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PIA BBB Bond Fund (PBBBX) Diversifiers

Mutual Fund · Currency in USD · Last updated Jun 23, 2026

The investment seeks to provide a total rate of return that approximates that of bonds rated within the BBB category by credit rating agencies currently registered as nationally recognized statistical rating organizations (NRSROs). The fund normally invests at least 80% of its net assets (plus any borrowings for investment purposes) in bonds rated BBB by Standard & Poor's, Baa by Moody's or BBB by Fitch. It may invest up to 50% of its total assets in securities of foreign issuers denominated in U.S. dollars, including issuers located in emerging markets.

Looking to diversify beyond PBBBX? The mutual funds below have the lowest correlation with PBBBX — they tend to move on their own, which can help reduce risk when the rest of your portfolio drops. The stock ideas table highlights individual companies that behave independently from PBBBX.

Best Diversifiers for PBBBX

0 mutual funds have low correlation with PBBBX (below 0.3), 0 of which are negatively correlated. The least correlated is Miller Intermediate Bond Fund (MIFIX) (Corporate Bonds) with a 1Y correlation of 0.45, up from 0.26 over 5 years.

SymbolNameCorrelation 1YCorrelation 3YCorrelation 5YRisk / Return RankCategoryCompare
MIFIX
Miller Intermediate Bond Fund0.450.350.26
91
Corporate BondsPBBBX vs MIFIX
PIASX
PIA Short Term Securities Fund0.490.620.58
97
Ultrashort BondPBBBX vs PIASX
VSTBX
Vanguard Short-Term Corporate Bond Index Fund Inst...0.770.840.84
81
Corporate BondsPBBBX vs VSTBX
VSCSX
Vanguard Short-Term Corporate Bond Index Fund Admi...0.800.840.84
78
Corporate BondsPBBBX vs VSCSX

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Diversification Analysis

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