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... | 0.07% | 68.10B | Mar 2010 | PTY vs VICSX | |
| Vanguard Short-Term Corporate Bond Index Fund Admi... | 0.07% | 49.50B | 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 92.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Miller Intermediate Bond Fund | 92 | — | Dec 2014 | PTY vs MIFIX | |
| Vanguard Short-Term Corporate Bond Index Fund Inst... | 81 | — | Nov 2009 | PTY vs VSTBX | |
| Vanguard Short-Term Corporate Bond Index Fund Admi... | 80 | 49.50B | Nov 2010 | PTY vs VSCSX | |
| John Hancock Managed Account Shares Investment-Gra... | 48 | — | Jul 2019 | PTY vs JMABX | |
| T. Rowe Price Corporate Income Fund | 44 | — | Oct 1995 | PTY vs PRPIX |
Top Performing PTY Alternatives (YTD)
PTY is at -3.77% YTD. There are 47 mutual funds in the Corporate Bonds category with higher YTD returns, going as high as 5.40%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Miller Intermediate Bond Fund | 5.40% | — | Dec 2014 | PTY vs MIFIX | |
| Western Asset SMASh Series C Fund | 1.82% | — | Dec 2006 | PTY vs LMLCX | |
| Vanguard Long-Term Corporate Bond Index Fund Insti... | 1.23% | — | Nov 2009 | PTY vs VLCIX | |
| Vanguard Long-Term Corporate Bond Index Fund Admir... | 1.22% | 8.60B | Jan 2010 | PTY vs VLTCX | |
| AB Corporate Income Shares | 0.98% | — | Dec 2006 | PTY vs ACISX |
Lowest Volatility Alternatives to PTY
PTY has 10.82% 1-year volatility. There are 47 mutual funds in the Corporate Bonds category with lower 1-year volatility, going as low as 1.75%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Vanguard Short-Term Corporate Bond Index Fund Admi... | 1.75% | 49.50B | Nov 2010 | PTY vs VSCSX | |
| Vanguard Short-Term Corporate Bond Index Fund Inst... | 1.76% | — | Nov 2009 | PTY vs VSTBX | |
| LKCM Fixed Income Fund | 2.58% | — | Dec 1997 | PTY vs LKFIX | |
| iMGP Dolan McEniry Corporate Bond Fund | 2.89% | — | Sep 2018 | PTY vs IDMIX | |
| Miller Intermediate Bond Fund | 3.02% | — | Dec 2014 | PTY vs MIFIX |
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% | 49.50B | 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 FPA
The 5 most viewed FPA mutual funds shown here include FPACX, FPNIX, FPFIX and span 5 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| FPA Crescent Fund | Diversified Portfolio | 53 | 5.34% | — | Jun 1993 | PTY vs FPACX | |
| FPA New Income Fund | Short-Term Bond | 36 | -0.02% | — | Jul 1984 | PTY vs FPNIX | |
| FPA Flexible Fixed Income Fund | Nontraditional Bonds | 31 | -0.11% | — | Dec 2018 | PTY vs FPFIX | |
| FPA Queens Road Value Fund | Large Cap Value Equities | 23 | 9.91% | — | Jun 2002 | PTY vs QRVLX | |
| FPA Queens Road Small Cap Value Fund Investor Clas... | Small Cap Value Equities | 83 | 25.02% | — | Jun 2002 | PTY vs QRSVX |
Often Compared With PTY
Investors most often compare PTY with PDI, PCN, SCHD. These 20 comparison targets span 8 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