SINCX Alternatives & Similar Mutual Funds

Federated Hermes Strategic Income Fund (SINCX) belongs to the Multisector Bonds category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with SINCX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.

Cheapest Alternatives to SINCX

SINCX charges 1.69% annually. There are 77 mutual funds in the Multisector Bonds category with lower expense ratios, going as low as 0.05%.

Symbol	Name	Expense Ratio	AUM	Inception
DBSCX	Doubleline Selective Credit Fund	0.05%	—	Aug 2014	SINCX vs DBSCX
VMSAX	Vanguard Multi-Sector Income Bond Fund Admiral Sha...	0.30%	—	Oct 2021	SINCX vs VMSAX
JMSIX	JPMorgan Income Fund	0.40%	—	Jun 2014	SINCX vs JMSIX
BWDTX	Boyd Watterson Limited Duration Enhanced Income Fu...	0.40%	—	Jul 2016	SINCX vs BWDTX
MOFIX	Mercer Opportunistic Fixed Income Fund	0.44%	—	Aug 2013	SINCX vs MOFIX

Best Risk-Adjusted Alternatives to SINCX

SINCX has a PortfoliosLab risk / return rank of 54. There are 39 mutual funds in the Multisector Bonds category with higher risk-adjusted ranks, going as high as 99.

Symbol	Name	Risk / Return Rank	AUM	Inception
NWXHX	Nationwide Amundi Strategic Income Fund	99	—	Nov 2015	SINCX vs NWXHX
NWXEX	Nationwide Strategic Income A	99	—	Nov 2015	SINCX vs NWXEX
BWDTX	Boyd Watterson Limited Duration Enhanced Income Fu...	98	—	Jul 2016	SINCX vs BWDTX
RFXIX	Rational Special Situations Income Fund	98	—	Jul 2019	SINCX vs RFXIX
CBLDX	CrossingBridge Low Duration High Yield Fund	97	—	Jan 2018	SINCX vs CBLDX

Top Performing SINCX Alternatives (YTD)

SINCX is at 1.44% YTD. There are 29 mutual funds in the Multisector Bonds category with higher YTD returns, going as high as 4.02%.

Symbol	Name	YTD Return	AUM	Inception
ACP	abrdn Income Credit Strategies Fund	4.02%	—	Jan 2011	SINCX vs ACP
LFLIX	BrandywineGLOBAL - Flexible Bond Fund	3.03%	—	May 2016	SINCX vs LFLIX
ETSIX	Eaton Vance Strategic Income Fund Class I	2.49%	—	Jan 1998	SINCX vs ETSIX
ESIIX	Eaton Vance Strategic Income Fund Class I	2.48%	—	Apr 2009	SINCX vs ESIIX
NWXHX	Nationwide Amundi Strategic Income Fund	2.37%	—	Nov 2015	SINCX vs NWXHX

Lowest Volatility Alternatives to SINCX

SINCX has 3.67% 1-year volatility. There are 55 mutual funds in the Multisector Bonds category with lower 1-year volatility, going as low as 1.19%.

Symbol	Name	Volatility 1Y	AUM	Inception
NWXHX	Nationwide Amundi Strategic Income Fund	1.19%	—	Nov 2015	SINCX vs NWXHX
NWXEX	Nationwide Strategic Income A	1.22%	—	Nov 2015	SINCX vs NWXEX
BWDTX	Boyd Watterson Limited Duration Enhanced Income Fu...	1.30%	—	Jul 2016	SINCX vs BWDTX
CBLDX	CrossingBridge Low Duration High Yield Fund	1.40%	—	Jan 2018	SINCX vs CBLDX
RFXIX	Rational Special Situations Income Fund	1.40%	—	Jul 2019	SINCX vs RFXIX

Lowest Drawdown Alternatives to SINCX

SINCX has a 1-year max drawdown of -2.57%. There are 36 mutual funds in the Multisector Bonds category with shallower 1-year drawdowns, going as shallow as -0.41%.

