PIMCO Global Advantage Strategy Bond Fund (PSAIX) belongs to the Global Bonds category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with PSAIX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to PSAIX
PSAIX charges 0.65% annually. There are 29 mutual funds in the Global Bonds category with lower expense ratios, going as low as 0.06%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Fidelity International Bond Index Fund | 0.06% | — | Oct 2019 | PSAIX vs FBIIX | |
| Vanguard Total International Bond II Index Fund | 0.07% | — | Feb 2021 | PSAIX vs VTILX | |
| Vanguard Total International Bond Index Fund Admir... | 0.10% | 122.00B | May 2013 | PSAIX vs VTABX | |
| Vanguard Total International Bond II Index Fund In... | 0.11% | — | Feb 2021 | PSAIX vs VTIIX | |
| Vanguard Total International Bond Index Fund | 0.13% | — | May 2013 | PSAIX vs VTIBX |
Best Risk-Adjusted Alternatives to PSAIX
PSAIX has a PortfoliosLab risk / return rank of 23. There are 24 mutual funds in the Global Bonds category with higher risk-adjusted ranks, going as high as 98.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Destinations Global Fixed Income Opportunities Fun... | 98 | — | Mar 2017 | PSAIX vs DGFFX | |
| T. Rowe Price Global Multi-Sector Bond Fund | 91 | — | Dec 2008 | PSAIX vs PRSNX | |
| Eaton Vance Global Bond Fund | 90 | — | Jun 2007 | PSAIX vs EAIIX | |
| DFA Selectively Hedged Global Fixed Income Portfol... | 81 | — | Jan 2008 | PSAIX vs DFSHX | |
| Payden Global Low Duration Fund | 77 | — | Sep 1996 | PSAIX vs PYGSX |
Top Performing PSAIX Alternatives (YTD)
PSAIX is at 0.71% YTD. There are 41 mutual funds in the Global Bonds category with higher YTD returns, going as high as 3.45%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Eaton Vance Global Bond Fund | 3.45% | — | Jun 2007 | PSAIX vs EAIIX | |
| Dunham International Opportunity Bond Fund | 3.27% | — | Oct 2013 | PSAIX vs DAIOX | |
| Destinations Global Fixed Income Opportunities Fun... | 2.77% | — | Mar 2017 | PSAIX vs DGFFX | |
| T. Rowe Price Global Multi-Sector Bond Fund | 1.92% | — | Dec 2008 | PSAIX vs PRSNX | |
| DFA Two Year Global Fixed Income Portfolio | 1.80% | — | Feb 1996 | PSAIX vs DFGFX |
Lowest Volatility Alternatives to PSAIX
PSAIX has 4.32% 1-year volatility. There are 46 mutual funds in the Global Bonds category with lower 1-year volatility, going as low as 1.55%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Payden Global Low Duration Fund | 1.55% | — | Sep 1996 | PSAIX vs PYGSX | |
| DFA Selectively Hedged Global Fixed Income Portfol... | 1.59% | — | Jan 2008 | PSAIX vs DFSHX | |
| DFA Two Year Global Fixed Income Portfolio | 1.59% | — | Feb 1996 | PSAIX vs DFGFX | |
| DFA Five Year Global Fixed Income Portfolio | 1.89% | — | Nov 1990 | PSAIX vs DFGBX | |
| SA Global Fixed Income Fund | 1.98% | — | Jul 1999 | PSAIX vs SAXIX |
Lowest Drawdown Alternatives to PSAIX
PSAIX has a 1-year max drawdown of -4.61%. There are 56 mutual funds in the Global Bonds category with shallower 1-year drawdowns, going as shallow as -1.19%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Destinations Global Fixed Income Opportunities Fun... | -1.19% | — | Mar 2017 | PSAIX vs DGFFX | |
| Payden Global Low Duration Fund | -1.23% | — | Sep 1996 | PSAIX vs PYGSX | |
| DFA Selectively Hedged Global Fixed Income Portfol... | -1.28% | — | Jan 2008 | PSAIX vs DFSHX | |
| DFA Five Year Global Fixed Income Portfolio | -1.38% | — | Nov 1990 | PSAIX vs DFGBX | |
| DFA Two Year Global Fixed Income Portfolio | -1.41% | — | Feb 1996 | PSAIX vs DFGFX |
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 | PSAIX vs PIMIX | |
| PIMCO Corporate & Income Opportunity Fund | Corporate Bonds | 1 | -4.03% | — | Dec 2002 | PSAIX vs PTY | |
| PIMCO Income Fund Class A | Multisector Bonds | 41 | 0.83% | — | Apr 2007 | PSAIX vs PONAX | |
| PIMCO Total Return Fund Institutional Class | Intermediate Core-Plus Bond | 29 | 0.64% | — | May 1987 | PSAIX vs PTTRX | |
| PIMCO Corporate & Income Strategy Fund | Multisector Bonds | 6 | -3.03% | — | Dec 2001 | PSAIX vs PCN | |
| PIMCO Income Fund Class I-2 | Total Bond Market | 44 | 0.96% | — | — | PSAIX vs PONPX | |
| PIMCO StocksPLUS Long Duration Fund Class I | Diversified Portfolio | 42 | 9.71% | — | Aug 2007 | PSAIX vs PSLDX | |
| PIMCO Income Strategy Fund II | Multisector Bonds | 6 | -3.98% | — | Oct 2004 | PSAIX vs PFN | |
| PIMCO International Bond Fund (U.S. Dollar-Hedged) | Global Bonds | 10 | 0.53% | — | Dec 1992 | PSAIX vs PFORX | |
| PIMCO StocksPLUS International Fund (U.S. Dollar-H... | Foreign Large Cap Equities | 36 | 13.06% | — | Oct 2003 | PSAIX vs PISIX |
Often Compared With PSAIX
Investors most often compare PSAIX with ZMMK.TO, UDBPX, DOXLX. These 9 comparison targets span 4 categories, based on PortfoliosLab usage data.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| BMO Money Market Fund ETF Series | Money Market | 99 | 1.09% | 5.68B | Nov 2021 | PSAIX vs ZMMK.TO | |
| UBS Sustainable Development Bank Bond Fund | Global Bonds | 18 | 0.16% | — | Oct 2018 | PSAIX vs UDBPX | |
| Dodge & Cox Global Bond Fund | Global Bonds | 28 | 1.25% | — | May 2014 | PSAIX vs DOXLX | |
| PIMCO RAE US Small Fund | Small Cap Value Equities | 72 | 19.00% | — | Jun 2015 | PSAIX vs PMJIX | |
| T. Rowe Price International Bond Fund (USD Hedged) | Global Bonds | 44 | 1.21% | — | Sep 2017 | PSAIX vs TNBMX | |
| Templeton Global Bond Fund | Global Bonds | 9 | 1.28% | — | Sep 1986 | PSAIX vs TPINX | |
| PIMCO Commodity Real Return Strategy Fund | Commodities | 30 | 16.94% | — | Jun 2002 | PSAIX vs PCRIX | |
| Templeton Global Bond Fund - Class R | Global Bonds | 9 | 1.20% | — | Feb 2009 | PSAIX vs FGBRX | |
| BrandywineGLOBAL - Global Opportunities Bond Fund | Global Bonds | 8 | 1.75% | — | Oct 2006 | PSAIX vs GOBSX |
Compare PSAIX with Any Fund or Stock
Compare PSAIX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair PSAIX with funds that move differently
PIMCO Global Advantage Strategy Bond Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to PSAIX.
Explore PSAIX Diversifiers