PIMCO Income Fund Class I-2 (PONPX) 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 PONPX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to PONPX
PONPX charges 0.64% annually. There are 20 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 | PONPX vs DBSCX | |
| Vanguard Multi-Sector Income Bond Fund Admiral Sha... | 0.30% | — | Oct 2021 | PONPX vs VMSAX | |
| JPMorgan Income Fund Class I | 0.40% | — | Jun 2014 | PONPX vs JMSIX | |
| Boyd Watterson Limited Duration Enhanced Income Fu... | 0.40% | — | Jul 2016 | PONPX vs BWDTX | |
| Mercer Opportunistic Fixed Income Fund | 0.44% | — | Aug 2013 | PONPX vs MOFIX |
Best Risk-Adjusted Alternatives to PONPX
PONPX has a PortfoliosLab risk / return rank of 32. There are 47 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 | PONPX vs NWXHX | |
| Nationwide Strategic Income A | 99 | — | Nov 2015 | PONPX vs NWXEX | |
| Rational Special Situations Income Fund | 98 | — | Jul 2019 | PONPX vs RFXIX | |
| Boyd Watterson Limited Duration Enhanced Income Fu... | 98 | — | Jul 2016 | PONPX vs BWDTX | |
| Oaktree Diversified Income Fund Inc. Class D | 98 | — | Nov 2021 | PONPX vs ODIDX |
Top Performing PONPX Alternatives (YTD)
PONPX is at -0.10% YTD. There are 67 mutual funds in the Multisector Bonds category with higher YTD returns, going as high as 3.37%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Saba Capital Income & Opportunities Fund | 3.37% | — | Dec 1987 | PONPX vs BRW | |
| BrandywineGLOBAL - Flexible Bond Fund | 2.86% | — | May 2016 | PONPX vs LFLIX | |
| Nationwide Amundi Strategic Income Fund | 2.67% | — | Nov 2015 | PONPX vs NWXHX | |
| abrdn Income Credit Strategies Fund | 2.65% | — | Jan 2011 | PONPX vs ACP | |
| Nationwide Strategic Income A | 2.60% | — | Nov 2015 | PONPX vs NWXEX |
Lowest Volatility Alternatives to PONPX
PONPX has 4.14% 1-year volatility. There are 75 mutual funds in the Multisector Bonds category with lower 1-year volatility, going as low as 1.17%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Nationwide Amundi Strategic Income Fund | 1.17% | — | Nov 2015 | PONPX vs NWXHX | |
| Nationwide Strategic Income A | 1.24% | — | Nov 2015 | PONPX vs NWXEX | |
| Boyd Watterson Limited Duration Enhanced Income Fu... | 1.31% | — | Jul 2016 | PONPX vs BWDTX | |
| Rational Special Situations Income Fund | 1.39% | — | Jul 2019 | PONPX vs RFXIX | |
| Oaktree Diversified Income Fund Inc. Class D | 1.47% | — | Nov 2021 | PONPX vs ODIDX |
Lowest Drawdown Alternatives to PONPX
PONPX has a 1-year max drawdown of -3.69%. There are 72 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 | PONPX vs NWXHX | |
| Nationwide Strategic Income A | -0.43% | — | Nov 2015 | PONPX vs NWXEX | |
| Rational Special Situations Income Fund | -0.72% | — | Jul 2019 | PONPX vs RFXIX | |
| CrossingBridge Low Duration High Yield Fund | -0.73% | — | Jan 2018 | PONPX vs CBLDX | |
| Boyd Watterson Limited Duration Enhanced Income Fu... | -1.00% | — | Jul 2016 | PONPX vs BWDTX |
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 | 33 | -0.05% | — | Mar 2007 | PONPX vs PIMIX | |
| PIMCO Corporate & Income Opportunity Fund | Corporate Bonds | 1 | -2.49% | — | Dec 2002 | PONPX vs PTY | |
| PIMCO Income Fund Class A | Multisector Bonds | 30 | -0.25% | — | Apr 2007 | PONPX vs PONAX | |
| PIMCO Total Return Fund Institutional Class | Intermediate Core-Plus Bond | 20 | -0.80% | — | May 1987 | PONPX vs PTTRX | |
| PIMCO Corporate & Income Strategy Fund | Multisector Bonds | 8 | -2.18% | — | Dec 2001 | PONPX vs PCN | |
| PIMCO StocksPLUS Long Duration Fund Class I | Diversified Portfolio | 25 | 4.49% | — | Aug 2007 | PONPX vs PSLDX | |
| PIMCO Income Strategy Fund II | Multisector Bonds | 13 | 1.44% | — | Oct 2004 | PONPX vs PFN | |
| PIMCO International Bond Fund (U.S. Dollar-Hedged) | Global Bonds | 8 | -0.68% | — | Dec 1992 | PONPX vs PFORX | |
| PIMCO StocksPLUS International Fund (U.S. Dollar-H... | Foreign Large Cap Equities | 44 | 13.06% | — | Oct 2003 | PONPX vs PISIX | |
| PIMCO All Asset Fund | Tactical Allocation | 95 | 9.50% | — | Nov 2002 | PONPX vs PAAIX |
Often Compared With PONPX
Investors most often compare PONPX with PYLD, BOND, JEPI. These 20 comparison targets span 14 categories, based on PortfoliosLab usage data.
Compare PONPX with Any Fund or Stock
Compare PONPX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair PONPX with funds that move differently
PIMCO Income Fund Class I-2 alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to PONPX.
Explore PONPX Diversifiers