PIMCO Corporate & Income Opportunity Fund (PTY) belongs to the Corporate Bonds category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with PTY. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to PTY
PTY charges 1.19% annually. There are 38 mutual funds in the Corporate Bonds category with lower expense ratios, going as low as 0.05%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Vanguard Long-Term Corporate Bond Index Fund Insti... | 0.05% | — | Nov 2009 | PTY vs VLCIX | |
| Vanguard Intermediate-Term Corporate Bond Index Fu... | 0.05% | — | Nov 2009 | PTY vs VICBX | |
| Vanguard Short-Term Corporate Bond Index Fund Inst... | 0.05% | — | Nov 2009 | PTY vs VSTBX | |
| Vanguard Intermediate-Term Corporate Bond Index Fu... | 0.06% | 69.50B | Mar 2010 | PTY vs VICSX | |
| Vanguard Short-Term Corporate Bond Index Fund Admi... | 0.06% | 51.90B | Nov 2010 | PTY vs VSCSX |
Best Risk-Adjusted Alternatives to PTY
PTY has a PortfoliosLab risk / return rank of 1. There are 47 mutual funds in the Corporate Bonds category with higher risk-adjusted ranks, going as high as 95.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Miller Intermediate Bond Fund | 95 | — | Dec 2014 | PTY vs MIFIX | |
| Vanguard Short-Term Corporate Bond Index Fund Inst... | 86 | — | Nov 2009 | PTY vs VSTBX | |
| Vanguard Short-Term Corporate Bond Index Fund Admi... | 84 | 51.90B | Nov 2010 | PTY vs VSCSX | |
| John Hancock Managed Account Shares Investment-Gra... | 36 | — | Jul 2019 | PTY vs JMABX | |
| iMGP Dolan McEniry Corporate Bond Fund | 34 | — | Sep 2018 | PTY vs IDMIX |
Top Performing PTY Alternatives (YTD)
PTY is at -2.91% YTD. There are 46 mutual funds in the Corporate Bonds category with higher YTD returns, going as high as 5.78%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Miller Intermediate Bond Fund | 5.78% | — | Dec 2014 | PTY vs MIFIX | |
| Vanguard Short-Term Corporate Bond Index Fund Inst... | 0.91% | — | Nov 2009 | PTY vs VSTBX | |
| Vanguard Short-Term Corporate Bond Index Fund Admi... | 0.84% | 51.90B | Nov 2010 | PTY vs VSCSX | |
| Brandes Separately Managed Account Reserve Trust | 0.14% | — | Oct 2005 | PTY vs SMARX | |
| LKCM Fixed Income Fund | -0.07% | — | Dec 1997 | PTY vs LKFIX |
Lowest Volatility Alternatives to PTY
PTY has 11.25% 1-year volatility. There are 47 mutual funds in the Corporate Bonds category with lower 1-year volatility, going as low as 1.78%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Vanguard Short-Term Corporate Bond Index Fund Inst... | 1.78% | — | Nov 2009 | PTY vs VSTBX | |
| Vanguard Short-Term Corporate Bond Index Fund Admi... | 1.79% | 51.90B | Nov 2010 | PTY vs VSCSX | |
| LKCM Fixed Income Fund | 2.51% | — | Dec 1997 | PTY vs LKFIX | |
| iMGP Dolan McEniry Corporate Bond Fund | 2.79% | — | Sep 2018 | PTY vs IDMIX | |
| Federated Hermes Intermediate Corporate Bond Fund | 3.05% | — | Dec 1993 | PTY vs FIIFX |
Lowest Drawdown Alternatives to PTY
PTY has a 1-year max drawdown of -15.44%. There are 47 mutual funds in the Corporate Bonds category with shallower 1-year drawdowns, going as shallow as -1.31%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Vanguard Short-Term Corporate Bond Index Fund Inst... | -1.31% | — | Nov 2009 | PTY vs VSTBX | |
| Vanguard Short-Term Corporate Bond Index Fund Admi... | -1.36% | 51.90B | Nov 2010 | PTY vs VSCSX | |
| LKCM Fixed Income Fund | -1.76% | — | Dec 1997 | PTY vs LKFIX | |
| Federated Hermes Intermediate Corporate Bond Fund | -2.28% | — | Dec 1993 | PTY vs FIIFX | |
| iMGP Dolan McEniry Corporate Bond Fund | -2.38% | — | Sep 2018 | PTY vs IDMIX |
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 | |
|---|---|---|---|---|---|---|---|
| PIMCO Income Fund Institutional Class | Multisector Bonds | 52 | 0.23% | — | Mar 2007 | PTY vs PIMIX | |
| PIMCO Income Fund Class A | Multisector Bonds | 45 | 0.03% | — | Apr 2007 | PTY vs PONAX | |
| PIMCO Total Return Fund Institutional Class | Intermediate Core-Plus Bond | 30 | -0.45% | — | May 1987 | PTY vs PTTRX | |
| PIMCO Corporate & Income Strategy Fund | Multisector Bonds | 9 | -2.68% | — | Dec 2001 | PTY vs PCN | |
| PIMCO Income Fund Class I-2 | Multisector Bonds | 50 | 0.18% | — | Apr 2008 | PTY vs PONPX | |
| PIMCO StocksPLUS Long Duration Fund Class I | Diversified Portfolio | 28 | 4.37% | — | Aug 2007 | PTY vs PSLDX | |
| PIMCO Income Strategy Fund II | Multisector Bonds | 15 | 1.29% | — | Oct 2004 | PTY vs PFN | |
| PIMCO International Bond Fund (U.S. Dollar-Hedged) | Global Bonds | 12 | -0.58% | — | Dec 1992 | PTY vs PFORX | |
| PIMCO StocksPLUS International Fund (U.S. Dollar-H... | Foreign Large Cap Equities | 49 | 12.84% | — | Oct 2003 | PTY vs PISIX | |
| PIMCO All Asset Fund | Tactical Allocation | 95 | 9.59% | — | Nov 2002 | PTY vs PAAIX |
Often Compared With PTY
Investors most often compare PTY with PDI, SCHD, JEPQ. These 20 comparison targets span 11 categories, based on PortfoliosLab usage data.
Compare PTY with Any Fund or Stock
Compare PTY with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair PTY with funds that move differently
PIMCO Corporate & Income Opportunity Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to PTY.
Explore PTY Diversifiers