PIMCO Moderate Duration Fund (PMDRX) belongs to the Intermediate Core-Plus Bond category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with PMDRX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to PMDRX
PMDRX charges 0.46% annually. There are 33 mutual funds in the Intermediate Core-Plus Bond category with lower expense ratios, going as low as 0.16%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Mercer Core Fixed Income Fund | 0.16% | — | Aug 2005 | PMDRX vs MCFIX | |
| State Street Income Fund | 0.20% | — | Jan 1980 | PMDRX vs SSASX | |
| Elfun Income Fund | 0.29% | — | Dec 1984 | PMDRX vs EINFX | |
| TIAA-CREF Core Bond Fund | 0.29% | — | Jul 1999 | PMDRX vs TIBDX | |
| Baird Core Plus Bond Fund | 0.30% | — | Sep 2000 | PMDRX vs BCOIX |
Best Risk-Adjusted Alternatives to PMDRX
PMDRX has a PortfoliosLab risk / return rank of 23. There are 88 mutual funds in the Intermediate Core-Plus Bond category with higher risk-adjusted ranks, going as high as 98.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Holbrook Income Fund Class I | 98 | — | Jul 2016 | PMDRX vs HOBIX | |
| Leader Capital High Quality Income Fund Institutio... | 95 | — | Jul 2010 | PMDRX vs LCTIX | |
| Leader Capital High Quality Floating Rate Fund Inv... | 94 | — | Jul 2010 | PMDRX vs LCTRX | |
| MassMutual Diversified Bond Fund | 83 | — | May 1999 | PMDRX vs MDVAX | |
| GMO Multi-Sector Fixed Income Fund | 76 | — | Apr 1997 | PMDRX vs GUGAX |
Top Performing PMDRX Alternatives (YTD)
PMDRX is at -0.27% YTD. There are 126 mutual funds in the Intermediate Core-Plus Bond category with higher YTD returns, going as high as 3.04%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| 1290 Diversified Bond Fund | 3.04% | — | Jul 2015 | PMDRX vs TNUIX | |
| Putnam Mortgage Securities Fund | 2.76% | — | Feb 1984 | PMDRX vs PGSIX | |
| MassMutual Diversified Bond Fund | 2.59% | — | May 1999 | PMDRX vs MDVAX | |
| SEI Tax Exempt Trust Tax-Advantaged Income Fund | 2.33% | — | Sep 2007 | PMDRX vs SEATX | |
| Holbrook Income Fund Class I | 2.22% | — | Jul 2016 | PMDRX vs HOBIX |
Lowest Volatility Alternatives to PMDRX
PMDRX has 3.60% 1-year volatility. There are 23 mutual funds in the Intermediate Core-Plus Bond category with lower 1-year volatility, going as low as 1.11%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| AAMA Income Fund | 1.11% | — | Jun 2017 | PMDRX vs AMFIX | |
| Archer Income Fund | 1.80% | — | Mar 2011 | PMDRX vs ARINX | |
| Leader Capital High Quality Floating Rate Fund Inv... | 1.95% | — | Jul 2010 | PMDRX vs LCTRX | |
| Leader Capital High Quality Income Fund Institutio... | 2.01% | — | Jul 2010 | PMDRX vs LCTIX | |
| Holbrook Income Fund Class I | 2.02% | — | Jul 2016 | PMDRX vs HOBIX |
Lowest Drawdown Alternatives to PMDRX
PMDRX has a 1-year max drawdown of -3.12%. There are 91 mutual funds in the Intermediate Core-Plus Bond category with shallower 1-year drawdowns, going as shallow as -0.51%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Holbrook Income Fund Class I | -0.51% | — | Jul 2016 | PMDRX vs HOBIX | |
| AAMA Income Fund | -0.74% | — | Jun 2017 | PMDRX vs AMFIX | |
| GMO Multi-Sector Fixed Income Fund | -1.16% | — | Apr 1997 | PMDRX vs GUGAX | |
| Leader Capital High Quality Floating Rate Fund Inv... | -1.17% | — | Jul 2010 | PMDRX vs LCTRX | |
| Leader Capital High Quality Income Fund Institutio... | -1.17% | — | Jul 2010 | PMDRX vs LCTIX |
Other Mutual Funds from PIMCO
The 10 most viewed PIMCO mutual funds shown here include PIMIX, PTY, PONAX and span 7 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| PIMCO Income Fund Institutional Class | Multisector Bonds | 46 | 1.00% | — | Mar 2007 | PMDRX vs PIMIX | |
| PIMCO Corporate & Income Opportunity Fund | Corporate Bonds | 1 | -4.03% | — | Dec 2002 | PMDRX vs PTY | |
| PIMCO Income Fund Class A | Multisector Bonds | 41 | 0.83% | — | Apr 2007 | PMDRX vs PONAX | |
| PIMCO Total Return Fund Institutional Class | Intermediate Core-Plus Bond | 29 | 0.64% | — | May 1987 | PMDRX vs PTTRX | |
| PIMCO Corporate & Income Strategy Fund | Multisector Bonds | 6 | -3.03% | — | Dec 2001 | PMDRX vs PCN | |
| PIMCO Income Fund Class I-2 | Total Bond Market | 44 | 0.96% | — | — | PMDRX vs PONPX | |
| PIMCO StocksPLUS Long Duration Fund Class I | Diversified Portfolio | 42 | 9.71% | — | Aug 2007 | PMDRX vs PSLDX | |
| PIMCO Income Strategy Fund II | Multisector Bonds | 6 | -3.98% | — | Oct 2004 | PMDRX vs PFN | |
| PIMCO International Bond Fund (U.S. Dollar-Hedged) | Global Bonds | 10 | 0.53% | — | Dec 1992 | PMDRX vs PFORX | |
| PIMCO StocksPLUS International Fund (U.S. Dollar-H... | Foreign Large Cap Equities | 36 | 13.06% | — | Oct 2003 | PMDRX vs PISIX |
Often Compared With PMDRX
Investors most often compare PMDRX with NPCT, AAIIX, BCPIX. These 5 comparison targets span 3 categories, based on PortfoliosLab usage data.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Nuveen Core Plus Impact Fund | Intermediate Core-Plus Bond | 4 | 2.00% | — | Apr 2021 | PMDRX vs NPCT | |
| Ancora Income Fund | Intermediate Core-Plus Bond | 23 | 1.96% | — | Jan 2004 | PMDRX vs AAIIX | |
| Brandes Core Plus Fixed Income Fund | Intermediate Core-Plus Bond | 20 | 0.28% | — | Dec 2007 | PMDRX vs BCPIX | |
| PIMCO Commodity Real Return Strategy Fund | Commodities | 30 | 16.94% | — | Jun 2002 | PMDRX vs PCRIX | |
| PIMCO RAE US Small Fund | Small Cap Value Equities | 72 | 19.00% | — | Jun 2015 | PMDRX vs PMJIX |
Compare PMDRX with Any Fund or Stock
Compare PMDRX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair PMDRX with funds that move differently
PIMCO Moderate Duration Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to PMDRX.
Explore PMDRX Diversifiers