CZAMX

Active

Multi-Manager Alternative Strategies Fund

Category: Other (5,046 funds)

Expense Ratio

1.28%

Annual Cost per $10K

$128.00

30-Year Fee Drag per $10K

$23,069

at 7% annual return

Fund Type

Mutual Fund

Active

Trailing 12-Month

+0.24%

Asset Allocation

US Equity

US Bond

54%

Intl Bond

16%

Cash

29%

Fee Comparison

CZAMX

1.28%

Other average

0.99%

Other cheapest

FCDSX

0.00%

Index benchmark

0.03%

29% more expensive than category average

Historical Returns

Monthly total returns (dividends reinvested) from SEC N-PORT filings · As of August 2025 · Updated quarterly

+5.61%3Y

Compare to

Fee Impact Calculator

Investment

Years

Annual Return

CZAMX at 1.28%$265,268

At index rates (0.03%)$377,424

Zero fees (theoretical)$380,613

Total fee drag$115,345

Cost vs index fund−$112,156

Similar Funds (100)

Ranked by allocation similarity weighted by fund size · Returns (dividends reinvested) from SEC N-PORT filings · As of August 2025

Ticker	Name	ER	1yr	3yr	5yr
CZAMX	Multi-Manager Alternative Strategies Fund	1.28%	+0.24%	+1.84%	+2.44%
PLDAX	PIMCO Low Duration Fund	0.75%	+4.81%	+4.18%	+1.42%
PUBAX	PIMCO Dynamic Bond Fund	1.31%	+7.99%	+6.17%	+2.74%
JPST	JPMorgan Ultra-Short Income ETF	0.18%	+4.98%	+5.10%	+3.12%
PLDIX	PIMCO Low Duration ESG Fund$1M min	0.61%	+5.02%	+4.36%	+1.54%
JMGIX	JPMorgan Managed Income Fund	0.25%	+4.89%	+4.95%	+2.98%
GIFMX	GuidePath Managed Futures Strategy Fund	1.53%	+7.79%	+10.21%	—
HYG	iShares iBoxx $ High Yield Corporate Bond ETF	0.49%	+8.21%	+8.86%	+4.39%
ULST	SPDR SSGA Ultra Short Term Bond ETF	0.20%	+4.74%	+5.16%	+3.11%
URUSX	Victory Ultra Short-Term Bond Fund	0.57%	+5.55%	+5.93%	+3.76%
PFIAX	PIMCO Low Duration Income Fund	1.21%	+7.78%	+6.80%	+4.10%
PIINX	PIMCO Income Fund	1.08%	+7.58%	+6.94%	+3.88%
VPVLDDV	PIMCO Low Duration Portfolio	0.67%	+4.87%	+4.18%	+1.33%
ATMAX	PIMCO Low Duration Opportunities Fund	0.91%	+6.94%	+5.67%	+2.54%
FADMX	Fidelity Advisor Strategic Income Fund	0.65%	+6.71%	+6.81%	+3.50%
BSCP	Invesco BulletShares 2025 Corporate Bond ETF	0.10%	+4.78%	+4.27%	+1.40%
SJNK	SPDR Bloomberg Short Term High Yield Bond ETF	0.40%	+7.99%	+8.91%	+5.99%
OSTIX	The Osterweis Strategic Income Fund	0.83%	+6.55%	+8.48%	+5.68%
ANBAX	American Funds Strategic Bond Fund	0.31%	+3.51%	+0.90%	-1.14%
FALN	iShares Fallen Angels USD Bond ETF	0.25%	+7.48%	+9.02%	+5.07%
USHY	iShares Broad USD High Yield Corporate Bond ETF	0.15%	+8.22%	+9.29%	+5.10%
PCCRX	PIMCO Credit Opportunities Bond Fund	0.82%	+6.08%	+6.29%	+3.27%
RSBRX	Strategic Bond Fund	0.45%	+3.01%	+2.63%	-0.89%
HYDB	iShares High Yield Systematic Bond ETF	0.35%	+7.49%	+9.57%	+5.77%
