Saba Capital Income & Opportunities Fund II (SABA) belongs to the Global Bonds category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with SABA. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to SABA
Among 72 mutual funds in the Global Bonds category with expense-ratio data, the lowest-cost alternatives shown here go as low as 0.06%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Fidelity International Bond Index Fund | 0.06% | — | Oct 2019 | SABA vs FBIIX | |
| Vanguard Total International Bond II Index Fund | 0.07% | — | Feb 2021 | SABA vs VTILX | |
| Vanguard Total International Bond II Index Fund In... | 0.11% | — | Feb 2021 | SABA vs VTIIX | |
| Vanguard Total International Bond Index Fund | 0.13% | — | May 2013 | SABA vs VTIBX | |
| DFA Two Year Global Fixed Income Portfolio | 0.16% | — | Feb 1996 | SABA vs DFGFX |
Best Risk-Adjusted Alternatives to SABA
SABA has a PortfoliosLab risk / return rank of 8. There are 57 mutual funds in the Global Bonds category with higher risk-adjusted ranks, going as high as 98.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Destinations Global Fixed Income Opportunities Fun... | 98 | — | Mar 2017 | SABA vs DGFFX | |
| Eaton Vance Global Bond Fund | 90 | — | Jun 2007 | SABA vs EAIIX | |
| T. Rowe Price Global Multi-Sector Bond Fund | 87 | — | Dec 2008 | SABA vs PRSNX | |
| DFA Selectively Hedged Global Fixed Income Portfol... | 86 | — | Jan 2008 | SABA vs DFSHX | |
| Payden Global Low Duration Fund | 80 | — | Sep 1996 | SABA vs PYGSX |
Top Performing SABA Alternatives (YTD)
SABA is at 6.57% YTD. No mutual funds in the Global Bonds category have higher YTD returns; the top-performing alternatives shown here go as high as 3.75%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Eaton Vance Global Bond Fund | 3.75% | — | Jun 2007 | SABA vs EAIIX | |
| Dunham International Opportunity Bond Fund | 2.88% | — | Oct 2013 | SABA vs DAIOX | |
| Destinations Global Fixed Income Opportunities Fun... | 2.55% | — | Mar 2017 | SABA vs DGFFX | |
| Templeton Global Bond Fund | 2.14% | — | Sep 1986 | SABA vs TPINX | |
| Templeton Global Bond Fund - Class R | 2.05% | — | Feb 2009 | SABA vs FGBRX |
Lowest Volatility Alternatives to SABA
SABA has 11.79% 1-year volatility. There are 72 mutual funds in the Global Bonds category with lower 1-year volatility, going as low as 1.52%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| DFA Selectively Hedged Global Fixed Income Portfol... | 1.52% | — | Jan 2008 | SABA vs DFSHX | |
| Payden Global Low Duration Fund | 1.53% | — | Sep 1996 | SABA vs PYGSX | |
| DFA Two Year Global Fixed Income Portfolio | 1.58% | — | Feb 1996 | SABA vs DFGFX | |
| DFA Five Year Global Fixed Income Portfolio | 1.88% | — | Nov 1990 | SABA vs DFGBX | |
| SA Global Fixed Income Fund | 1.97% | — | Jul 1999 | SABA vs SAXIX |
Lowest Drawdown Alternatives to SABA
SABA has a 1-year max drawdown of -10.45%. There are 72 mutual funds in the Global Bonds category with shallower 1-year drawdowns, going as shallow as -1.19%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Destinations Global Fixed Income Opportunities Fun... | -1.19% | — | Mar 2017 | SABA vs DGFFX | |
| Payden Global Low Duration Fund | -1.23% | — | Sep 1996 | SABA vs PYGSX | |
| DFA Selectively Hedged Global Fixed Income Portfol... | -1.28% | — | Jan 2008 | SABA vs DFSHX | |
| DFA Five Year Global Fixed Income Portfolio | -1.38% | — | Nov 1990 | SABA vs DFGBX | |
| DFA Two Year Global Fixed Income Portfolio | -1.41% | — | Feb 1996 | SABA vs DFGFX |
Other Mutual Funds from Saba Capital
The 1 most viewed Saba Capital mutual funds shown here include BRW and span 1 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Saba Capital Income & Opportunities Fund | Multisector Bonds | 4 | 3.83% | — | Dec 1987 | SABA vs BRW |
Often Compared With SABA
Investors most often compare SABA with PGTQX, GOBSX, DOXLX. These 5 comparison targets span 1 categories, based on PortfoliosLab usage data.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| PGIM Global Total Return Fund - Class R6 | Global Bonds | 9 | 0.38% | — | Feb 2012 | SABA vs PGTQX | |
| BrandywineGLOBAL - Global Opportunities Bond Fund | Global Bonds | 9 | 1.75% | — | Oct 2006 | SABA vs GOBSX | |
| Dodge & Cox Global Bond Fund | Global Bonds | 33 | 1.33% | — | May 2014 | SABA vs DOXLX | |
| UBS Sustainable Development Bank Bond Fund | Global Bonds | 20 | 0.16% | — | Oct 2018 | SABA vs UDBPX | |
| T. Rowe Price International Bond Fund (USD Hedged) | Global Bonds | 39 | 0.97% | — | Sep 2017 | SABA vs TNBMX |
Compare SABA with Any Fund or Stock
Compare SABA with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair SABA with funds that move differently
Saba Capital Income & Opportunities Fund II alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to SABA.
Explore SABA Diversifiers