX | |
| PIMCO Commodity Real Return Strategy Fund | Commodities | 78 | 26.38% | — | Jun 2002 | PAXS vs PCRIX |
Often Compared With PAXS
Investors most often compare PAXS with CDX, PDI, TYG. These 20 comparison targets span 10 categories, based on PortfoliosLab usage data.
Compare PAXS with Any Fund or Stock
Compare PAXS with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair PAXS with funds that move differently
PIMCO Access Income Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to PAXS.
Explore PAXS Diversifiers