NMHYX

Active

Multi-Manager High Yield Opportunity Fund

Category: US Bond (5,386 funds)

Expense Ratio

0.69%

Annual Cost per $10K

$69.00

30-Year Fee Drag per $10K

$13,429

at 7% annual return

Fund Type

Mutual Fund

Active

Trailing 12-Month

+8.14%

Asset Allocation

US Equity

US Bond

73%

Intl Bond

13%

Cash

11%

Fee Comparison

NMHYX

0.69%

US Bond average

0.76%

US Bond cheapest

ABIMX

0.00%

Index benchmark

0.03%

9% cheaper than category average

Historical Returns

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

+31.57%3Y

Compare to

Fee Impact Calculator

Investment

Years

Annual Return

NMHYX at 0.69%$313,468

At index rates (0.03%)$377,424

Zero fees (theoretical)$380,613

Total fee drag$67,145

Cost vs index fund−$63,956

Similar Funds (100)

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

Ticker	Name	ER	1yr	3yr	5yr
NMHYX	Multi-Manager High Yield Opportunity Fund	0.69%	+8.14%	+9.58%	+5.71%
PIINX	PIMCO Income Fund	1.08%	+9.19%	+8.66%	+4.05%
JDYRX	PGIM High Yield Fund	0.74%	+8.73%	+8.45%	+4.68%
ANBAX	American Funds Strategic Bond Fund	0.31%	+5.38%	+3.74%	-1.00%
WAPSX	Western Asset Core Plus Bond Fund	0.42%	+5.71%	+5.73%	-1.36%
PTRAX	PIMCO Total Return Fund	0.76%	+6.87%	+6.36%	+0.01%
HIGFX	American High Income Trust	0.32%	+8.57%	+10.59%	+7.12%
ABNDX	Bond Fund of America	1.04%	+5.29%	+4.96%	-0.25%
USHY	iShares Broad USD High Yield Corporate Bond ETF	0.15%	+8.26%	+10.15%	+5.43%
BBBMX	BBH Limited Duration Fund	0.35%	+5.63%	+6.69%	+4.01%
LQD	iShares iBoxx $ Investment Grade Corporate Bond ETF	0.14%	+3.36%	+4.42%	-0.63%
FCNQX	Fidelity Conservative Income Bond Fund	0.45%	-4.56%	—	—
JNK	SPDR(R) Bloomberg High Yield Bond ETF	0.40%	+8.58%	+9.85%	+4.80%
HYG	iShares iBoxx $ High Yield Corporate Bond ETF	0.49%	+8.21%	+8.86%	+4.39%
PHYAX	PIMCO High Yield Fund	0.85%	+7.83%	+9.11%	+4.47%
BBCPX	Bridge Builder Core Plus Bond Fund	0.16%	+6.72%	+6.55%	+0.85%
OSTIX	The Osterweis Strategic Income Fund	0.83%	+6.57%	+9.22%	+5.67%
CWB	SPDR(R) Bloomberg Convertible Securities ETF	0.40%	+18.40%	+13.28%	+7.63%
BCOSX	Baird Core Plus Bond Fund	0.55%	+5.41%	+6.17%	+0.14%
SPIB	SPDR Portfolio Intermediate Term Corporate Bond ETF	0.04%	+6.90%	+7.15%	+1.62%
SPSB	SPDR Portfolio Short Term Corporate Bond ETF	0.04%	+5.73%	+5.85%	+2.51%
ACPSX	Invesco Core Plus Bond Fund	0.79%	+3.33%	+3.97%	-0.10%
VWEAX	VANGUARD HIGH-YIELD CORPORATE FUND	0.22%	+8.45%	+9.43%	+4.79%
LFROX	Lord Abbett Floating Rate Fund	0.54%	+6.93%	+8.70%	+6.88%
BAGSX	Baird Aggregate Bond Fund	0.55%	+5.24%	+5.74%	-0.32%
