PSHNX Alternatives & Similar Mutual Funds

Penn Capital Short Duration High Income Fund (PSHNX) belongs to the High Yield Bonds category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with PSHNX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.

Cheapest Alternatives to PSHNX

PSHNX charges 1.01% annually. There are 142 mutual funds in the High Yield Bonds category with lower expense ratios, going as low as 0.02%.

Symbol	Name	Expense Ratio	AUM	Inception
FHYSX	Federated Hermes High-Yield Strategy Portfolio	0.02%	—	Dec 2008	PSHNX vs FHYSX
VWEAX	Vanguard High-Yield Corporate Fund Admiral Shares	0.12%	25.80B	Nov 2001	PSHNX vs VWEAX
PIAMX	PIA High Yield (MACS) Fund	0.20%	—	Dec 2017	PSHNX vs PIAMX
VWEHX	Vanguard High-Yield Corporate Fund Investor Shares	0.22%	25.80B	Dec 1978	PSHNX vs VWEHX
CRDOX	Six Circles Credit Opportunities Fund	0.29%	—	Nov 2020	PSHNX vs CRDOX

Best Risk-Adjusted Alternatives to PSHNX

PSHNX has a PortfoliosLab risk / return rank of 97. There are 4 mutual funds in the High Yield Bonds category with higher risk-adjusted ranks, going as high as 100.

Symbol	Name	Risk / Return Rank	AUM	Inception
XILSX	Pioneer ILS Interval Fund	100	—	Dec 2014	PSHNX vs XILSX
CCLFX	Cliffwater Corporate Lending Fund	100	—	Mar 2019	PSHNX vs CCLFX
RPHIX	RiverPark Short Term High Yield Fund	100	—	Sep 2010	PSHNX vs RPHIX
CWFIX	Chartwell Short Duration High Yield Fund	97	—	Jul 2014	PSHNX vs CWFIX
SHOYX	American Beacon SiM High Yield Opportunities Fund ...	97	—	Feb 2011	PSHNX vs SHOYX

Top Performing PSHNX Alternatives (YTD)

PSHNX is at 2.22% YTD. There are 55 mutual funds in the High Yield Bonds category with higher YTD returns, going as high as 9.42%.

Symbol	Name	YTD Return	AUM	Inception
XILSX	Pioneer ILS Interval Fund	9.42%	—	Dec 2014	PSHNX vs XILSX
FOCIX	Fairholme Focused Income Fund	8.79%	—	Dec 2009	PSHNX vs FOCIX
FAGIX	Fidelity Capital & Income Fund	7.46%	—	Nov 1977	PSHNX vs FAGIX
FIQTX	Fidelity Advisor High Income Advantage Fund Class ...	6.76%	—	Oct 2018	PSHNX vs FIQTX
FAHCX	Fidelity Advisor High Income Advantage Fund Class ...	6.70%	—	Jul 1995	PSHNX vs FAHCX

Lowest Volatility Alternatives to PSHNX

PSHNX has 1.87% 1-year volatility. There are 7 mutual funds in the High Yield Bonds category with lower 1-year volatility, going as low as 0.85%.

Symbol	Name	Volatility 1Y	AUM	Inception
CCLFX	Cliffwater Corporate Lending Fund	0.85%	—	Mar 2019	PSHNX vs CCLFX
RPHIX	RiverPark Short Term High Yield Fund	0.85%	—	Sep 2010	PSHNX vs RPHIX
CWFIX	Chartwell Short Duration High Yield Fund	1.50%	—	Jul 2014	PSHNX vs CWFIX
SCFIX	Shenkman Capital Short Duration High Income Fund	1.63%	—	Oct 2012	PSHNX vs SCFIX
OSTIX	Osterweis Strategic Income Fund	1.70%	—	Aug 2002	PSHNX vs OSTIX

Lowest Drawdown Alternatives to PSHNX

PSHNX has a 1-year max drawdown of -1.14%. There are 7 mutual funds in the High Yield Bonds category with shallower 1-year drawdowns, going as shallow as -0.10%.

