PIMCO Low Duration Credit Fund (PSRIX) belongs to the Bank Loan category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with PSRIX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to PSRIX
PSRIX charges 0.70% annually. There are 13 mutual funds in the Bank Loan category with lower expense ratios, going as low as 0.41%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Federated Hermes Project and Trade Finance Tender ... | 0.41% | — | Jan 2017 | PSRIX vs XPTFX | |
| Eaton Vance Floating-Rate Advantage Fund | 0.47% | — | Mar 2008 | PSRIX vs EIFAX | |
| Shenkman Capital Floating Rate High Income Fund | 0.54% | — | Oct 2014 | PSRIX vs SFHIX | |
| T. Rowe Price Institutional Floating Rate Fund | 0.57% | — | Jan 2008 | PSRIX vs RPIFX | |
| Lord Abbett Floating Rate Fund | 0.60% | — | Dec 2007 | PSRIX vs LFRIX |
Best Risk-Adjusted Alternatives to PSRIX
PSRIX has a PortfoliosLab risk / return rank of 83. There are 20 mutual funds in the Bank Loan category with higher risk-adjusted ranks, going as high as 100.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| RiverPark Floating Rate CMBS Fund | 100 | — | Sep 2016 | PSRIX vs RCRIX | |
| Calamos Aksia Alternative Credit and Income Fund C... | 98 | — | Jun 2023 | PSRIX vs CAPIX | |
| Payden Floating Rate Fund | 98 | — | Nov 2013 | PSRIX vs PYFRX | |
| Virtus Seix Floating Rate High Income Fund | 97 | — | Feb 2006 | PSRIX vs SAMBX | |
| PGIM Floating Rate Income Fund | 96 | — | Mar 2011 | PSRIX vs FRFZX |
Top Performing PSRIX Alternatives (YTD)
PSRIX is at 0.87% YTD. There are 35 mutual funds in the Bank Loan category with higher YTD returns, going as high as 3.48%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Victory Floating Rate Fund | 3.48% | — | Dec 2009 | PSRIX vs RSFYX | |
| Federated Hermes Project and Trade Finance Tender ... | 3.23% | — | Jan 2017 | PSRIX vs XPTFX | |
| Virtus Seix Floating Rate High Income Fund | 2.55% | — | Feb 2006 | PSRIX vs SAMBX | |
| Calamos Aksia Alternative Credit and Income Fund C... | 2.38% | — | Jun 2023 | PSRIX vs CAPIX | |
| PGIM Floating Rate Income Fund | 2.29% | — | Mar 2011 | PSRIX vs FRFZX |
Lowest Volatility Alternatives to PSRIX
PSRIX has 2.71% 1-year volatility. There are 43 mutual funds in the Bank Loan category with lower 1-year volatility, going as low as 0.77%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| RiverPark Floating Rate CMBS Fund | 0.77% | — | Sep 2016 | PSRIX vs RCRIX | |
| Payden Floating Rate Fund | 1.24% | — | Nov 2013 | PSRIX vs PYFRX | |
| BNY Mellon Floating Rate Income Fund | 1.36% | — | Sep 2013 | PSRIX vs DFLYX | |
| Shenkman Capital Floating Rate High Income Fund | 1.67% | — | Oct 2014 | PSRIX vs SFHIX | |
| Donoghue Forlines Risk Managed Income Fund | 1.68% | — | Dec 2017 | PSRIX vs FLOTX |
Lowest Drawdown Alternatives to PSRIX
PSRIX has a 1-year max drawdown of -1.70%. There are 30 mutual funds in the Bank Loan category with shallower 1-year drawdowns, going as shallow as -0.19%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| RiverPark Floating Rate CMBS Fund | -0.19% | — | Sep 2016 | PSRIX vs RCRIX | |
| Virtus Seix Floating Rate High Income Fund | -0.78% | — | Feb 2006 | PSRIX vs SAMBX | |
| PGIM Floating Rate Income Fund | -0.85% | — | Mar 2011 | PSRIX vs FRFZX | |
| Calvert Floating-Rate Advantage Fund | -0.88% | — | Oct 2017 | PSRIX vs CFOIX | |
| Virtus Newfleet Senior Floating Rate Fund | -0.88% | — | Jan 2008 | PSRIX vs PSFIX |
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 | PSRIX vs PIMIX | |
| PIMCO Corporate & Income Opportunity Fund | Corporate Bonds | 1 | -4.03% | — | Dec 2002 | PSRIX vs PTY | |
| PIMCO Income Fund Class A | Multisector Bonds | 41 | 0.83% | — | Apr 2007 | PSRIX vs PONAX | |
| PIMCO Total Return Fund Institutional Class | Intermediate Core-Plus Bond | 29 | 0.64% | — | May 1987 | PSRIX vs PTTRX | |
| PIMCO Corporate & Income Strategy Fund | Multisector Bonds | 6 | -3.03% | — | Dec 2001 | PSRIX vs PCN | |
| PIMCO Income Fund Class I-2 | Total Bond Market | 44 | 0.96% | — | — | PSRIX vs PONPX | |
| PIMCO StocksPLUS Long Duration Fund Class I | Diversified Portfolio | 42 | 9.71% | — | Aug 2007 | PSRIX vs PSLDX | |
| PIMCO Income Strategy Fund II | Multisector Bonds | 6 | -3.98% | — | Oct 2004 | PSRIX vs PFN | |
| PIMCO International Bond Fund (U.S. Dollar-Hedged) | Global Bonds | 10 | 0.53% | — | Dec 1992 | PSRIX vs PFORX | |
| PIMCO StocksPLUS International Fund (U.S. Dollar-H... | Foreign Large Cap Equities | 36 | 13.06% | — | Oct 2003 | PSRIX vs PISIX |
Often Compared With PSRIX
Investors most often compare PSRIX with DSU, BGT, PCRIX. These 5 comparison targets span 3 categories, based on PortfoliosLab usage data.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| BlackRock Debt Strategies Fund, Inc. | Bank Loan | 7 | 1.17% | — | Nov 1998 | PSRIX vs DSU | |
| BlackRock Floating Rate Income Trust | Bank Loan | 2 | 0.26% | — | Aug 2004 | PSRIX vs BGT | |
| PIMCO Commodity Real Return Strategy Fund | Commodities | 30 | 16.94% | — | Jun 2002 | PSRIX vs PCRIX | |
| PIMCO RAE US Small Fund | Small Cap Value Equities | 72 | 19.00% | — | Jun 2015 | PSRIX vs PMJIX | |
| PGIM Floating Rate Income ETF | Bank Loan | 92 | 2.31% | 116.68M | May 2022 | PSRIX vs PFRL |
Compare PSRIX with Any Fund or Stock
Compare PSRIX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair PSRIX with funds that move differently
PIMCO Low Duration Credit Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to PSRIX.
Explore PSRIX Diversifiers