PIMCO Flexible Credit Income Fund (PFLEX) 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 PFLEX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to PFLEX
PFLEX charges 2.10% annually. There are 89 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 | PFLEX vs DBSCX | |
| Vanguard Multi-Sector Income Bond Fund Admiral Sha... | 0.30% | — | Oct 2021 | PFLEX vs VMSAX | |
| JPMorgan Income Fund Class I | 0.40% | — | Jun 2014 | PFLEX vs JMSIX | |
| Boyd Watterson Limited Duration Enhanced Income Fu... | 0.40% | — | Jul 2016 | PFLEX vs BWDTX | |
| Mercer Opportunistic Fixed Income Fund | 0.44% | — | Aug 2013 | PFLEX vs MOFIX |
Best Risk-Adjusted Alternatives to PFLEX
PFLEX has a PortfoliosLab risk / return rank of 5. There are 87 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 | PFLEX vs NWXHX | |
| Nationwide Strategic Income A | 99 | — | Nov 2015 | PFLEX vs NWXEX | |
| Rational Special Situations Income Fund | 98 | — | Jul 2019 | PFLEX vs RFXIX | |
| Boyd Watterson Limited Duration Enhanced Income Fu... | 98 | — | Jul 2016 | PFLEX vs BWDTX | |
| Oaktree Diversified Income Fund Inc. Class D | 98 | — | Nov 2021 | PFLEX vs ODIDX |
Top Performing PFLEX Alternatives (YTD)
PFLEX is at -0.95% YTD. There are 86 mutual funds in the Multisector Bonds category with higher YTD returns, going as high as 3.37%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Saba Capital Income & Opportunities Fund | 3.37% | — | Dec 1987 | PFLEX vs BRW | |
| BrandywineGLOBAL - Flexible Bond Fund | 2.86% | — | May 2016 | PFLEX vs LFLIX | |
| Nationwide Amundi Strategic Income Fund | 2.67% | — | Nov 2015 | PFLEX vs NWXHX | |
| abrdn Income Credit Strategies Fund | 2.65% | — | Jan 2011 | PFLEX vs ACP | |
| Nationwide Strategic Income A | 2.60% | — | Nov 2015 | PFLEX vs NWXEX |
Lowest Volatility Alternatives to PFLEX
PFLEX has 4.11% 1-year volatility. There are 72 mutual funds in the Multisector Bonds category with lower 1-year volatility, going as low as 1.17%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Nationwide Amundi Strategic Income Fund | 1.17% | — | Nov 2015 | PFLEX vs NWXHX | |
| Nationwide Strategic Income A | 1.24% | — | Nov 2015 | PFLEX vs NWXEX | |
| Boyd Watterson Limited Duration Enhanced Income Fu... | 1.31% | — | Jul 2016 | PFLEX vs BWDTX | |
| Rational Special Situations Income Fund | 1.39% | — | Jul 2019 | PFLEX vs RFXIX | |
| Oaktree Diversified Income Fund Inc. Class D | 1.47% | — | Nov 2021 | PFLEX vs ODIDX |
Lowest Drawdown Alternatives to PFLEX
PFLEX has a 1-year max drawdown of -4.28%. There are 82 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 | PFLEX vs NWXHX | |
| Nationwide Strategic Income A | -0.43% | — | Nov 2015 | PFLEX vs NWXEX | |
| Rational Special Situations Income Fund | -0.72% | — | Jul 2019 | PFLEX vs RFXIX | |
| CrossingBridge Low Duration High Yield Fund | -0.73% | — | Jan 2018 | PFLEX vs CBLDX | |
| Boyd Watterson Limited Duration Enhanced Income Fu... | -1.00% | — | Jul 2016 | PFLEX 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 | 33 | -0.05% | — | Mar 2007 | PFLEX vs PIMIX | |
| PIMCO Corporate & Income Opportunity Fund | Corporate Bonds | 1 | -2.49% | — | Dec 2002 | PFLEX vs PTY | |
| PIMCO Income Fund Class A | Multisector Bonds | 30 | -0.25% | — | Apr 2007 | PFLEX vs PONAX | |
| PIMCO Total Return Fund Institutional Class | Intermediate Core-Plus Bond | 20 | -0.80% | — | May 1987 | PFLEX vs PTTRX | |
| PIMCO Corporate & Income Strategy Fund | Multisector Bonds | 8 | -2.18% | — | Dec 2001 | PFLEX vs PCN | |
| PIMCO Income Fund Class I-2 | Multisector Bonds | 32 | -0.10% | — | Apr 2008 | PFLEX vs PONPX | |
| PIMCO StocksPLUS Long Duration Fund Class I | Diversified Portfolio | 25 | 4.49% | — | Aug 2007 | PFLEX vs PSLDX | |
| PIMCO Income Strategy Fund II | Multisector Bonds | 13 | 1.44% | — | Oct 2004 | PFLEX vs PFN | |
| PIMCO International Bond Fund (U.S. Dollar-Hedged) | Global Bonds | 8 | -0.68% | — | Dec 1992 | PFLEX vs PFORX | |
| PIMCO StocksPLUS International Fund (U.S. Dollar-H... | Foreign Large Cap Equities | 44 | 13.06% | — | Oct 2003 | PFLEX vs PISIX |
Often Compared With PFLEX
Investors most often compare PFLEX with CCLFX, VWEAX, JEPI. These 19 comparison targets span 10 categories, based on PortfoliosLab usage data.
Compare PFLEX with Any Fund or Stock
Compare PFLEX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair PFLEX with funds that move differently
PIMCO Flexible Credit Income Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to PFLEX.
Explore PFLEX Diversifiers