Pioneer High Yield Fund (TYHYX) 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 TYHYX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to TYHYX
TYHYX charges 0.85% annually. There are 99 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 | TYHYX vs FHYSX | |
| Vanguard High-Yield Corporate Fund Admiral Shares | 0.12% | 25.80B | Nov 2001 | TYHYX vs VWEAX | |
| PIA High Yield (MACS) Fund | 0.20% | — | Dec 2017 | TYHYX vs PIAMX | |
| Vanguard High-Yield Corporate Fund Investor Shares | 0.22% | 25.80B | Dec 1978 | TYHYX vs VWEHX | |
| Six Circles Credit Opportunities Fund | 0.29% | — | Nov 2020 | TYHYX vs CRDOX |
Best Risk-Adjusted Alternatives to TYHYX
TYHYX has a PortfoliosLab risk / return rank of 73. There are 81 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 | TYHYX vs XILSX | |
| Cliffwater Corporate Lending Fund Class I Shares | 100 | — | Jun 2019 | TYHYX vs CCLFX | |
| RiverPark Short Term High Yield Fund | 100 | — | Sep 2010 | TYHYX vs RPHIX | |
| Intrepid Income Fund | 97 | — | Aug 2010 | TYHYX vs ICMUX | |
| Penn Capital Short Duration High Income Fund | 97 | — | Jul 2017 | TYHYX vs PSHNX |
Top Performing TYHYX Alternatives (YTD)
TYHYX is at 1.42% YTD. There are 86 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 | TYHYX vs XILSX | |
| Fairholme Focused Income Fund | 9.48% | — | Dec 2009 | TYHYX vs FOCIX | |
| Fidelity Capital & Income Fund | 5.47% | — | Nov 1977 | TYHYX vs FAGIX | |
| Nuveen Global High Income Fund | 5.11% | — | Nov 2014 | TYHYX vs JGH | |
| Fidelity Advisor High Income Advantage Fund Class ... | 4.93% | — | Oct 2018 | TYHYX vs FIQTX |
Lowest Volatility Alternatives to TYHYX
TYHYX has 3.34% 1-year volatility. There are 102 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 | TYHYX vs RPHIX | |
| Cliffwater Corporate Lending Fund Class I Shares | 0.85% | — | Jun 2019 | TYHYX vs CCLFX | |
| Chartwell Short Duration High Yield Fund | 1.51% | — | Jul 2014 | TYHYX vs CWFIX | |
| Shenkman Capital Short Duration High Income Fund | 1.64% | — | Oct 2012 | TYHYX vs SCFIX | |
| Osterweis Strategic Income Fund | 1.77% | — | Aug 2002 | TYHYX vs OSTIX |
Lowest Drawdown Alternatives to TYHYX
TYHYX has a 1-year max drawdown of -2.49%. There are 103 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 | |
|---|---|---|---|---|---|
| Pioneer ILS Interval Fund | -0.10% | — | Dec 2014 | TYHYX vs XILSX | |
| RiverPark Short Term High Yield Fund | -0.10% | — | Sep 2010 | TYHYX vs RPHIX | |
| Cliffwater Corporate Lending Fund Class I Shares | -0.19% | — | Jun 2019 | TYHYX vs CCLFX | |
| MainStay MacKay Short Duration High Yield Fund | -1.06% | — | Dec 2012 | TYHYX vs MDHVX | |
| Shenkman Capital Short Duration High Income Fund | -1.11% | — | Oct 2012 | TYHYX vs SCFIX |
Other Mutual Funds from Amundi
The 10 most viewed Amundi mutual funds shown here include PMFYX, PMAIX, PIODX and span 10 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Pioneer Multi-Asset Income Fund | Global Allocation | 93 | 7.54% | — | Dec 2011 | TYHYX vs PMFYX | |
| Pioneer Multi-Asset Income Fund A | Diversified Portfolio, Dividend | 92 | 7.43% | — | Dec 2011 | TYHYX vs PMAIX | |
| Pioneer Fund | Large Cap Blend Equities | 33 | 7.19% | — | Feb 1928 | TYHYX vs PIODX | |
| Pioneer Core Equity Fund | Large Cap Blend Equities | 70 | 12.15% | — | Nov 1999 | TYHYX vs PIOTX | |
| Pioneer Disciplined Growth Fund | Large Cap Growth Equities | 21 | 7.02% | — | Dec 2005 | TYHYX vs PINDX | |
| Pioneer Securitized Income Fund | Nontraditional Bonds | 80 | 2.11% | — | Dec 2019 | TYHYX vs SYFFX | |
| Pioneer Fundamental Growth Fund | Large Cap Growth Equities | 13 | 4.64% | — | Aug 2002 | TYHYX vs PIGFX | |
| Pioneer Multi-Asset Ultrashort Income Fund | Ultrashort Bond | 99 | 1.87% | — | Apr 2011 | TYHYX vs MYFRX | |
| Pioneer Global Sustainable Equity Fund Class A | Global Equities, Sustainable | 84 | 13.52% | — | Dec 2005 | TYHYX vs GLOSX | |
| Pioneer Mid Cap Value Fund | Mid Cap Value Equities | 85 | 18.97% | — | Jul 1990 | TYHYX vs PCGRX |
Often Compared With TYHYX
Investors most often compare TYHYX with SIHAX, HFXI, DODIX. These 20 comparison targets span 7 categories, based on PortfoliosLab usage data.
Compare TYHYX with Any Fund or Stock
Compare TYHYX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair TYHYX with funds that move differently
Pioneer High Yield Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to TYHYX.
Explore TYHYX Diversifiers