AB Municipal Income Fund National Portfolio (ALTHX) 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 ALTHX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to ALTHX
ALTHX charges 0.75% annually. There are 339 mutual funds in the Municipal Bonds category with lower expense ratios, going as low as 0.01%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Western Asset SMASh Series TF Fund | 0.01% | — | Dec 2015 | ALTHX vs LSMSX | |
| Federated Hermes Conservative Municipal Microshort... | 0.05% | — | Feb 2021 | ALTHX vs FHMIX | |
| Nuveen Municipal Total Return Managed Accounts | 0.05% | — | May 2007 | ALTHX vs NMTRX | |
| Strategic Advisers Municipal Bond Fund | 0.06% | — | Jun 2021 | ALTHX vs FSMUX | |
| PIMCO Fixed Income SHares: Series TE | 0.07% | — | Jun 2012 | ALTHX vs FXIEX |
Best Risk-Adjusted Alternatives to ALTHX
ALTHX has a PortfoliosLab risk / return rank of 68. There are 266 mutual funds in the Municipal Bonds category with higher risk-adjusted ranks, going as high as 100.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| DFA Short-Term Selective State Municipal Bond Port... | 100 | — | Apr 2022 | ALTHX vs DFABX | |
| DFA NY Municipal Bond Portfolio | 99 | — | Jun 2015 | ALTHX vs DNYMX | |
| DFA California Short Term Municipal Bond Portfolio | 99 | — | Apr 2007 | ALTHX vs DFCMX | |
| DFA Short Term Municipal Bond Portfolio | 99 | — | Aug 2002 | ALTHX vs DFSMX | |
| abrdn Ultra Short Municipal Income Fund | 99 | — | Dec 2002 | ALTHX vs ATOIX |
Top Performing ALTHX Alternatives (YTD)
ALTHX is at 1.68% YTD. There are 193 mutual funds in the Municipal Bonds category with higher YTD returns, going as high as 11.65%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Nuveen Municipal Income Fund, Inc. | 11.65% | — | Apr 1998 | ALTHX vs NMI | |
| Nuveen Virginia Quality Municipal Income Fund | 6.88% | — | Mar 1993 | ALTHX vs NPV | |
| Nuveen New York AMT Free Quality Municipal Income | 6.87% | — | Nov 2002 | ALTHX vs NRK | |
| AllianceBernstein National Municipal Income Fund | 6.20% | — | Nov 2001 | ALTHX vs AFB | |
| BlackRock MuniYield Michigan Quality Fund | 5.14% | — | Oct 1992 | ALTHX vs MIY |
Lowest Volatility Alternatives to ALTHX
ALTHX has 2.74% 1-year volatility. There are 256 mutual funds in the Municipal Bonds category with lower 1-year volatility, going as low as 0.56%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| DFA Short-Term Selective State Municipal Bond Port... | 0.56% | — | Apr 2022 | ALTHX vs DFABX | |
| JPMorgan Ultra-Short Municipal Fund | 0.59% | — | May 2016 | ALTHX vs USMSX | |
| JPMorgan Ultra-Short Municipal Fund | 0.59% | — | May 2016 | ALTHX vs USMTX | |
| DFA California Short Term Municipal Bond Portfolio | 0.59% | — | Apr 2007 | ALTHX vs DFCMX | |
| DFA Short Term Municipal Bond Portfolio | 0.61% | — | Aug 2002 | ALTHX vs DFSMX |
Lowest Drawdown Alternatives to ALTHX
ALTHX has a 1-year max drawdown of -2.85%. There are 272 mutual funds in the Municipal Bonds category with shallower 1-year drawdowns, going as shallow as 0.00%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| BlackRock Allocation Target Shares | 0.00% | — | May 2021 | ALTHX vs BATVX | |
| Federated Hermes Conservative Municipal Microshort... | -0.10% | — | Feb 2021 | ALTHX vs FHMIX | |
| Cavanal Hill Ultra Short Tax-Free Income Fund | -0.10% | — | Dec 2017 | ALTHX vs APUSX | |
| abrdn Ultra Short Municipal Income Fund | -0.10% | — | Dec 2002 | ALTHX vs ATOIX | |
| SEI Institutional Managed Trust Tax-Free Conservat... | -0.10% | — | Apr 2016 | ALTHX vs TFCYX |
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 | ALTHX vs APGAX | |
| AB Large Cap Growth Fund Advisor Class | Large Cap Growth Equities | 16 | 5.70% | — | Jan 1996 | ALTHX vs APGYX | |
| AB Large Cap Growth Fund Class Z | Large Cap Growth Equities | 16 | 5.74% | — | Jul 2015 | ALTHX vs APGZX | |
| AB Growth Fund | Large Cap Growth Equities | 16 | 7.76% | — | Sep 1990 | ALTHX vs AGRFX | |
| AB Municipal Income Shares | High Yield Muni | 69 | 2.13% | — | Aug 2010 | ALTHX vs MISHX | |
| AB High Income Fund | High Yield Bonds | 73 | 2.07% | — | Feb 1994 | ALTHX vs AGDAX | |
| AB Income Fund | Intermediate Core-Plus Bond | 23 | 0.63% | — | Aug 1987 | ALTHX vs ACGYX | |
| AB Small Cap Growth Portfolio | Small Cap Growth Equities | 30 | 19.60% | — | Feb 1969 | ALTHX vs QUASX | |
| AllianceBernstein Global High Income Closed Fund | High Yield Bonds | 3 | -1.70% | — | Jul 1993 | ALTHX vs AWF | |
| AB Sustainable Global Thematic Fund | Global Equities | 8 | 5.73% | — | Feb 1982 | ALTHX vs ALTFX |
Often Compared With ALTHX
Investors most often compare ALTHX with VWAHX, VADAX, VFIAX. These 15 comparison targets span 3 categories, based on PortfoliosLab usage data.
Compare ALTHX with Any Fund or Stock
Compare ALTHX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair ALTHX with funds that move differently
AB Municipal Income Fund National Portfolio alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to ALTHX.
Explore ALTHX Diversifiers