AB High Income Municipal Portfolio (ABTYX) belongs to the High Yield Muni category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with ABTYX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to ABTYX
ABTYX charges 0.53% annually. There are 7 mutual funds in the High Yield Muni category with lower expense ratios, going as low as 0.11%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| BlackRock Allocation Target Shares Series E Portfo... | 0.11% | — | Aug 2014 | ABTYX vs BATEX | |
| Eaton Vance High Yield Municipal Income Fund Class... | 0.18% | — | May 2007 | ABTYX vs EWHYX | |
| American High-Income Municipal Bond Fund Class F-3 | 0.31% | — | Jan 2017 | ABTYX vs HIMFX | |
| American High-Income Municipal Bond Fund Class F-2 | 0.42% | — | Aug 2008 | ABTYX vs AHMFX | |
| Lord Abbett Short Duration High Income Municipal B... | 0.50% | — | Jun 2015 | ABTYX vs SDHIX |
Best Risk-Adjusted Alternatives to ABTYX
ABTYX has a PortfoliosLab risk / return rank of 51. There are 41 mutual funds in the High Yield Muni category with higher risk-adjusted ranks, going as high as 91.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| T. Rowe Price Tax Free High Yield Fund | 91 | — | Feb 1985 | ABTYX vs PRFHX | |
| Invesco Short Duration High Yield Municipal Fund | 88 | — | Sep 2015 | ABTYX vs ISHYX | |
| Federated Hermes Municipal High Yield Advtg Fd | 86 | — | Apr 1987 | ABTYX vs FHTFX | |
| Columbia High Yield Municipal Fund | 79 | — | Mar 1984 | ABTYX vs SRHMX | |
| American High-Income Municipal Bond Fund Class F-3 | 79 | — | Jan 2017 | ABTYX vs HIMFX |
Top Performing ABTYX Alternatives (YTD)
ABTYX is at 2.23% YTD. There are 33 mutual funds in the High Yield Muni category with higher YTD returns, going as high as 3.35%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Eaton Vance High Yield Municipal Income Fund Class... | 3.35% | — | May 2007 | ABTYX vs EWHYX | |
| Nuveen Municipal High Income Opportunity Fund | 3.29% | — | Nov 2003 | ABTYX vs NMZ | |
| Nuveen High Yield Municipal Bond Fund Class R6 | 3.20% | — | Jun 2016 | ABTYX vs NHMFX | |
| Nuveen High Yield Municipal Bond Fund | 3.18% | — | Jun 1999 | ABTYX vs NHMRX | |
| Nuveen High Yield Municipal Bond Fund Class A | 3.09% | — | Jun 1999 | ABTYX vs NHMAX |
Lowest Volatility Alternatives to ABTYX
ABTYX has 3.95% 1-year volatility. There are 40 mutual funds in the High Yield Muni category with lower 1-year volatility, going as low as 1.97%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Redwood Managed Municipal Income Fund | 1.97% | — | Mar 2017 | ABTYX vs RWMIX | |
| Lord Abbett Short Duration High Income Municipal B... | 2.07% | — | Jun 2015 | ABTYX vs SDHIX | |
| Nuveen Short Duration High Yield Municipal Bond Fu... | 2.25% | — | Jan 2013 | ABTYX vs NVHIX | |
| Invesco Short Duration High Yield Municipal Fund | 2.31% | — | Sep 2015 | ABTYX vs ISHYX | |
| Counterpoint Tactical Municipal Fund | 2.53% | — | Jun 2018 | ABTYX vs TMNIX |
Lowest Drawdown Alternatives to ABTYX
ABTYX has a 1-year max drawdown of -3.82%. There are 46 mutual funds in the High Yield Muni category with shallower 1-year drawdowns, going as shallow as -1.80%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Nuveen Short Duration High Yield Municipal Bond Fu... | -1.80% | — | Jan 2013 | ABTYX vs NVHIX | |
