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 24. There are 175 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 Class I Shares | 100 | — | Jun 2019 | THYUX vs CCLFX | |
| RiverPark Short Term High Yield Fund | 100 | — | Sep 2010 | THYUX vs RPHIX | |
| Intrepid Income Fund | 97 | — | Aug 2010 | THYUX vs ICMUX | |
| Penn Capital Short Duration High Income Fund | 97 | — | Jul 2017 | THYUX vs PSHNX |
Top Performing THYUX Alternatives (YTD)
THYUX is at 1.59% YTD. There are 75 mutual funds in the High Yield Bonds category with higher YTD returns, going as high as 10.04%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Pioneer ILS Interval Fund | 10.04% | — | Dec 2014 | THYUX vs XILSX | |
| Fairholme Focused Income Fund | 9.48% | — | Dec 2009 | THYUX vs FOCIX | |
| Fidelity Capital & Income Fund | 5.47% | — | Nov 1977 | THYUX vs FAGIX | |
| Nuveen Global High Income Fund | 5.11% | — | Nov 2014 | THYUX vs JGH | |
| Fidelity Advisor High Income Advantage Fund Class ... | 4.93% | — | Oct 2018 | THYUX vs FIQTX |
Lowest Volatility Alternatives to THYUX
THYUX has 3.71% 1-year volatility. There are 156 mutual funds in the High Yield Bonds category with lower 1-year volatility, going as low as 0.83%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| RiverPark Short Term High Yield Fund | 0.83% | — | Sep 2010 | THYUX vs RPHIX | |
| Cliffwater Corporate Lending Fund Class I Shares | 0.85% | — | Jun 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 | 1.77% | — | Aug 2002 | THYUX vs OSTIX |
Lowest Drawdown Alternatives to THYUX
THYUX has a 1-year max drawdown of -2.11%. There are 49 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 | |
| Pioneer ILS Interval Fund | -0.10% | — | Dec 2014 | THYUX vs XILSX | |
| Cliffwater Corporate Lending Fund Class I Shares | -0.19% | — | Jun 2019 | THYUX vs CCLFX | |
| 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, EDD and span 5 categories.
Often Compared With THYUX
Investors most often compare THYUX with SHOYX, FAHCX, PRFRX. These 6 comparison targets span 1 categories, based on PortfoliosLab usage data.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| American Beacon SiM High Yield Opportunities Fund ... | High Yield Bonds | 96 | 1.93% | — | Feb 2011 | THYUX vs SHOYX | |
| Fidelity Advisor High Income Advantage Fund Class ... | High Yield Bonds | 71 | 4.88% | — | Jul 1995 | THYUX vs FAHCX | |
| T. Rowe Price Floating Rate Fund - Investor Class | High Yield Bonds | 90 | 1.84% | — | Jul 2011 | THYUX vs PRFRX | |
| Fidelity Advisor High Income Advantage Fund Class ... | High Yield Bonds | 67 | 4.77% | — | Jan 1987 | THYUX vs FAHYX | |
| American Beacon SiM High Yld Opps Fund | High Yield Bonds | 96 | 1.75% | — | Feb 2011 | THYUX vs SHYPX | |
| Fidelity Series High Income Fund | High Yield Bonds | 95 | 2.61% | — | 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