abrdn Short Duration High Yield Municipal Fund (AHYMX) 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 AHYMX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to AHYMX
AHYMX charges 0.68% annually. There are 27 mutual funds in the High Yield Muni category with lower expense ratios, going as low as 0.09%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Vanguard High-Yield Tax-Exempt Fund Admiral Shares | 0.09% | 17.80B | Nov 2001 | AHYMX vs VWALX | |
| BlackRock Allocation Target Shares Series E Portfo... | 0.11% | — | Aug 2014 | AHYMX vs BATEX | |
| Vanguard High-Yield Tax-Exempt Fund Investor Share... | 0.17% | 17.80B | Dec 1978 | AHYMX vs VWAHX | |
| Eaton Vance High Yield Municipal Income Fund Class... | 0.18% | — | May 2007 | AHYMX vs EWHYX | |
| American High-Income Municipal Bond Fund Class F-3 | 0.31% | — | Jan 2017 | AHYMX vs HIMFX |
Best Risk-Adjusted Alternatives to AHYMX
AHYMX has a PortfoliosLab risk / return rank of 82. There are 36 mutual funds in the High Yield Muni category with higher risk-adjusted ranks, going as high as 96.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| T. Rowe Price Tax Free High Yield Fund | 96 | — | Feb 1985 | AHYMX vs PRFHX | |
| Federated Hermes Municipal High Yield Advtg Fd | 95 | — | Apr 1987 | AHYMX vs FHTFX | |
| Columbia High Yield Municipal Fund | 94 | — | Mar 1984 | AHYMX vs SRHMX | |
| Invesco Short Duration High Yield Municipal Fund | 94 | — | Sep 2015 | AHYMX vs ISHYX | |
| Eaton Vance High Yield Municipal Income Fund Class... | 94 | — | May 2007 | AHYMX vs EWHYX |
Top Performing AHYMX Alternatives (YTD)
AHYMX is at 0.62% YTD. There are 46 mutual funds in the High Yield Muni category with higher YTD returns, going as high as 4.20%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Nuveen Municipal High Income Opportunity Fund | 4.20% | — | Nov 2003 | AHYMX vs NMZ | |
| Eaton Vance High Yield Municipal Income Fund Class... | 2.53% | — | May 2007 | AHYMX vs EWHYX | |
| Columbia High Yield Municipal Fund | 2.33% | — | Mar 1984 | AHYMX vs SRHMX | |
| Allspring High Yield Municipal Bond Fund | 2.06% | — | Jan 2013 | AHYMX vs WHYIX | |
| T. Rowe Price Tax Free High Yield Fund | 2.05% | — | Feb 1985 | AHYMX vs PRFHX |
Lowest Volatility Alternatives to AHYMX
AHYMX has 2.62% 1-year volatility. There are 4 mutual funds in the High Yield Muni category with lower 1-year volatility, going as low as 2.13%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Lord Abbett Short Duration High Income Municipal B... | 2.13% | — | Jun 2015 | AHYMX vs SDHIX | |
| Nuveen Short Duration High Yield Municipal Bond Fu... | 2.17% | — | Jan 2013 | AHYMX vs NVHIX | |
| Redwood Managed Municipal Income Fund | 2.27% | — | Mar 2017 | AHYMX vs RWMIX | |
| Invesco Short Duration High Yield Municipal Fund | 2.35% | — | Sep 2015 | AHYMX vs ISHYX | |
| Ocean Park Tactical Municipal Fund | 2.64% | — | Dec 2018 | AHYMX vs STMYX |
Lowest Drawdown Alternatives to AHYMX
AHYMX has a 1-year max drawdown of -1.98%. There are 3 mutual funds in the High Yield Muni category with shallower 1-year drawdowns, going as shallow as -1.71%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| First Eagle Short Duration High Yield Municipal Fu... | -1.71% | — | Feb 2024 | AHYMX vs FDUAX | |
| Nuveen Short Duration High Yield Municipal Bond Fu... | -1.79% | — | Jan 2013 | AHYMX vs NVHIX | |
| Invesco Short Duration High Yield Municipal Fund | -1.89% | — | Sep 2015 | AHYMX vs ISHYX | |
| Lord Abbett Short Duration High Income Municipal B... | -2.08% | — | Jun 2015 | AHYMX vs SDHIX | |
| Counterpoint Tactical Municipal Fund | -2.26% | — | Jun 2018 | AHYMX vs TMNIX |
Other Mutual Funds from Aberdeen
The 10 most viewed Aberdeen mutual funds shown here include ASGI, THQ, ATOIX and span 10 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Abrdn Global Infrastructure Income Fund | Infrastructure Equities, Industrials Equities | 47 | 14.30% | — | Jul 2020 | AHYMX vs ASGI | |
| Abrdn Healthcare Opportunities Fund | Health & Biotech Equities | 59 | 4.81% | — | Jul 2014 | AHYMX vs THQ | |
| abrdn Ultra Short Municipal Income Fund | Municipal Bonds | 100 | 1.46% | — | Dec 2002 | AHYMX vs ATOIX | |
| abrdn Realty Income & Growth Fund | REIT | 82 | 21.63% | — | Dec 1998 | AHYMX vs AIGYX | |
| abrdn Emerging Markets ex-China Fund | Emerging Markets Equities | 80 | 28.23% | — | Aug 2000 | AHYMX vs GLLSX | |
| abrdn World Healthcare Fund | Health & Biotech Equities | 84 | 10.91% | — | Jun 2015 | AHYMX vs THW | |
| abrdn Asia-Pacific Income Fund Inc | Emerging Markets Bonds | 7 | 2.08% | — | Jan 1990 | AHYMX vs FAX | |
| abrdn U.S. Sustainable Leaders Fund | Large Cap Growth Equities | 10 | 3.33% | — | Jun 2000 | AHYMX vs GXXIX | |
| abrdn Dynamic Dividend Fund | Global Equities | 79 | 11.53% | — | Sep 2003 | AHYMX vs ADVDX | |
| abrdn Global Absolute Return Strategies Fund | Multistrategy | 37 | 0.33% | — | Oct 1990 | AHYMX vs CGFIX |
Often Compared With AHYMX
Investors most often compare AHYMX with NMCO, NSIOX, ABHYX. These 20 comparison targets span 5 categories, based on PortfoliosLab usage data.
Compare AHYMX with Any Fund or Stock
Compare AHYMX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair AHYMX with funds that move differently
abrdn Short Duration High Yield Municipal Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to AHYMX.
Explore AHYMX Diversifiers