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 64 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 | 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 64. There are 29 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 | |
| Boyd Watterson Limited Duration Enhanced Income Fu... | 98 | — | Jul 2016 | TFGPX vs BWDTX | |
| Rational Special Situations Income Fund | 98 | — | Jul 2019 | TFGPX vs RFXIX | |
| CrossingBridge Low Duration High Yield Fund | 97 | — | Jan 2018 | TFGPX vs CBLDX |
Top Performing TFGPX Alternatives (YTD)
TFGPX is at 1.37% YTD. There are 31 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 | TFGPX vs ACP | |
| BrandywineGLOBAL - Flexible Bond Fund | 3.03% | — | May 2016 | TFGPX vs LFLIX | |
| Eaton Vance Strategic Income Fund Class I | 2.49% | — | Jan 1998 | TFGPX vs ETSIX | |
| Eaton Vance Strategic Income Fund Class I | 2.48% | — | Apr 2009 | TFGPX vs ESIIX | |
| Nationwide Amundi Strategic Income Fund | 2.37% | — | Nov 2015 | TFGPX vs NWXHX |
Lowest Volatility Alternatives to TFGPX
TFGPX has 2.33% 1-year volatility. There are 14 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 | TFGPX vs NWXHX | |
| Nationwide Strategic Income A | 1.22% | — | Nov 2015 | TFGPX vs NWXEX | |
| Boyd Watterson Limited Duration Enhanced Income Fu... | 1.30% | — | Jul 2016 | TFGPX vs BWDTX | |
| CrossingBridge Low Duration High Yield Fund | 1.40% | — | Jan 2018 | TFGPX vs CBLDX | |
| Rational Special Situations Income Fund | 1.40% | — | Jul 2019 | TFGPX vs RFXIX |
Lowest Drawdown Alternatives to TFGPX
TFGPX has a 1-year max drawdown of -2.64%. There are 40 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 9 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| American Beacon Frontier Markets Income Fund | Emerging Markets Bonds | 98 | 7.58% | — | Feb 2014 | TFGPX vs AGEPX | |
| American Beacon AHL TargetRisk Fund | Tactical Allocation | 63 | 8.90% | — | Dec 2018 | TFGPX vs AHTPX | |
| American Beacon Small Cap Value Fund | Small Cap Value Equities | 73 | 24.58% | — | Dec 1998 | TFGPX vs AVFIX | |
| American Beacon Large Cap Value Fund | Large Cap Value Equities | 44 | 7.35% | — | Jul 1987 | TFGPX vs AADEX | |
| American Beacon ARK Transformational Innovation Fu... | Mid Cap Growth Equities | 8 | 5.77% | — | Jan 2017 | TFGPX vs ADNPX | |
| American Beacon Balanced Fund | Diversified Portfolio | 44 | 4.63% | — | Jul 1987 | TFGPX vs AADBX | |
| American Beacon Tocqueville International Value Fu... | Foreign Large Cap Equities | 93 | 38.55% | — | Aug 1994 | TFGPX vs TIVFX | |
| American Beacon AHL Managed Futures Strategy Fund | Systematic Trend | 88 | 11.59% | — | Aug 2014 | TFGPX vs AHLPX | |
| American Beacon SiM High Yld Opps Fund | High Yield Bonds | 96 | 1.91% | — | Feb 2011 | TFGPX vs SHYPX | |
| American Beacon International Equity Fund | Foreign Large Cap Equities | 33 | 8.26% | — | Aug 1991 | TFGPX vs AAIEX |
Often Compared With TFGPX
Investors most often compare TFGPX with BRW, CRMVX, ICMUX. These 5 comparison targets span 1 categories, based on PortfoliosLab usage data.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Saba Capital Income & Opportunities Fund | Multisector Bonds | 2 | -0.40% | — | Dec 1987 | TFGPX vs BRW | |
| Potomac Managed Volatility Fund | Multisector Bonds | 55 | 2.01% | — | Jun 2020 | TFGPX vs CRMVX | |
| Intrepid Income Fund | Multisector Bonds | 97 | 2.32% | — | Jul 2007 | TFGPX vs ICMUX | |
| CrossingBridge Responsible Credit Fund | Multisector Bonds | 58 | 0.16% | — | Jun 2021 | TFGPX vs CBRDX | |
| Western Asset Diversified Income Fund | Multisector Bonds | 5 | 1.96% | — | Jun 2021 | TFGPX vs WDI |
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