Rational/Pier 88 Convertible Securities Fund (PBXIX) belongs to the Convertible Bonds category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with PBXIX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to PBXIX
PBXIX charges 0.99% annually. There are 8 mutual funds in the Convertible Bonds category with lower expense ratios, going as low as 0.68%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Invesco Convertible Securities Fund | 0.68% | — | Jul 1997 | PBXIX vs CNSDX | |
| Virtus Convertible Fund | 0.71% | — | Apr 1993 | PBXIX vs ANNPX | |
| Advent Convertible and Income Fund | 0.75% | — | Apr 2003 | PBXIX vs AVK | |
| Lord Abbett Convertible Fund Class F3 | 0.82% | — | Jun 2003 | PBXIX vs LOCFX | |
| Franklin Convertible Securities Fund | 0.83% | — | Apr 1987 | PBXIX vs FISCX |
Best Risk-Adjusted Alternatives to PBXIX
PBXIX has a PortfoliosLab risk / return rank of 36. There are 14 mutual funds in the Convertible Bonds category with higher risk-adjusted ranks, going as high as 92.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Virtus Convertible Fund | 92 | — | Apr 1993 | PBXIX vs ANNPX | |
| Harbor Convertible Securities Fund | 89 | — | May 2011 | PBXIX vs HICSX | |
| Columbia Convertible Securities Fund | 89 | — | Sep 1987 | PBXIX vs PACIX | |
| Calamos Global Convertible Fund | 89 | — | Dec 2014 | PBXIX vs CXGCX | |
| Lord Abbett Convertible Fund Class F3 | 87 | — | Jun 2003 | PBXIX vs LOCFX |
Top Performing PBXIX Alternatives (YTD)
PBXIX is at 8.38% YTD. There are 13 mutual funds in the Convertible Bonds category with higher YTD returns, going as high as 26.67%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Calamos Convertible Opportunities and Income Fund | 26.67% | — | Jun 1997 | PBXIX vs CHI | |
| Columbia Convertible Securities Fund | 22.48% | — | Sep 1987 | PBXIX vs PACIX | |
| Putnam Convertible Securities Fund | 22.30% | — | Jun 1972 | PBXIX vs PCONX | |
| Calamos Convertible and High Income Closed Fund | 22.30% | — | May 2003 | PBXIX vs CHY | |
| Harbor Convertible Securities Fund | 22.19% | — | May 2011 | PBXIX vs HICSX |
Lowest Volatility Alternatives to PBXIX
PBXIX has 6.97% 1-year volatility. There is 1 mutual fund in the Convertible Bonds category with lower 1-year volatility, going as low as 5.18%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Miller Convertible Bond Fund | 5.18% | — | Dec 2007 | PBXIX vs MCIFX | |
| Calamos Global Convertible Fund | 10.12% | — | Dec 2014 | PBXIX vs CXGCX | |
| Franklin Convertible Securities Fund | 10.44% | — | Apr 1987 | PBXIX vs FISCX | |
| Advent Convertible and Income Fund | 13.92% | — | Apr 2003 | PBXIX vs AVK | |
| Virtus Convertible Fund | 13.97% | — | Apr 1993 | PBXIX vs ANNPX |
Lowest Drawdown Alternatives to PBXIX
PBXIX has a 1-year max drawdown of -5.16%. There is 1 mutual fund in the Convertible Bonds category with a shallower 1-year drawdown, going as shallow as -4.53%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Miller Convertible Bond Fund | -4.53% | — | Dec 2007 | PBXIX vs MCIFX | |
| Calamos Global Convertible Fund | -5.75% | — | Dec 2014 | PBXIX vs CXGCX | |
| Franklin Convertible Securities Fund | -6.38% | — | Apr 1987 | PBXIX vs FISCX | |
| Harbor Convertible Securities Fund | -6.92% | — | May 2011 | PBXIX vs HICSX | |
| Lord Abbett Convertible Fund Class F3 | -7.02% | — | Jun 2003 | PBXIX vs LOCFX |
Other Mutual Funds from Rational Funds
The 4 most viewed Rational Funds mutual funds shown here include RDMIX, RFXIX, HRSTX and span 4 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Rational/ReSolve Adaptive Asset Allocation Fund | Macro Trading | 72 | 13.51% | — | Sep 2016 | PBXIX vs RDMIX | |
| Rational Special Situations Income Fund | Multisector Bonds | 97 | 1.79% | — | Jul 2019 | PBXIX vs RFXIX | |
| Rational Tactical Return Fund | Options Trading | 82 | 6.01% | — | Apr 2007 | PBXIX vs HRSTX | |
| Rational Equity Armor Fund | Large Cap Value Equities | 56 | 10.89% | — | Feb 2001 | PBXIX vs HDCTX |
Often Compared With PBXIX
Investors most often compare PBXIX with WESRX, GCV, NCZ. These 5 comparison targets span 1 categories, based on PortfoliosLab usage data.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| TETON Convertible Securities Fund | Convertible Bonds | 63 | 20.63% | — | Sep 1997 | PBXIX vs WESRX | |
| The Gabelli Convertible and Income Securities Fund... | Convertible Bonds | 87 | 17.44% | — | Jul 1989 | PBXIX vs GCV | |
| Virtus Convertible and Income Fund II | Convertible Bonds | 81 | 20.43% | — | Jul 2003 | PBXIX vs NCZ | |
| Lord Abbett Convertible Fund | Convertible Bonds | 87 | 21.38% | — | Jun 2003 | PBXIX vs LCFYX | |
| High Income Securities Fund | Convertible Bonds | 3 | -3.24% | — | Jul 1987 | PBXIX vs PCF |
Compare PBXIX with Any Fund or Stock
Compare PBXIX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair PBXIX with funds that move differently
Rational/Pier 88 Convertible Securities Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to PBXIX.
Explore PBXIX Diversifiers