Symbol	Name	Max Drawdown 1Y	AUM	Inception
RPHIX	RiverPark Short Term High Yield Fund	-0.10%	—	Sep 2010	PSHNX vs RPHIX
CCLFX	Cliffwater Corporate Lending Fund	-0.19%	—	Mar 2019	PSHNX vs CCLFX
XILSX	Pioneer ILS Interval Fund	-0.21%	—	Dec 2014	PSHNX vs XILSX
MDHVX	MainStay MacKay Short Duration High Yield Fund	-1.06%	—	Dec 2012	PSHNX vs MDHVX
SCFIX	Shenkman Capital Short Duration High Income Fund	-1.11%	—	Oct 2012	PSHNX vs SCFIX

Other Mutual Funds from Penn Capital Management

The 1 most viewed Penn Capital Management mutual funds shown here include PSCNX and span 1 categories.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
PSCNX	Penn Capital Special Situations Small Cap Equity F...	Small Cap Growth Equities	45	24.10%	—	Dec 2015	PSHNX vs PSCNX

Often Compared With PSHNX

Investors most often compare PSHNX with RSIIX, FGUMX, FQTIX. These 20 comparison targets span 2 categories, based on PortfoliosLab usage data.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
RSIIX	RiverPark Strategic Income Fund	High Yield Bonds	74	2.65%	—	Sep 2013	PSHNX vs RSIIX
FGUMX	Fidelity Advisor High Income Fund Class Z	High Yield Bonds	92	3.48%	—	Dec 2018	PSHNX vs FGUMX
FQTIX	Franklin Templeton SMACS: Series I	High Yield Bonds	94	3.84%	—	Jun 2019	PSHNX vs FQTIX
CPMPX	Changing Parameters Fund	High Yield Bonds	82	1.14%	—	Oct 2006	PSHNX vs CPMPX
HIO	Western Asset High Income Opportunity Fund Inc	High Yield Bonds	5	3.68%	—	Jan 2009	PSHNX vs HIO
FHIFX	Fidelity Focused High Income Fund	High Yield Bonds	86	1.93%	—	Sep 2004	PSHNX vs FHIFX
FAHYX	Fidelity Advisor High Income Advantage Fund Class ...	High Yield Bonds	83	6.62%	—	Jan 1987	PSHNX vs FAHYX
AHITX	American Funds American High-Income Trust	High Yield Bonds	75	2.03%	—	Feb 1988	PSHNX vs AHITX
SHYPX	American Beacon SiM High Yld Opps Fund	High Yield Bonds	97	2.40%	—	Feb 2011	PSHNX vs SHYPX
RCRYX	Pioneer Corporate High Yield Fund	High Yield Bonds	60	2.15%	—	Jan 2017	PSHNX vs RCRYX
FIQSX	Fidelity Advisor Floating Rate High Income Fund Cl...	High Yield Bonds	94	2.17%	—	Oct 2018	PSHNX vs FIQSX
LSYAX	Lord Abbett Short Duration High Yield Fund	High Yield Bonds	74	2.37%	—	May 2020	PSHNX vs LSYAX
ATPYX	Aquila High Income Fund	High Yield Bonds	—	—	—	Jun 2006	PSHNX vs ATPYX
HIX	Western Asset High Income Fund II	High Yield Bonds	8	2.07%	—	May 1998	PSHNX vs HIX
SIHAX	Guggenheim High Yield Fund	High Yield Bonds	44	1.30%	—	Aug 1996	PSHNX vs SIHAX
APDFX	Artisan High Income Fund Advisor Class	High Yield Bonds	56	1.31%	—	Mar 2014	PSHNX vs APDFX
BHYIX	BlackRock High Yield Bond Portfolio Institutional ...	High Yield Bonds	80	2.02%	—	Nov 1998	PSHNX vs BHYIX
PRFRX	T. Rowe Price Floating Rate Fund	High Yield Bonds	91	2.06%	—	Jul 2011	PSHNX vs PRFRX
FFRHX	Fidelity Floating Rate High Income Fund	Bank Loan	93	2.14%	—	Aug 2000	PSHNX vs FFRHX
PRHYX	T. Rowe Price High Yield Fund	High Yield Bonds	77	1.96%	—	Dec 1984	PSHNX vs PRHYX

Compare PSHNX with Any Fund or Stock

Compare PSHNX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.

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Diversifiers

Pair PSHNX with funds that move differently

Penn Capital Short Duration High Income Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to PSHNX.

Explore PSHNX Diversifiers

Penn Capital Short Duration High Income Fund (PSHNX) Alternatives