AB Massachusetts Portfolio Fund Advisor Shares (AMAYX) 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 AMAYX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to AMAYX
AMAYX charges 0.52% annually. There are 169 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 | AMAYX vs LSMSX | |
| Vanguard Tax-Managed Balanced Fund Admiral Shares | 0.05% | 12.30B | Sep 1994 | AMAYX vs VTMFX | |
| Federated Hermes Conservative Municipal Microshort... | 0.05% | — | Feb 2021 | AMAYX vs FHMIX | |
| Nuveen Municipal Total Return Managed Accounts | 0.05% | — | May 2007 | AMAYX vs NMTRX | |
| Strategic Advisers Municipal Bond Fund | 0.06% | — | Jun 2021 | AMAYX vs FSMUX |
Best Risk-Adjusted Alternatives to AMAYX
AMAYX has a PortfoliosLab risk / return rank of 75. There are 135 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 | AMAYX vs DFABX | |
| abrdn Ultra Short Municipal Income Fund | 99 | — | Dec 2002 | AMAYX vs ATOIX | |
| DFA California Short Term Municipal Bond Portfolio | 99 | — | Apr 2007 | AMAYX vs DFCMX | |
| DFA NY Municipal Bond Portfolio | 99 | — | Jun 2015 | AMAYX vs DNYMX | |
| DFA Short Term Municipal Bond Portfolio | 99 | — | Aug 2002 | AMAYX vs DFSMX |
Top Performing AMAYX Alternatives (YTD)
AMAYX is at 1.90% YTD. There are 152 mutual funds in the Municipal Bonds category with higher YTD returns, going as high as 13.22%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Nuveen Municipal Income Fund, Inc. | 13.22% | — | Apr 1998 | AMAYX vs NMI | |
| Nuveen New York AMT Free Quality Municipal Income | 9.70% | — | Nov 2002 | AMAYX vs NRK | |
| AllianceBernstein National Municipal Income Fund | 7.62% | — | Nov 2001 | AMAYX vs AFB | |
| BlackRock MuniYield Michigan Quality Fund | 6.57% | — | Oct 1992 | AMAYX vs MIY | |
| Nuveen Virginia Quality Municipal Income Fund | 6.33% | — | Mar 1993 | AMAYX vs NPV |
Lowest Volatility Alternatives to AMAYX
AMAYX has 2.70% 1-year volatility. There are 251 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 | AMAYX vs DFABX | |
| DFA California Short Term Municipal Bond Portfolio | 0.59% | — | Apr 2007 | AMAYX vs DFCMX | |
| JPMorgan Ultra-Short Municipal Fund | 0.59% | — | May 2016 | AMAYX vs USMSX | |
| JPMorgan Ultra-Short Municipal Fund | 0.60% | — | May 2016 | AMAYX vs USMTX | |
| DFA Short Term Municipal Bond Portfolio | 0.61% | — | Aug 2002 | AMAYX vs DFSMX |
Lowest Drawdown Alternatives to AMAYX
AMAYX has a 1-year max drawdown of -2.40%. There are 127 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 | AMAYX vs BATVX | |
| abrdn Ultra Short Municipal Income Fund | -0.10% | — | Dec 2002 | AMAYX vs ATOIX | |
| Cavanal Hill Ultra Short Tax-Free Income Fund | -0.10% | — | Dec 2017 | AMAYX vs APUSX | |
| SEI Institutional Managed Trust Tax-Free Conservat... | -0.10% | — | Apr 2016 | AMAYX vs TFCYX | |
| Federated Hermes Conservative Municipal Microshort... | -0.10% | — | Feb 2021 | AMAYX 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 | 12 | 2.04% | — | Oct 1996 | AMAYX vs APGAX | |
| AB Large Cap Growth Fund Advisor Class | Large Cap Growth Equities | 12 | 2.16% | — | Jan 1996 | AMAYX vs APGYX | |
| AB Large Cap Growth Fund Class Z | Large Cap Growth Equities | 12 | 2.21% | — | Jul 2015 | AMAYX vs APGZX | |
| AB Growth Fund | Large Cap Growth Equities | 13 | 4.80% | — | Sep 1990 | AMAYX vs AGRFX | |
| AB Municipal Income Shares | High Yield Muni | 70 | 2.13% | — | Aug 2010 | AMAYX vs MISHX | |
| AB High Income Fund | High Yield Bonds | 69 | 1.78% | — | Feb 1994 | AMAYX vs AGDAX | |
| AB Small Cap Growth Portfolio | Small Cap Growth Equities | 41 | 25.68% | — | Feb 1969 | AMAYX vs QUASX | |
| AB Income Fund | Intermediate Core-Plus Bond | 18 | 0.15% | — | Aug 1987 | AMAYX vs ACGYX | |
| AllianceBernstein Global High Income Closed Fund | High Yield Bonds | 3 | -1.55% | — | Jul 1993 | AMAYX vs AWF | |
| AB Sustainable Global Thematic Fund | Global Equities | 7 | 4.72% | — | Feb 1982 | AMAYX vs ALTFX |
Often Compared With AMAYX
Investors most often compare AMAYX with MPA, MUJ, FXIEX. These 4 comparison targets span 1 categories, based on PortfoliosLab usage data.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| BlackRock MuniYield Pennsylvania Quality Fund | Municipal Bonds | 29 | 4.22% | — | Nov 1992 | AMAYX vs MPA | |
| BlackRock MuniHoldings New Jersey Quality Fund | Municipal Bonds | 51 | 5.45% | — | Mar 1998 | AMAYX vs MUJ | |
| PIMCO Fixed Income SHares: Series TE | Municipal Bonds | 78 | 1.81% | — | Jun 2012 | AMAYX vs FXIEX | |
| Strategic Advisers Tax-Sensitive Short Duration Fu... | Municipal Bonds | 97 | 0.77% | — | Dec 2017 | AMAYX vs FGNSX |
Compare AMAYX with Any Fund or Stock
Compare AMAYX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair AMAYX with funds that move differently
AB Massachusetts Portfolio Fund Advisor Shares alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to AMAYX.
Explore AMAYX Diversifiers