American High-Income Municipal Bond Fund Class F-2 (AHMFX) Alternatives
American High-Income Municipal Bond Fund Class F-2 (AHMFX) 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 AHMFX. 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 AHMFX
AHMFX charges 0.42% annually. Among mutual funds in the High Yield Muni category, these options have the lowest expense ratios among AHMFX alternatives.
| Symbol | Name | Expense Ratio | Inception | |
|---|---|---|---|---|
| BlackRock Allocation Target Shares Series E Portfo... | 0.11% | Aug 3, 2014 | AHMFX vs BATEX | |
| Eaton Vance High Yield Municipal Income Fund Class... | 0.18% | May 9, 2007 | AHMFX vs EWHYX | |
| American High-Income Municipal Bond Fund Class F-3 | 0.31% | Jan 27, 2017 | AHMFX vs HIMFX | |
| Lord Abbett Short Duration High Income Municipal B... | 0.50% | Jun 14, 2015 | AHMFX vs SDHIX | |
| Nuveen High Yield Municipal Bond Fund | 0.52% | Jun 6, 1999 | AHMFX vs NHMRX |
Best Risk-Adjusted Alternatives to AHMFX
Among mutual funds in the High Yield Muni 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 | |
|---|---|---|---|---|
| Counterpoint Tactical Municipal Fund | 83 | Jun 10, 2018 | AHMFX vs TMNIX | |
| Lord Abbett Short Duration High Income Municipal B... | 70 | Jun 14, 2015 | AHMFX vs SDHIX | |
| T. Rowe Price Tax Free High Yield Fund | 65 | Feb 28, 1985 | AHMFX vs PRFHX | |
| Invesco Short Duration High Yield Municipal Fund | 54 | Sep 29, 2015 | AHMFX vs ISHYX | |
| AB Municipal Income Shares | 43 | Aug 31, 2010 | AHMFX vs MISHX |
Top Performing AHMFX Alternatives (YTD)
AHMFX alternatives from the High Yield Muni category, sorted by year-to-date return.
| Symbol | Name | YTD Return | Inception | |
|---|---|---|---|---|
| Nuveen Municipal High Income Opportunity Fund | 3.79% | Nov 19, 2003 | AHMFX vs NMZ | |
| T. Rowe Price Tax Free High Yield Fund | 0.17% | Feb 28, 1985 | AHMFX vs PRFHX | |
| Invesco Short Duration High Yield Municipal Fund | 0.13% | Sep 29, 2015 | AHMFX vs ISHYX | |
| Redwood Managed Municipal Income Fund | 0.01% | Mar 8, 2017 | AHMFX vs RWMIX | |
| Eaton Vance High Yield Municipal Income Fund Class... | 0.00% | May 9, 2007 | AHMFX vs EWHYX |
Lowest Volatility Alternatives to AHMFX
AHMFX alternatives from the High Yield Muni category, sorted by annualized volatility over the past year.
| Symbol | Name | Volatility 1Y | Inception | |
|---|---|---|---|---|
| Counterpoint Tactical Municipal Fund | 2.35% | Jun 10, 2018 | AHMFX vs TMNIX | |
| Lord Abbett Short Duration High Income Municipal B... | 3.46% | Jun 14, 2015 | AHMFX vs SDHIX | |
| Nuveen Short Duration High Yield Municipal Bond Fu... | 3.77% | Jan 31, 2013 | AHMFX vs NVHIX | |
| Invesco Short Duration High Yield Municipal Fund | 3.83% | Sep 29, 2015 | AHMFX vs ISHYX | |
| Redwood Managed Municipal Income Fund | 3.89% | Mar 8, 2017 | AHMFX vs RWMIX |
Lowest Drawdown Alternatives to AHMFX
AHMFX alternatives from the High Yield Muni category, sorted by maximum drawdown over the past year.
| Symbol | Name | Max Drawdown 1Y | Inception | |
|---|---|---|---|---|
| Counterpoint Tactical Municipal Fund | -2.21% | Jun 10, 2018 | AHMFX vs TMNIX | |
| Lord Abbett Short Duration High Income Municipal B... | -3.22% | Jun 14, 2015 | AHMFX vs SDHIX | |
| Nuveen Short Duration High Yield Municipal Bond Fu... | -3.63% | Jan 31, 2013 | AHMFX vs NVHIX | |
| Invesco Short Duration High Yield Municipal Fund | -3.79% | Sep 29, 2015 | AHMFX vs ISHYX | |
| abrdn Short Duration High Yield Municipal Fund | -3.81% | May 30, 2013 | AHMFX vs AHYMX |
Other Mutual Funds from Capital Group
Most popular Capital Group mutual funds on PortfoliosLab, across asset classes.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | Inception | |
|---|---|---|---|---|---|---|
| American Funds Fundamental Investors Fund Class R6 | Large Cap Growth Equities | 70 | -6.06% | May 1, 2009 | AHMFX vs RFNGX | |
| Capital Group California Core Municipal Fund | Municipal Bonds | 67 | -0.84% | Apr 12, 2010 | AHMFX vs CCCMX | |
| Capital Group California Short-Term Municipal Fund | Municipal Bonds | 86 | -0.12% | Apr 12, 2010 | AHMFX vs CCSTX | |
| American Funds Fundamental Investors Fund Class R2 | Large Cap Blend Equities | 64 | -6.30% | May 21, 2002 | AHMFX vs RFNBX |
Often Compared With AHMFX
What investors most often compare with AHMFX, based on PortfoliosLab usage data.
Compare AHMFX with Any Fund or Stock
Compare AHMFX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.