PIMCO Diversified Income Fund (PDIIX) belongs to the Multisector Bonds category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with PDIIX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to PDIIX
PDIIX charges 0.75% annually. There are 34 mutual funds in the Multisector Bonds category with lower expense ratios, going as low as 0.05%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Doubleline Selective Credit Fund | 0.05% | — | Aug 2014 | PDIIX vs DBSCX | |
| Vanguard Multi-Sector Income Bond Fund Admiral Sha... | 0.30% | — | Oct 2021 | PDIIX vs VMSAX | |
| JPMorgan Income Fund | 0.40% | — | Jun 2014 | PDIIX vs JMSIX | |
| Boyd Watterson Limited Duration Enhanced Income Fu... | 0.40% | — | Jul 2016 | PDIIX vs BWDTX | |
| Mercer Opportunistic Fixed Income Fund | 0.44% | — | Aug 2013 | PDIIX vs MOFIX |
Best Risk-Adjusted Alternatives to PDIIX
PDIIX has a PortfoliosLab risk / return rank of 66. There are 27 mutual funds in the Multisector Bonds category with higher risk-adjusted ranks, going as high as 99.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Nationwide Amundi Strategic Income Fund | 99 | — | Nov 2015 | PDIIX vs NWXHX | |
| Nationwide Strategic Income A | 99 | — | Nov 2015 | PDIIX vs NWXEX | |
| Boyd Watterson Limited Duration Enhanced Income Fu... | 98 | — | Jul 2016 | PDIIX vs BWDTX | |
| Rational Special Situations Income Fund | 98 | — | Jul 2019 | PDIIX vs RFXIX | |
| Intrepid Income Fund | 97 | — | Jul 2007 | PDIIX vs ICMUX |
Top Performing PDIIX Alternatives (YTD)
PDIIX is at 1.71% YTD. There are 22 mutual funds in the Multisector Bonds category with higher YTD returns, going as high as 4.57%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| abrdn Income Credit Strategies Fund | 4.57% | — | Jan 2011 | PDIIX vs ACP | |
| Western Asset Diversified Income Fund | 4.16% | — | Jun 2021 | PDIIX vs WDI | |
| Saba Capital Income & Opportunities Fund | 3.52% | — | Dec 1987 | PDIIX vs BRW | |
| BrandywineGLOBAL - Flexible Bond Fund | 3.40% | — | May 2016 | PDIIX vs LFLIX | |
| Intrepid Income Fund | 2.85% | — | Jul 2007 | PDIIX vs ICMUX |
Lowest Volatility Alternatives to PDIIX
PDIIX has 3.82% 1-year volatility. There are 64 mutual funds in the Multisector Bonds category with lower 1-year volatility, going as low as 1.18%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Nationwide Amundi Strategic Income Fund | 1.18% | — | Nov 2015 | PDIIX vs NWXHX | |
| Nationwide Strategic Income A | 1.22% | — | Nov 2015 | PDIIX vs NWXEX | |
| Boyd Watterson Limited Duration Enhanced Income Fu... | 1.30% | — | Jul 2016 | PDIIX vs BWDTX | |
| Rational Special Situations Income Fund | 1.40% | — | Jul 2019 | PDIIX vs RFXIX | |
| CrossingBridge Low Duration High Yield Fund | 1.41% | — | Jan 2018 | PDIIX vs CBLDX |
Lowest Drawdown Alternatives to PDIIX
PDIIX has a 1-year max drawdown of -3.55%. There are 67 mutual funds in the Multisector Bonds category with shallower 1-year drawdowns, going as shallow as -0.41%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Nationwide Amundi Strategic Income Fund | -0.41% | — | Nov 2015 | PDIIX vs NWXHX | |
| Nationwide Strategic Income A | -0.43% | — | Nov 2015 | PDIIX vs NWXEX | |
| Rational Special Situations Income Fund | -0.72% | — | Jul 2019 | PDIIX vs RFXIX | |
| CrossingBridge Low Duration High Yield Fund | -0.73% | — | Jan 2018 | PDIIX vs CBLDX | |
| Boyd Watterson Limited Duration Enhanced Income Fu... | -1.00% | — | Jul 2016 | PDIIX vs BWDTX |
Other Mutual Funds from PIMCO
The 10 most viewed PIMCO mutual funds shown here include PIMIX, PTY, PONAX and span 6 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| PIMCO Income Fund Institutional Class | Multisector Bonds | 50 | 1.07% | — | Mar 2007 | PDIIX vs PIMIX | |
| PIMCO Corporate & Income Opportunity Fund | Corporate Bonds | 2 | -1.00% | — | Dec 2002 | PDIIX vs PTY | |
| PIMCO Income Fund Class A | Multisector Bonds | 44 | 0.87% | — | Apr 2007 | PDIIX vs PONAX | |
| PIMCO Total Return Fund Institutional Class | Intermediate Core-Plus Bond | 28 | 0.35% | — | May 1987 | PDIIX vs PTTRX | |
| PIMCO Corporate & Income Strategy Fund | Multisector Bonds | 7 | -2.18% | — | Dec 2001 | PDIIX vs PCN | |
| PIMCO Income Fund Class I-2 | Multisector Bonds | 48 | 1.02% | — | Apr 2008 | PDIIX vs PONPX | |
| PIMCO StocksPLUS Long Duration Fund Class I | Diversified Portfolio | 34 | 8.53% | — | Aug 2007 | PDIIX vs PSLDX | |
| PIMCO Income Strategy Fund II | Multisector Bonds | 12 | 1.01% | — | Oct 2004 | PDIIX vs PFN | |
| PIMCO International Bond Fund (U.S. Dollar-Hedged) | Global Bonds | 12 | 0.24% | — | Dec 1992 | PDIIX vs PFORX | |
| PIMCO StocksPLUS International Fund (U.S. Dollar-H... | Foreign Large Cap Equities | 41 | 12.84% | — | Oct 2003 | PDIIX vs PISIX |
Often Compared With PDIIX
Investors most often compare PDIIX with FAGIX, BOND, BND. These 20 comparison targets span 10 categories, based on PortfoliosLab usage data.
Compare PDIIX with Any Fund or Stock
Compare PDIIX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair PDIIX with funds that move differently
PIMCO Diversified Income Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to PDIIX.
Explore PDIIX Diversifiers