PIMCO High Yield Fund (PHIYX) belongs to the High Yield Bonds category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with PHIYX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to PHIYX
PHIYX charges 0.56% annually. There are 22 mutual funds in the High Yield Bonds category with lower expense ratios, going as low as 0.02%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Federated Hermes High-Yield Strategy Portfolio | 0.02% | — | Dec 2008 | PHIYX vs FHYSX | |
| Vanguard High-Yield Corporate Fund Admiral Shares | 0.12% | 25.80B | Nov 2001 | PHIYX vs VWEAX | |
| PIA High Yield (MACS) Fund | 0.20% | — | Dec 2017 | PHIYX vs PIAMX | |
| Vanguard High-Yield Corporate Fund Investor Shares | 0.22% | 25.80B | Dec 1978 | PHIYX vs VWEHX | |
| Six Circles Credit Opportunities Fund | 0.29% | — | Nov 2020 | PHIYX vs CRDOX |
Best Risk-Adjusted Alternatives to PHIYX
PHIYX has a PortfoliosLab risk / return rank of 46. There are 117 mutual funds in the High Yield Bonds category with higher risk-adjusted ranks, going as high as 100.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Pioneer ILS Interval Fund | 100 | — | Dec 2014 | PHIYX vs XILSX | |
| Cliffwater Corporate Lending Fund Class I Shares | 100 | — | Jun 2019 | PHIYX vs CCLFX | |
| RiverPark Short Term High Yield Fund | 99 | — | Sep 2010 | PHIYX vs RPHIX | |
| Penn Capital Short Duration High Income Fund | 97 | — | Jul 2017 | PHIYX vs PSHNX | |
| Chartwell Short Duration High Yield Fund | 97 | — | Jul 2014 | PHIYX vs CWFIX |
Top Performing PHIYX Alternatives (YTD)
PHIYX is at 0.34% YTD. There are 174 mutual funds in the High Yield Bonds category with higher YTD returns, going as high as 10.56%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Pioneer ILS Interval Fund | 10.56% | — | Dec 2014 | PHIYX vs XILSX | |
| Fairholme Focused Income Fund | 10.04% | — | Dec 2009 | PHIYX vs FOCIX | |
| Fidelity Capital & Income Fund | 5.94% | — | Nov 1977 | PHIYX vs FAGIX | |
| Fidelity Advisor High Income Advantage Fund Class ... | 5.45% | — | Oct 2018 | PHIYX vs FIQTX | |
| Fidelity Advisor High Income Advantage Fund Class ... | 5.40% | — | Jul 1995 | PHIYX vs FAHCX |
Lowest Volatility Alternatives to PHIYX
PHIYX has 3.45% 1-year volatility. There are 128 mutual funds in the High Yield Bonds category with lower 1-year volatility, going as low as 0.85%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Cliffwater Corporate Lending Fund Class I Shares | 0.85% | — | Jun 2019 | PHIYX vs CCLFX | |
| RiverPark Short Term High Yield Fund | 0.86% | — | Sep 2010 | PHIYX vs RPHIX | |
| Chartwell Short Duration High Yield Fund | 1.51% | — | Jul 2014 | PHIYX vs CWFIX | |
| Shenkman Capital Short Duration High Income Fund | 1.69% | — | Oct 2012 | PHIYX vs SCFIX | |
| Osterweis Strategic Income Fund | 1.77% | — | Aug 2002 | PHIYX vs OSTIX |
Lowest Drawdown Alternatives to PHIYX
PHIYX has a 1-year max drawdown of -2.58%. There are 120 mutual funds in the High Yield Bonds category with shallower 1-year drawdowns, going as shallow as -0.10%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Pioneer ILS Interval Fund | -0.10% | — | Dec 2014 | PHIYX vs XILSX | |
| Cliffwater Corporate Lending Fund Class I Shares | -0.19% | — | Jun 2019 | PHIYX vs CCLFX | |
| RiverPark Short Term High Yield Fund | -0.21% | — | Sep 2010 | PHIYX vs RPHIX | |
| MainStay MacKay Short Duration High Yield Fund | -1.06% | — | Dec 2012 | PHIYX vs MDHVX | |
| Shenkman Capital Short Duration High Income Fund | -1.11% | — | Oct 2012 | PHIYX vs SCFIX |
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 | PHIYX vs PIMIX | |
| PIMCO Corporate & Income Opportunity Fund | Corporate Bonds | 1 | -2.49% | — | Dec 2002 | PHIYX vs PTY | |
| PIMCO Income Fund Class A | Multisector Bonds | 30 | -0.25% | — | Apr 2007 | PHIYX vs PONAX | |
| PIMCO Total Return Fund Institutional Class | Intermediate Core-Plus Bond | 20 | -0.80% | — | May 1987 | PHIYX vs PTTRX | |
| PIMCO Corporate & Income Strategy Fund | Multisector Bonds | 8 | -2.18% | — | Dec 2001 | PHIYX vs PCN | |
| PIMCO Income Fund Class I-2 | Multisector Bonds | 32 | -0.10% | — | Apr 2008 | PHIYX vs PONPX | |
| PIMCO StocksPLUS Long Duration Fund Class I | Diversified Portfolio | 25 | 4.49% | — | Aug 2007 | PHIYX vs PSLDX | |
| PIMCO Income Strategy Fund II | Multisector Bonds | 13 | 1.44% | — | Oct 2004 | PHIYX vs PFN | |
| PIMCO International Bond Fund (U.S. Dollar-Hedged) | Global Bonds | 8 | -0.68% | — | Dec 1992 | PHIYX vs PFORX | |
| PIMCO StocksPLUS International Fund (U.S. Dollar-H... | Foreign Large Cap Equities | 44 | 13.06% | — | Oct 2003 | PHIYX vs PISIX |
Often Compared With PHIYX
Investors most often compare PHIYX with UUP, FSIGX, FSTGX. These 20 comparison targets span 15 categories, based on PortfoliosLab usage data.
Compare PHIYX with Any Fund or Stock
Compare PHIYX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair PHIYX with funds that move differently
PIMCO High Yield Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to PHIYX.
Explore PHIYX Diversifiers