Morgan Stanley Pathway Funds High Yield Fund (THYUX) belongs to the High Yield Bonds category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with THYUX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to THYUX
THYUX charges 0.76% annually. There are 81 mutual funds in the High Yield Bonds category with lower expense ratios, going as low as 0.02%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Federated Hermes High-Yield Strategy Portfolio | 0.02% | — | Dec 2008 | THYUX vs FHYSX | |
| Vanguard High-Yield Corporate Fund Admiral Shares | 0.12% | 25.80B | Nov 2001 | THYUX vs VWEAX | |
| PIA High Yield (MACS) Fund | 0.20% | — | Dec 2017 | THYUX vs PIAMX | |
| Vanguard High-Yield Corporate Fund Investor Shares | 0.22% | 25.80B | Dec 1978 | THYUX vs VWEHX | |
| Six Circles Credit Opportunities Fund | 0.29% | — | Nov 2020 | THYUX vs CRDOX |
Best Risk-Adjusted Alternatives to THYUX
THYUX has a PortfoliosLab risk / return rank of 41. There are 161 mutual funds in the High Yield Bonds category with higher risk-adjusted ranks, going as high as 100.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Pioneer ILS Interval Fund | 100 | — | Dec 2014 | THYUX vs XILSX | |
| Cliffwater Corporate Lending Fund | 100 | — | Mar 2019 | THYUX vs CCLFX | |
| RiverPark Short Term High Yield Fund | 99 | — | Sep 2010 | THYUX vs RPHIX | |
| Chartwell Short Duration High Yield Fund | 97 | — | Jul 2014 | THYUX vs CWFIX | |
| Penn Capital Short Duration High Income Fund | 97 | — | Jul 2017 | THYUX vs PSHNX |
Top Performing THYUX Alternatives (YTD)
THYUX is at 2.00% YTD. There are 49 mutual funds in the High Yield Bonds category with higher YTD returns, going as high as 8.52%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Fidelity Capital & Income Fund | 8.52% | — | Nov 1977 | THYUX vs FAGIX | |
| Pioneer ILS Interval Fund | 8.28% | — | Dec 2014 | THYUX vs XILSX | |
| Fidelity Advisor High Income Advantage Fund Class ... | 7.73% | — | Oct 2018 | THYUX vs FIQTX | |
| Fidelity Advisor High Income Advantage Fund Class ... | 7.68% | — | Jul 1995 | THYUX vs FAHCX | |
| Fidelity Advisor High Income Advantage Fund Class ... | 7.52% | — | Jan 1987 | THYUX vs FAHYX |
Lowest Volatility Alternatives to THYUX
THYUX has 3.72% 1-year volatility. There are 155 mutual funds in the High Yield Bonds category with lower 1-year volatility, going as low as 0.88%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| RiverPark Short Term High Yield Fund | 0.88% | — | Sep 2010 | THYUX vs RPHIX | |
| Cliffwater Corporate Lending Fund | 0.88% | — | Mar 2019 | THYUX vs CCLFX | |
| Chartwell Short Duration High Yield Fund | 1.51% | — | Jul 2014 | THYUX vs CWFIX | |
| Shenkman Capital Short Duration High Income Fund | 1.64% | — | Oct 2012 | THYUX vs SCFIX | |
| Osterweis Strategic Income Fund | 1.70% | — | Aug 2002 | THYUX vs OSTIX |
Lowest Drawdown Alternatives to THYUX
THYUX has a 1-year max drawdown of -2.11%. There are 47 mutual funds in the High Yield Bonds category with shallower 1-year drawdowns, going as shallow as -0.10%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| RiverPark Short Term High Yield Fund | -0.10% | — | Sep 2010 | THYUX vs RPHIX | |
| Cliffwater Corporate Lending Fund | -0.19% | — | Mar 2019 | THYUX vs CCLFX | |
| Pioneer ILS Interval Fund | -0.21% | — | Dec 2014 | THYUX vs XILSX | |
| MainStay MacKay Short Duration High Yield Fund | -1.06% | — | Dec 2012 | THYUX vs MDHVX | |
| Shenkman Capital Short Duration High Income Fund | -1.11% | — | Oct 2012 | THYUX vs SCFIX |
Other Mutual Funds from Morgan Stanley
The 10 most viewed Morgan Stanley mutual funds shown here include MSEQX, MACGX, CPOAX and span 5 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Morgan Stanley Growth Portfolio Class I | Large Cap Growth Equities | 4 | -6.22% | — | Apr 1991 | THYUX vs MSEQX | |
| Morgan Stanley Institutional Fund Trust Discovery ... | Mid Cap Growth Equities | 2 | -0.60% | — | Mar 1990 | THYUX vs MACGX | |
| Morgan Stanley Insight A | Large Cap Growth Equities | 4 | -1.64% | — | Jan 2002 | THYUX vs CPOAX | |
| Morgan Stanley Emerging Markets Domestic Fund | Emerging Markets Bonds | 24 | 8.33% | — | Apr 2007 | THYUX vs EDD | |
| Morgan Stanley Institutional Fund Trust Discovery ... | Mid Cap Growth Equities | 3 | -0.49% | — | Mar 1990 | THYUX vs MPEGX | |
| Morgan Stanley Growth Portfolio | Large Cap Growth Equities | 3 | -6.66% | — | Apr 2017 | THYUX vs MEGIX | |
| Morgan Stanley Insight Fund | Large Cap Growth Equities | 4 | -1.51% | — | Jul 1997 | THYUX vs CPODX | |
| Morgan Stanley Global Fixed Income Opportunities F... | Multisector Bonds | — | — | — | Jul 1997 | THYUX vs DINDX | |
| Morgan Stanley Institutional Fund Trust Ultra-Shor... | Ultrashort Bond | 99 | 1.47% | — | Apr 2016 | THYUX vs MUIIX | |
| Morgan Stanley Institutional Growth Portfolio | Large Cap Growth Equities | 3 | -6.33% | — | Apr 1991 | THYUX vs MSEGX |
Often Compared With THYUX
Investors most often compare THYUX with FOCIX, SHYPX, SHOYX. These 5 comparison targets span 1 categories, based on PortfoliosLab usage data.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Fairholme Focused Income Fund | High Yield Bonds | 38 | 6.44% | — | Dec 2009 | THYUX vs FOCIX | |
| American Beacon SiM High Yld Opps Fund | High Yield Bonds | 96 | 1.91% | — | Feb 2011 | THYUX vs SHYPX | |
| American Beacon SiM High Yield Opportunities Fund ... | High Yield Bonds | 96 | 2.06% | — | Feb 2011 | THYUX vs SHOYX | |
| T. Rowe Price Floating Rate Fund | High Yield Bonds | 96 | 0.95% | — | Jul 2011 | THYUX vs PRFRX | |
| Fidelity Series High Income Fund | High Yield Bonds | 96 | 3.22% | — | Mar 2011 | THYUX vs FSHNX |
Compare THYUX with Any Fund or Stock
Compare THYUX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair THYUX with funds that move differently
Morgan Stanley Pathway Funds High Yield Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to THYUX.
Explore THYUX Diversifiers