PIMCO Diversified Income Fund Class A (PDVAX) 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 PDVAX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to PDVAX
PDVAX charges 1.21% annually. There are 68 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 | PDVAX vs DBSCX | |
| Vanguard Multi-Sector Income Bond Fund Admiral Sha... | 0.30% | — | Oct 2021 | PDVAX vs VMSAX | |
| JPMorgan Income Fund | 0.40% | — | Jun 2014 | PDVAX vs JMSIX | |
| Boyd Watterson Limited Duration Enhanced Income Fu... | 0.40% | — | Jul 2016 | PDVAX vs BWDTX | |
| Mercer Opportunistic Fixed Income Fund | 0.44% | — | Aug 2013 | PDVAX vs MOFIX |
Best Risk-Adjusted Alternatives to PDVAX
PDVAX has a PortfoliosLab risk / return rank of 62. There are 31 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 | PDVAX vs NWXHX | |
| Nationwide Strategic Income A | 99 | — | Nov 2015 | PDVAX vs NWXEX | |
| Boyd Watterson Limited Duration Enhanced Income Fu... | 98 | — | Jul 2016 | PDVAX vs BWDTX | |
| Rational Special Situations Income Fund | 98 | — | Jul 2019 | PDVAX vs RFXIX | |
| CrossingBridge Low Duration High Yield Fund | 97 | — | Jan 2018 | PDVAX vs CBLDX |
Top Performing PDVAX Alternatives (YTD)
PDVAX is at 1.58% YTD. There are 23 mutual funds in the Multisector Bonds category with higher YTD returns, going as high as 4.02%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| abrdn Income Credit Strategies Fund | 4.02% | — | Jan 2011 | PDVAX vs ACP | |
| BrandywineGLOBAL - Flexible Bond Fund | 3.03% | — | May 2016 | PDVAX vs LFLIX | |
| Eaton Vance Strategic Income Fund Class I | 2.49% | — | Jan 1998 | PDVAX vs ETSIX | |
| Eaton Vance Strategic Income Fund Class I | 2.48% | — | Apr 2009 | PDVAX vs ESIIX | |
| Nationwide Amundi Strategic Income Fund | 2.37% | — | Nov 2015 | PDVAX vs NWXHX |
Lowest Volatility Alternatives to PDVAX
PDVAX has 3.82% 1-year volatility. There are 62 mutual funds in the Multisector Bonds category with lower 1-year volatility, going as low as 1.19%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Nationwide Amundi Strategic Income Fund | 1.19% | — | Nov 2015 | PDVAX vs NWXHX | |
| Nationwide Strategic Income A | 1.22% | — | Nov 2015 | PDVAX vs NWXEX | |
| Boyd Watterson Limited Duration Enhanced Income Fu... | 1.30% | — | Jul 2016 | PDVAX vs BWDTX | |
| CrossingBridge Low Duration High Yield Fund | 1.40% | — | Jan 2018 | PDVAX vs CBLDX | |
| Rational Special Situations Income Fund | 1.40% | — | Jul 2019 | PDVAX vs RFXIX |
Lowest Drawdown Alternatives to PDVAX
PDVAX 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 | PDVAX vs NWXHX | |
| Nationwide Strategic Income A | -0.43% | — | Nov 2015 | PDVAX vs NWXEX | |
| Rational Special Situations Income Fund | -0.72% | — | Jul 2019 | PDVAX vs RFXIX | |
| CrossingBridge Low Duration High Yield Fund | -0.73% | — | Jan 2018 | PDVAX vs CBLDX | |
| Boyd Watterson Limited Duration Enhanced Income Fu... | -1.00% | — | Jul 2016 | PDVAX vs BWDTX |
Other Mutual Funds from PIMCO
The 10 most viewed PIMCO mutual funds shown here include PIMIX, PTY, PONAX and span 7 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| PIMCO Income Fund Institutional Class | Multisector Bonds | 46 | 1.00% | — | Mar 2007 | PDVAX vs PIMIX | |
| PIMCO Corporate & Income Opportunity Fund | Corporate Bonds | 1 | -4.03% | — | Dec 2002 | PDVAX vs PTY | |
| PIMCO Income Fund Class A | Multisector Bonds | 41 | 0.83% | — | Apr 2007 | PDVAX vs PONAX | |
| PIMCO Total Return Fund Institutional Class | Intermediate Core-Plus Bond | 29 | 0.64% | — | May 1987 | PDVAX vs PTTRX | |
| PIMCO Corporate & Income Strategy Fund | Multisector Bonds | 6 | -3.03% | — | Dec 2001 | PDVAX vs PCN | |
| PIMCO Income Fund Class I-2 | Total Bond Market | 44 | 0.96% | — | — | PDVAX vs PONPX | |
| PIMCO StocksPLUS Long Duration Fund Class I | Diversified Portfolio | 42 | 9.71% | — | Aug 2007 | PDVAX vs PSLDX | |
| PIMCO Income Strategy Fund II | Multisector Bonds | 6 | -3.98% | — | Oct 2004 | PDVAX vs PFN | |
| PIMCO International Bond Fund (U.S. Dollar-Hedged) | Global Bonds | 10 | 0.53% | — | Dec 1992 | PDVAX vs PFORX | |
| PIMCO StocksPLUS International Fund (U.S. Dollar-H... | Foreign Large Cap Equities | 36 | 13.06% | — | Oct 2003 | PDVAX vs PISIX |
Often Compared With PDVAX
Investors most often compare PDVAX with PCRIX, ICMUX, WDI. These 8 comparison targets span 3 categories, based on PortfoliosLab usage data.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| PIMCO Commodity Real Return Strategy Fund | Commodities | 30 | 16.94% | — | Jun 2002 | PDVAX vs PCRIX | |
| Intrepid Income Fund | Multisector Bonds | 97 | 2.32% | — | Jul 2007 | PDVAX vs ICMUX | |
| Western Asset Diversified Income Fund | Multisector Bonds | 5 | 1.96% | — | Jun 2021 | PDVAX vs WDI | |
| CrossingBridge Responsible Credit Fund | Multisector Bonds | 58 | 0.16% | — | Jun 2021 | PDVAX vs CBRDX | |
| Potomac Managed Volatility Fund | Multisector Bonds | 55 | 2.01% | — | Jun 2020 | PDVAX vs CRMVX | |
| Saba Capital Income & Opportunities Fund | Multisector Bonds | 2 | -0.40% | — | Dec 1987 | PDVAX vs BRW | |
| PIMCO RAE US Small Fund | Small Cap Value Equities | 72 | 19.00% | — | Jun 2015 | PDVAX vs PMJIX | |
| PIMCO Multisector Bond Active Exchange-Traded Fund | Multisector Bonds | 66 | 1.18% | 13.69B | Jun 2023 | PDVAX vs PYLD |
Compare PDVAX with Any Fund or Stock
Compare PDVAX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair PDVAX with funds that move differently
PIMCO Diversified Income Fund Class A alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to PDVAX.
Explore PDVAX Diversifiers