MDFIX vs. PTY
Compare and contrast key facts about Matisse Discounted Bond CEF Strategy (MDFIX) and PIMCO Corporate & Income Opportunity Fund (PTY).
MDFIX is managed by Matisse Funds. It was launched on Apr 29, 2020. PTY is managed by FPA. It was launched on Dec 24, 2002.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: MDFIX or PTY.
Correlation
The correlation between MDFIX and PTY is 0.46, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
MDFIX vs. PTY - Performance Comparison
Key characteristics
MDFIX:
2.35
PTY:
2.05
MDFIX:
3.28
PTY:
2.38
MDFIX:
1.46
PTY:
1.58
MDFIX:
1.23
PTY:
0.90
MDFIX:
6.68
PTY:
6.70
MDFIX:
1.77%
PTY:
2.39%
MDFIX:
5.04%
PTY:
7.84%
MDFIX:
-26.69%
PTY:
-61.19%
MDFIX:
-1.09%
PTY:
-2.40%
Returns By Period
In the year-to-date period, MDFIX achieves a 3.08% return, which is significantly lower than PTY's 4.27% return.
MDFIX
3.08%
1.81%
2.33%
11.59%
N/A
N/A
PTY
4.27%
2.48%
9.03%
15.13%
4.25%
9.53%
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MDFIX vs. PTY - Expense Ratio Comparison
MDFIX has a 0.99% expense ratio, which is lower than PTY's 1.19% expense ratio.
Risk-Adjusted Performance
MDFIX vs. PTY — Risk-Adjusted Performance Rank
MDFIX
PTY
MDFIX vs. PTY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Matisse Discounted Bond CEF Strategy (MDFIX) and PIMCO Corporate & Income Opportunity Fund (PTY). 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
MDFIX vs. PTY - Dividend Comparison
MDFIX's dividend yield for the trailing twelve months is around 6.83%, less than PTY's 9.69% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MDFIX Matisse Discounted Bond CEF Strategy | 6.83% | 7.00% | 7.15% | 6.66% | 4.09% | 3.89% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
PTY PIMCO Corporate & Income Opportunity Fund | 9.69% | 9.93% | 10.77% | 13.12% | 9.16% | 8.74% | 8.89% | 10.63% | 9.48% | 11.81% | 12.67% | 13.90% |
Drawdowns
MDFIX vs. PTY - Drawdown Comparison
The maximum MDFIX drawdown since its inception was -26.69%, smaller than the maximum PTY drawdown of -61.19%. Use the drawdown chart below to compare losses from any high point for MDFIX and PTY. For additional features, visit the drawdowns tool.
Volatility
MDFIX vs. PTY - Volatility Comparison
Matisse Discounted Bond CEF Strategy (MDFIX) has a higher volatility of 1.18% compared to PIMCO Corporate & Income Opportunity Fund (PTY) at 0.62%. This indicates that MDFIX's price experiences larger fluctuations and is considered to be riskier than PTY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.