Virtus Global Multi-Sector Income Fund (VGI) 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 VGI. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to VGI
Among 101 mutual funds in the Multisector Bonds category with expense-ratio data, the lowest-cost alternatives shown here go as low as 0.02%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Eaton Vance Short Duration Diversified Income Fund | 0.02% | — | Feb 2005 | VGI vs EVG | |
| MFS Multimarket Income Trust | 0.03% | — | Mar 1987 | VGI vs MMT | |
| Nuveen Multi-Market Income Fund | 0.04% | — | Dec 1988 | VGI vs JMM | |
| KKR Income Opportunities Fund | 0.04% | — | Jul 2013 | VGI vs KIO | |
| Doubleline Selective Credit Fund | 0.05% | — | Aug 2014 | VGI vs DBSCX |
Best Risk-Adjusted Alternatives to VGI
VGI has a PortfoliosLab risk / return rank of 11. There are 84 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 | VGI vs NWXHX | |
| Nationwide Strategic Income A | 99 | — | Nov 2015 | VGI vs NWXEX | |
| Rational Special Situations Income Fund | 98 | — | Jul 2019 | VGI vs RFXIX | |
| Boyd Watterson Limited Duration Enhanced Income Fu... | 98 | — | Jul 2016 | VGI vs BWDTX | |
| Oaktree Diversified Income Fund Inc. Class D | 98 | — | Nov 2021 | VGI vs ODIDX |
Top Performing VGI Alternatives (YTD)
VGI is at -0.46% YTD. There are 82 mutual funds in the Multisector Bonds category with higher YTD returns, going as high as 5.54%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Brookfield Real Assets Income Fund Inc. | 5.54% | — | — | VGI vs RA | |
| Saba Capital Income & Opportunities Fund | 3.37% | — | Dec 1987 | VGI vs BRW | |
| BrandywineGLOBAL - Flexible Bond Fund | 2.86% | — | May 2016 | VGI vs LFLIX | |
| Nationwide Amundi Strategic Income Fund | 2.67% | — | Nov 2015 | VGI vs NWXHX | |
| abrdn Income Credit Strategies Fund | 2.65% | — | Jan 2011 | VGI vs ACP |
Lowest Volatility Alternatives to VGI
VGI has 7.88% 1-year volatility. There are 86 mutual funds in the Multisector Bonds category with lower 1-year volatility, going as low as 1.17%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Nationwide Amundi Strategic Income Fund | 1.17% | — | Nov 2015 | VGI vs NWXHX | |
| Nationwide Strategic Income A | 1.24% | — | Nov 2015 | VGI vs NWXEX | |
| Boyd Watterson Limited Duration Enhanced Income Fu... | 1.31% | — | Jul 2016 | VGI vs BWDTX | |
| Rational Special Situations Income Fund | 1.39% | — | Jul 2019 | VGI vs RFXIX | |
| Oaktree Diversified Income Fund Inc. Class D | 1.47% | — | Nov 2021 | VGI vs ODIDX |
Lowest Drawdown Alternatives to VGI
VGI has a 1-year max drawdown of -8.21%. There are 91 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 | VGI vs NWXHX | |
| Nationwide Strategic Income A | -0.43% | — | Nov 2015 | VGI vs NWXEX | |
| Rational Special Situations Income Fund | -0.72% | — | Jul 2019 | VGI vs RFXIX | |
| CrossingBridge Low Duration High Yield Fund | -0.73% | — | Jan 2018 | VGI vs CBLDX | |
| Boyd Watterson Limited Duration Enhanced Income Fu... | -1.00% | — | Jul 2016 | VGI vs BWDTX |
Other Mutual Funds from Virtus
The 10 most viewed Virtus mutual funds shown here include ASFYX, AIO, SAMBX and span 9 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Virtus AlphaSimplex Managed Futures Strategy Fund ... | Systematic Trend | 67 | 10.47% | — | Jul 2010 | VGI vs ASFYX | |
| Virtus Artificial Intelligence & Technology Opport... | Artificial Intelligence, Technology Equities | 25 | 22.73% | — | Oct 2019 | VGI vs AIO | |
| Virtus Seix Floating Rate High Income Fund | Bank Loan | 97 | 2.89% | — | Feb 2006 | VGI vs SAMBX | |
| Virtus KAR Small-Cap Core Fund | Mid Cap Growth Equities | 8 | 7.13% | — | Oct 1996 | VGI vs PKSFX | |
| Virtus KAR Small-Mid Cap Core Fund | Mid Cap Growth Equities | 1 | -4.34% | — | Mar 2018 | VGI vs VKSIX | |
| Virtus KAR Capital Growth Fund | Large Cap Growth Equities | 5 | 1.26% | — | Oct 1995 | VGI vs PSTAX | |
| Virtus KAR Mid-Cap Core Fund | Mid Cap Growth Equities | 4 | 0.96% | — | Jun 2009 | VGI vs VIMCX | |
| Virtus Stone Harbor Emerging Markets Income Fund | Emerging Markets Bonds | 37 | 13.59% | — | Dec 2010 | VGI vs EDF | |
| The Merger Fund | Event Driven | 97 | 1.74% | — | Jan 1989 | VGI vs MERFX | |
| Virtus KAR Small-Cap Growth Fund | Small Cap Growth Equities | 1 | -1.56% | — | Jun 2006 | VGI vs PXSGX |
Often Compared With VGI
Investors most often compare VGI with SPY, ASGI, SMH. These 20 comparison targets span 14 categories, based on PortfoliosLab usage data.
Compare VGI with Any Fund or Stock
Compare VGI with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair VGI with funds that move differently
Virtus Global Multi-Sector Income Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to VGI.
Explore VGI Diversifiers