Pacific Funds High Income (PLHIX) 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 PLHIX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to PLHIX
PLHIX charges 0.65% annually. There are 41 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 | PLHIX vs FHYSX | |
| Vanguard High-Yield Corporate Fund Admiral Shares | 0.13% | 25.70B | Nov 2001 | PLHIX vs VWEAX | |
| PIA High Yield (MACS) Fund | 0.20% | — | Dec 2017 | PLHIX vs PIAMX | |
| Vanguard High-Yield Corporate Fund Investor Shares | 0.23% | 25.70B | Dec 1978 | PLHIX vs VWEHX | |
| Six Circles Credit Opportunities Fund | 0.29% | — | Nov 2020 | PLHIX vs CRDOX |
Best Risk-Adjusted Alternatives to PLHIX
PLHIX has a PortfoliosLab risk / return rank of 75. There are 92 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 | PLHIX vs XILSX | |
| Cliffwater Corporate Lending Fund | 100 | — | Mar 2019 | PLHIX vs CCLFX | |
| RiverPark Short Term High Yield Fund | 100 | — | Sep 2010 | PLHIX vs RPHIX | |
| Fidelity Series High Income Fund | 97 | — | Mar 2011 | PLHIX vs FSHNX | |
| Chartwell Short Duration High Yield Fund | 97 | — | Jul 2014 | PLHIX vs CWFIX |
Top Performing PLHIX Alternatives (YTD)
PLHIX is at 1.63% YTD. There are 101 mutual funds in the High Yield Bonds category with higher YTD returns, going as high as 8.43%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Fidelity Capital & Income Fund | 8.43% | — | Nov 1977 | PLHIX vs FAGIX | |
| Pioneer ILS Interval Fund | 7.97% | — | Dec 2014 | PLHIX vs XILSX | |
| Fidelity Advisor High Income Advantage Fund Class ... | 7.64% | — | Oct 2018 | PLHIX vs FIQTX | |
| Fidelity Advisor High Income Advantage Fund Class ... | 7.59% | — | Jul 1995 | PLHIX vs FAHCX | |
| Fidelity Advisor High Income Advantage Fund Class ... | 7.52% | — | Jan 1987 | PLHIX vs FAHYX |
Lowest Volatility Alternatives to PLHIX
PLHIX has 2.63% 1-year volatility. There are 32 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 | |
|---|---|---|---|---|---|
| Cliffwater Corporate Lending Fund | 0.88% | — | Mar 2019 | PLHIX vs CCLFX | |
| RiverPark Short Term High Yield Fund | 0.88% | — | Sep 2010 | PLHIX vs RPHIX | |
| Chartwell Short Duration High Yield Fund | 1.49% | — | Jul 2014 | PLHIX vs CWFIX | |
| Shenkman Capital Short Duration High Income Fund | 1.63% | — | Oct 2012 | PLHIX vs SCFIX | |
| Osterweis Strategic Income Fund | 1.69% | — | Aug 2002 | PLHIX vs OSTIX |
Lowest Drawdown Alternatives to PLHIX
PLHIX has a 1-year max drawdown of -2.22%. There are 61 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 | |
|---|---|---|---|---|---|
| RiverPark Short Term High Yield Fund | -0.10% | — | Sep 2010 | PLHIX vs RPHIX | |
| Cliffwater Corporate Lending Fund | -0.19% | — | Mar 2019 | PLHIX vs CCLFX | |
| Pioneer ILS Interval Fund | -0.21% | — | Dec 2014 | PLHIX vs XILSX | |
| MainStay MacKay Short Duration High Yield Fund | -1.06% | — | Dec 2012 | PLHIX vs MDHVX | |
| Shenkman Capital Short Duration High Income Fund | -1.11% | — | Oct 2012 | PLHIX vs SCFIX |
Other Mutual Funds from Pacific Funds Series Trust
The 10 most viewed Pacific Funds Series Trust mutual funds shown here include PLFRX, PLSDX, PODAX and span 6 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Pacific Funds Floating Rate Income | Bank Loan | 82 | 1.32% | — | Jun 2011 | PLHIX vs PLFRX | |
| Pacific Funds Short Duration Income | Short-Term Bond | 93 | 0.79% | — | Dec 2011 | PLHIX vs PLSDX | |
| Pacific Funds Portfolio Optimization Growth | Diversified Portfolio | 62 | 10.11% | — | Dec 2003 | PLHIX vs PODAX | |
| Pacific Funds Portfolio Optimization Aggressive-Gr... | Diversified Portfolio | 62 | 11.67% | — | Dec 2003 | PLHIX vs POEAX | |
| Pacific Funds Core Income | Intermediate Core-Plus Bond | 34 | 0.50% | — | Dec 2010 | PLHIX vs PLIIX | |
| Pacific Funds Portfolio Optimization Moderate-Cons... | Diversified Portfolio | 62 | 5.55% | — | Dec 2003 | PLHIX vs POBAX | |
| Pacific Funds Portfolio Optimization Moderate | Diversified Portfolio | 62 | 7.88% | — | Dec 2003 | PLHIX vs POCAX | |
| Pacific Funds Portfolio Optimization Conservative | Diversified Portfolio | 61 | 3.57% | — | Dec 2003 | PLHIX vs POAAX | |
| Pacific Funds Strategic Income | Multisector Bonds | 71 | 1.18% | — | Dec 2011 | PLHIX vs PLSRX | |
| Pacific Funds Ultra Short Income | Ultrashort Bond | 99 | 1.46% | — | Jun 2019 | PLHIX vs PLUIX |
Often Compared With PLHIX
Investors most often compare PLHIX with PRCPX, THHYX, FOCIX. These 12 comparison targets span 1 categories, based on PortfoliosLab usage data.
Compare PLHIX with Any Fund or Stock
Compare PLHIX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair PLHIX with funds that move differently
Pacific Funds High Income alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to PLHIX.
Explore PLHIX Diversifiers