PIMCO Income Fund Class I-3 (PIPNX) 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 PIPNX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to PIPNX
PIPNX charges 0.77% annually. There are 39 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 | PIPNX vs DBSCX | |
| Vanguard Multi-Sector Income Bond Fund Admiral Sha... | 0.30% | — | Oct 2021 | PIPNX vs VMSAX | |
| JPMorgan Income Fund Class I | 0.40% | — | Jun 2014 | PIPNX vs JMSIX | |
| Boyd Watterson Limited Duration Enhanced Income Fu... | 0.40% | — | Jul 2016 | PIPNX vs BWDTX | |
| Mercer Opportunistic Fixed Income Fund | 0.44% | — | Aug 2013 | PIPNX vs MOFIX |
Best Risk-Adjusted Alternatives to PIPNX
PIPNX has a PortfoliosLab risk / return rank of 48. There are 42 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 | PIPNX vs NWXHX | |
| Nationwide Strategic Income A | 99 | — | Nov 2015 | PIPNX vs NWXEX | |
| Rational Special Situations Income Fund | 98 | — | Jul 2019 | PIPNX vs RFXIX | |
| Boyd Watterson Limited Duration Enhanced Income Fu... | 98 | — | Jul 2016 | PIPNX vs BWDTX | |
| Oaktree Diversified Income Fund Inc. Class D | 98 | — | Nov 2021 | PIPNX vs ODIDX |
Top Performing PIPNX Alternatives (YTD)
PIPNX is at 0.16% YTD. There are 62 mutual funds in the Multisector Bonds category with higher YTD returns, going as high as 3.47%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| abrdn Income Credit Strategies Fund | 3.47% | — | Jan 2011 | PIPNX vs ACP | |
| BrandywineGLOBAL - Flexible Bond Fund | 3.07% | — | May 2016 | PIPNX vs LFLIX | |
| Saba Capital Income & Opportunities Fund | 3.06% | — | Dec 1987 | PIPNX vs BRW | |
| Intrepid Income Fund | 2.85% | — | Aug 2010 | PIPNX vs ICMUX | |
| Nationwide Amundi Strategic Income Fund | 2.57% | — | Nov 2015 | PIPNX vs NWXHX |
Lowest Volatility Alternatives to PIPNX
PIPNX has 4.13% 1-year volatility. There are 74 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 | PIPNX vs NWXHX | |
| Nationwide Strategic Income A | 1.24% | — | Nov 2015 | PIPNX vs NWXEX | |
| Boyd Watterson Limited Duration Enhanced Income Fu... | 1.31% | — | Jul 2016 | PIPNX vs BWDTX | |
| Rational Special Situations Income Fund | 1.38% | — | Jul 2019 | PIPNX vs RFXIX | |
| Oaktree Diversified Income Fund Inc. Class D | 1.47% | — | Nov 2021 | PIPNX vs ODIDX |
Lowest Drawdown Alternatives to PIPNX
PIPNX has a 1-year max drawdown of -3.69%. There are 72 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 | PIPNX vs NWXHX | |
| Nationwide Strategic Income A | -0.43% | — | Nov 2015 | PIPNX vs NWXEX | |
| Rational Special Situations Income Fund | -0.72% | — | Jul 2019 | PIPNX vs RFXIX | |
| CrossingBridge Low Duration High Yield Fund | -0.73% | — | Jan 2018 | PIPNX vs CBLDX | |
| Boyd Watterson Limited Duration Enhanced Income Fu... | -1.00% | — | Jul 2016 | PIPNX 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 | 52 | 0.23% | — | Mar 2007 | PIPNX vs PIMIX | |
| PIMCO Corporate & Income Opportunity Fund | Corporate Bonds | 1 | -2.91% | — | Dec 2002 | PIPNX vs PTY | |
| PIMCO Income Fund Class A | Multisector Bonds | 45 | 0.03% | — | Apr 2007 | PIPNX vs PONAX | |
| PIMCO Total Return Fund Institutional Class | Intermediate Core-Plus Bond | 30 | -0.45% | — | May 1987 | PIPNX vs PTTRX | |
| PIMCO Corporate & Income Strategy Fund | Multisector Bonds | 9 | -2.68% | — | Dec 2001 | PIPNX vs PCN | |
| PIMCO Income Fund Class I-2 | Multisector Bonds | 50 | 0.18% | — | Apr 2008 | PIPNX vs PONPX | |
| PIMCO StocksPLUS Long Duration Fund Class I | Diversified Portfolio | 28 | 4.37% | — | Aug 2007 | PIPNX vs PSLDX | |
| PIMCO Income Strategy Fund II | Multisector Bonds | 15 | 1.29% | — | Oct 2004 | PIPNX vs PFN | |
| PIMCO International Bond Fund (U.S. Dollar-Hedged) | Global Bonds | 12 | -0.58% | — | Dec 1992 | PIPNX vs PFORX | |
| PIMCO StocksPLUS International Fund (U.S. Dollar-H... | Foreign Large Cap Equities | 49 | 12.84% | — | Oct 2003 | PIPNX vs PISIX |
Often Compared With PIPNX
Investors most often compare PIPNX with PYLD, PRFRX, HYS. These 20 comparison targets span 7 categories, based on PortfoliosLab usage data.
Compare PIPNX with Any Fund or Stock
Compare PIPNX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair PIPNX with funds that move differently
PIMCO Income Fund Class I-3 alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to PIPNX.
Explore PIPNX Diversifiers