American High-Income Municipal Bond Fund (AMHIX) Alternatives

American High-Income Municipal Bond Fund (AMHIX) 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 AMHIX. 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 AMHIX

AMHIX charges 0.63% annually. Among mutual funds in the High Yield Muni category, these options have the lowest expense ratios among AMHIX alternatives.

Symbol	Name	Expense Ratio	Inception
BATEX	BlackRock Allocation Target Shares Series E Portfo...	0.11%	Aug 3, 2014	AMHIX vs BATEX
EWHYX	Eaton Vance High Yield Municipal Income Fund Class...	0.18%	May 9, 2007	AMHIX vs EWHYX
HIMFX	American High-Income Municipal Bond Fund Class F-3	0.31%	Jan 27, 2017	AMHIX vs HIMFX
AHMFX	American High-Income Municipal Bond Fund Class F-2	0.42%	Aug 1, 2008	AMHIX vs AHMFX
SDHIX	Lord Abbett Short Duration High Income Municipal B...	0.50%	Jun 14, 2015	AMHIX vs SDHIX

Best Risk-Adjusted Alternatives to AMHIX

Among mutual funds in the High Yield Muni 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
TMNIX	Counterpoint Tactical Municipal Fund	83	Jun 10, 2018	AMHIX vs TMNIX
SDHIX	Lord Abbett Short Duration High Income Municipal B...	70	Jun 14, 2015	AMHIX vs SDHIX
PRFHX	T. Rowe Price Tax Free High Yield Fund	65	Feb 28, 1985	AMHIX vs PRFHX
ISHYX	Invesco Short Duration High Yield Municipal Fund	54	Sep 29, 2015	AMHIX vs ISHYX
MISHX	AB Municipal Income Shares	43	Aug 31, 2010	AMHIX vs MISHX

Top Performing AMHIX Alternatives (YTD)

AMHIX alternatives from the High Yield Muni category, sorted by year-to-date return.

Symbol	Name	YTD Return	Inception
NMZ	Nuveen Municipal High Income Opportunity Fund	3.79%	Nov 19, 2003	AMHIX vs NMZ
PRFHX	T. Rowe Price Tax Free High Yield Fund	0.17%	Feb 28, 1985	AMHIX vs PRFHX
ISHYX	Invesco Short Duration High Yield Municipal Fund	0.13%	Sep 29, 2015	AMHIX vs ISHYX
RWMIX	Redwood Managed Municipal Income Fund	0.01%	Mar 8, 2017	AMHIX vs RWMIX
EWHYX	Eaton Vance High Yield Municipal Income Fund Class...	0.00%	May 9, 2007	AMHIX vs EWHYX

Lowest Volatility Alternatives to AMHIX

AMHIX alternatives from the High Yield Muni category, sorted by annualized volatility over the past year.

Symbol	Name	Volatility 1Y	Inception
TMNIX	Counterpoint Tactical Municipal Fund	2.35%	Jun 10, 2018	AMHIX vs TMNIX
SDHIX	Lord Abbett Short Duration High Income Municipal B...	3.46%	Jun 14, 2015	AMHIX vs SDHIX
NVHIX	Nuveen Short Duration High Yield Municipal Bond Fu...	3.77%	Jan 31, 2013	AMHIX vs NVHIX
ISHYX	Invesco Short Duration High Yield Municipal Fund	3.83%	Sep 29, 2015	AMHIX vs ISHYX
RWMIX	Redwood Managed Municipal Income Fund	3.89%	Mar 8, 2017	AMHIX vs RWMIX

Lowest Drawdown Alternatives to AMHIX

AMHIX alternatives from the High Yield Muni category, sorted by maximum drawdown over the past year.

Symbol	Name	Max Drawdown 1Y	Inception
TMNIX	Counterpoint Tactical Municipal Fund	-2.21%	Jun 10, 2018	AMHIX vs TMNIX
SDHIX	Lord Abbett Short Duration High Income Municipal B...	-3.22%	Jun 14, 2015	AMHIX vs SDHIX
NVHIX	Nuveen Short Duration High Yield Municipal Bond Fu...	-3.63%	Jan 31, 2013	AMHIX vs NVHIX
ISHYX	Invesco Short Duration High Yield Municipal Fund	-3.79%	Sep 29, 2015	AMHIX vs ISHYX
AHYMX	abrdn Short Duration High Yield Municipal Fund	-3.81%	May 30, 2013	AMHIX vs AHYMX

Other Mutual Funds from American Funds

Most popular American Funds mutual funds on PortfoliosLab, across asset classes.

