Thornburg Strategic Income Fund (TSIIX) 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 TSIIX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to TSIIX
TSIIX charges 0.60% annually. There are 13 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 | TSIIX vs DBSCX | |
| Vanguard Multi-Sector Income Bond Fund Admiral Sha... | 0.30% | — | Oct 2021 | TSIIX vs VMSAX | |
| JPMorgan Income Fund | 0.40% | — | Jun 2014 | TSIIX vs JMSIX | |
| Boyd Watterson Limited Duration Enhanced Income Fu... | 0.40% | — | Jul 2016 | TSIIX vs BWDTX | |
| Mercer Opportunistic Fixed Income Fund | 0.44% | — | Aug 2013 | TSIIX vs MOFIX |
Best Risk-Adjusted Alternatives to TSIIX
TSIIX has a PortfoliosLab risk / return rank of 64. There are 31 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 | TSIIX vs NWXHX | |
| Nationwide Strategic Income A | 99 | — | Nov 2015 | TSIIX vs NWXEX | |
| Boyd Watterson Limited Duration Enhanced Income Fu... | 98 | — | Jul 2016 | TSIIX vs BWDTX | |
| Rational Special Situations Income Fund | 98 | — | Jul 2019 | TSIIX vs RFXIX | |
| CrossingBridge Low Duration High Yield Fund | 98 | — | Jan 2018 | TSIIX vs CBLDX |
Top Performing TSIIX Alternatives (YTD)
TSIIX is at 0.88% YTD. There are 58 mutual funds in the Multisector Bonds category with higher YTD returns, going as high as 4.77%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| abrdn Income Credit Strategies Fund | 4.77% | — | Jan 2011 | TSIIX vs ACP | |
| Western Asset Diversified Income Fund | 4.39% | — | Jun 2021 | TSIIX vs WDI | |
| Saba Capital Income & Opportunities Fund | 4.15% | — | Dec 1987 | TSIIX vs BRW | |
| BrandywineGLOBAL - Flexible Bond Fund | 3.51% | — | May 2016 | TSIIX vs LFLIX | |
| Eaton Vance Strategic Income Fund Class I | 2.78% | — | Apr 2009 | TSIIX vs ESIIX |
Lowest Volatility Alternatives to TSIIX
TSIIX has 2.72% 1-year volatility. There are 23 mutual funds in the Multisector Bonds category with lower 1-year volatility, going as low as 1.18%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Nationwide Amundi Strategic Income Fund | 1.18% | — | Nov 2015 | TSIIX vs NWXHX | |
| Nationwide Strategic Income A | 1.23% | — | Nov 2015 | TSIIX vs NWXEX | |
| Boyd Watterson Limited Duration Enhanced Income Fu... | 1.31% | — | Jul 2016 | TSIIX vs BWDTX | |
| Rational Special Situations Income Fund | 1.40% | — | Jul 2019 | TSIIX vs RFXIX | |
| CrossingBridge Low Duration High Yield Fund | 1.42% | — | Jan 2018 | TSIIX vs CBLDX |
Lowest Drawdown Alternatives to TSIIX
TSIIX has a 1-year max drawdown of -2.14%. There are 19 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 | TSIIX vs NWXHX | |
| Nationwide Strategic Income A | -0.43% | — | Nov 2015 | TSIIX vs NWXEX | |
| Rational Special Situations Income Fund | -0.72% | — | Jul 2019 | TSIIX vs RFXIX | |
| CrossingBridge Low Duration High Yield Fund | -0.73% | — | Jan 2018 | TSIIX vs CBLDX | |
| Boyd Watterson Limited Duration Enhanced Income Fu... | -1.00% | — | Jul 2016 | TSIIX vs BWDTX |
Other Mutual Funds from Thornburg
The 10 most viewed Thornburg mutual funds shown here include TIBIX, TIBAX, THOIX and span 5 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Thornburg Investment Income Builder Fund Class I | Diversified Portfolio | 98 | 16.85% | — | Dec 2002 | TSIIX vs TIBIX | |
| Thornburg Investment Income Builder Fund | Global Allocation | 98 | 16.76% | — | Dec 2002 | TSIIX vs TIBAX | |
| Thornburg Global Opportunities Fund | Foreign Large Cap Equities | 89 | 10.95% | — | Jul 2006 | TSIIX vs THOIX | |
| Thornburg Better World International Fund | Foreign Large Cap Equities | 24 | 4.94% | — | Sep 2015 | TSIIX vs TBWIX | |
| Thornburg International Equity Fund | Foreign Large Cap Equities | 57 | 11.16% | — | May 1998 | TSIIX vs TGVAX | |
| Thornburg Strategic Municipal Income Fund | Municipal Bonds | 88 | 2.14% | — | Mar 2009 | TSIIX vs TSSIX | |
| Thornburg Intermediate Municipal Fund | Municipal Bonds | 84 | 1.68% | — | Jul 1991 | TSIIX vs THIMX | |
| Thornburg Limited Term Municipal Fund | Municipal Bonds | 65 | 0.86% | — | Sep 1984 | TSIIX vs LTMFX | |
| Thornburg International Growth Fund | Foreign Large Cap Equities | 14 | 11.26% | — | Jan 2007 | TSIIX vs TINGX | |
| Thornburg Small/Mid Cap Core Fund | Large Cap Blend Equities | 20 | 13.70% | — | Oct 1995 | TSIIX vs TVAFX |
Often Compared With TSIIX
Investors most often compare TSIIX with FCFAX, PYLD, PTIAX. These 20 comparison targets span 11 categories, based on PortfoliosLab usage data.
Compare TSIIX with Any Fund or Stock
Compare TSIIX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair TSIIX with funds that move differently
Thornburg Strategic Income Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to TSIIX.
Explore TSIIX Diversifiers