Putnam Diversified Income Trust (PDINX) belongs to the Nontraditional Bonds category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with PDINX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to PDINX
PDINX charges 1.01% annually. There are 39 mutual funds in the Nontraditional Bonds category with lower expense ratios, going as low as 0.47%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Putnam Mortgage Opportunities Fund | 0.47% | — | Apr 2015 | PDINX vs PMOTX | |
| GMO Opportunistic Income Fund | 0.47% | — | Oct 2011 | PDINX vs GMODX | |
| Carillon Reams Unconstrained Bond Fund | 0.50% | — | Sep 2011 | PDINX vs SUBFX | |
| FPA Flexible Fixed Income Fund | 0.51% | — | Dec 2018 | PDINX vs FPFIX | |
| PIMCO Strategic Bond Fund | 0.51% | — | Jan 2009 | PDINX vs PUTIX |
Best Risk-Adjusted Alternatives to PDINX
PDINX has a PortfoliosLab risk / return rank of 38. There are 49 mutual funds in the Nontraditional Bonds category with higher risk-adjusted ranks, going as high as 100.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Cliffwater Enhanced Lending Fund | 100 | — | Jul 2021 | PDINX vs CELFX | |
| Victory Pioneer Cat Bond Fund Class Y | 100 | — | Jan 2023 | PDINX vs CBYYX | |
| PGIM Securitized Credit Fund | 100 | — | Jun 2019 | PDINX vs SCFZX | |
| Eaton Vance Global Macro Absolute Return Fund | 99 | — | Jun 2007 | PDINX vs EIGMX | |
| Artisan Global Unconstrained Fund | 99 | — | Mar 2022 | PDINX vs APFPX |
Top Performing PDINX Alternatives (YTD)
PDINX is at 1.47% YTD. There are 27 mutual funds in the Nontraditional Bonds category with higher YTD returns, going as high as 8.30%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Eaton Vance Global Macro Absolute Return Advantage... | 8.30% | — | Aug 2010 | PDINX vs EGRIX | |
| Putnam Mortgage Opportunities Fund | 5.46% | — | Apr 2015 | PDINX vs PMOTX | |
| Eaton Vance Global Macro Absolute Return Fund | 5.19% | — | Jun 2007 | PDINX vs EIGMX | |
| Artisan Global Unconstrained Fund | 4.47% | — | Mar 2022 | PDINX vs APFPX | |
| T. Rowe Price Dynamic Global Bond Fund | 4.28% | — | Jan 2015 | PDINX vs RPIEX |
Lowest Volatility Alternatives to PDINX
PDINX has 2.96% 1-year volatility. There are 43 mutual funds in the Nontraditional Bonds category with lower 1-year volatility, going as low as 0.85%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Cliffwater Enhanced Lending Fund | 0.85% | — | Jul 2021 | PDINX vs CELFX | |
| Dunham Long/Short Credit Fund | 1.01% | — | Dec 2004 | PDINX vs DCAIX | |
| Victory Pioneer Cat Bond Fund Class Y | 1.21% | — | Jan 2023 | PDINX vs CBYYX | |
| GMO Opportunistic Income Fund | 1.32% | — | Oct 2011 | PDINX vs GMODX | |
| BlackRock Global Long/Short Credit Fund | 1.35% | — | Sep 2011 | PDINX vs BGCIX |
Lowest Drawdown Alternatives to PDINX
PDINX has a 1-year max drawdown of -1.96%. There are 31 mutual funds in the Nontraditional Bonds category with shallower 1-year drawdowns, going as shallow as -0.09%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Victory Pioneer Cat Bond Fund Class Y | -0.09% | — | Jan 2023 | PDINX vs CBYYX | |
| Cliffwater Enhanced Lending Fund | -0.18% | — | Jul 2021 | PDINX vs CELFX | |
| PGIM Securitized Credit Fund | -0.31% | — | Jun 2019 | PDINX vs SCFZX | |
| Dunham Long/Short Credit Fund | -0.37% | — | Dec 2004 | PDINX vs DCAIX | |
| GMO Opportunistic Income Fund | -0.65% | — | Oct 2011 | PDINX vs GMODX |
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 | 84 | 12.25% | — | Jun 1977 | PDINX vs PEYAX | |
| Putnam Large Cap Value Fund Class R6 | Large Cap Value Equities | 85 | 12.43% | — | Jul 2012 | PDINX vs PEQSX | |
| Putnam Large Cap Value Fund | Large Cap Value Equities | 85 | 12.40% | — | Jan 1998 | PDINX vs PEIYX | |
| Putnam Growth Opportunities Fund | Large Cap Growth Equities | 13 | 3.62% | — | Oct 1995 | PDINX vs POGAX | |
| Putnam Global Technology Fund | Technology Equities | 63 | 29.14% | — | Dec 2008 | PDINX vs PGTYX | |
| Putnam Sustainable Leaders Fund | Large Cap Growth Equities | 21 | 3.89% | — | Aug 1990 | PDINX vs PNOPX | |
| Putnam Multi-Cap Core Fund | Large Cap Blend Equities | 48 | 7.85% | — | Sep 2010 | PDINX vs PMYYX | |
| Putnam Large Cap Growth Y | Large Cap Growth Equities | 14 | 3.75% | — | Aug 1999 | PDINX vs PGOYX | |
| Putnam Ultra Short Duration Income Fund | Ultrashort Bond | 99 | 1.68% | — | Oct 2011 | PDINX vs PSDYX | |
| Putnam Small Cap Growth Fund | Small Cap Growth Equities | 29 | 18.32% | — | Dec 1997 | PDINX vs PNSAX |
Often Compared With PDINX
Investors most often compare PDINX with RMUNX, AMZN, FSCO. These 11 comparison targets span 3 categories, based on PortfoliosLab usage data.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Invesco Rochester New York Municipals Fund | Municipal Bonds | 62 | 1.97% | — | May 1986 | PDINX vs RMUNX | |
| Amazon.com, Inc | 54 | 7.22% | — | — | PDINX vs AMZN | ||
| FS Credit Opportunities Corp. | 12 | -19.08% | — | — | PDINX vs FSCO | ||
| Toews Unconstrained Income Fund | Nontraditional Bonds | 45 | 0.33% | — | Aug 2013 | PDINX vs TUIFX | |
| PGIM Absolute Return Bond Fund | Nontraditional Bonds | 97 | 2.56% | — | Mar 2011 | PDINX vs PADZX | |
| Templeton Global Total Return Fund | Nontraditional Bonds | 27 | 2.85% | — | Sep 2008 | PDINX vs TTRZX | |
| DoubleLine Flexible Income Fund | Nontraditional Bonds | 98 | 1.85% | — | Apr 2014 | PDINX vs DFLEX | |
| Anfield Universal Fixed Income Fund | Nontraditional Bonds | 95 | 1.47% | — | Jun 2013 | PDINX vs AFLIX | |
| Putnam Research Fund | Large Cap Blend Equities | 78 | 12.02% | — | Oct 1995 | PDINX vs PNRAX | |
| Wavelength Interest Rate Neutral Fund | Nontraditional Bonds | 66 | 2.16% | — | Sep 2013 | PDINX vs WAVLX | |
| Anchor Risk Managed Credit Strategies Fund | Nontraditional Bonds | 20 | 0.83% | — | Sep 2015 | PDINX vs ATCSX |
Compare PDINX with Any Fund or Stock
Compare PDINX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair PDINX with funds that move differently
Putnam Diversified Income Trust alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to PDINX.
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