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 | |
|---|---|---|---|---|---|
| Doubleline Selective Credit Fund | 0.05% | — | Aug 2014 | SINCX vs DBSCX | |
| Vanguard Multi-Sector Income Bond Fund Admiral Sha... | 0.30% | — | Oct 2021 | SINCX vs VMSAX | |
| JPMorgan Income Fund | 0.40% | — | Jun 2014 | SINCX vs JMSIX | |
| Boyd Watterson Limited Duration Enhanced Income Fu... | 0.40% | — | Jul 2016 | SINCX vs BWDTX | |
| 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 | |
|---|---|---|---|---|---|
| Nationwide Amundi Strategic Income Fund | 99 | — | Nov 2015 | SINCX vs NWXHX | |
| Nationwide Strategic Income A | 99 | — | Nov 2015 | SINCX vs NWXEX | |
| Boyd Watterson Limited Duration Enhanced Income Fu... | 98 | — | Jul 2016 | SINCX vs BWDTX | |
| Rational Special Situations Income Fund | 98 | — | Jul 2019 | SINCX vs RFXIX | |
| 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 | |
|---|---|---|---|---|---|
| abrdn Income Credit Strategies Fund | 4.02% | — | Jan 2011 | SINCX vs ACP | |
| BrandywineGLOBAL - Flexible Bond Fund | 3.03% | — | May 2016 | SINCX vs LFLIX | |
| Eaton Vance Strategic Income Fund Class I | 2.49% | — | Jan 1998 | SINCX vs ETSIX | |
| Eaton Vance Strategic Income Fund Class I | 2.48% | — | Apr 2009 | SINCX vs ESIIX | |
| 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 | |
|---|---|---|---|---|---|
| Nationwide Amundi Strategic Income Fund | 1.19% | — | Nov 2015 | SINCX vs NWXHX | |
| Nationwide Strategic Income A | 1.22% | — | Nov 2015 | SINCX vs NWXEX | |
| Boyd Watterson Limited Duration Enhanced Income Fu... | 1.30% | — | Jul 2016 | SINCX vs BWDTX | |
| CrossingBridge Low Duration High Yield Fund | 1.40% | — | Jan 2018 | SINCX vs CBLDX | |
| 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 | |
|---|---|---|---|---|---|
| Nationwide Amundi Strategic Income Fund | -0.41% | — | Nov 2015 | SINCX vs NWXHX | |
| Nationwide Strategic Income A | -0.43% | — | Nov 2015 | SINCX vs NWXEX | |
| Rational Special Situations Income Fund | -0.72% | — | Jul 2019 | SINCX vs RFXIX | |
| CrossingBridge Low Duration High Yield Fund | -0.73% | — | Jan 2018 | SINCX vs CBLDX | |
| 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 | |
|---|---|---|---|---|---|---|---|
| Federated Hermes Strategic Value Dividend Fund | Large Cap Value Equities | 78 | 8.76% | — | Mar 2005 | SINCX vs SVAIX | |
| Federated Hermes MDT Large Cap Growth Fund | Large Cap Growth Equities | 22 | 5.22% | — | Sep 2005 | SINCX vs QILGX | |
| Federated Hermes MDT Market Neutral A | Long-Short | 6 | -1.55% | — | Sep 2008 | SINCX vs QAMNX | |
| Federated Hermes Kaufmann Fd | Mid Cap Growth Equities | 15 | 9.43% | — | Feb 1986 | SINCX vs KAUFX | |
| Federated Hermes MDT All Cap Core Fund | Large Cap Blend Equities | 47 | 5.92% | — | Oct 2002 | SINCX vs QIACX | |
| Federated Hermes MDT Mid Cap Growth Fund | Mid Cap Growth Equities | 4 | -0.33% | — | Aug 1984 | SINCX vs FGSAX | |
| Federated Hermes High-Yield Strategy Portfolio | High Yield Bonds | 69 | 1.19% | — | Dec 2008 | SINCX vs FHYSX | |
| Federated Hermes Prudent Bear Fd | Inverse Equities | 0 | -7.92% | — | Dec 1995 | SINCX vs BEARX | |
| Federated Hermes Institutional High Yield Bond Fun... | High Yield Bonds | 65 | 1.16% | — | Nov 2002 | SINCX vs FIHBX | |
| 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 | |
|---|---|---|---|---|---|---|---|
| Potomac Managed Volatility Fund | Multisector Bonds | 55 | 2.01% | — | Jun 2020 | SINCX vs CRMVX | |
| Saba Capital Income & Opportunities Fund | Multisector Bonds | 2 | -0.40% | — | Dec 1987 | SINCX vs BRW | |
| Federated Hermes International Small-Mid Company F... | Foreign Small & Mid Cap Equities | 37 | 10.83% | — | Feb 1996 | SINCX vs ISCAX | |
| CrossingBridge Responsible Credit Fund | Multisector Bonds | 58 | 0.16% | — | Jun 2021 | SINCX vs CBRDX | |
| Intrepid Income Fund | Multisector Bonds | 97 | 2.32% | — | Jul 2007 | SINCX vs ICMUX | |
| Western Asset Diversified Income Fund | Multisector Bonds | 5 | 1.96% | — | Jun 2021 | SINCX vs WDI | |
| 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.
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