Thornburg Investment Income Builder Fund (TIBAX) belongs to the Global Allocation category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with TIBAX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to TIBAX
TIBAX charges 1.14% annually. There are 55 mutual funds in the Global Allocation category with lower expense ratios, going as low as 0.02%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| GMO Implementation Fund | 0.02% | — | Feb 2012 | TIBAX vs GIMFX | |
| Goldman Sachs Growth Strategy Portfolio | 0.19% | — | Jan 1998 | TIBAX vs GGSIX | |
| Voya Global Perspectives Portfolio | 0.20% | — | Apr 2013 | TIBAX vs IPIRX | |
| MH Elite Select Portfolio of Funds Fund | 0.21% | — | Apr 2006 | TIBAX vs MHESX | |
| Janus Henderson Global Allocation Fund - Moderate | 0.25% | — | Dec 2005 | TIBAX vs JNSMX |
Best Risk-Adjusted Alternatives to TIBAX
TIBAX has a PortfoliosLab risk / return rank of 98. No mutual funds in the Global Allocation category have higher risk-adjusted ranks; the top alternatives shown here go as high as 97.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| GMO Benchmark-Free Fund | 97 | — | Jun 2011 | TIBAX vs GBFFX | |
| GMO Benchmark-Free Allocation Fund | 97 | — | Jul 2003 | TIBAX vs GBMFX | |
| GMO Implementation Fund | 97 | — | Feb 2012 | TIBAX vs GIMFX | |
| Principal Diversified Select Real Asset Fund | 97 | — | Jul 2019 | TIBAX vs PDSYX | |
| Hartford Real Asset Fund | 97 | — | May 2010 | TIBAX vs HRLYX |
Top Performing TIBAX Alternatives (YTD)
TIBAX is at 18.98% YTD. No mutual funds in the Global Allocation category have higher YTD returns; the top-performing alternatives shown here go as high as 17.25%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Calamos Global Total Return Fund | 17.25% | — | Oct 2005 | TIBAX vs CGO | |
| Calamos Global Dynamic Income Fund | 16.99% | — | Jun 2007 | TIBAX vs CHW | |
| Wilmington Real Asset Fund | 16.46% | — | Jun 2003 | TIBAX vs WMRIX | |
| Nuveen Multi-Asset Income Fund | 15.72% | — | Nov 2021 | TIBAX vs NMAI | |
| GMO Implementation Fund | 14.93% | — | Feb 2012 | TIBAX vs GIMFX |
Lowest Volatility Alternatives to TIBAX
TIBAX has 9.00% 1-year volatility. There are 35 mutual funds in the Global Allocation category with lower 1-year volatility, going as low as 3.03%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Principal Diversified Select Real Asset Fund | 3.03% | — | Jul 2019 | TIBAX vs PDSYX | |
| PFG BNY Mellon Diversifier Strategy Fund | 4.42% | — | Dec 2017 | TIBAX vs PFADX | |
| LoCorr Macro Strategies Fund Class I | 5.78% | — | Mar 2011 | TIBAX vs LFMIX | |
| Nuveen Real Asset Income Fund | 5.79% | — | Sep 2011 | TIBAX vs NRIIX | |
| Pioneer Multi-Asset Income Fund | 5.96% | — | Dec 2011 | TIBAX vs PMFYX |
Lowest Drawdown Alternatives to TIBAX
TIBAX has a 1-year max drawdown of -5.43%. There are 12 mutual funds in the Global Allocation category with shallower 1-year drawdowns, going as shallow as -1.98%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Principal Diversified Select Real Asset Fund | -1.98% | — | Jul 2019 | TIBAX vs PDSYX | |
| LoCorr Macro Strategies Fund Class I | -3.48% | — | Mar 2011 | TIBAX vs LFMIX | |
| PFG BNY Mellon Diversifier Strategy Fund | -3.63% | — | Dec 2017 | TIBAX vs PFADX | |
| Pioneer Multi-Asset Income Fund | -4.08% | — | Dec 2011 | TIBAX vs PMFYX | |
| Morningstar Global Income Fund | -4.38% | — | Nov 2018 | TIBAX vs MSTGX |
Other Mutual Funds from Thornburg
The 10 most viewed Thornburg mutual funds shown here include TIBIX, THOIX, TSIIX and span 5 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Thornburg Investment Income Builder Fund Class I | Diversified Portfolio | 98 | 19.05% | — | Dec 2002 | TIBAX vs TIBIX | |
| Thornburg Global Opportunities Fund | Foreign Large Cap Equities | 92 | 13.61% | — | Jul 2006 | TIBAX vs THOIX | |
| Thornburg Strategic Income Fund | Multisector Bonds | 37 | 0.18% | — | Dec 2007 | TIBAX vs TSIIX | |
| Thornburg Better World International Fund | Foreign Large Cap Equities | 32 | 7.16% | — | Sep 2015 | TIBAX vs TBWIX | |
| Thornburg International Equity Fund | Foreign Large Cap Equities | 76 | 14.45% | — | May 1998 | TIBAX vs TGVAX | |
| Thornburg Strategic Municipal Income Fund | Municipal Bonds | 73 | 0.97% | — | Mar 2009 | TIBAX vs TSSIX | |
| Thornburg Limited Term Municipal Fund | Municipal Bonds | 44 | 0.04% | — | Sep 1984 | TIBAX vs LTMFX | |
| Thornburg Intermediate Municipal Fund | Municipal Bonds | 70 | 0.45% | — | Jul 1991 | TIBAX vs THIMX | |
| Thornburg International Growth Fund | Foreign Large Cap Equities | 15 | 8.91% | — | Jan 2007 | TIBAX vs TINGX | |
| Thornburg Small/Mid Cap Core Fund | Large Cap Blend Equities | 22 | 13.47% | — | Oct 1995 | TIBAX vs TVAFX |
Often Compared With TIBAX
Investors most often compare TIBAX with SGENX, PMAIX, HFQAX. These 20 comparison targets span 11 categories, based on PortfoliosLab usage data.
Compare TIBAX with Any Fund or Stock
Compare TIBAX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair TIBAX with funds that move differently
Thornburg Investment Income Builder Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to TIBAX.
Explore TIBAX Diversifiers