PIMCO Global Bond Opportunities Fund (U.S. Dollar-Hedged) Class I (PGBIX) belongs to the Global Bonds category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with PGBIX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to PGBIX
PGBIX charges 0.55% annually. There are 22 mutual funds in the Global Bonds category with lower expense ratios, going as low as 0.06%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Fidelity International Bond Index Fund | 0.06% | — | Oct 2019 | PGBIX vs FBIIX | |
| Vanguard Total International Bond II Index Fund | 0.07% | — | Feb 2021 | PGBIX vs VTILX | |
| Vanguard Total International Bond II Index Fund In... | 0.11% | — | Feb 2021 | PGBIX vs VTIIX | |
| Vanguard Total International Bond Index Fund | 0.13% | — | May 2013 | PGBIX vs VTIBX | |
| DFA Two Year Global Fixed Income Portfolio | 0.16% | — | Feb 1996 | PGBIX vs DFGFX |
Best Risk-Adjusted Alternatives to PGBIX
PGBIX has a PortfoliosLab risk / return rank of 18. There are 25 mutual funds in the Global Bonds category with higher risk-adjusted ranks, going as high as 91.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Eaton Vance Global Bond Fund | 91 | — | Jun 2007 | PGBIX vs EAIIX | |
| T. Rowe Price Global Multi-Sector Bond Fund | 88 | — | Dec 2008 | PGBIX vs PRSNX | |
| DFA Selectively Hedged Global Fixed Income Portfol... | 85 | — | Jan 2008 | PGBIX vs DFSHX | |
| Payden Global Low Duration Fund | 78 | — | Sep 1996 | PGBIX vs PYGSX | |
| Destinations Global Fixed Income Opportunities Fun... | 76 | — | Mar 2017 | PGBIX vs DGFFX |
Top Performing PGBIX Alternatives (YTD)
PGBIX is at -0.55% YTD. There are 61 mutual funds in the Global Bonds category with higher YTD returns, going as high as 3.75%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Eaton Vance Global Bond Fund | 3.75% | — | Jun 2007 | PGBIX vs EAIIX | |
| Dunham International Opportunity Bond Fund | 2.62% | — | Oct 2013 | PGBIX vs DAIOX | |
| Destinations Global Fixed Income Opportunities Fun... | 2.44% | — | Mar 2017 | PGBIX vs DGFFX | |
| Templeton Global Bond Fund | 2.00% | — | Sep 1986 | PGBIX vs TPINX | |
| Templeton Global Bond Fund - Class R | 1.91% | — | Feb 2009 | PGBIX vs FGBRX |
Lowest Volatility Alternatives to PGBIX
PGBIX has 4.13% 1-year volatility. There are 43 mutual funds in the Global Bonds category with lower 1-year volatility, going as low as 1.52%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| DFA Selectively Hedged Global Fixed Income Portfol... | 1.52% | — | Jan 2008 | PGBIX vs DFSHX | |
| Payden Global Low Duration Fund | 1.54% | — | Sep 1996 | PGBIX vs PYGSX | |
| DFA Two Year Global Fixed Income Portfolio | 1.58% | — | Feb 1996 | PGBIX vs DFGFX | |
| DFA Five Year Global Fixed Income Portfolio | 1.88% | — | Nov 1990 | PGBIX vs DFGBX | |
| SA Global Fixed Income Fund | 1.97% | — | Jul 1999 | PGBIX vs SAXIX |
Lowest Drawdown Alternatives to PGBIX
PGBIX has a 1-year max drawdown of -4.25%. There are 49 mutual funds in the Global Bonds category with shallower 1-year drawdowns, going as shallow as -1.19%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Destinations Global Fixed Income Opportunities Fun... | -1.19% | — | Mar 2017 | PGBIX vs DGFFX | |
| Payden Global Low Duration Fund | -1.23% | — | Sep 1996 | PGBIX vs PYGSX | |
| DFA Selectively Hedged Global Fixed Income Portfol... | -1.28% | — | Jan 2008 | PGBIX vs DFSHX | |
| DFA Five Year Global Fixed Income Portfolio | -1.38% | — | Nov 1990 | PGBIX vs DFGBX | |
| DFA Two Year Global Fixed Income Portfolio | -1.41% | — | Feb 1996 | PGBIX vs DFGFX |
Other Mutual Funds from PIMCO
The 10 most viewed PIMCO mutual funds shown here include PIMIX, PONAX, PTTRX and span 6 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| PIMCO Income Fund Institutional Class | Total Bond Market | 45 | 1.00% | — | Mar 2007 | PGBIX vs PIMIX | |
| PIMCO Income Fund Class A | Multisector Bonds | 41 | 0.83% | — | Apr 2007 | PGBIX vs PONAX | |
| PIMCO Total Return Fund Institutional Class | Total Bond Market | 30 | 0.64% | — | — | PGBIX vs PTTRX | |
| PIMCO Corporate & Income Strategy Fund | Multisector Bonds | 3 | -4.37% | — | Dec 2001 | PGBIX vs PCN | |
| PIMCO Income Fund Class I-2 | Total Bond Market | 44 | 0.96% | — | — | PGBIX vs PONPX | |
| PIMCO StocksPLUS Long Duration Fund Class I | Diversified Portfolio | 47 | 10.35% | — | Aug 2007 | PGBIX vs PSLDX | |
| PIMCO Income Strategy Fund II | Multisector Bonds | 6 | -4.15% | — | Oct 2004 | PGBIX vs PFN | |
| PIMCO International Bond Fund (U.S. Dollar-Hedged) | Global Bonds | 9 | -0.18% | — | Dec 1992 | PGBIX vs PFORX | |
| PIMCO StocksPLUS International Fund (U.S. Dollar-H... | Foreign Large Cap Equities | 21 | 8.96% | — | Oct 2003 | PGBIX vs PISIX | |
| PIMCO Commodity Real Return Strategy Fund | Commodities | 78 | 26.38% | — | Jun 2002 | PGBIX vs PCRIX |
Often Compared With PGBIX
Investors most often compare PGBIX with JPIB, VMFXX, DIVO. These 15 comparison targets span 8 categories, based on PortfoliosLab usage data.
Compare PGBIX with Any Fund or Stock
Compare PGBIX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair PGBIX with funds that move differently
PIMCO Global Bond Opportunities Fund (U.S. Dollar-Hedged) Class I alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to PGBIX.
Explore PGBIX Diversifiers