American Funds Short-Term Tax Exempt Bond Fund (ASTEX) Alternatives

American Funds Short-Term Tax Exempt Bond Fund (ASTEX) 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 ASTEX. 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 ASTEX

ASTEX charges 0.53% annually. Among mutual funds in the Municipal Bonds category, these options have the lowest expense ratios among ASTEX alternatives.

Symbol	Name	Expense Ratio	Inception
LSMSX	Western Asset SMASh Series TF Fund	0.01%	Dec 22, 2015	ASTEX vs LSMSX
NMTRX	Nuveen Municipal Total Return Managed Accounts	0.05%	May 30, 2007	ASTEX vs NMTRX
FHMIX	Federated Hermes Conservative Municipal Microshort...	0.05%	Feb 2, 2021	ASTEX vs FHMIX
FSMUX	Strategic Advisers Municipal Bond Fund	0.06%	Jun 24, 2021	ASTEX vs FSMUX
FMBIX	Fidelity Municipal Bond Index Fund	0.07%	Jul 11, 2019	ASTEX vs FMBIX

Best Risk-Adjusted Alternatives to ASTEX

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
ATOIX	abrdn Ultra Short Municipal Income Fund	100	Dec 4, 2002	ASTEX vs ATOIX
TFCYX	SEI Institutional Managed Trust Tax-Free Conservat...	99	Apr 21, 2016	ASTEX vs TFCYX
APUSX	Cavanal Hill Ultra Short Tax-Free Income Fund	99	Dec 25, 2017	ASTEX vs APUSX
FHMIX	Federated Hermes Conservative Municipal Microshort...	99	Feb 2, 2021	ASTEX vs FHMIX
USMTX	JPMorgan Ultra-Short Municipal Fund	99	May 30, 2016	ASTEX vs USMTX

Top Performing ASTEX Alternatives (YTD)

ASTEX alternatives from the Municipal Bonds category, sorted by year-to-date return.

Symbol	Name	YTD Return	Inception
NMI	Nuveen Municipal Income Fund, Inc.	6.43%	Apr 20, 1998	ASTEX vs NMI
NPV	Nuveen Virginia Quality Municipal Income Fund	4.12%	Mar 18, 1993	ASTEX vs NPV
NRK	Nuveen New York AMT Free Quality Municipal Income	3.25%	Nov 21, 2002	ASTEX vs NRK
MIY	BlackRock MuniYield Michigan Quality Fund	2.55%	Oct 30, 1992	ASTEX vs MIY
NQP	Nuveen Pennsylvania Quality Municipal Income	2.31%	Feb 21, 1991	ASTEX vs NQP

Lowest Volatility Alternatives to ASTEX

ASTEX alternatives from the Municipal Bonds category, sorted by annualized volatility over the past year.

Symbol	Name	Volatility 1Y	Inception
DFSMX	DFA Short Term Municipal Bond Portfolio	0.68%	Aug 19, 2002	ASTEX vs DFSMX
USMSX	JPMorgan Ultra-Short Municipal Fund	0.69%	May 31, 2016	ASTEX vs USMSX
USMTX	JPMorgan Ultra-Short Municipal Fund	0.70%	May 30, 2016	ASTEX vs USMTX
DFABX	DFA Short-Term Selective State Municipal Bond Port...	0.71%	Apr 11, 2022	ASTEX vs DFABX
BATVX	BlackRock Allocation Target Shares	0.76%	May 20, 2021	ASTEX vs BATVX

Lowest Drawdown Alternatives to ASTEX

ASTEX alternatives from the Municipal Bonds category, sorted by maximum drawdown over the past year.

Symbol	Name	Max Drawdown 1Y	Inception
BATVX	BlackRock Allocation Target Shares	0.00%	May 20, 2021	ASTEX vs BATVX
ATOIX	abrdn Ultra Short Municipal Income Fund	-0.10%	Dec 4, 2002	ASTEX vs ATOIX
TFCYX	SEI Institutional Managed Trust Tax-Free Conservat...	-0.10%	Apr 21, 2016	ASTEX vs TFCYX
APUSX	Cavanal Hill Ultra Short Tax-Free Income Fund	-0.20%	Dec 25, 2017	ASTEX vs APUSX
FHMIX	Federated Hermes Conservative Municipal Microshort...	-0.20%	Feb 2, 2021	ASTEX vs FHMIX

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

Often Compared With ASTEX

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

Symbol	Name	Category	Risk / Return Rank	YTD Return	Inception
AAATX	American Funds 2010 Target Date Retirement Fund	Target Retirement Date	82	-0.82%	Jan 31, 2007	ASTEX vs AAATX
NYAAX	American Funds Tax-Exempt Fund of New York	Municipal Bonds	33	-0.57%	Oct 31, 2010	ASTEX vs NYAAX
TEPAX	American Funds Tax-Exempt Preservation Portfolio	Municipal Bonds	85	-0.13%	May 17, 2012	ASTEX vs TEPAX
LTEBX	American Funds Limited Term Tax-Exempt Bond Fund	Municipal Bonds	82	-0.43%	Oct 5, 1993	ASTEX vs LTEBX
AFTEX	American Funds Tax Exempt Bond Fund	Municipal Bonds	48	-0.65%	Oct 2, 1979	ASTEX vs AFTEX
EBNAX	American Funds Emerging Markets Bond Fund	Emerging Markets Bonds	90	-2.39%	Apr 21, 2016	ASTEX vs EBNAX
INPAX	American Funds Conservative Growth and Income Port...	Diversified Portfolio	68	-1.90%	May 17, 2012	ASTEX vs INPAX
MIAQX	American Funds Multi-Sector Income Fund	Multisector Bonds	67	-1.59%	Mar 21, 2019	ASTEX vs MIAQX
FXAIX	Fidelity 500 Index Fund	S&P 500	46	-7.05%	Feb 17, 1988	ASTEX vs FXAIX
VGIT	Vanguard Intermediate-Term Treasury ETF	Government Bonds	64	-0.03%	Nov 19, 2009	ASTEX vs VGIT
AMUSX	American Funds U.S. Government Securities Fund	Government Bonds	44	-0.80%	Oct 16, 1985	ASTEX vs AMUSX
NAARX	American Funds Retirement Income Portfolio - Conse...	Diversified Portfolio	76	-1.10%	Aug 27, 2015	ASTEX vs NAARX
TAIAX	American Funds Tax-Aware Conservative Growth and I...	Diversified Portfolio	69	-2.55%	May 17, 2012	ASTEX vs TAIAX
BIL	SPDR Barclays 1-3 Month T-Bill ETF	Government Bonds	100	0.85%	May 25, 2007	ASTEX vs BIL
BOND	PIMCO Active Bond ETF	Intermediate Core-Plus Bond, Actively Managed	60	-0.02%	Mar 1, 2012	ASTEX vs BOND
AIBAX	American Funds Intermediate Bond Fund of America	Short-Term Bond	73	-0.59%	Feb 19, 1988	ASTEX vs AIBAX
FGNSX	Strategic Advisers Tax-Sensitive Short Duration Fu...	Municipal Bonds	48	-0.10%	Dec 27, 2017	ASTEX vs FGNSX

Compare ASTEX with Any Fund or Stock

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

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American Funds Short-Term Tax Exempt Bond Fund

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