SHYG	iShares 0-5 Year High Yield Corporate Bond ETF	0.30%	+7.49%	+8.94%	+5.93%
FBKWX	Fidelity Total Bond Fund	0.75%	+3.99%	+4.27%	+0.57%
DODIX	Dodge & Cox Income Fund$1M min	0.41%	+6.05%	+6.88%	+1.27%
GIBRX	Guggenheim Total Return Bond Fund	0.49%	+6.52%	+7.11%	+0.66%
GMDZX	MEDIUM-DURATION BOND FUND	0.68%	+6.03%	+5.88%	-0.57%
SPHY	SPDR Portfolio High Yield Bond ETF	0.05%	+8.60%	+10.27%	+5.85%
IDPAX	Intermediate Duration Portfolio	0.28%	+2.40%	+4.61%	-0.84%
CMBKX	American Funds Multi-Sector Income Fund	0.70%	+7.28%	+9.22%	+3.57%
PFIAX	PIMCO Low Duration Income Fund	1.21%	+8.83%	+8.12%	+4.32%
STYAX	Allspring Core Plus Bond Fund	0.67%	+3.30%	+3.50%	+2.07%
HYSAX	PGIM Short Duration High Yield Income Fund	1.00%	+7.50%	+8.02%	+5.38%
USIG	iShares Broad USD Investment Grade Corporate Bond ETF	0.04%	+4.26%	+4.89%	+0.19%
APDFX	Artisan High Income Fund	0.80%	+9.10%	+10.47%	+6.90%
JCPPX	JPMorgan Core Plus Bond Fund	1.14%	+3.47%	+3.44%	-0.03%
VFSTX	VANGUARD SHORT-TERM INVESTMENT-GRADE FUND	0.07%	+6.38%	+6.33%	+2.19%
SJNK	SPDR Bloomberg Short Term High Yield Bond ETF	0.40%	+7.81%	+9.47%	+6.26%
BSBSX	Baird Short-Term Bond Fund	0.55%	+5.23%	+5.38%	+2.09%
VFICX	VANGUARD INTERMEDIATE-TERM INVESTMENT-GRADE FUND	0.20%	+8.23%	+8.13%	+1.09%
URHIX	Victory High Income Fund	0.79%	+8.35%	+9.88%	+5.75%
CCBFX	Capital Group Central Corporate Bond Fund	—	+3.73%	+4.53%	—
JSDUX	JPMorgan Short Duration Bond Fund	0.28%	+5.14%	+4.80%	+2.32%
BUBSX	Baird Ultra Short Bond Fund	0.40%	+4.66%	+5.21%	+3.07%
IGIB	iShares 5-10 Year Investment Grade Corporate Bond ETF	0.04%	+5.91%	+6.01%	+0.90%
TSRSX	Thornburg Strategic Income Fund	0.53%	+6.59%	+7.11%	+3.54%
EIBRX	Eaton Vance Income Fund of Boston	0.66%	+7.89%	+9.49%	+5.83%
LDLVX	Lord Abbett Short Duration Income Fund	0.32%	+5.74%	+4.94%	+2.70%
FIHAX	Federated Hermes Institutional High Yield Bond Fund	0.75%	+7.20%	—	—
SADAX	Allspring Ultra Short-Term Income Fund	0.51%	+5.31%	+5.53%	+3.28%
TAHBX	Transamerica High Yield Bond	0.61%	+7.75%	+8.81%	+5.01%
FSHGX	Fidelity SAI High Income Fund	0.71%	+9.82%	+10.06%	—
JHYUX	JPMorgan High Yield Fund	0.50%	+8.26%	+8.74%	+5.45%
BSCS	Invesco BulletShares 2028 Corporate Bond ETF	0.10%	+5.46%	+5.24%	+0.97%
ISTBX	Invesco Short Term Bond Fund	0.47%	+5.11%	+5.09%	+2.32%
HYLB	Xtrackers USD High Yield Corporate Bond ETF	0.05%	+8.17%	+9.00%	+4.61%
FSMTX	Fidelity SAI Total Bond Fund	0.29%	+4.17%	+4.37%	+0.79%
LGBNX	Loomis Sayles Investment Grade Bond Fund	0.44%	+5.36%	+6.49%	+1.57%
MRBBX	MFS Total Return Bond Fund	0.60%	+5.35%	+5.64%	-0.40%
VCOBX	VANGUARD CORE BOND FUND	0.10%	+5.80%	+5.84%	-0.01%
