These are the ten best multi-sector bond funds

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Investing in bonds is a good option for those who don’t want to take too much risk and are ok with a fixed yield. These investors can further reduce their risk and increase their chances of obtaining a higher return by investing in multi-sector bond funds. These funds diversify their holdings among several fixed income sectors, such as government bonds, foreign bonds, corporate bonds and high yield debt securities. If you are also considering investing in such securities, to help you select, below are the top ten cross-sector bond funds.

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Top ten multi-sector bond funds

We referred to the data for the last year (US News) to rank the top ten multi-sector bond funds. Here are the top ten multi-sector bond funds:

  1. Yorktown Multi-Sector Bond Fund (MUTF: APIUX, 11%)

APIUX invests directly in equities or debt securities. This fund has returned over 3% over the past six months and over 2% over the past three years. APIUX has total assets of over $ 470 million and an expense ratio of 1.13. The two main holdings of the fund are The Hartford Financial Services Group, Inc. 2.28% and Enstar Group Ltd 4.95%.

  1. Frost Credit Fund (MUTF: FCFBX, 11%)

FCFBX invests primarily in fixed income securities of US and foreign corporate issuers, such as mortgage backed securities, corporate bonds, etc. This fund has returned over 3% over the past six months and over 5% over the past three years. FCFBX has total assets of over $ 176 million and an expense ratio of 1.11. The fund’s two largest holdings are Sudbury Mill CLO Ltd. 4.88% and Race Point IX CLO, Limited / Corp 2.28%.

  1. Multi-sector bond SMA port of completion (MUTF: MBSAX, 11%)

MBSAX invests primarily in the bond / debt markets. This fund has returned over 2% over the past six months and has total assets of over $ 13 million. The fund’s two main holdings are Columbia Short-Term Cash and DT AUTO OWNER TRUST 2.74%.

  1. Nationwide Amundi Strategic Income Fund (MUTF: NWXEX, 12%)

NWXEX may invest in US government securities and foreign government bonds. It may also invest in bonds and debentures of US and foreign companies. This fund has returned over 2% over the past six months and over 5% over the past three years. NWXEX has total assets of over $ 147 million and an expense ratio of 0.99. The two main holdings of the fund are Ultra 10 Year US Treasury Future Note on September 21 and Future 5-year Treasury Note on September 21.

  1. Braddock Multi-Strategy Income Fund (MUTF: BDKAX, 13%)

BDKAX invests primarily in asset-backed debt securities and may also invest in illiquid securities. This fund has returned over 2% over the past six months and over -7% over the past three years. BDKAX has total assets of over $ 670 million and an expense ratio of 1.78. The two main holdings of the fund are MS Liquidity Fds Euro Lqdy Instl Acc and Pnmac Gsmr Issuer Trust 2.76%.

  1. Thrivent Multidimensional Income Fund (MUTF: TMLDX, 14%)

TMLDX invests in numerous asset classes and strategies that generate income and growth. This fund has returned over 5% over the past six months and over 6% over the past three years. TMLDX has total assets of over $ 53 million and an expense ratio of 1.17. The fund’s two main holdings are Thrivent Core Emerging Markets Debt and SPDR® Blmbg Barclays High Yield Bd ETF.

  1. Intrepid Income Fund (MUTF: ICMUX, 18%)

ICMUX invests primarily in high yield corporate debt securities, convertible debt, bank debt and US government securities. This fund has returned over 6% over the past six months and over 7% over the past three years. ICMUX has total assets of over $ 158 million and expense ratio of 0.91. The two main holdings of the fund are CURALEAF T / L and Invesco Shrt-Trm Inv Treasury Instl.

  1. AlphaCentric Income Opportunities Fund (MUTF: IOFAX, 23%)

IOFAX invests primarily in fixed income asset backed securities including aircraft backed securities, equipment leases, credit card receivables, student loans, etc. This fund has returned over 6% over the past six months. IOFAX has total assets of over $ 3.9 billion and an expense ratio of 1.74. The two main holdings of the fund are iShares MBS ETF and Vanguard Mortgage Backed ETFs.

  1. Pioneer Securitized Income Fund (MUTF: SIFFX, 24%)

SIFFX normally invests in securitized asset instruments. It can also invest in structured investments, such as custodial receipts, credit notes (CLN) and variable rate mortgages (ARM). This fund has returned over 4% over the past six months. SIFFX has total assets of over $ 21 million and an expense ratio of 0.90. The two main holdings of the fund are VELOCITY COMMERCIAL CAPITAL LOAN TRUST 5.69% and Rmf Buyout Issuance Trust 2020-1 6%.

  1. Matisse Discounted Bond CEF Strategy (MUTF: MDFIX, 24%)

MDFIX normally invests in discounted portfolio funds which invest primarily in bonds. It also invests in loans, preferred securities, convertible securities and other instruments. This fund has returned over 7% over the past six months. MDFIX has total assets of over $ 29 million and expense ratio of 3.43. The fund’s two main holdings are Fidelity® Inv MM Fds Government I and Delaware MN Muni Income II.


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