| Invesco Short Duration High Yield Municipal Fund | -1.89% | — | Sep 2015 | ABTYX vs ISHYX | |
| abrdn Short Duration High Yield Municipal Fund | -1.98% | — | May 2013 | ABTYX vs AHYMX | |
| Lord Abbett Short Duration High Income Municipal B... | -2.08% | — | Jun 2015 | ABTYX vs SDHIX | |
| Counterpoint Tactical Municipal Fund | -2.26% | — | Jun 2018 | ABTYX vs TMNIX |
Other Mutual Funds from AllianceBernstein
The 10 most viewed AllianceBernstein mutual funds shown here include APGAX, APGYX, APGZX and span 6 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| AB Large Cap Growth Fund Class A | Large Cap Growth Equities | 15 | 5.59% | — | Oct 1996 | ABTYX vs APGAX | |
| AB Large Cap Growth Fund Advisor Class | Large Cap Growth Equities | 16 | 5.70% | — | Jan 1996 | ABTYX vs APGYX | |
| AB Large Cap Growth Fund Class Z | Large Cap Growth Equities | 16 | 5.74% | — | Jul 2015 | ABTYX vs APGZX | |
| AB Growth Fund | Large Cap Growth Equities | 16 | 7.76% | — | Sep 1990 | ABTYX vs AGRFX | |
| AB Municipal Income Shares | High Yield Muni | 69 | 2.13% | — | Aug 2010 | ABTYX vs MISHX | |
| AB High Income Fund | High Yield Bonds | 73 | 2.07% | — | Feb 1994 | ABTYX vs AGDAX | |
| AB Income Fund | Intermediate Core-Plus Bond | 23 | 0.63% | — | Aug 1987 | ABTYX vs ACGYX | |
| AB Small Cap Growth Portfolio | Small Cap Growth Equities | 30 | 19.60% | — | Feb 1969 | ABTYX vs QUASX | |
| AllianceBernstein Global High Income Closed Fund | High Yield Bonds | 3 | -1.70% | — | Jul 1993 | ABTYX vs AWF | |
| AB Sustainable Global Thematic Fund | Global Equities | 8 | 5.73% | — | Feb 1982 | ABTYX vs ALTFX |
Often Compared With ABTYX
Investors most often compare ABTYX with FNWFX, STMYX, AUNYX. These 8 comparison targets span 3 categories, based on PortfoliosLab usage data.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| American Funds New World Fund Class F-3 | Emerging Markets Diversified | 66 | 17.60% | — | Jun 1999 | ABTYX vs FNWFX | |
| Sierra Tactical Municipal Fund | High Yield Muni | 55 | 1.82% | — | Dec 2018 | ABTYX vs STMYX | |
| AB Municipal Bond Inflation Strategy | Municipal Bonds | 94 | 2.97% | — | Jan 2010 | ABTYX vs AUNYX | |
| BNY Mellon High Yield Municipal Bond Fund | High Yield Muni | 62 | 3.03% | — | Sep 2005 | ABTYX vs DHMBX | |
| Russell Investments Tax-Exempt High Yield Bond Fun... | High Yield Muni | 60 | 2.46% | — | May 2015 | ABTYX vs RTHAX | |
| Franklin High Yield Tax Free Income Fund | High Yield Muni | 73 | 2.81% | — | Mar 1986 | ABTYX vs FRHIX | |
| American High-Income Municipal Bond Fund | High Yield Muni | 76 | 2.23% | — | Sep 1994 | ABTYX vs AMHIX | |
| Neuberger Berman Municipal High Income Fund | High Yield Muni | 49 | 0.48% | — | Jun 2015 | ABTYX vs NMHIX |
Compare ABTYX with Any Fund or Stock
Compare ABTYX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair ABTYX with funds that move differently
AB High Income Municipal Portfolio alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to ABTYX.
Explore ABTYX Diversifiers