PIMCO Investment Grade Credit Bond Fund (PIGIX) belongs to the Corporate Bonds category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with PIGIX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to PIGIX
PIGIX charges 0.51% annually. There are 16 mutual funds in the Corporate Bonds category with lower expense ratios, going as low as 0.05%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Vanguard Short-Term Corporate Bond Index Fund Inst... | 0.05% | — | Nov 2009 | PIGIX vs VSTBX | |
| Vanguard Long-Term Corporate Bond Index Fund Insti... | 0.05% | — | Nov 2009 | PIGIX vs VLCIX | |
| Vanguard Intermediate-Term Corporate Bond Index Fu... | 0.05% | — | Nov 2009 | PIGIX vs VICBX | |
| Vanguard Short-Term Corporate Bond Index Fund Admi... | 0.07% | 50.50B | Nov 2010 | PIGIX vs VSCSX | |
| Vanguard Intermediate-Term Corporate Bond Index Fu... | 0.07% | 68.70B | Mar 2010 | PIGIX vs VICSX |
Best Risk-Adjusted Alternatives to PIGIX
PIGIX has a PortfoliosLab risk / return rank of 20. There are 29 mutual funds in the Corporate Bonds category with higher risk-adjusted ranks, going as high as 94.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Miller Intermediate Bond Fund | 94 | — | Dec 2014 | PIGIX vs MIFIX | |
| Vanguard Short-Term Corporate Bond Index Fund Inst... | 83 | — | Nov 2009 | PIGIX vs VSTBX | |
| Vanguard Short-Term Corporate Bond Index Fund Admi... | 81 | 50.50B | Nov 2010 | PIGIX vs VSCSX | |
| John Hancock Managed Account Shares Investment-Gra... | 40 | — | Jul 2019 | PIGIX vs JMABX | |
| LKCM Fixed Income Fund | 34 | — | Dec 1997 | PIGIX vs LKFIX |
Top Performing PIGIX Alternatives (YTD)
PIGIX is at -0.30% YTD. There are 22 mutual funds in the Corporate Bonds category with higher YTD returns, going as high as 5.72%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Miller Intermediate Bond Fund | 5.72% | — | Dec 2014 | PIGIX vs MIFIX | |
| Vanguard Short-Term Corporate Bond Index Fund Inst... | 0.68% | — | Nov 2009 | PIGIX vs VSTBX | |
| Vanguard Short-Term Corporate Bond Index Fund Admi... | 0.65% | 50.50B | Nov 2010 | PIGIX vs VSCSX | |
| Brandes Separately Managed Account Reserve Trust | 0.40% | — | Oct 2005 | PIGIX vs SMARX | |
| Western Asset SMASh Series C Fund | 0.33% | — | Dec 2006 | PIGIX vs LMLCX |
Lowest Volatility Alternatives to PIGIX
PIGIX has 4.66% 1-year volatility. There are 40 mutual funds in the Corporate Bonds category with lower 1-year volatility, going as low as 1.78%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Vanguard Short-Term Corporate Bond Index Fund Inst... | 1.78% | — | Nov 2009 | PIGIX vs VSTBX | |
| Vanguard Short-Term Corporate Bond Index Fund Admi... | 1.79% | 50.50B | Nov 2010 | PIGIX vs VSCSX | |
| LKCM Fixed Income Fund | 2.53% | — | Dec 1997 | PIGIX vs LKFIX | |
| iMGP Dolan McEniry Corporate Bond Fund | 2.79% | — | Sep 2018 | PIGIX vs IDMIX | |
| Federated Hermes Intermediate Corporate Bond Fund | 3.06% | — | Dec 1993 | PIGIX vs FIIFX |
Lowest Drawdown Alternatives to PIGIX
PIGIX has a 1-year max drawdown of -3.98%. There are 40 mutual funds in the Corporate Bonds category with shallower 1-year drawdowns, going as shallow as -1.31%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Vanguard Short-Term Corporate Bond Index Fund Inst... | -1.31% | — | Nov 2009 | PIGIX vs VSTBX | |
| Vanguard Short-Term Corporate Bond Index Fund Admi... | -1.36% | 50.50B | Nov 2010 | PIGIX vs VSCSX | |
| LKCM Fixed Income Fund | -1.76% | — | Dec 1997 | PIGIX vs LKFIX | |
| Federated Hermes Intermediate Corporate Bond Fund | -2.28% | — | Dec 1993 | PIGIX vs FIIFX | |
| iMGP Dolan McEniry Corporate Bond Fund | -2.38% | — | Sep 2018 | PIGIX vs IDMIX |
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 | 47 | 0.60% | — | Mar 2007 | PIGIX vs PIMIX | |
| PIMCO Corporate & Income Opportunity Fund | Corporate Bonds | 2 | -2.08% | — | Dec 2002 | PIGIX vs PTY | |
| PIMCO Income Fund Class A | Multisector Bonds | 42 | 0.40% | — | Apr 2007 | PIGIX vs PONAX | |
| PIMCO Total Return Fund Institutional Class | Intermediate Core-Plus Bond | 29 | -0.11% | — | May 1987 | PIGIX vs PTTRX | |
| PIMCO Corporate & Income Strategy Fund | Multisector Bonds | 6 | -2.85% | — | Dec 2001 | PIGIX vs PCN | |
| PIMCO Income Fund Class I-2 | Multisector Bonds | 46 | 0.55% | — | Apr 2008 | PIGIX vs PONPX | |
| PIMCO StocksPLUS Long Duration Fund Class I | Diversified Portfolio | 34 | 6.92% | — | Aug 2007 | PIGIX vs PSLDX | |
| PIMCO Income Strategy Fund II | Multisector Bonds | 13 | 1.58% | — | Oct 2004 | PIGIX vs PFN | |
| PIMCO International Bond Fund (U.S. Dollar-Hedged) | Global Bonds | 11 | -0.17% | — | Dec 1992 | PIGIX vs PFORX | |
| PIMCO StocksPLUS International Fund (U.S. Dollar-H... | Foreign Large Cap Equities | 42 | 12.51% | — | Oct 2003 | PIGIX vs PISIX |
Often Compared With PIGIX
Investors most often compare PIGIX with PGOVX, VFIDX, TLT. These 20 comparison targets span 12 categories, based on PortfoliosLab usage data.
Compare PIGIX with Any Fund or Stock
Compare PIGIX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair PIGIX with funds that move differently
PIMCO Investment Grade Credit Bond Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to PIGIX.
Explore PIGIX Diversifiers