Thrivent Municipal Bond Fund (AAMBX) Alternatives
Thrivent Municipal Bond Fund (AAMBX) belongs to the Municipal Bonds category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with AAMBX. Use the tables to find lower-cost options, better risk-adjusted returns, or funds that fit a different role in your portfolio.
Cheapest Alternatives to AAMBX
AAMBX charges 0.74% annually. Among mutual funds in the Municipal Bonds category, these options have the lowest expense ratios among AAMBX alternatives.
| Symbol | Name | Expense Ratio | Inception | |
|---|---|---|---|---|
| Western Asset SMASh Series TF Fund | 0.01% | Dec 22, 2015 | AAMBX vs LSMSX | |
| Nuveen Municipal Total Return Managed Accounts | 0.05% | May 30, 2007 | AAMBX vs NMTRX | |
| Federated Hermes Conservative Municipal Microshort... | 0.05% | Feb 2, 2021 | AAMBX vs FHMIX | |
| Strategic Advisers Municipal Bond Fund | 0.06% | Jun 24, 2021 | AAMBX vs FSMUX | |
| Fidelity Municipal Bond Index Fund | 0.07% | Jul 11, 2019 | AAMBX vs FMBIX |
Best Risk-Adjusted Alternatives to AAMBX
Among mutual funds in the Municipal Bonds category, these options rank highest on PortfoliosLab's risk-adjusted score, which accounts for volatility, drawdown, and return consistency over a 1-year period.
| Symbol | Name | Risk / Return Rank | Inception | |
|---|---|---|---|---|
| abrdn Ultra Short Municipal Income Fund | 100 | Dec 4, 2002 | AAMBX vs ATOIX | |
| SEI Institutional Managed Trust Tax-Free Conservat... | 99 | Apr 21, 2016 | AAMBX vs TFCYX | |
| Cavanal Hill Ultra Short Tax-Free Income Fund | 99 | Dec 25, 2017 | AAMBX vs APUSX | |
| Federated Hermes Conservative Municipal Microshort... | 99 | Feb 2, 2021 | AAMBX vs FHMIX | |
| JPMorgan Ultra-Short Municipal Fund | 99 | May 30, 2016 | AAMBX vs USMTX |
Top Performing AAMBX Alternatives (YTD)
AAMBX alternatives from the Municipal Bonds category, sorted by year-to-date return.
| Symbol | Name | YTD Return | Inception | |
|---|---|---|---|---|
| Nuveen Municipal Income Fund, Inc. | 6.43% | Apr 20, 1998 | AAMBX vs NMI | |
| Nuveen Virginia Quality Municipal Income Fund | 4.12% | Mar 18, 1993 | AAMBX vs NPV | |
| Nuveen New York AMT Free Quality Municipal Income | 3.25% | Nov 21, 2002 | AAMBX vs NRK | |
| BlackRock MuniYield Michigan Quality Fund | 2.55% | Oct 30, 1992 | AAMBX vs MIY | |
| Nuveen Pennsylvania Quality Municipal Income | 2.31% | Feb 21, 1991 | AAMBX vs NQP |
Lowest Volatility Alternatives to AAMBX
AAMBX alternatives from the Municipal Bonds category, sorted by annualized volatility over the past year.
| Symbol | Name | Volatility 1Y | Inception | |
|---|---|---|---|---|
| DFA Short Term Municipal Bond Portfolio | 0.68% | Aug 19, 2002 | AAMBX vs DFSMX | |
| JPMorgan Ultra-Short Municipal Fund | 0.69% | May 31, 2016 | AAMBX vs USMSX | |
| JPMorgan Ultra-Short Municipal Fund | 0.70% | May 30, 2016 | AAMBX vs USMTX | |
| DFA Short-Term Selective State Municipal Bond Port... | 0.71% | Apr 11, 2022 | AAMBX vs DFABX | |
| BlackRock Allocation Target Shares | 0.76% | May 20, 2021 | AAMBX vs BATVX |
Lowest Drawdown Alternatives to AAMBX
AAMBX alternatives from the Municipal Bonds category, sorted by maximum drawdown over the past year.
