MIAQX vs. AIBAX
Compare and contrast key facts about American Funds Multi-Sector Income Fund (MIAQX) and American Funds Intermediate Bond Fund of America (AIBAX).
MIAQX is managed by American Funds. It was launched on Mar 21, 2019. AIBAX is managed by American Funds. It was launched on Feb 19, 1988.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: MIAQX or AIBAX.
Correlation
The correlation between MIAQX and AIBAX is 0.02, 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
MIAQX vs. AIBAX - Performance Comparison
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Key characteristics
MIAQX:
1.48
AIBAX:
1.56
MIAQX:
2.16
AIBAX:
2.46
MIAQX:
1.29
AIBAX:
1.30
MIAQX:
1.52
AIBAX:
0.81
MIAQX:
5.44
AIBAX:
5.08
MIAQX:
1.07%
AIBAX:
1.19%
MIAQX:
4.03%
AIBAX:
3.78%
MIAQX:
-17.39%
AIBAX:
-12.76%
MIAQX:
-1.41%
AIBAX:
-1.29%
Returns By Period
In the year-to-date period, MIAQX achieves a 0.82% return, which is significantly lower than AIBAX's 2.29% return.
MIAQX
0.82%
2.29%
0.60%
6.16%
3.97%
N/A
AIBAX
2.29%
0.32%
2.48%
6.12%
0.26%
1.17%
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MIAQX vs. AIBAX - Expense Ratio Comparison
MIAQX has a 0.78% expense ratio, which is higher than AIBAX's 0.63% expense ratio.
Risk-Adjusted Performance
MIAQX vs. AIBAX — Risk-Adjusted Performance Rank
MIAQX
AIBAX
MIAQX vs. AIBAX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for American Funds Multi-Sector Income Fund (MIAQX) and American Funds Intermediate Bond Fund of America (AIBAX). 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.
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Dividends
MIAQX vs. AIBAX - Dividend Comparison
MIAQX's dividend yield for the trailing twelve months is around 6.17%, more than AIBAX's 3.65% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MIAQX American Funds Multi-Sector Income Fund | 6.17% | 6.07% | 5.82% | 4.53% | 3.40% | 4.01% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
AIBAX American Funds Intermediate Bond Fund of America | 3.65% | 3.99% | 3.32% | 2.14% | 0.91% | 3.25% | 3.56% | 1.66% | 1.11% | 1.72% | 1.43% | 1.24% |
Drawdowns
MIAQX vs. AIBAX - Drawdown Comparison
The maximum MIAQX drawdown since its inception was -17.39%, which is greater than AIBAX's maximum drawdown of -12.76%. Use the drawdown chart below to compare losses from any high point for MIAQX and AIBAX. For additional features, visit the drawdowns tool.
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Volatility
MIAQX vs. AIBAX - Volatility Comparison
American Funds Multi-Sector Income Fund (MIAQX) and American Funds Intermediate Bond Fund of America (AIBAX) have volatilities of 1.36% and 1.32%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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