AB Municipal Income Fund II Massachusetts Portfolio (AMAAX) 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 AMAAX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to AMAAX
AMAAX charges 0.77% annually. There are 365 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 | AMAAX vs LSMSX | |
| Nuveen Municipal Total Return Managed Accounts | 0.05% | — | May 2007 | AMAAX vs NMTRX | |
| Federated Hermes Conservative Municipal Microshort... | 0.05% | — | Feb 2021 | AMAAX vs FHMIX | |
| Strategic Advisers Municipal Bond Fund | 0.06% | — | Jun 2021 | AMAAX vs FSMUX | |
| Fidelity Municipal Bond Index Fund | 0.07% | 0.00 | Jul 2019 | AMAAX vs FMBIX |
Best Risk-Adjusted Alternatives to AMAAX
AMAAX has a PortfoliosLab risk / return rank of 70. There are 253 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 | AMAAX vs DFABX | |
| DFA NY Municipal Bond Portfolio | 99 | — | Jun 2015 | AMAAX vs DNYMX | |
| DFA California Short Term Municipal Bond Portfolio | 99 | — | Apr 2007 | AMAAX vs DFCMX | |
| JPMorgan Ultra-Short Municipal Fund | 99 | — | May 2016 | AMAAX vs USMTX | |
| abrdn Ultra Short Municipal Income Fund | 99 | — | Dec 2002 | AMAAX vs ATOIX |
Top Performing AMAAX Alternatives (YTD)
AMAAX is at 1.69% YTD. There are 202 mutual funds in the Municipal Bonds category with higher YTD returns, going as high as 11.50%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Nuveen Municipal Income Fund, Inc. | 11.50% | — | Apr 1998 | AMAAX vs NMI | |
| Nuveen New York AMT Free Quality Municipal Income | 7.28% | — | Nov 2002 | AMAAX vs NRK | |
| Nuveen Virginia Quality Municipal Income Fund | 7.07% | — | Mar 1993 | AMAAX vs NPV | |
| BlackRock MuniYield Michigan Quality Fund | 5.75% | — | Oct 1992 | AMAAX vs MIY | |
| AllianceBernstein National Municipal Income Fund | 5.53% | — | Nov 2001 | AMAAX vs AFB |
Lowest Volatility Alternatives to AMAAX
AMAAX has 2.61% 1-year volatility. There are 227 mutual funds in the Municipal Bonds category with lower 1-year volatility, going as low as 0.57%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| DFA Short-Term Selective State Municipal Bond Port... | 0.57% | — | Apr 2022 | AMAAX vs DFABX | |
| DFA California Short Term Municipal Bond Portfolio | 0.59% | — | Apr 2007 | AMAAX vs DFCMX | |
| JPMorgan Ultra-Short Municipal Fund | 0.60% | — | May 2016 | AMAAX vs USMTX | |
| JPMorgan Ultra-Short Municipal Fund | 0.60% | — | May 2016 | AMAAX vs USMSX | |
| DFA Short Term Municipal Bond Portfolio | 0.61% | — | Aug 2002 | AMAAX vs DFSMX |
Lowest Drawdown Alternatives to AMAAX
AMAAX has a 1-year max drawdown of -2.49%. There are 150 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 | AMAAX vs BATVX | |
| abrdn Ultra Short Municipal Income Fund | -0.10% | — | Dec 2002 | AMAAX vs ATOIX | |
| Cavanal Hill Ultra Short Tax-Free Income Fund | -0.10% | — | Dec 2017 | AMAAX vs APUSX | |
| SEI Institutional Managed Trust Tax-Free Conservat... | -0.10% | — | Apr 2016 | AMAAX vs TFCYX | |
| Federated Hermes Conservative Municipal Microshort... | -0.10% | — | Feb 2021 | AMAAX vs FHMIX |
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 | 13 | 4.69% | — | Oct 1996 | AMAAX vs APGAX | |
| AB Large Cap Growth Fund Advisor Class | Large Cap Growth Equities | 14 | 4.80% | — | Jan 1996 | AMAAX vs APGYX | |
| AB Large Cap Growth Fund Class Z | Large Cap Growth Equities | 14 | 4.85% | — | Jul 2015 | AMAAX vs APGZX | |
| AB Growth Fund | Large Cap Growth Equities | 14 | 6.83% | — | Sep 1990 | AMAAX vs AGRFX | |
| AB Municipal Income Shares | High Yield Muni | 67 | 2.04% | — | Aug 2010 | AMAAX vs MISHX | |
| AB High Income Fund | High Yield Bonds | 68 | 1.78% | — | Feb 1994 | AMAAX vs AGDAX | |
| AB Income Fund | Intermediate Core-Plus Bond | 18 | 0.31% | — | Aug 1987 | AMAAX vs ACGYX | |
| AB Small Cap Growth Portfolio | Small Cap Growth Equities | 28 | 18.82% | — | Feb 1969 | AMAAX vs QUASX | |
| AllianceBernstein Global High Income Closed Fund | High Yield Bonds | 3 | -2.42% | — | Jul 1993 | AMAAX vs AWF | |
| AB Sustainable Global Thematic Fund | Global Equities | 7 | 4.84% | — | Feb 1982 | AMAAX vs ALTFX |
Often Compared With AMAAX
Investors most often compare AMAAX with FXIEX, MUC, MUJ. These 4 comparison targets span 1 categories, based on PortfoliosLab usage data.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| PIMCO Fixed Income SHares: Series TE | Municipal Bonds | 76 | 1.81% | — | Jun 2012 | AMAAX vs FXIEX | |
| BlackRock MuniHoldings California Quality Fund | Municipal Bonds | 26 | 4.06% | — | Feb 1998 | AMAAX vs MUC | |
| BlackRock MuniHoldings New Jersey Quality Fund | Municipal Bonds | 53 | 5.24% | — | Mar 1998 | AMAAX vs MUJ | |
| Strategic Advisers Tax-Sensitive Short Duration Fu... | Municipal Bonds | 97 | 0.77% | — | Dec 2017 | AMAAX vs FGNSX |
Compare AMAAX with Any Fund or Stock
Compare AMAAX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair AMAAX with funds that move differently
AB Municipal Income Fund II Massachusetts Portfolio alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to AMAAX.
Explore AMAAX Diversifiers