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% | 17.60B | 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% | 17.60B | 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 54. There are 42 mutual funds in the High Yield Muni category with higher risk-adjusted ranks, going as high as 93.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| T. Rowe Price Tax Free High Yield Fund | 93 | — | Feb 1985 | AHYMX vs PRFHX | |
| Federated Hermes Municipal High Yield Advtg Fd | 91 | — | Apr 1987 | AHYMX vs FHTFX | |
| Invesco Short Duration High Yield Municipal Fund | 89 | — | Sep 2015 | AHYMX vs ISHYX | |
| Columbia High Yield Municipal Fund | 83 | — | Mar 1984 | AHYMX vs SRHMX | |
| Eaton Vance High Yield Municipal Income Fund Class... | 82 | — | May 2007 | AHYMX vs EWHYX |
Top Performing AHYMX Alternatives (YTD)
AHYMX is at 1.18% YTD. There are 50 mutual funds in the High Yield Muni category with higher YTD returns, going as high as 5.38%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Nuveen Municipal High Income Opportunity Fund | 5.38% | — | Nov 2003 | AHYMX vs NMZ | |
| Eaton Vance High Yield Municipal Income Fund Class... | 3.60% | — | May 2007 | AHYMX vs EWHYX | |
| Nuveen High Yield Municipal Bond Fund Class R6 | 3.41% | — | Jun 2016 | AHYMX vs NHMFX | |
| Columbia High Yield Municipal Fund | 3.38% | — | Mar 1984 | AHYMX vs SRHMX | |
| Nuveen High Yield Municipal Bond Fund | 3.32% | — | Jun 1999 | AHYMX vs NHMRX |
Lowest Volatility Alternatives to AHYMX
AHYMX has 2.65% 1-year volatility. There are 6 mutual funds in the High Yield Muni category with lower 1-year volatility, going as low as 2.02%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Redwood Managed Municipal Income Fund | 2.02% | — | Mar 2017 | AHYMX vs RWMIX | |
| Lord Abbett Short Duration High Income Municipal B... | 2.06% | — | Jun 2015 | AHYMX vs SDHIX | |
| Nuveen Short Duration High Yield Municipal Bond Fu... | 2.24% | — | Jan 2013 | AHYMX vs NVHIX | |
| Invesco Short Duration High Yield Municipal Fund | 2.30% | — | Sep 2015 | AHYMX vs ISHYX | |
| Counterpoint Tactical Municipal Fund | 2.56% | — | Jun 2018 | AHYMX vs TMNIX |
Lowest Drawdown Alternatives to AHYMX
AHYMX has a 1-year max drawdown of -1.98%. There are 2 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 | 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 | |
| Federated Hermes Municipal High Yield Advtg Fd | -2.46% | — | Apr 1987 | AHYMX vs FHTFX |
Other Mutual Funds from Aberdeen
The 10 most viewed Aberdeen mutual funds shown here include ASGI, STK, THQ and span 9 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Abrdn Global Infrastructure Income Fund | Industrials Equities | 21 | 4.88% | — | Jul 2020 | AHYMX vs ASGI | |
| Columbia Seligman Premium Technology Growth Closed... | Technology Equities | 94 | 48.09% | — | Nov 2009 | AHYMX vs STK | |
| Abrdn Healthcare Opportunities Fund | Health & Biotech Equities | 15 | 4.47% | — | Jul 2014 | AHYMX vs THQ | |
| abrdn Ultra Short Municipal Income Fund | Municipal Bonds | 99 | 1.01% | — | Dec 2002 | AHYMX vs ATOIX | |
| abrdn Asia-Pacific Income Fund Inc | Emerging Markets Bonds | 5 | -0.11% | — | Jan 1990 | AHYMX vs FAX | |
| abrdn Realty Income & Growth Fund | REIT | 39 | 16.35% | — | Dec 1998 | AHYMX vs AIGYX | |
| abrdn Emerging Markets ex-China Fund | Emerging Markets Diversified | 95 | 49.19% | — | Aug 2000 | AHYMX vs GLLSX | |
| abrdn Dynamic Dividend Fund | Global Equities | 70 | 11.10% | — | Sep 2003 | AHYMX vs ADVDX | |
| abrdn World Healthcare Fund | Health & Biotech Equities | 60 | 4.72% | — | Jun 2015 | AHYMX vs THW | |
| abrdn U.S. Sustainable Leaders Fund | Large Cap Growth Equities | 12 | 4.20% | — | Jun 2000 | AHYMX vs GXXIX |
Often Compared With AHYMX
Investors most often compare AHYMX with ABHYX, NMCO, NSIOX. These 20 comparison targets span 2 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