IGLB	iShares 10+ Year Investment Grade Corporate Bond ETF	0.04%	+0.78%	+3.15%	-2.57%
TRKZX	T. Rowe Price High Yield Fund, Inc.	0.60%	+8.32%	+9.55%	+5.47%
IUSB	iShares Core Universal USD Bond ETF	0.06%	+6.50%	+6.20%	+0.26%
HYS	PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund	0.56%	+8.78%	+9.65%	+6.47%
SKCRX	DWS Enhanced Commodity Strategy Fund	0.95%	+6.21%	+0.75%	+9.02%
NERNX	Loomis Sayles Core Plus Bond Fund	0.39%	+5.79%	+5.96%	+0.19%
NRSIX	Neuberger Berman Strategic Income Fund	0.51%	+9.22%	+9.46%	+4.29%
CHIAX	Credit Suisse Floating Rate High Income Fund	0.95%	+5.21%	+8.54%	+6.24%
ACCBX	Invesco Corporate Bond Fund	0.41%	+3.66%	+4.66%	+0.44%
MAFRX	Victory Pioneer Multi-Asset Ultrashort Income Fund	0.58%	—	—	—
BGHAX	BrandywineGLOBAL - HIGH YIELD FUND	0.89%	+6.64%	+10.53%	—
BIMSX	Baird Intermediate Bond Fund	0.55%	+5.68%	+5.54%	+0.81%
LUBOX	Lord Abbett Ultra Short Bond Fund	0.24%	+5.33%	+5.48%	+3.17%
CBORX	Calvert Bond Fund	0.46%	+6.51%	+6.92%	+1.37%
PBFKX	Victory Pioneer Bond Fund	0.36%	—	—	—
PIPAX	PIMCO StocksPLUS International Fund (U.S. Dollar-Hedged)	1.57%	+21.78%	+19.50%	+15.68%
FZOLX	Fidelity SAI Low Duration Bond Fund	0.20%	+5.04%	+5.18%	—
PGCAX	PIMCO Investment Grade Credit Bond Fund	1.34%	+6.46%	+7.54%	+0.46%
SDICX	Guggenheim Core Bond Fund	0.53%	+5.14%	+5.73%	-0.74%
RIGRX	Investment Grade Bond Fund	0.38%	+6.32%	+5.40%	-0.37%
TRZOX	T. Rowe Price Short-Term Bond Fund, Inc.	0.31%	+5.66%	+4.95%	—
IGSB	iShares 1-5 Year Investment Grade Corporate Bond ETF	0.04%	+5.84%	+5.44%	+2.21%
FFTSX	Short-Term Bond Fund of America	0.35%	+5.04%	+4.14%	+1.76%
SSTHX	Allspring Short-Term High Income Fund	0.82%	+5.75%	+6.57%	+3.90%
TIHPX	Nuveen High Yield Fund	0.50%	+7.99%	+9.67%	+5.23%
BSCQ	Invesco BulletShares 2026 Corporate Bond ETF	0.10%	+4.75%	+4.39%	+0.97%
IIBAX	VOYA INTERMEDIATE BOND FUND	1.43%	+5.27%	+6.06%	-0.11%
SPBO	SPDR Portfolio Corporate Bond ETF	0.03%	+6.14%	+7.60%	+0.50%
SIIDX	Bernstein Intermediate Duration Institutional Portfolio$1M min	0.45%	+2.82%	+5.29%	-0.18%
BSCR	Invesco BulletShares 2027 Corporate Bond ETF	0.10%	+4.96%	+4.67%	+1.03%
BHIMX	Brigade High Income Fund	0.53%	+8.09%	—	—
MHIKX	MFS High Income Fund	0.52%	+7.98%	+9.68%	+4.68%
TRVZX	T. Rowe Price New Income Fund, Inc.	0.32%	+3.45%	+2.95%	-0.33%
TAFLX	Transamerica Bond	0.44%	+6.43%	+6.14%	+0.80%
PCKTX	PIMCO StocksPLUS Small Fund	1.00%	+15.55%	-3.19%	—
FBND	Fidelity Total Bond ETF	0.36%	+3.85%	+4.04%	+0.36%
CUBRX	Calvert Flexible Bond Fund	0.57%	+8.04%	+8.38%	+5.36%
PSJIX	Short-Term Income Fund	0.63%	+5.24%	+5.66%	+2.13%

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