PTLAX Alternatives & Similar Mutual Funds

PIMCO Low Duration Fund Class A (PTLAX) belongs to the Short-Term Bond category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with PTLAX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.

Cheapest Alternatives to PTLAX

PTLAX charges 0.75% annually. There are 99 mutual funds in the Short-Term Bond category with lower expense ratios, going as low as 0.02%.

Symbol	Name	Expense Ratio	AUM	Inception
VIITX	Vanguard Institutional Intermediate-Term Bond Fund	0.02%	—	Jun 2015	PTLAX vs VIITX
VISTX	Vanguard Institutional Short-Term Bond Fund	0.02%	—	Jun 2015	PTLAX vs VISTX
SWSBX	Schwab Short-Term Bond Index Fund	0.06%	—	Feb 2017	PTLAX vs SWSBX
TNSHX	TIAA-CREF Short-Term Bond Index Fund	0.09%	—	Aug 2015	PTLAX vs TNSHX
VBISX	Vanguard Short-Term Bond Index Fund	0.15%	—	Mar 1994	PTLAX vs VBISX

Best Risk-Adjusted Alternatives to PTLAX

PTLAX has a PortfoliosLab risk / return rank of 42. There are 111 mutual funds in the Short-Term Bond category with higher risk-adjusted ranks, going as high as 99.

Symbol	Name	Risk / Return Rank	AUM	Inception
DHEIX	Diamond Hill Short Duration Securitized Bond Fund ...	99	—	Jul 2016	PTLAX vs DHEIX
GPICX	GuidepathConservative Income Fund	99	—	Apr 2018	PTLAX vs GPICX
DFAIX	DFA Short-Duration Real Return Portfolio	99	—	Nov 2013	PTLAX vs DFAIX
DHEAX	Diamond Hill Short Duration Securitized Bond Fund	99	—	Jul 2016	PTLAX vs DHEAX
DBLSX	DoubleLine Low Duration Bond Fund	97	—	Sep 2011	PTLAX vs DBLSX

Top Performing PTLAX Alternatives (YTD)

PTLAX is at 0.28% YTD. There are 115 mutual funds in the Short-Term Bond category with higher YTD returns, going as high as 10.27%.

Symbol	Name	YTD Return	AUM	Inception
GPARX	GuidePath Absolute Return Allocation Fund	10.27%	—	Apr 2011	PTLAX vs GPARX
LCCMX	Leader Short Term High Yield Bond Fund	3.89%	—	Jul 2005	PTLAX vs LCCMX
DFAIX	DFA Short-Duration Real Return Portfolio	2.57%	—	Nov 2013	PTLAX vs DFAIX
HOBEX	Holbrook Income Fund	2.12%	—	Jul 2016	PTLAX vs HOBEX
BATAX	BlackRock Allocation Target Shares Series A Portfo...	1.87%	—	Sep 2015	PTLAX vs BATAX

Lowest Volatility Alternatives to PTLAX

PTLAX has 2.10% 1-year volatility. There are 79 mutual funds in the Short-Term Bond category with lower 1-year volatility, going as low as 0.83%.

Symbol	Name	Volatility 1Y	AUM	Inception
GPICX	GuidepathConservative Income Fund	0.83%	—	Apr 2018	PTLAX vs GPICX
DHEIX	Diamond Hill Short Duration Securitized Bond Fund ...	1.05%	—	Jul 2016	PTLAX vs DHEIX
DFEQX	DFA Short-Term Extended Quality Portfolio	1.07%	—	Mar 2009	PTLAX vs DFEQX
DFAIX	DFA Short-Duration Real Return Portfolio	1.10%	—	Nov 2013	PTLAX vs DFAIX
DHEAX	Diamond Hill Short Duration Securitized Bond Fund	1.11%	—	Jul 2016	PTLAX vs DHEAX

Lowest Drawdown Alternatives to PTLAX

PTLAX has a 1-year max drawdown of -1.60%. There are 99 mutual funds in the Short-Term Bond category with shallower 1-year drawdowns, going as shallow as -0.25%.

