American Beacon TwentyFour Strategic Income Fund (TFGPX) 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 TFGPX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to TFGPX
TFGPX charges 1.09% annually. There are 66 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 | TFGPX vs DBSCX | |
| Vanguard Multi-Sector Income Bond Fund Admiral Sha... | 0.30% | — | Oct 2021 | TFGPX vs VMSAX | |
| JPMorgan Income Fund Class I | 0.40% | — | Jun 2014 | TFGPX vs JMSIX | |
| Boyd Watterson Limited Duration Enhanced Income Fu... | 0.40% | — | Jul 2016 | TFGPX vs BWDTX | |
| Mercer Opportunistic Fixed Income Fund | 0.44% | — | Aug 2013 | TFGPX vs MOFIX |
Best Risk-Adjusted Alternatives to TFGPX
TFGPX has a PortfoliosLab risk / return rank of 59. There are 32 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 | TFGPX vs NWXHX | |
| Nationwide Strategic Income A | 99 | — | Nov 2015 | TFGPX vs NWXEX | |
| Rational Special Situations Income Fund | 98 | — | Jul 2019 | TFGPX vs RFXIX | |
| Boyd Watterson Limited Duration Enhanced Income Fu... | 98 | — | Jul 2016 | TFGPX vs BWDTX | |
| Oaktree Diversified Income Fund Inc. Class D | 98 | — | Nov 2021 | TFGPX vs ODIDX |
Top Performing TFGPX Alternatives (YTD)
TFGPX is at 1.17% YTD. There are 25 mutual funds in the Multisector Bonds category with higher YTD returns, going as high as 3.47%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| abrdn Income Credit Strategies Fund | 3.47% | — | Jan 2011 | TFGPX vs ACP | |
| BrandywineGLOBAL - Flexible Bond Fund | 3.07% | — | May 2016 | TFGPX vs LFLIX | |
| Saba Capital Income & Opportunities Fund | 3.06% | — | Dec 1987 | TFGPX vs BRW | |
| Intrepid Income Fund | 2.85% | — | Aug 2010 | TFGPX vs ICMUX | |
| Nationwide Amundi Strategic Income Fund | 2.57% | — | Nov 2015 | TFGPX vs NWXHX |
Lowest Volatility Alternatives to TFGPX
TFGPX has 2.34% 1-year volatility. There are 15 mutual funds in the Multisector Bonds category with lower 1-year volatility, going as low as 1.17%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Nationwide Amundi Strategic Income Fund | 1.17% | — | Nov 2015 | TFGPX vs NWXHX | |
| Nationwide Strategic Income A | 1.24% | — | Nov 2015 | TFGPX vs NWXEX | |
| Boyd Watterson Limited Duration Enhanced Income Fu... | 1.31% | — | Jul 2016 | TFGPX vs BWDTX | |
| Rational Special Situations Income Fund | 1.38% | — | Jul 2019 | TFGPX vs RFXIX | |
| Oaktree Diversified Income Fund Inc. Class D | 1.47% | — | Nov 2021 | TFGPX vs ODIDX |
Lowest Drawdown Alternatives to TFGPX
TFGPX has a 1-year max drawdown of -2.64%. There are 42 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 | TFGPX vs NWXHX | |
| Nationwide Strategic Income A | -0.43% | — | Nov 2015 | TFGPX vs NWXEX | |
| Rational Special Situations Income Fund | -0.72% | — | Jul 2019 | TFGPX vs RFXIX | |
| CrossingBridge Low Duration High Yield Fund | -0.73% | — | Jan 2018 | TFGPX vs CBLDX | |
| Boyd Watterson Limited Duration Enhanced Income Fu... | -1.00% | — | Jul 2016 | TFGPX vs BWDTX |
Other Mutual Funds from American Beacon
The 10 most viewed American Beacon mutual funds shown here include AGEPX, AHTPX, AVFIX and span 8 categories.
Often Compared With TFGPX
Investors most often compare TFGPX with ESIIX, SHYPX, WDI. These 6 comparison targets span 2 categories, based on PortfoliosLab usage data.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Eaton Vance Strategic Income Fund Class I | Multisector Bonds | 94 | 2.48% | — | Apr 2009 | TFGPX vs ESIIX | |
| American Beacon SiM High Yld Opps Fund | High Yield Bonds | 96 | 1.75% | — | Feb 2011 | TFGPX vs SHYPX | |
| Western Asset Diversified Income Fund | Multisector Bonds | 4 | 1.31% | — | Jun 2021 | TFGPX vs WDI | |
| CrossingBridge Responsible Credit Fund | Multisector Bonds | 24 | -0.01% | — | Jun 2021 | TFGPX vs CBRDX | |
| Potomac Managed Volatility Fund | Multisector Bonds | 37 | 0.91% | — | Jun 2020 | TFGPX vs CRMVX | |
| Eaton Vance Strategic Income Fund Class I | Multisector Bonds | 93 | 2.46% | — | Jan 1998 | TFGPX vs ETSIX |
Compare TFGPX with Any Fund or Stock
Compare TFGPX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair TFGPX with funds that move differently
American Beacon TwentyFour Strategic Income Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to TFGPX.
Explore TFGPX Diversifiers