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 14 mutual funds in the Convertible Bonds category with lower expense ratios, going as low as 0.59%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Fidelity Advisor Convertible Securities Fund Class... | 0.59% | — | Oct 2018 | PBXIX vs FIQVX | |
| Fidelity Convertible Securities Fund | 0.67% | — | Jan 1987 | PBXIX vs FCVSX | |
| Invesco Convertible Securities Fund | 0.68% | — | Jul 1997 | PBXIX vs CNSDX | |
| Fidelity Advisor Convertible Securities Fund Class... | 0.70% | — | Feb 2009 | PBXIX vs FICVX | |
| Virtus Convertible Fund | 0.71% | — | Apr 1993 | PBXIX vs ANNPX |
Best Risk-Adjusted Alternatives to PBXIX
PBXIX has a PortfoliosLab risk / return rank of 50. There are 17 mutual funds in the Convertible Bonds category with higher risk-adjusted ranks, going as high as 100.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Absolute Convertible Arbitrage Fund Institutional ... | 100 | — | Aug 2017 | PBXIX vs ARBIX | |
| Miller Convertible Bond Fund | 92 | — | Dec 2007 | PBXIX vs MCIFX | |
| Calamos Global Convertible Fund | 85 | — | Dec 2014 | PBXIX vs CXGCX | |
| Calamos Convertible Opportunities and Income Fund | 82 | — | Jun 1997 | PBXIX vs CHI | |
| Virtus Convertible Fund | 78 | — | Apr 1993 | PBXIX vs ANNPX |
Top Performing PBXIX Alternatives (YTD)
PBXIX is at 10.10% YTD. There are 21 mutual funds in the Convertible Bonds category with higher YTD returns, going as high as 25.35%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Calamos Convertible Opportunities and Income Fund | 25.35% | — | Jun 1997 | PBXIX vs CHI | |
| Calamos Convertible Fund | 17.72% | — | Jun 1997 | PBXIX vs CICVX | |
| Calamos Convertible Fund | 17.57% | — | Jun 1985 | PBXIX vs CCVIX | |
| Columbia Convertible Securities Fund | 16.64% | — | Sep 1987 | PBXIX vs PACIX | |
| Calamos Convertible and High Income Closed Fund | 16.46% | — | May 2003 | PBXIX vs CHY |
Lowest Volatility Alternatives to PBXIX
PBXIX has 7.20% 1-year volatility. There are 4 mutual funds in the Convertible Bonds category with lower 1-year volatility, going as low as 1.25%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Absolute Convertible Arbitrage Fund Institutional ... | 1.25% | — | Aug 2017 | PBXIX vs ARBIX | |
| Miller Convertible Bond Fund | 5.37% | — | Dec 2007 | PBXIX vs MCIFX | |
| Victory INCORE Investment Grade Convertible Fund C... | 6.42% | — | — | PBXIX vs SBFCX | |
| Lazard Enhanced Opportunities Portfolio Open Share... | 6.60% | — | Dec 2014 | PBXIX vs LEOOX | |
| Calamos Global Convertible Fund | 10.98% | — | Dec 2014 | PBXIX vs CXGCX |
Lowest Drawdown Alternatives to PBXIX
PBXIX has a 1-year max drawdown of -5.16%. There are 4 mutual funds in the Convertible Bonds category with shallower 1-year drawdowns, going as shallow as -0.51%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Absolute Convertible Arbitrage Fund Institutional ... | -0.51% | — | Aug 2017 | PBXIX vs ARBIX | |
| Lazard Enhanced Opportunities Portfolio Open Share... | -3.97% | — | Dec 2014 | PBXIX vs LEOOX | |
| Victory INCORE Investment Grade Convertible Fund C... | -4.28% | — | — | PBXIX vs SBFCX | |
| Miller Convertible Bond Fund | -4.53% | — | Dec 2007 | PBXIX vs MCIFX | |
| Calamos Global Convertible Fund | -5.75% | — | Dec 2014 | PBXIX vs CXGCX |
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 | Tactical Allocation | 77 | 12.19% | — | Sep 2016 | PBXIX vs RDMIX | |
| Rational Special Situations Income Fund | Multisector Bonds | 98 | 2.34% | — | Jul 2019 | PBXIX vs RFXIX | |
| Rational Tactical Return Fund | Options Trading | 63 | 5.80% | — | Apr 2007 | PBXIX vs HRSTX | |
| Rational Equity Armor Fund | Large Cap Value Equities | 36 | 6.06% | — | Feb 2001 | PBXIX vs HDCTX |
Often Compared With PBXIX
Investors most often compare PBXIX with PCONX, WESRX, AVK. These 15 comparison targets span 1 categories, based on PortfoliosLab usage data.
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