| Symbol | Name | Max Drawdown 1Y | Inception | |
|---|---|---|---|---|
| BlackRock Allocation Target Shares | 0.00% | May 20, 2021 | AAMBX vs BATVX | |
| abrdn Ultra Short Municipal Income Fund | -0.10% | Dec 4, 2002 | AAMBX vs ATOIX | |
| SEI Institutional Managed Trust Tax-Free Conservat... | -0.10% | Apr 21, 2016 | AAMBX vs TFCYX | |
| Cavanal Hill Ultra Short Tax-Free Income Fund | -0.20% | Dec 25, 2017 | AAMBX vs APUSX | |
| Federated Hermes Conservative Municipal Microshort... | -0.20% | Feb 2, 2021 | AAMBX vs FHMIX |
Other Mutual Funds from Thrivent
Most popular Thrivent mutual funds on PortfoliosLab, across asset classes.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | Inception | |
|---|---|---|---|---|---|---|
| Thrivent Large Cap Growth Fund | Large Cap Growth Equities | 20 | -13.84% | Oct 29, 1999 | AAMBX vs AAAGX | |
| Thrivent Small Cap Stock Fund Class S | Small Cap Blend Equities | 19 | -3.28% | Jul 1, 1996 | AAMBX vs TSCSX | |
| Thrivent Mid Cap Stock Fund Class S | Mid Cap Blend Equities | 14 | -2.40% | Jun 30, 1993 | AAMBX vs TMSIX | |
| Thrivent Mid Cap Stock Fund | Mid Cap Blend Equities | 13 | -2.46% | Jun 30, 1993 | AAMBX vs AASCX | |
| Thrivent Balanced Income Plus Fund | Diversified Portfolio | 72 | -2.16% | Dec 28, 1997 | AAMBX vs AABFX | |
| Thrivent Diversified Income Plus Fund | Diversified Portfolio | 83 | -1.10% | Jan 7, 1997 | AAMBX vs AAHYX | |
| Thrivent Moderately Aggressive Allocation Fund Cla... | Diversified Portfolio | 51 | -4.21% | Jun 30, 2005 | AAMBX vs TMAAX | |
| Thrivent Global Stock Fund | Global Equities | 55 | -4.42% | Jul 15, 1987 | AAMBX vs AALGX | |
| Thrivent Aggressive Allocation Fund | Diversified Portfolio | 43 | -4.87% | Jun 29, 2005 | AAMBX vs TAAAX | |
| Thrivent Moderate Allocation Fund | Diversified Portfolio | 55 | -3.82% | Jun 29, 2005 | AAMBX vs THMAX |
Often Compared With AAMBX
What investors most often compare with AAMBX, based on PortfoliosLab usage data.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | Inception | |
|---|---|---|---|---|---|---|
| Schwab U.S. Aggregate Bond Index Fund | Total Bond Market | 55 | -0.44% | — | AAMBX vs SWAGX | |
| Strategic Advisers Tax-Sensitive Short Duration Fu... | Municipal Bonds | 48 | -0.10% | Dec 27, 2017 | AAMBX vs FGNSX | |
| PIMCO Fixed Income SHares: Series TE | Municipal Bonds | 28 | -0.72% | Jun 24, 2012 | AAMBX vs FXIEX | |
| Blackrock 2037 Municipal Target Term Trust | Municipal Bonds | 27 | 0.14% | Oct 28, 2022 | AAMBX vs BMN | |
| DFA Municipal Real Return Portfolio | Municipal Bonds | 94 | 1.10% | Nov 3, 2014 | AAMBX vs DMREX | |
| Fidelity Conservative Income Municipal Bond Fund I... | Municipal Bonds | 99 | 0.30% | Oct 15, 2013 | AAMBX vs FMNDX | |
| DFA California Municipal Real Return Portfolio | Municipal Bonds | 94 | 1.09% | Oct 31, 2017 | AAMBX vs DCARX |
Compare AAMBX with Any Fund or Stock
Compare AAMBX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.