Symbol	Name	Max Drawdown 1Y	AUM	Inception
NWXHX	Nationwide Amundi Strategic Income Fund	-0.41%	—	Nov 2015	SINCX vs NWXHX
NWXEX	Nationwide Strategic Income A	-0.43%	—	Nov 2015	SINCX vs NWXEX
RFXIX	Rational Special Situations Income Fund	-0.72%	—	Jul 2019	SINCX vs RFXIX
CBLDX	CrossingBridge Low Duration High Yield Fund	-0.73%	—	Jan 2018	SINCX vs CBLDX
BWDTX	Boyd Watterson Limited Duration Enhanced Income Fu...	-1.00%	—	Jul 2016	SINCX vs BWDTX

Other Mutual Funds from Federated

The 10 most viewed Federated mutual funds shown here include SVAIX, QILGX, QAMNX and span 7 categories.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
SVAIX	Federated Hermes Strategic Value Dividend Fund	Large Cap Value Equities	78	8.76%	—	Mar 2005	SINCX vs SVAIX
QILGX	Federated Hermes MDT Large Cap Growth Fund	Large Cap Growth Equities	22	5.22%	—	Sep 2005	SINCX vs QILGX
QAMNX	Federated Hermes MDT Market Neutral A	Long-Short	6	-1.55%	—	Sep 2008	SINCX vs QAMNX
KAUFX	Federated Hermes Kaufmann Fd	Mid Cap Growth Equities	15	9.43%	—	Feb 1986	SINCX vs KAUFX
QIACX	Federated Hermes MDT All Cap Core Fund	Large Cap Blend Equities	47	5.92%	—	Oct 2002	SINCX vs QIACX
FGSAX	Federated Hermes MDT Mid Cap Growth Fund	Mid Cap Growth Equities	4	-0.33%	—	Aug 1984	SINCX vs FGSAX
FHYSX	Federated Hermes High-Yield Strategy Portfolio	High Yield Bonds	69	1.19%	—	Dec 2008	SINCX vs FHYSX
BEARX	Federated Hermes Prudent Bear Fd	Inverse Equities	0	-7.92%	—	Dec 1995	SINCX vs BEARX
FIHBX	Federated Hermes Institutional High Yield Bond Fun...	High Yield Bonds	65	1.16%	—	Nov 2002	SINCX vs FIHBX
FHYTX	Federated Hermes Opportunistic High Yield Bond Fun...	High Yield Bonds	55	1.34%	—	Aug 1984	SINCX vs FHYTX

Often Compared With SINCX

Investors most often compare SINCX with CRMVX, BRW, ISCAX. These 7 comparison targets span 2 categories, based on PortfoliosLab usage data.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
CRMVX	Potomac Managed Volatility Fund	Multisector Bonds	55	2.01%	—	Jun 2020	SINCX vs CRMVX
BRW	Saba Capital Income & Opportunities Fund	Multisector Bonds	2	-0.40%	—	Dec 1987	SINCX vs BRW
ISCAX	Federated Hermes International Small-Mid Company F...	Foreign Small & Mid Cap Equities	37	10.83%	—	Feb 1996	SINCX vs ISCAX
CBRDX	CrossingBridge Responsible Credit Fund	Multisector Bonds	58	0.16%	—	Jun 2021	SINCX vs CBRDX
ICMUX	Intrepid Income Fund	Multisector Bonds	97	2.32%	—	Jul 2007	SINCX vs ICMUX
WDI	Western Asset Diversified Income Fund	Multisector Bonds	5	1.96%	—	Jun 2021	SINCX vs WDI
LCRDX	Lord Abbett Credit Opportunities Fund	Multisector Bonds	27	1.40%	—	Feb 2019	SINCX vs LCRDX

Compare SINCX with Any Fund or Stock

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

Symbol name

Diversifiers

Pair SINCX with funds that move differently

Federated Hermes Strategic Income Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to SINCX.

Explore SINCX Diversifiers

Federated Hermes Strategic Income Fund (SINCX) Alternatives