Putnam Mortgage Opportunities Fund (PMOTX) Alternatives
Putnam Mortgage Opportunities Fund (PMOTX) belongs to the Nontraditional Bonds category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with PMOTX. Use the tables to find lower-cost options, better risk-adjusted returns, or funds that fit a different role in your portfolio.
Cheapest Alternatives to PMOTX
PMOTX charges 0.47% annually. Among mutual funds in the Nontraditional Bonds category, these options have the lowest expense ratios among PMOTX alternatives.
| Symbol | Name | Expense Ratio | Inception | |
|---|---|---|---|---|
| GMO Opportunistic Income Fund | 0.47% | Oct 2, 2011 | PMOTX vs GMODX | |
| Carillon Reams Unconstrained Bond Fund | 0.50% | Sep 28, 2011 | PMOTX vs SUBFX | |
| FPA Flexible Fixed Income Fund | 0.51% | Dec 30, 2018 | PMOTX vs FPFIX | |
| PIMCO Strategic Bond Fund | 0.51% | Jan 29, 2009 | PMOTX vs PUTIX | |
| T. Rowe Price Dynamic Credit Fund | 0.56% | Jan 9, 2019 | PMOTX vs RPELX |
Best Risk-Adjusted Alternatives to PMOTX
Among mutual funds in the Nontraditional Bonds category, these options rank highest on PortfoliosLab's risk-adjusted score, which accounts for volatility, drawdown, and return consistency over a 1-year period.
| Symbol | Name | Risk / Return Rank | Inception | |
|---|---|---|---|---|
| Victory Pioneer Cat Bond Fund Class Y | 100 | Jan 27, 2023 | PMOTX vs CBYYX | |
| Eaton Vance Global Macro Absolute Return Fund | 99 | Jun 26, 2007 | PMOTX vs EIGMX | |
| PGIM Securitized Credit Fund | 99 | Jun 30, 2019 | PMOTX vs SCFZX | |
| Artisan Global Unconstrained Fund | 99 | Mar 30, 2022 | PMOTX vs APFPX | |
| Eaton Vance Global Macro Absolute Return Advantage... | 99 | Aug 30, 2010 | PMOTX vs EGRIX |
Top Performing PMOTX Alternatives (YTD)
PMOTX alternatives from the Nontraditional Bonds category, sorted by year-to-date return.
| Symbol | Name | YTD Return | Inception | |
|---|---|---|---|---|
| Artisan Global Unconstrained Fund | 4.02% | Mar 30, 2022 | PMOTX vs APFPX | |
| Eaton Vance Global Macro Absolute Return Advantage... | 3.59% | Aug 30, 2010 | PMOTX vs EGRIX | |
| Eaton Vance Global Macro Absolute Return Fund | 2.43% | Jun 26, 2007 | PMOTX vs EIGMX | |
| Victory Pioneer Cat Bond Fund Class Y | 1.27% | Jan 27, 2023 | PMOTX vs CBYYX | |
| GMO Opportunistic Income Fund | 1.11% | Oct 2, 2011 | PMOTX vs GMODX |
Lowest Volatility Alternatives to PMOTX
PMOTX alternatives from the Nontraditional Bonds category, sorted by annualized volatility over the past year.
| Symbol | Name | Volatility 1Y | Inception | |
|---|---|---|---|---|
| Victory Pioneer Cat Bond Fund Class Y | 1.27% | Jan 27, 2023 | PMOTX vs CBYYX | |
| DoubleLine Flexible Income Fund | 1.40% | Apr 6, 2014 | PMOTX vs DFLEX | |
| Dunham Long/Short Credit Fund | 1.45% | Dec 9, 2004 | PMOTX vs DCAIX | |
| Anfield Universal Fixed Income Fund | 1.58% | Jun 27, 2013 | PMOTX vs AFLIX | |
| GMO Opportunistic Income Fund | 1.64% | Oct 2, 2011 | PMOTX vs GMODX |
Lowest Drawdown Alternatives to PMOTX
PMOTX alternatives from the Nontraditional Bonds category, sorted by maximum drawdown over the past year.
| Symbol | Name | Max Drawdown 1Y | Inception | |
|---|---|---|---|---|
| Victory Pioneer Cat Bond Fund Class Y | -0.18% | Jan 27, 2023 | PMOTX vs CBYYX | |
| Dunham Long/Short Credit Fund | -0.84% | Dec 9, 2004 | PMOTX vs DCAIX | |
| PGIM Absolute Return Bond Fund | -0.87% | Mar 29, 2011 | PMOTX vs PADZX | |
| Toews Unconstrained Income Fund | -0.87% | Aug 27, 2013 | PMOTX vs TUIFX | |
| PGIM Securitized Credit Fund | -0.93% | Jun 30, 2019 | PMOTX vs SCFZX |
Other Mutual Funds from Putnam
Most popular Putnam mutual funds on PortfoliosLab, across asset classes.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | Inception | |
|---|---|---|---|---|---|---|
| Putnam Large Cap Value Fund | Large Cap Value Equities | 62 | -1.32% | Jun 15, 1977 | PMOTX vs PEYAX | |
| Putnam Growth Opportunities Fund | Large Cap Growth Equities | 21 | -12.94% | Oct 2, 1995 | PMOTX vs POGAX | |
| Putnam Large Cap Value Fund | Large Cap Value Equities | 63 | -1.25% | Jan 10, 1998 | PMOTX vs PEIYX | |
| Putnam Global Technology Fund | Technology Equities | 66 | -8.01% | Dec 17, 2008 | PMOTX vs PGTYX | |
| Putnam Large Cap Value Fund Class R6 | Large Cap Value Equities | 63 | -1.25% | Jul 2, 2012 | PMOTX vs PEQSX | |
| Putnam Sustainable Leaders Fund | Large Cap Growth Equities | 15 | -11.73% | Aug 31, 1990 | PMOTX vs PNOPX | |
| Putnam Multi-Cap Core Fund | Large Cap Blend Equities | 39 | -7.83% | Sep 24, 2010 | PMOTX vs PMYYX | |
| Putnam Ultra Short Duration Income Fund | Ultrashort Bond | 99 | 0.38% | Oct 17, 2011 | PMOTX vs PSDYX | |
| Putnam Large Cap Growth Y | Large Cap Growth Equities | 21 | -12.89% | Aug 27, 1999 | PMOTX vs PGOYX | |
| Putnam Research Fund | Large Cap Blend Equities | 59 | -6.12% | Oct 2, 1995 | PMOTX vs PNRAX |
Often Compared With PMOTX
What investors most often compare with PMOTX, based on PortfoliosLab usage data.
Compare PMOTX with Any Fund or Stock
Compare PMOTX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.