ACCBX vs. PIMIX
Compare and contrast key facts about Invesco Corporate Bond Fund (ACCBX) and PIMCO Income Fund Institutional Class (PIMIX).
ACCBX is managed by Invesco. It was launched on Sep 23, 1971. PIMIX is managed by PIMCO. It was launched on Mar 30, 2007.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ACCBX or PIMIX.
Correlation
The correlation between ACCBX and PIMIX is 0.12, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
ACCBX vs. PIMIX - Performance Comparison
Key characteristics
ACCBX:
0.86
PIMIX:
1.69
ACCBX:
1.28
PIMIX:
2.56
ACCBX:
1.15
PIMIX:
1.33
ACCBX:
0.32
PIMIX:
2.46
ACCBX:
2.37
PIMIX:
7.30
ACCBX:
1.98%
PIMIX:
0.94%
ACCBX:
5.46%
PIMIX:
4.07%
ACCBX:
-28.65%
PIMIX:
-13.39%
ACCBX:
-10.26%
PIMIX:
-1.12%
Returns By Period
In the year-to-date period, ACCBX achieves a 0.44% return, which is significantly lower than PIMIX's 2.43% return. Over the past 10 years, ACCBX has underperformed PIMIX with an annualized return of 2.10%, while PIMIX has yielded a comparatively higher 4.29% annualized return.
ACCBX
0.44%
0.16%
0.31%
4.35%
0.35%
2.10%
PIMIX
2.43%
0.28%
3.11%
6.78%
4.67%
4.29%
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ACCBX vs. PIMIX - Expense Ratio Comparison
ACCBX has a 0.72% expense ratio, which is higher than PIMIX's 0.62% expense ratio.
Risk-Adjusted Performance
ACCBX vs. PIMIX — Risk-Adjusted Performance Rank
ACCBX
PIMIX
ACCBX vs. PIMIX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco Corporate Bond Fund (ACCBX) and PIMCO Income Fund Institutional Class (PIMIX). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Dividends
ACCBX vs. PIMIX - Dividend Comparison
ACCBX's dividend yield for the trailing twelve months is around 4.67%, less than PIMIX's 5.70% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ACCBX Invesco Corporate Bond Fund | 4.67% | 5.02% | 4.56% | 3.83% | 4.90% | 5.98% | 3.67% | 4.22% | 4.16% | 3.67% | 3.91% | 3.96% |
PIMIX PIMCO Income Fund Institutional Class | 5.70% | 6.27% | 6.73% | 6.39% | 4.02% | 4.84% | 5.82% | 5.64% | 5.39% | 5.57% | 7.93% | 6.53% |
Drawdowns
ACCBX vs. PIMIX - Drawdown Comparison
The maximum ACCBX drawdown since its inception was -28.65%, which is greater than PIMIX's maximum drawdown of -13.39%. Use the drawdown chart below to compare losses from any high point for ACCBX and PIMIX. For additional features, visit the drawdowns tool.
Volatility
ACCBX vs. PIMIX - Volatility Comparison
Invesco Corporate Bond Fund (ACCBX) has a higher volatility of 1.80% compared to PIMCO Income Fund Institutional Class (PIMIX) at 1.60%. This indicates that ACCBX's price experiences larger fluctuations and is considered to be riskier than PIMIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.