SHYG	iShares 0-5 Year High Yield Corporate Bond ETF	0.30%	+7.95%	+8.72%	+5.68%
IGIB	iShares 5-10 Year Investment Grade Corporate Bond ETF	0.04%	+5.91%	+6.01%	+0.90%
LUBOX	Lord Abbett Ultra Short Bond Fund	0.24%	+5.33%	+5.48%	+3.17%
GIOSX	Guggenheim Macro Opportunities Fund	0.93%	+6.89%	+7.20%	+4.48%
DTBRX	PGIM Total Return Bond Fund	0.75%	+3.50%	+3.82%	-0.44%
FCNQX	Fidelity Conservative Income Bond Fund	0.45%	-4.56%	—	—
NTIIX	Navigator Tactical Investment Grade Bond Fund$1M min	1.09%	-2.47%	+3.46%	—
JNK	SPDR(R) Bloomberg High Yield Bond ETF	0.40%	+7.79%	+8.79%	+4.30%
HYGV	FlexShares High Yield Value - Scored Bond Index Fund	0.37%	+7.40%	+8.47%	+4.81%
PSPAX	PIMCO StocksPLUS Fund	1.10%	+15.41%	+18.75%	+13.38%
SPIB	SPDR Portfolio Intermediate Term Corporate Bond ETF	0.04%	+5.72%	+5.47%	+1.42%
ACCBX	Invesco Corporate Bond Fund	0.41%	+3.66%	+4.66%	+0.44%
JSOAX	JPMorgan Strategic Income Opportunities Fund	0.60%	+4.39%	+4.51%	+2.83%
SPHY	SPDR Portfolio High Yield Bond ETF	0.05%	+8.17%	+9.26%	+5.43%
JDYRX	PGIM High Yield Fund	0.74%	+8.73%	+8.45%	+4.68%
USMSX	JPMorgan Ultra-Short Municipal Fund	0.38%	+3.04%	+3.02%	+1.53%
JMST	JPMorgan Ultra-Short Municipal Income ETF	0.18%	+3.25%	+3.80%	+2.27%
BBBMX	BBH Limited Duration Fund	0.35%	+5.75%	+6.27%	+3.89%
PTRAX	PIMCO Total Return Fund	0.76%	+4.31%	+3.82%	-0.30%
MAFRX	Victory Pioneer Multi-Asset Ultrashort Income Fund	0.58%	—	—	—
IGSB	iShares 1-5 Year Investment Grade Corporate Bond ETF	0.04%	+5.84%	+5.44%	+2.21%
BCAAX	BrandywineGLOBAL - CORPORATE CREDIT FUND	1.19%	+6.05%	+8.53%	—
ECSQX	Embark Commodity Strategy Fund	0.71%	+13.72%	—	—
THYFX	THRIVENT CONSERVATIVE ALLOCATION FUND	0.70%	+6.61%	+6.95%	+4.27%
PAMSX	PIMCO Short Asset Investment Fund	0.36%	+4.95%	+5.13%	+2.91%
CUSDX	Six Circles Ultra Short Duration Fund	0.20%	+5.08%	+5.31%	+3.08%
USIG	iShares Broad USD Investment Grade Corporate Bond ETF	0.04%	+4.26%	+4.89%	+0.19%
APDFX	Artisan High Income Fund	0.80%	+9.24%	+9.46%	+6.70%
FAGIX	Fidelity Capital and Income Fund	0.90%	+11.58%	+10.55%	+8.10%
WAPSX	Western Asset Core Plus Bond Fund	0.42%	+3.13%	+2.73%	-1.73%
GMBPX	Goldman Sachs Short-Term Conservative Income Fund	0.23%	+5.03%	+5.34%	+3.21%
GBFFX	GMO Benchmark-Free Fund	0.56%	+10.28%	+12.78%	+8.05%
LBNOX	LORD ABBETT BOND DEBENTURE FUND INC	0.62%	+6.90%	+6.32%	+3.00%
TUSHX	Transamerica UltraShort Bond	0.30%	—	—	—
FISRX	Franklin Income Fund	0.96%	+7.22%	+8.34%	+8.74%
FGQMX	Fidelity High Income Fund	1.85%	-14.57%	-27.88%	-33.00%
CWB	SPDR(R) Bloomberg Convertible Securities ETF	0.40%	+18.49%	+10.59%	+6.25%
LASNX	Loomis Sayles Strategic Alpha Fund	0.68%	+8.59%	+7.39%	+3.92%
PSFAX	PIMCO Short-Term Fund	0.73%	+5.17%	+5.31%	+2.97%
