PIA MBS Bond Fund (PMTGX) belongs to the Government Bonds category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with PMTGX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to PMTGX
PMTGX charges 0.23% annually. There are 27 mutual funds in the Government Bonds category with lower expense ratios, going as low as 0.01%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| GMO U.S. Treasury Fund | 0.01% | — | Mar 2009 | PMTGX vs GUSTX | |
| Fidelity Intermediate Treasury Bond Index Fund | 0.03% | — | Dec 2005 | PMTGX vs FUAMX | |
| Fidelity Short-Term Treasury Bond Index Fund | 0.03% | — | Dec 2005 | PMTGX vs FUMBX | |
| Fidelity SAI Long-Term Treasury Bond Index Fund | 0.03% | — | Oct 2015 | PMTGX vs FBLTX | |
| Fidelity SAI U.S. Treasury Bond Index Fund | 0.03% | — | Mar 2016 | PMTGX vs FUTBX |
Best Risk-Adjusted Alternatives to PMTGX
PMTGX has a PortfoliosLab risk / return rank of 20. There are 53 mutual funds in the Government Bonds category with higher risk-adjusted ranks, going as high as 99.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Federated Hermes Adjustable Rate Fund | 99 | — | Dec 1985 | PMTGX vs FEUGX | |
| DFA Short-Term Government Portfolio | 99 | 1.81B | May 1987 | PMTGX vs DFFGX | |
| GMO U.S. Treasury Fund | 99 | — | Mar 2009 | PMTGX vs GUSTX | |
| Vanguard Short-Term Treasury Index Fund Institutio... | 91 | — | Aug 2010 | PMTGX vs VSBIX | |
| Integrity Short Term Government Fund | 91 | — | Jun 2011 | PMTGX vs MDSIX |
Top Performing PMTGX Alternatives (YTD)
PMTGX is at 0.00% YTD. There are 52 mutual funds in the Government Bonds category with higher YTD returns, going as high as 2.20%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Integrity Short Term Government Fund | 2.20% | — | Jun 2011 | PMTGX vs MDSIX | |
| Federated Hermes Adjustable Rate Fund | 2.16% | — | Dec 1985 | PMTGX vs FEUGX | |
| Vanguard Emerging Markets Government Bond Index Fu... | 1.72% | 6.60B | Feb 2015 | PMTGX vs VGIVX | |
| Vanguard Emerging Markets Government Bond Index Fu... | 1.64% | 6.60B | May 2013 | PMTGX vs VGAVX | |
| GMO U.S. Treasury Fund | 1.59% | — | Mar 2009 | PMTGX vs GUSTX |
Lowest Volatility Alternatives to PMTGX
PMTGX has 4.35% 1-year volatility. There are 79 mutual funds in the Government Bonds category with lower 1-year volatility, going as low as 0.78%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| DFA Short-Term Government Portfolio | 0.78% | 1.81B | May 1987 | PMTGX vs DFFGX | |
| GMO U.S. Treasury Fund | 1.27% | — | Mar 2009 | PMTGX vs GUSTX | |
| Vanguard Short-Term Treasury Index Fund Institutio... | 1.30% | — | Aug 2010 | PMTGX vs VSBIX | |
| Vanguard Short-Term Treasury Index Fund Admiral Sh... | 1.30% | 33.90B | Dec 2009 | PMTGX vs VSBSX | |
| Federated Hermes Adjustable Rate Fund | 1.36% | — | Dec 1985 | PMTGX vs FEUGX |
Lowest Drawdown Alternatives to PMTGX
PMTGX has a 1-year max drawdown of -3.68%. There are 79 mutual funds in the Government Bonds category with shallower 1-year drawdowns, going as shallow as -0.20%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| GMO U.S. Treasury Fund | -0.20% | — | Mar 2009 | PMTGX vs GUSTX | |
| DFA Short-Term Government Portfolio | -0.30% | 1.81B | May 1987 | PMTGX vs DFFGX | |
| Federated Hermes Adjustable Rate Fund | -0.32% | — | Dec 1985 | PMTGX vs FEUGX | |
| Davis Government Bond Fund | -0.77% | — | Nov 1994 | PMTGX vs RFBAX | |
| Vanguard Short-Term Treasury Index Fund Institutio... | -0.81% | — | Aug 2010 | PMTGX vs VSBIX |
Other Mutual Funds from PIA Mutual Funds
The 4 most viewed PIA Mutual Funds mutual funds shown here include PIAMX, PHYSX, PIASX and span 3 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| PIA High Yield (MACS) Fund | High Yield Bonds | 18 | 1.85% | — | Dec 2017 | PMTGX vs PIAMX | |
| PIA High Yield Fund | High Yield Bonds | 13 | 1.62% | — | Dec 2010 | PMTGX vs PHYSX | |
| PIA Short Term Securities Fund | Ultrashort Bond | 98 | 1.07% | — | Apr 1994 | PMTGX vs PIASX | |
| PIA BBB Bond Fund | Corporate Bonds | 22 | 0.12% | — | Sep 2003 | PMTGX vs PBBBX |
Often Compared With PMTGX
Investors most often compare PMTGX with ETV, LTUSX, PRGMX. These 11 comparison targets span 1 categories, based on PortfoliosLab usage data.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Eaton Vance Tax-Managed Buy-Write Opportunities Fu... | 84 | 10.66% | — | — | PMTGX vs ETV | ||
| Thornburg Limited Term U.S. Government Fund | Government Bonds | 29 | 0.52% | — | Nov 1987 | PMTGX vs LTUSX | |
| T. Rowe Price GNMA Fund | Government Bonds | 39 | 0.63% | — | Nov 1985 | PMTGX vs PRGMX | |
| American Century Ginnie Mae Fund | Government Bonds | 25 | 0.61% | 343.63M | Sep 1985 | PMTGX vs BGNMX | |
| DWS GNMA Fund | Government Bonds | 23 | 0.03% | — | Jul 2000 | PMTGX vs SGINX | |
| Fidelity Long-Term Treasury Bond Index Fund | Government Bonds | 6 | -0.96% | — | Dec 2005 | PMTGX vs FNBGX | |
| PIMCO Extended Duration Fund | Government Bonds | 4 | -1.82% | — | Aug 2006 | PMTGX vs PEDIX | |
| PIMCO GNMA and Government Securities Fund | Government Bonds | 29 | 0.94% | — | Jul 1997 | PMTGX vs PDMIX | |
| Vanguard GNMA Fund Admiral Shares | Government Bonds | 34 | 0.93% | 11.00B | Feb 2001 | PMTGX vs VFIJX | |
| Fidelity GNMA Fund | Government Bonds | 38 | 1.00% | — | Nov 1985 | PMTGX vs FGMNX | |
| Vanguard Extended Duration Treasury Index Fund | Government Bonds | 3 | -2.35% | — | Nov 2007 | PMTGX vs VEDTX |
Compare PMTGX with Any Fund or Stock
Compare PMTGX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair PMTGX with funds that move differently
PIA MBS Bond Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to PMTGX.
Explore PMTGX Diversifiers