High Income Securities Fund (PCF) 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 PCF. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to PCF
Among 32 mutual funds in the Convertible Bonds category with expense-ratio data, the lowest-cost alternatives shown here go as low as 0.01%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| The Gabelli Convertible and Income Securities Fund... | 0.01% | — | Jul 1989 | PCF vs GCV | |
| Virtus Convertible and Income Fund II | 0.03% | — | Jul 2003 | PCF vs NCZ | |
| Virtus Convertible and Income Fund | 0.03% | — | Mar 2003 | PCF vs NCV | |
| Fidelity Advisor Convertible Securities Fund Class... | 0.59% | — | Oct 2018 | PCF vs FIQVX | |
| Fidelity Convertible Securities Fund | 0.67% | — | Jan 1987 | PCF vs FCVSX |
Best Risk-Adjusted Alternatives to PCF
PCF has a PortfoliosLab risk / return rank of 1. There are 32 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 | PCF vs ARBIX | |
| Miller Convertible Bond Fund | 92 | — | Dec 2007 | PCF vs MCIFX | |
| Calamos Global Convertible Fund | 85 | — | Dec 2014 | PCF vs CXGCX | |
| Calamos Convertible Opportunities and Income Fund | 82 | — | Jun 1997 | PCF vs CHI | |
| The Gabelli Convertible and Income Securities Fund... | 81 | — | Jul 1989 | PCF vs GCV |
Top Performing PCF Alternatives (YTD)
PCF is at -7.81% YTD. There are 32 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 | PCF vs CHI | |
| Virtus Convertible and Income Fund II | 18.68% | — | Jul 2003 | PCF vs NCZ | |
| Calamos Convertible Fund | 17.72% | — | Jun 1997 | PCF vs CICVX | |
| Calamos Convertible Fund | 17.57% | — | Jun 1985 | PCF vs CCVIX | |
| Virtus Convertible and Income Fund | 17.13% | — | Mar 2003 | PCF vs NCV |
Lowest Volatility Alternatives to PCF
PCF has 11.94% 1-year volatility. There are 7 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 | PCF vs ARBIX | |
| Miller Convertible Bond Fund | 5.37% | — | Dec 2007 | PCF vs MCIFX | |
| Victory INCORE Investment Grade Convertible Fund C... | 6.42% | — | — | PCF vs SBFCX | |
| Lazard Enhanced Opportunities Portfolio Open Share... | 6.60% | — | Dec 2014 | PCF vs LEOOX | |
| Rational/Pier 88 Convertible Securities Fund | 7.20% | — | Dec 2019 | PCF vs PBXIX |
Lowest Drawdown Alternatives to PCF
PCF has a 1-year max drawdown of -10.73%. There are 15 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 | PCF vs ARBIX | |
| Lazard Enhanced Opportunities Portfolio Open Share... | -3.97% | — | Dec 2014 | PCF vs LEOOX | |
| Victory INCORE Investment Grade Convertible Fund C... | -4.28% | — | — | PCF vs SBFCX | |
| Miller Convertible Bond Fund | -4.53% | — | Dec 2007 | PCF vs MCIFX | |
| Rational/Pier 88 Convertible Securities Fund | -5.16% | — | Dec 2019 | PCF vs PBXIX |
Other Mutual Funds from Putnam
The 10 most viewed Putnam mutual funds shown here include PEYAX, PEQSX, PEIYX and span 6 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Putnam Large Cap Value Fund | Large Cap Value Equities | 92 | 14.98% | — | Jun 1977 | PCF vs PEYAX | |
| Putnam Large Cap Value Fund Class R6 | Large Cap Value Equities | 93 | 15.20% | — | Jul 2012 | PCF vs PEQSX | |
| Putnam Large Cap Value Fund | Large Cap Value Equities | 93 | 15.15% | — | Oct 1998 | PCF vs PEIYX | |
| Putnam Growth Opportunities Fund | Large Cap Growth Equities | 9 | -0.65% | — | Oct 1995 | PCF vs POGAX | |
| Putnam Global Technology Fund | Technology Equities | 51 | 24.87% | — | Dec 2008 | PCF vs PGTYX | |
| Putnam Sustainable Leaders Fund | Large Cap Growth Equities | 22 | 3.34% | — | Aug 1990 | PCF vs PNOPX | |
| Putnam Multi-Cap Core Fund | Large Cap Blend Equities | 55 | 7.70% | — | Sep 2010 | PCF vs PMYYX | |
| Putnam Large Cap Growth Y | Large Cap Growth Equities | 9 | -0.51% | — | Aug 1999 | PCF vs PGOYX | |
| Putnam Ultra Short Duration Income Fund | Ultrashort Bond | 99 | 1.68% | — | Oct 2011 | PCF vs PSDYX | |
| Putnam Small Cap Growth Fund | Small Cap Growth Equities | 26 | 16.15% | — | Dec 1997 | PCF vs PNSAX |
Often Compared With PCF
Investors most often compare PCF with PSP, PIM, ACP. These 17 comparison targets span 7 categories, based on PortfoliosLab usage data.
Compare PCF with Any Fund or Stock
Compare PCF with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair PCF with funds that move differently
High Income Securities Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to PCF.
Explore PCF Diversifiers