SPSB	SPDR Portfolio Short Term Corporate Bond ETF	0.04%	+5.33%	+5.00%	+2.36%
PIPAX	PIMCO StocksPLUS International Fund (U.S. Dollar-Hedged)	1.57%	+13.70%	+16.88%	+13.55%
PSTQX	PGIM Short-Term Corporate Bond Fund	0.38%	+5.71%	+5.60%	+2.27%
PHYAX	PIMCO High Yield Fund	0.85%	+6.59%	+8.18%	+3.99%
FTGC	First Trust Global Tactical Commodity Strategy Fund	0.98%	+13.99%	+4.04%	+13.47%
JNBZX	JPMorgan Income Builder Fund	0.52%	+8.56%	+8.82%	+5.71%
GPBFX	GMO Multi-Sector Fixed Income Fund	0.42%	+3.51%	+3.27%	-1.10%
PCLAX	PIMCO CommoditiesPLUS Strategy Fund	1.28%	+7.31%	+3.03%	+16.86%
GDIAX	Goldman Sachs Short Duration Bond Fund	1.11%	+5.09%	+4.80%	+1.71%
ANGL	VanEck Fallen Angel High Yield Bond ETF	0.25%	+7.43%	+8.11%	+4.60%
PGBAX	Diversified Income Fund	1.06%	+5.72%	+5.71%	+4.42%
FEUSX	Federated Hermes Government Ultrashort Fund	0.26%	+4.71%	+4.79%	+2.78%
MTBA	Simplify MBS ETF	0.15%	+4.10%	—	—
LDLAX	Lord Abbett Short Duration Income Fund	0.83%	+4.78%	+4.00%	+1.80%
USIAX	UBS Ultra Short Income Fund	0.35%	+4.73%	+4.81%	+2.71%
ACPSX	Invesco Core Plus Bond Fund	0.79%	+3.33%	+3.97%	-0.10%
HIGFX	American High Income Trust	0.32%	+8.36%	+9.55%	+6.83%
GTOQ	Invesco High Yield Bond Factor ETF	0.39%	+7.95%	+9.12%	—
MEAR	iShares Short Maturity Municipal Bond Active ETF	0.25%	+3.49%	+3.59%	+2.09%
LQD	iShares iBoxx $ Investment Grade Corporate Bond ETF	0.14%	+3.36%	+4.42%	-0.63%
FSHGX	Fidelity SAI High Income Fund	0.71%	+9.89%	+8.95%	—
SADAX	Allspring Ultra Short-Term Income Fund	0.51%	+5.31%	+5.53%	+3.28%
VHYLX	High Yield Bond Fund	0.68%	+8.20%	+8.95%	—
CINRX	Calvert Income Fund	0.64%	+6.16%	—	—
YEAR	AB Ultra Short Income ETF	0.25%	+4.72%	+5.24%	—
PGCAX	PIMCO Investment Grade Credit Bond Fund	1.34%	+4.38%	+5.04%	+0.05%
ETSIX	Eaton Vance Strategic Income Fund	1.46%	+8.98%	+7.99%	+4.86%
OAFIX	Optimum Fixed Income Fund	1.79%	+3.15%	+3.02%	-0.85%
MXSDX	Empower Short Duration Bond Fund	0.59%	+4.33%	+4.14%	+1.76%
GAEPX	Goldman Sachs Enhanced Income Fund	0.35%	+4.69%	+5.09%	+2.78%
GMDZX	MEDIUM-DURATION BOND FUND	0.68%	+3.60%	+3.31%	-0.94%
FAHDX	Fidelity Advisor Capital and Income Fund	1.18%	-12.99%	-26.88%	-30.70%
VRP	Invesco Variable Rate Preferred ETF	0.50%	+7.56%	+8.62%	+5.19%
CRHSX	Catholic Responsible Investments Ultra Short Bond Fund$1M min	0.35%	+4.52%	+4.71%	—
CLAAX	Columbia Multi Strategy Alternatives Fund	2.09%	+8.72%	+5.04%	+3.16%
PIXAX	PIMCO RAE PLUS Fund	1.39%	+9.91%	+14.73%	+14.15%
CCSAX	Columbia Commodity Strategy Fund	0.76%	+12.28%	+0.32%	+12.10%
LSYAX	Lord Abbett Short Duration High Yield Fund	1.05%	+7.79%	+9.07%	+6.05%

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