AB Municipal Income Fund New York Portfolio (ALNYX) Alternatives
AB Municipal Income Fund New York Portfolio (ALNYX) 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 ALNYX. 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 ALNYX
ALNYX charges 0.75% annually. Among mutual funds in the Municipal Bonds category, these options have the lowest expense ratios among ALNYX alternatives.
| Symbol | Name | Expense Ratio | Inception | |
|---|---|---|---|---|
| Western Asset SMASh Series TF Fund | 0.01% | Dec 22, 2015 | ALNYX vs LSMSX | |
| Nuveen Municipal Total Return Managed Accounts | 0.05% | May 30, 2007 | ALNYX vs NMTRX | |
| Federated Hermes Conservative Municipal Microshort... | 0.05% | Feb 2, 2021 | ALNYX vs FHMIX | |
| Strategic Advisers Municipal Bond Fund | 0.06% | Jun 24, 2021 | ALNYX vs FSMUX | |
| Fidelity Municipal Bond Index Fund | 0.07% | Jul 11, 2019 | ALNYX vs FMBIX |
Best Risk-Adjusted Alternatives to ALNYX
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 | ALNYX vs ATOIX | |
| SEI Institutional Managed Trust Tax-Free Conservat... | 99 | Apr 21, 2016 | ALNYX vs TFCYX | |
| Cavanal Hill Ultra Short Tax-Free Income Fund | 99 | Dec 25, 2017 | ALNYX vs APUSX | |
| Federated Hermes Conservative Municipal Microshort... | 99 | Feb 2, 2021 | ALNYX vs FHMIX | |
| JPMorgan Ultra-Short Municipal Fund | 99 | May 30, 2016 | ALNYX vs USMTX |
Top Performing ALNYX Alternatives (YTD)
ALNYX alternatives from the Municipal Bonds category, sorted by year-to-date return.
| Symbol | Name | YTD Return | Inception | |
|---|---|---|---|---|
| Nuveen Municipal Income Fund, Inc. | 5.52% | Apr 20, 1998 | ALNYX vs NMI | |
| Nuveen Virginia Quality Municipal Income Fund | 4.94% | Mar 18, 1993 | ALNYX vs NPV | |
| Nuveen New York AMT Free Quality Municipal Income | 4.26% | Nov 21, 2002 | ALNYX vs NRK | |
| BlackRock MuniYield Michigan Quality Fund | 3.67% | Oct 30, 1992 | ALNYX vs MIY | |
| Nuveen Pennsylvania Quality Municipal Income | 2.14% | Feb 21, 1991 | ALNYX vs NQP |
Lowest Volatility Alternatives to ALNYX
ALNYX 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 | ALNYX vs DFSMX | |
| JPMorgan Ultra-Short Municipal Fund | 0.69% | May 31, 2016 | ALNYX vs USMSX | |
| JPMorgan Ultra-Short Municipal Fund | 0.70% | May 30, 2016 | ALNYX vs USMTX | |
| DFA Short-Term Selective State Municipal Bond Port... | 0.71% | Apr 11, 2022 | ALNYX vs DFABX | |
| BlackRock Allocation Target Shares | 0.76% | May 20, 2021 | ALNYX vs BATVX |
Lowest Drawdown Alternatives to ALNYX
ALNYX 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 | ALNYX vs BATVX | |
| abrdn Ultra Short Municipal Income Fund | -0.10% | Dec 4, 2002 | ALNYX vs ATOIX | |
| SEI Institutional Managed Trust Tax-Free Conservat... | -0.10% | Apr 21, 2016 | ALNYX vs TFCYX | |
| Cavanal Hill Ultra Short Tax-Free Income Fund | -0.20% | Dec 25, 2017 | ALNYX vs APUSX | |
| Federated Hermes Conservative Municipal Microshort... | -0.20% | Feb 2, 2021 | ALNYX vs FHMIX |
Other Mutual Funds from AllianceBernstein
Most popular AllianceBernstein mutual funds on PortfoliosLab, across asset classes.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | Inception | |
|---|---|---|---|---|---|---|
| AB Large Cap Growth Fund Class A | Large Cap Growth Equities | 23 | -9.74% | Oct 1, 1996 | ALNYX vs APGAX | |
| AB Large Cap Growth Fund Advisor Class | Large Cap Growth Equities | 23 | -9.68% | Jan 10, 1996 | ALNYX vs APGYX | |
| AB Large Cap Growth Fund Class Z | Large Cap Growth Equities | 23 | -9.67% | Jul 1, 2015 | ALNYX vs APGZX | |
| AB Growth Fund | Large Cap Growth Equities | 18 | -9.55% | Sep 4, 1990 | ALNYX vs AGRFX | |
| AB Municipal Income Shares | High Yield Muni | 34 | -0.28% | Aug 31, 2010 | ALNYX vs MISHX | |
| AB High Income Fund | High Yield Bonds | 81 | -1.36% | Feb 25, 1994 | ALNYX vs AGDAX | |
| AB Income Fund | Intermediate Core-Plus Bond | 34 | -0.77% | Aug 28, 1987 | ALNYX vs ACGYX | |
| AB Small Cap Growth Portfolio | Small Cap Growth Equities | 30 | -2.76% | Feb 12, 1969 | ALNYX vs QUASX | |
| AllianceBernstein Global High Income Closed Fund | High Yield Bonds | 7 | -3.71% | Jul 28, 1993 | ALNYX vs AWF | |
| AB Sustainable Global Thematic Fund | Global Equities | 9 | -7.97% | Feb 28, 1982 | ALNYX vs ALTFX |
Often Compared With ALNYX
What investors most often compare with ALNYX, based on PortfoliosLab usage data.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | Inception | |
|---|---|---|---|---|---|---|
| Vanguard S&P 500 ETF | S&P 500 | 60 | -3.66% | Sep 7, 2010 | ALNYX vs VOO | |
| Blackrock 2037 Municipal Target Term Trust | Municipal Bonds | 28 | 1.11% | Oct 28, 2022 | ALNYX vs BMN | |
| Fidelity Conservative Income Municipal Bond Fund I... | Municipal Bonds | 99 | 0.30% | Oct 15, 2013 | ALNYX vs FMNDX | |
| DFA Municipal Real Return Portfolio | Municipal Bonds | 92 | 1.10% | Nov 3, 2014 | ALNYX vs DMREX | |
| PIMCO Fixed Income SHares: Series TE | Municipal Bonds | 18 | -0.41% | Jun 24, 2012 | ALNYX vs FXIEX |
Compare ALNYX with Any Fund or Stock
Compare ALNYX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.