Principal Core Plus Bond Fund (PBMPX) belongs to the Intermediate Core-Plus Bond category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with PBMPX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to PBMPX
PBMPX charges 0.78% annually. There are 101 mutual funds in the Intermediate Core-Plus Bond category with lower expense ratios, going as low as 0.16%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Mercer Core Fixed Income Fund | 0.16% | — | Aug 2005 | PBMPX vs MCFIX | |
| State Street Income Fund | 0.20% | — | Jan 1980 | PBMPX vs SSASX | |
| Elfun Income Fund | 0.29% | — | Dec 1984 | PBMPX vs EINFX | |
| TIAA-CREF Core Bond Fund | 0.29% | — | Jul 1999 | PBMPX vs TIBDX | |
| Baird Core Plus Bond Fund | 0.30% | — | Sep 2000 | PBMPX vs BCOIX |
Best Risk-Adjusted Alternatives to PBMPX
PBMPX has a PortfoliosLab risk / return rank of 18. There are 101 mutual funds in the Intermediate Core-Plus Bond category with higher risk-adjusted ranks, going as high as 98.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Holbrook Income Fund Class I | 98 | — | Jul 2016 | PBMPX vs HOBIX | |
| Leader Capital High Quality Income Fund Institutio... | 94 | — | Jul 2010 | PBMPX vs LCTIX | |
| Leader Capital High Quality Floating Rate Fund Inv... | 92 | — | Jul 2010 | PBMPX vs LCTRX | |
| MassMutual Diversified Bond Fund | 82 | — | May 1999 | PBMPX vs MDVAX | |
| GMO Multi-Sector Fixed Income Fund | 76 | — | Apr 1997 | PBMPX vs GUGAX |
Top Performing PBMPX Alternatives (YTD)
PBMPX is at 0.19% YTD. There are 83 mutual funds in the Intermediate Core-Plus Bond category with higher YTD returns, going as high as 2.68%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| 1290 Diversified Bond Fund | 2.68% | — | Jul 2015 | PBMPX vs TNUIX | |
| Putnam Mortgage Securities Fund | 2.64% | — | Feb 1984 | PBMPX vs PGSIX | |
| MassMutual Diversified Bond Fund | 2.47% | — | May 1999 | PBMPX vs MDVAX | |
| Nuveen Core Plus Impact Fund | 2.41% | — | Apr 2021 | PBMPX vs NPCT | |
| Holbrook Income Fund Class I | 2.22% | — | Jul 2016 | PBMPX vs HOBIX |
Lowest Volatility Alternatives to PBMPX
PBMPX has 3.99% 1-year volatility. There are 86 mutual funds in the Intermediate Core-Plus Bond category with lower 1-year volatility, going as low as 1.12%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| AAMA Income Fund | 1.12% | — | Jun 2017 | PBMPX vs AMFIX | |
| Archer Income Fund | 1.80% | — | Mar 2011 | PBMPX vs ARINX | |
| Leader Capital High Quality Floating Rate Fund Inv... | 1.96% | — | Jul 2010 | PBMPX vs LCTRX | |
| Leader Capital High Quality Income Fund Institutio... | 2.02% | — | Jul 2010 | PBMPX vs LCTIX | |
| Holbrook Income Fund Class I | 2.02% | — | Jul 2016 | PBMPX vs HOBIX |
Lowest Drawdown Alternatives to PBMPX
PBMPX has a 1-year max drawdown of -3.16%. There are 98 mutual funds in the Intermediate Core-Plus Bond category with shallower 1-year drawdowns, going as shallow as -0.51%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Holbrook Income Fund Class I | -0.51% | — | Jul 2016 | PBMPX vs HOBIX | |
| AAMA Income Fund | -0.74% | — | Jun 2017 | PBMPX vs AMFIX | |
| GMO Multi-Sector Fixed Income Fund | -1.16% | — | Apr 1997 | PBMPX vs GUGAX | |
| Leader Capital High Quality Income Fund Institutio... | -1.17% | — | Jul 2010 | PBMPX vs LCTIX | |
| Leader Capital High Quality Floating Rate Fund Inv... | -1.17% | — | Jul 2010 | PBMPX vs LCTRX |
Other Mutual Funds from Principal
The 10 most viewed Principal mutual funds shown here include PCBIX, PLGIX, CMNWX and span 7 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Principal MidCap Fund Institutional Class | Mid Cap Growth Equities | 1 | -6.91% | — | Dec 2000 | PBMPX vs PCBIX | |
| Principal LargeCap Growth Fund I | Large Cap Growth Equities | 8 | 1.06% | — | Dec 2000 | PBMPX vs PLGIX | |
| Principal Capital Appreciation Fund | Large Cap Blend Equities | 49 | 8.97% | — | Nov 1986 | PBMPX vs CMNWX | |
| Principal Blue Chip Fund | Large Cap Growth Equities | 3 | -5.15% | — | Jun 2012 | PBMPX vs PBCKX | |
| Principal LifeTime 2055 Fund | Target Retirement Date | 46 | 8.64% | — | Feb 2008 | PBMPX vs LTFIX | |
| Principal Global Multi-Strategy Fund | Multistrategy | 96 | 5.41% | — | Oct 2011 | PBMPX vs PSMIX | |
| Principal SAM Strategic Growth Portfolio | Diversified Portfolio | 58 | 11.18% | — | Jul 1996 | PBMPX vs SACAX | |
| Principal LifeTime 2045 Fund | Target Retirement Date | 46 | 7.81% | — | Feb 2008 | PBMPX vs LTRIX | |
| Principal LifeTime 2040 Fund | Target Retirement Date | 46 | 6.96% | — | Feb 2001 | PBMPX vs PTDIX | |
| Principal SmallCap S&P 600 Index Fund | Small Cap Blend Equities | 66 | 19.34% | — | Dec 2000 | PBMPX vs PSSMX |
Often Compared With PBMPX
Investors most often compare PBMPX with SSAFX, PAAA, SGOV. These 19 comparison targets span 10 categories, based on PortfoliosLab usage data.
Compare PBMPX with Any Fund or Stock
Compare PBMPX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair PBMPX with funds that move differently
Principal Core Plus Bond Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to PBMPX.
Explore PBMPX Diversifiers