Payden/Kravitz Cash Balance Plan Fund (PKBIX) 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 PKBIX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to PKBIX
PKBIX charges 1.25% annually. There are 73 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 | PKBIX vs DBSCX | |
| Vanguard Multi-Sector Income Bond Fund Admiral Sha... | 0.30% | — | Oct 2021 | PKBIX vs VMSAX | |
| JPMorgan Income Fund Class I | 0.40% | — | Jun 2014 | PKBIX vs JMSIX | |
| Boyd Watterson Limited Duration Enhanced Income Fu... | 0.40% | — | Jul 2016 | PKBIX vs BWDTX | |
| Mercer Opportunistic Fixed Income Fund | 0.44% | — | Aug 2013 | PKBIX vs MOFIX |
Best Risk-Adjusted Alternatives to PKBIX
PKBIX has a PortfoliosLab risk / return rank of 89. There are 10 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 | PKBIX vs NWXHX | |
| Nationwide Strategic Income A | 99 | — | Nov 2015 | PKBIX vs NWXEX | |
| Rational Special Situations Income Fund | 98 | — | Jul 2019 | PKBIX vs RFXIX | |
| Boyd Watterson Limited Duration Enhanced Income Fu... | 98 | — | Jul 2016 | PKBIX vs BWDTX | |
| Oaktree Diversified Income Fund Inc. Class D | 98 | — | Nov 2021 | PKBIX vs ODIDX |
Top Performing PKBIX Alternatives (YTD)
PKBIX is at 2.22% YTD. There are 12 mutual funds in the Multisector Bonds category with higher YTD returns, going as high as 3.83%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Saba Capital Income & Opportunities Fund | 3.83% | — | Dec 1987 | PKBIX vs BRW | |
| abrdn Income Credit Strategies Fund | 3.47% | — | Jan 2011 | PKBIX vs ACP | |
| BrandywineGLOBAL - Flexible Bond Fund | 3.18% | — | May 2016 | PKBIX vs LFLIX | |
| Nationwide Amundi Strategic Income Fund | 2.67% | — | Nov 2015 | PKBIX vs NWXHX | |
| Eaton Vance Strategic Income Fund Class I | 2.63% | — | Apr 2009 | PKBIX vs ESIIX |
Lowest Volatility Alternatives to PKBIX
PKBIX has 1.85% 1-year volatility. There are 8 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 | PKBIX vs NWXHX | |
| Nationwide Strategic Income A | 1.24% | — | Nov 2015 | PKBIX vs NWXEX | |
| Boyd Watterson Limited Duration Enhanced Income Fu... | 1.31% | — | Jul 2016 | PKBIX vs BWDTX | |
| Rational Special Situations Income Fund | 1.37% | — | Jul 2019 | PKBIX vs RFXIX | |
| Oaktree Diversified Income Fund Inc. Class D | 1.47% | — | Nov 2021 | PKBIX vs ODIDX |
Lowest Drawdown Alternatives to PKBIX
PKBIX has a 1-year max drawdown of -1.90%. There are 15 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 | PKBIX vs NWXHX | |
| Nationwide Strategic Income A | -0.43% | — | Nov 2015 | PKBIX vs NWXEX | |
| Rational Special Situations Income Fund | -0.72% | — | Jul 2019 | PKBIX vs RFXIX | |
| CrossingBridge Low Duration High Yield Fund | -0.73% | — | Jan 2018 | PKBIX vs CBLDX | |
| Boyd Watterson Limited Duration Enhanced Income Fu... | -1.00% | — | Jul 2016 | PKBIX vs BWDTX |
Other Mutual Funds from Paydenfunds
The 10 most viewed Paydenfunds mutual funds shown here include PYFRX, PYHRX, PYELX and span 10 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Payden Floating Rate Fund | Bank Loan | 99 | 2.36% | — | Nov 2013 | PKBIX vs PYFRX | |
| Payden High Income Fund | High Yield Bonds | 95 | 2.67% | — | Dec 1997 | PKBIX vs PYHRX | |
| Payden Emerging Markets Local Bond Fund | Emerging Markets Bonds | 34 | 1.46% | — | Nov 2011 | PKBIX vs PYELX | |
| Payden Global Low Duration Fund | Global Bonds | 80 | 1.07% | — | Sep 1996 | PKBIX vs PYGSX | |
| Payden Absolute Return Bond Fund | Nontraditional Bonds | 76 | 1.50% | — | Nov 2014 | PKBIX vs PYARX | |
| Payden Emerging Markets Corporate Bond Fund | Emerging Markets Bonds | 86 | 2.13% | — | Nov 2013 | PKBIX vs PYCEX | |
| Payden Limited Maturity Fund | Ultrashort Bond | 98 | 1.65% | — | Apr 1994 | PKBIX vs PYLMX | |
| Payden Corporate Bond Fund | Corporate Bonds | 8 | -0.80% | — | Mar 2009 | PKBIX vs PYACX | |
| Payden Core Bond Fund | Intermediate Core-Plus Bond | 14 | -0.40% | — | Dec 1993 | PKBIX vs PYCBX | |
| Payden Equity Income Fund | Dividend, Large Cap Value Equities | 89 | 13.28% | — | Nov 1996 | PKBIX vs PYVLX |
Often Compared With PKBIX
Investors most often compare PKBIX with PYGFX, PYCRX, PYSGX. These 20 comparison targets span 8 categories, based on PortfoliosLab usage data.
Compare PKBIX with Any Fund or Stock
Compare PKBIX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair PKBIX with funds that move differently
Payden/Kravitz Cash Balance Plan Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to PKBIX.
Explore PKBIX Diversifiers