Symbol	Name	Max Drawdown 1Y	AUM	Inception
GPICX	GuidepathConservative Income Fund	-0.25%	—	Apr 2018	PTLAX vs GPICX
DFAIX	DFA Short-Duration Real Return Portfolio	-0.47%	—	Nov 2013	PTLAX vs DFAIX
DHEAX	Diamond Hill Short Duration Securitized Bond Fund	-0.50%	—	Jul 2016	PTLAX vs DHEAX
DHEIX	Diamond Hill Short Duration Securitized Bond Fund ...	-0.50%	—	Jul 2016	PTLAX vs DHEIX
HOBEX	Holbrook Income Fund	-0.61%	—	Jul 2016	PTLAX vs HOBEX

Other Mutual Funds from PIMCO

The 10 most viewed PIMCO mutual funds shown here include PIMIX, PONAX, PTTRX and span 6 categories.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
PIMIX	PIMCO Income Fund Institutional Class	Total Bond Market	45	1.00%	—	Mar 2007	PTLAX vs PIMIX
PONAX	PIMCO Income Fund Class A	Multisector Bonds	41	0.83%	—	Apr 2007	PTLAX vs PONAX
PTTRX	PIMCO Total Return Fund Institutional Class	Total Bond Market	30	0.64%	—	—	PTLAX vs PTTRX
PCN	PIMCO Corporate & Income Strategy Fund	Multisector Bonds	3	-4.37%	—	Dec 2001	PTLAX vs PCN
PONPX	PIMCO Income Fund Class I-2	Total Bond Market	44	0.96%	—	—	PTLAX vs PONPX
PSLDX	PIMCO StocksPLUS Long Duration Fund Class I	Diversified Portfolio	47	10.35%	—	Aug 2007	PTLAX vs PSLDX
PFN	PIMCO Income Strategy Fund II	Multisector Bonds	6	-4.15%	—	Oct 2004	PTLAX vs PFN
PFORX	PIMCO International Bond Fund (U.S. Dollar-Hedged)	Global Bonds	9	0.12%	—	Dec 1992	PTLAX vs PFORX
PISIX	PIMCO StocksPLUS International Fund (U.S. Dollar-H...	Foreign Large Cap Equities	25	9.70%	—	Oct 2003	PTLAX vs PISIX
PCRIX	PIMCO Commodity Real Return Strategy Fund	Commodities	75	26.86%	—	Jun 2002	PTLAX vs PCRIX

Often Compared With PTLAX

Investors most often compare PTLAX with DLDFX, SNSAX, PMJIX. These 5 comparison targets span 3 categories, based on PortfoliosLab usage data.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
DLDFX	Destinations Low Duration Fixed Income Fund	Short-Term Bond	94	1.61%	—	Mar 2017	PTLAX vs DLDFX
SNSAX	SEI Asset Allocation Trust Defensive Strategy Fund	Short-Term Bond	89	1.86%	—	Nov 2003	PTLAX vs SNSAX
PMJIX	PIMCO RAE US Small Fund	Small Cap Value Equities	67	19.26%	—	Jun 2015	PTLAX vs PMJIX
BSV	Vanguard Short-Term Bond Index Fund ETF Shares	Short-Term Bond	61	0.29%	69.90B	Apr 2007	PTLAX vs BSV
VMFXX	Vanguard Federal Money Market Fund	Money Market	—	1.50%	0.00	Jul 1981	PTLAX vs VMFXX

Compare PTLAX with Any Fund or Stock

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

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Diversifiers

Pair PTLAX with funds that move differently

PIMCO Low Duration Fund Class A alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to PTLAX.

Explore PTLAX Diversifiers

PIMCO Low Duration Fund Class A (PTLAX) Alternatives