Symbol	Name	Category	Risk / Return Rank	YTD Return	Inception
ABALX	American Funds American Balanced Fund Class A	Diversified Portfolio	81	-2.86%	Jul 26, 1975	AMHIX vs ABALX
AIVSX	American Funds Investment Company of America Class...	Large Cap Blend Equities	48	-7.68%	Jan 1, 1934	AMHIX vs AIVSX
RGAGX	American Funds The Growth Fund of America Class R-...	Large Cap Growth Equities	30	-11.15%	Dec 1, 1973	AMHIX vs RGAGX
AWSHX	American Funds Washington Mutual Investors Fund Cl...	Large Cap Blend Equities	38	-5.27%	Jul 31, 1952	AMHIX vs AWSHX
RERGX	American Funds EuroPacific Growth Fund Class R-6	Foreign Large Cap Equities, Large Cap Growth Equities	57	-5.45%	—	AMHIX vs RERGX
ANCFX	American Funds Fundamental Investors Class A	Large Cap Blend Equities	70	-6.13%	Jan 8, 1978	AMHIX vs ANCFX
ANWPX	American Funds New Perspective Fund Class A	Large Cap Growth Equities, Global Equities	38	-8.14%	Mar 13, 1973	AMHIX vs ANWPX
GFFFX	American Funds The Growth Fund of America	Large Cap Growth Equities	29	-11.18%	Dec 1, 1973	AMHIX vs GFFFX
AMECX	American Funds The Income Fund of America Class A	Diversified Portfolio, Dividend, Actively Managed	81	1.48%	Dec 1, 1973	AMHIX vs AMECX
AMCPX	American Funds AMCAP Fund Class A	Large Cap Growth Equities	23	-11.82%	Jan 5, 1967	AMHIX vs AMCPX

Often Compared With AMHIX

What investors most often compare with AMHIX, based on PortfoliosLab usage data.

Symbol	Name	Category	Risk / Return Rank	YTD Return	Inception
AFTEX	American Funds Tax Exempt Bond Fund	Municipal Bonds	48	-0.65%	Oct 2, 1979	AMHIX vs AFTEX
AMUSX	American Funds U.S. Government Securities Fund	Government Bonds	44	-0.80%	Oct 16, 1985	AMHIX vs AMUSX
HHMIX	Hartford Municipal Opportunities Fund	Municipal Bonds	68	-0.62%	May 30, 2007	AMHIX vs HHMIX
ORNAX	Invesco Rochester Municipal Opportunities Fund	High Yield Muni	9	-1.52%	Sep 30, 1993	AMHIX vs ORNAX
LTEBX	American Funds Limited Term Tax-Exempt Bond Fund	Municipal Bonds	82	-0.43%	Oct 5, 1993	AMHIX vs LTEBX
VTEB	Vanguard Tax-Exempt Bond ETF	Municipal Bonds	54	-0.23%	Aug 21, 2015	AMHIX vs VTEB
MGK	Vanguard Mega Cap Growth ETF	Large Cap Growth Equities	51	-10.90%	Dec 17, 2007	AMHIX vs MGK
VOO	Vanguard S&P 500 ETF	S&P 500	65	-4.42%	Sep 7, 2010	AMHIX vs VOO
FLMI	Franklin Liberty Federal Intermediate Tax-Free Bon...	Municipal Bonds, Actively Managed	65	0.28%	Aug 31, 2017	AMHIX vs FLMI
SCHD	Schwab U.S. Dividend Equity ETF	Dividend	52	12.79%	Oct 20, 2011	AMHIX vs SCHD
SHYTX	DWS Strategic High Yield Tax	High Yield Muni	26	-0.53%	Jan 21, 1987	AMHIX vs SHYTX
CGMU	Capital Group Municipal Income ETF	Municipal Bonds	74	-0.02%	Oct 25, 2022	AMHIX vs CGMU
FSMNX	Fidelity SAI Municipal Income Fund	Municipal Bonds	53	-0.80%	Oct 2, 2018	AMHIX vs FSMNX
JMST	JPMorgan Ultra-Short Municipal Income ETF	Ultrashort Bond	98	0.50%	Oct 16, 2018	AMHIX vs JMST
ABNFX	American Funds The Bond Fund of America® Class F-2	Intermediate Core Bond	52	-0.82%	Aug 4, 2008	AMHIX vs ABNFX
FBNDX	Fidelity Investment Grade Bond Fund	Total Bond Market	53	-0.50%	Aug 6, 1971	AMHIX vs FBNDX
RTHAX	Russell Investments Tax-Exempt High Yield Bond Fun...	High Yield Muni	13	-0.36%	May 31, 2015	AMHIX vs RTHAX
ABNDX	American Funds The Bond Fund of America	Intermediate Core Bond	47	-0.85%	May 28, 1974	AMHIX vs ABNDX
ACTHX	Invesco High Yield Municipal Fund	High Yield Muni	23	-0.69%	Jan 1, 1986	AMHIX vs ACTHX
FTABX	Fidelity Tax-Free Bond Fund	Municipal Bonds	56	-0.77%	Apr 10, 2001	AMHIX vs FTABX

Compare AMHIX with Any Fund or Stock

Compare AMHIX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.

Symbol name

American High-Income Municipal Bond Fund

Symbol name