PIMCO Income Fund Class A (PONAX) 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 PONAX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to PONAX
PONAX charges 0.94% annually. There are 55 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 | PONAX vs DBSCX | |
| Vanguard Multi-Sector Income Bond Fund Admiral Sha... | 0.30% | — | Oct 2021 | PONAX vs VMSAX | |
| JPMorgan Income Fund | 0.40% | — | Jun 2014 | PONAX vs JMSIX | |
| Boyd Watterson Limited Duration Enhanced Income Fu... | 0.40% | — | Jul 2016 | PONAX vs BWDTX | |
| Mercer Opportunistic Fixed Income Fund | 0.44% | — | Aug 2013 | PONAX vs MOFIX |
Best Risk-Adjusted Alternatives to PONAX
PONAX has a PortfoliosLab risk / return rank of 44. There are 51 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 | PONAX vs NWXHX | |
| Nationwide Strategic Income A | 99 | — | Nov 2015 | PONAX vs NWXEX | |
| Boyd Watterson Limited Duration Enhanced Income Fu... | 98 | — | Jul 2016 | PONAX vs BWDTX | |
| Rational Special Situations Income Fund | 98 | — | Jul 2019 | PONAX vs RFXIX | |
| Intrepid Income Fund | 97 | — | Jul 2007 | PONAX vs ICMUX |
Top Performing PONAX Alternatives (YTD)
PONAX is at 0.87% YTD. There are 56 mutual funds in the Multisector Bonds category with higher YTD returns, going as high as 4.57%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| abrdn Income Credit Strategies Fund | 4.57% | — | Jan 2011 | PONAX vs ACP | |
| Western Asset Diversified Income Fund | 4.16% | — | Jun 2021 | PONAX vs WDI | |
| Saba Capital Income & Opportunities Fund | 3.52% | — | Dec 1987 | PONAX vs BRW | |
| BrandywineGLOBAL - Flexible Bond Fund | 3.40% | — | May 2016 | PONAX vs LFLIX | |
| Intrepid Income Fund | 2.85% | — | Jul 2007 | PONAX vs ICMUX |
Lowest Volatility Alternatives to PONAX
PONAX has 4.07% 1-year volatility. There are 69 mutual funds in the Multisector Bonds category with lower 1-year volatility, going as low as 1.18%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Nationwide Amundi Strategic Income Fund | 1.18% | — | Nov 2015 | PONAX vs NWXHX | |
| Nationwide Strategic Income A | 1.22% | — | Nov 2015 | PONAX vs NWXEX | |
| Boyd Watterson Limited Duration Enhanced Income Fu... | 1.30% | — | Jul 2016 | PONAX vs BWDTX | |
| Rational Special Situations Income Fund | 1.40% | — | Jul 2019 | PONAX vs RFXIX | |
| CrossingBridge Low Duration High Yield Fund | 1.41% | — | Jan 2018 | PONAX vs CBLDX |
Lowest Drawdown Alternatives to PONAX
PONAX has a 1-year max drawdown of -3.69%. There are 70 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 | PONAX vs NWXHX | |
| Nationwide Strategic Income A | -0.43% | — | Nov 2015 | PONAX vs NWXEX | |
| Rational Special Situations Income Fund | -0.72% | — | Jul 2019 | PONAX vs RFXIX | |
| CrossingBridge Low Duration High Yield Fund | -0.73% | — | Jan 2018 | PONAX vs CBLDX | |
| Boyd Watterson Limited Duration Enhanced Income Fu... | -1.00% | — | Jul 2016 | PONAX vs BWDTX |
Other Mutual Funds from PIMCO
The 10 most viewed PIMCO mutual funds shown here include PIMIX, PTY, PTTRX and span 7 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| PIMCO Income Fund Institutional Class | Multisector Bonds | 50 | 1.07% | — | Mar 2007 | PONAX vs PIMIX | |
| PIMCO Corporate & Income Opportunity Fund | Corporate Bonds | 2 | -1.00% | — | Dec 2002 | PONAX vs PTY | |
| PIMCO Total Return Fund Institutional Class | Intermediate Core-Plus Bond | 28 | 0.35% | — | May 1987 | PONAX vs PTTRX | |
| PIMCO Corporate & Income Strategy Fund | Multisector Bonds | 7 | -2.18% | — | Dec 2001 | PONAX vs PCN | |
| PIMCO Income Fund Class I-2 | Multisector Bonds | 48 | 1.02% | — | Apr 2008 | PONAX vs PONPX | |
| PIMCO StocksPLUS Long Duration Fund Class I | Diversified Portfolio | 34 | 8.53% | — | Aug 2007 | PONAX vs PSLDX | |
| PIMCO Income Strategy Fund II | Multisector Bonds | 12 | 1.01% | — | Oct 2004 | PONAX vs PFN | |
| PIMCO International Bond Fund (U.S. Dollar-Hedged) | Global Bonds | 12 | 0.24% | — | Dec 1992 | PONAX vs PFORX | |
| PIMCO StocksPLUS International Fund (U.S. Dollar-H... | Foreign Large Cap Equities | 41 | 12.84% | — | Oct 2003 | PONAX vs PISIX | |
| PIMCO Commodity Real Return Strategy Fund | Commodities | 45 | 17.46% | — | Jun 2002 | PONAX vs PCRIX |
Often Compared With PONAX
Investors most often compare PONAX with BND, BINC, VBTLX. These 20 comparison targets span 10 categories, based on PortfoliosLab usage data.
Compare PONAX with Any Fund or Stock
Compare PONAX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair PONAX with funds that move differently
PIMCO Income Fund Class A alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to PONAX.
Explore PONAX Diversifiers