PHSPX Alternatives & Similar Mutual Funds

PIMCO High Yield Spectrum Fund (PHSPX) 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 PHSPX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.

Cheapest Alternatives to PHSPX

PHSPX charges 0.71% annually. There are 59 mutual funds in the High Yield Bonds category with lower expense ratios, going as low as 0.02%.

Symbol	Name	Expense Ratio	AUM	Inception
FHYSX	Federated Hermes High-Yield Strategy Portfolio	0.02%	—	Dec 2008	PHSPX vs FHYSX
VWEAX	Vanguard High-Yield Corporate Fund Admiral Shares	0.13%	25.70B	Nov 2001	PHSPX vs VWEAX
PIAMX	PIA High Yield (MACS) Fund	0.20%	—	Dec 2017	PHSPX vs PIAMX
VWEHX	Vanguard High-Yield Corporate Fund Investor Shares	0.23%	25.70B	Dec 1978	PHSPX vs VWEHX
CRDOX	Six Circles Credit Opportunities Fund	0.29%	—	Nov 2020	PHSPX vs CRDOX

Best Risk-Adjusted Alternatives to PHSPX

PHSPX has a PortfoliosLab risk / return rank of 60. There are 139 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
XILSX	Pioneer ILS Interval Fund	100	—	Dec 2014	PHSPX vs XILSX
CCLFX	Cliffwater Corporate Lending Fund	100	—	Mar 2019	PHSPX vs CCLFX
RPHIX	RiverPark Short Term High Yield Fund	100	—	Sep 2010	PHSPX vs RPHIX
FSHNX	Fidelity Series High Income Fund	97	—	Mar 2011	PHSPX vs FSHNX
CWFIX	Chartwell Short Duration High Yield Fund	97	—	Jul 2014	PHSPX vs CWFIX

Top Performing PHSPX Alternatives (YTD)

PHSPX is at 0.94% YTD. There are 163 mutual funds in the High Yield Bonds category with higher YTD returns, going as high as 8.43%.

Symbol	Name	YTD Return	AUM	Inception
FAGIX	Fidelity Capital & Income Fund	8.43%	—	Nov 1977	PHSPX vs FAGIX
XILSX	Pioneer ILS Interval Fund	7.97%	—	Dec 2014	PHSPX vs XILSX
FIQTX	Fidelity Advisor High Income Advantage Fund Class ...	7.64%	—	Oct 2018	PHSPX vs FIQTX
FAHCX	Fidelity Advisor High Income Advantage Fund Class ...	7.59%	—	Jul 1995	PHSPX vs FAHCX
FAHYX	Fidelity Advisor High Income Advantage Fund Class ...	7.52%	—	Jan 1987	PHSPX vs FAHYX

Lowest Volatility Alternatives to PHSPX

PHSPX has 3.30% 1-year volatility. There are 98 mutual funds in the High Yield Bonds category with lower 1-year volatility, going as low as 0.88%.

Symbol	Name	Volatility 1Y	AUM	Inception
CCLFX	Cliffwater Corporate Lending Fund	0.88%	—	Mar 2019	PHSPX vs CCLFX
RPHIX	RiverPark Short Term High Yield Fund	0.88%	—	Sep 2010	PHSPX vs RPHIX
CWFIX	Chartwell Short Duration High Yield Fund	1.49%	—	Jul 2014	PHSPX vs CWFIX
SCFIX	Shenkman Capital Short Duration High Income Fund	1.63%	—	Oct 2012	PHSPX vs SCFIX
OSTIX	Osterweis Strategic Income Fund	1.69%	—	Aug 2002	PHSPX vs OSTIX

Lowest Drawdown Alternatives to PHSPX

PHSPX has a 1-year max drawdown of -2.70%. There are 134 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
RPHIX	RiverPark Short Term High Yield Fund	-0.10%	—	Sep 2010	PHSPX vs RPHIX
CCLFX	Cliffwater Corporate Lending Fund	-0.19%	—	Mar 2019	PHSPX vs CCLFX
XILSX	Pioneer ILS Interval Fund	-0.21%	—	Dec 2014	PHSPX vs XILSX
MDHVX	MainStay MacKay Short Duration High Yield Fund	-1.06%	—	Dec 2012	PHSPX vs MDHVX
SCFIX	Shenkman Capital Short Duration High Income Fund	-1.11%	—	Oct 2012	PHSPX vs SCFIX

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
PIMIX	PIMCO Income Fund Institutional Class	Total Bond Market	45	1.00%	—	Mar 2007	PHSPX vs PIMIX
PONAX	PIMCO Income Fund Class A	Multisector Bonds	41	0.83%	—	Apr 2007	PHSPX vs PONAX
PTTRX	PIMCO Total Return Fund Institutional Class	Total Bond Market	30	0.64%	—	—	PHSPX vs PTTRX
PCN	PIMCO Corporate & Income Strategy Fund	Multisector Bonds	3	-4.37%	—	Dec 2001	PHSPX vs PCN
PONPX	PIMCO Income Fund Class I-2	Total Bond Market	44	0.96%	—	—	PHSPX vs PONPX
PSLDX	PIMCO StocksPLUS Long Duration Fund Class I	Diversified Portfolio	47	10.35%	—	Aug 2007	PHSPX vs PSLDX
PFN	PIMCO Income Strategy Fund II	Multisector Bonds	6	-4.15%	—	Oct 2004	PHSPX vs PFN
PFORX	PIMCO International Bond Fund (U.S. Dollar-Hedged)	Global Bonds	9	0.12%	—	Dec 1992	PHSPX vs PFORX
PISIX	PIMCO StocksPLUS International Fund (U.S. Dollar-H...	Foreign Large Cap Equities	25	9.70%	—	Oct 2003	PHSPX vs PISIX
PCRIX	PIMCO Commodity Real Return Strategy Fund	Commodities	75	26.86%	—	Jun 2002	PHSPX vs PCRIX

Often Compared With PHSPX

Investors most often compare PHSPX with SHOYX, SHYPX, FOCIX. These 4 comparison targets span 2 categories, based on PortfoliosLab usage data.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
SHOYX	American Beacon SiM High Yield Opportunities Fund ...	High Yield Bonds	96	2.27%	—	Feb 2011	PHSPX vs SHOYX
SHYPX	American Beacon SiM High Yld Opps Fund	High Yield Bonds	96	2.13%	—	Feb 2011	PHSPX vs SHYPX
FOCIX	Fairholme Focused Income Fund	High Yield Bonds	41	7.20%	—	Dec 2009	PHSPX vs FOCIX
PMJIX	PIMCO RAE US Small Fund	Small Cap Value Equities	67	19.26%	—	Jun 2015	PHSPX vs PMJIX

Compare PHSPX with Any Fund or Stock

Compare PHSPX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.

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Diversifiers

Pair PHSPX with funds that move differently

PIMCO High Yield Spectrum Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to PHSPX.

Explore PHSPX Diversifiers

PIMCO High Yield Spectrum Fund (PHSPX) Alternatives