Vanguard Multi-Sector Income Bond Inv (VMSIX) 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 VMSIX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to VMSIX
VMSIX charges 0.45% annually. There are 5 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 | VMSIX vs DBSCX | |
| Vanguard Multi-Sector Income Bond Fund Admiral Sha... | 0.30% | — | Oct 2021 | VMSIX vs VMSAX | |
| Boyd Watterson Limited Duration Enhanced Income Fu... | 0.40% | — | Jul 2016 | VMSIX vs BWDTX | |
| JPMorgan Income Fund | 0.40% | — | Jun 2014 | VMSIX vs JMSIX | |
| Mercer Opportunistic Fixed Income Fund | 0.44% | — | Aug 2013 | VMSIX vs MOFIX |
Best Risk-Adjusted Alternatives to VMSIX
VMSIX has a PortfoliosLab risk / return rank of 84. There are 19 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 | VMSIX vs NWXHX | |
| Nationwide Strategic Income A | 99 | — | Nov 2015 | VMSIX vs NWXEX | |
| Boyd Watterson Limited Duration Enhanced Income Fu... | 98 | — | Jul 2016 | VMSIX vs BWDTX | |
| Rational Special Situations Income Fund | 98 | — | Jul 2019 | VMSIX vs RFXIX | |
| CrossingBridge Low Duration High Yield Fund | 98 | — | Jan 2018 | VMSIX vs CBLDX |
Top Performing VMSIX Alternatives (YTD)
VMSIX is at 1.35% YTD. There are 35 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 | VMSIX vs ACP | |
| Western Asset Diversified Income Fund | 4.39% | — | Jun 2021 | VMSIX vs WDI | |
| Saba Capital Income & Opportunities Fund | 4.15% | — | Dec 1987 | VMSIX vs BRW | |
| BrandywineGLOBAL - Flexible Bond Fund | 3.51% | — | May 2016 | VMSIX vs LFLIX | |
| Eaton Vance Strategic Income Fund Class I | 2.78% | — | Apr 2009 | VMSIX vs ESIIX |
Lowest Volatility Alternatives to VMSIX
VMSIX has 2.47% 1-year volatility. There are 17 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 | VMSIX vs NWXHX | |
| Nationwide Strategic Income A | 1.23% | — | Nov 2015 | VMSIX vs NWXEX | |
| Boyd Watterson Limited Duration Enhanced Income Fu... | 1.31% | — | Jul 2016 | VMSIX vs BWDTX | |
| Rational Special Situations Income Fund | 1.40% | — | Jul 2019 | VMSIX vs RFXIX | |
| CrossingBridge Low Duration High Yield Fund | 1.42% | — | Jan 2018 | VMSIX vs CBLDX |
Lowest Drawdown Alternatives to VMSIX
VMSIX has a 1-year max drawdown of -2.20%. There are 21 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 | VMSIX vs NWXHX | |
| Nationwide Strategic Income A | -0.43% | — | Nov 2015 | VMSIX vs NWXEX | |
| Rational Special Situations Income Fund | -0.72% | — | Jul 2019 | VMSIX vs RFXIX | |
| CrossingBridge Low Duration High Yield Fund | -0.73% | — | Jan 2018 | VMSIX vs CBLDX | |
| Boyd Watterson Limited Duration Enhanced Income Fu... | -1.00% | — | Jul 2016 | VMSIX vs BWDTX |
Other Mutual Funds from Vanguard
The 10 most viewed Vanguard mutual funds shown here include VTSAX, VFIAX, VTIAX and span 8 categories. AUM among these funds goes as high as $2T.
Often Compared With VMSIX
Investors most often compare VMSIX with PIMIX, JPIE, VCPAX. These 20 comparison targets span 7 categories, based on PortfoliosLab usage data.
Compare VMSIX with Any Fund or Stock
Compare VMSIX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair VMSIX with funds that move differently
Vanguard Multi-Sector Income Bond Inv alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to VMSIX.
Explore VMSIX Diversifiers