Delaware Minnesota High-Yield Municipal Bond Fund (DVMHX) Alternatives
Delaware Minnesota High-Yield Municipal Bond Fund (DVMHX) 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 DVMHX. 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 DVMHX
DVMHX charges 0.88% annually. Among mutual funds in the Municipal Bonds category, these options have the lowest expense ratios among DVMHX alternatives.
| Symbol | Name | Expense Ratio | Inception | |
|---|---|---|---|---|
| Western Asset SMASh Series TF Fund | 0.01% | Dec 22, 2015 | DVMHX vs LSMSX | |
| Nuveen Municipal Total Return Managed Accounts | 0.05% | May 30, 2007 | DVMHX vs NMTRX | |
| Federated Hermes Conservative Municipal Microshort... | 0.05% | Feb 2, 2021 | DVMHX vs FHMIX | |
| Strategic Advisers Municipal Bond Fund | 0.06% | Jun 24, 2021 | DVMHX vs FSMUX | |
| Fidelity Municipal Bond Index Fund | 0.07% | Jul 11, 2019 | DVMHX vs FMBIX |
Best Risk-Adjusted Alternatives to DVMHX
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 | |
|---|---|---|---|---|
| abrdn Ultra Short Municipal Income Fund | 100 | Dec 4, 2002 | DVMHX vs ATOIX | |
| SEI Institutional Managed Trust Tax-Free Conservat... | 99 | Apr 21, 2016 | DVMHX vs TFCYX | |
| Cavanal Hill Ultra Short Tax-Free Income Fund | 99 | Dec 25, 2017 | DVMHX vs APUSX | |
| Federated Hermes Conservative Municipal Microshort... | 99 | Feb 2, 2021 | DVMHX vs FHMIX | |
| JPMorgan Ultra-Short Municipal Fund | 99 | May 30, 2016 | DVMHX vs USMTX |
Top Performing DVMHX Alternatives (YTD)
DVMHX alternatives from the Municipal Bonds category, sorted by year-to-date return.
| Symbol | Name | YTD Return | Inception | |
|---|---|---|---|---|
| Nuveen Municipal Income Fund, Inc. | 6.43% | Apr 20, 1998 | DVMHX vs NMI | |
| Nuveen Virginia Quality Municipal Income Fund | 4.12% | Mar 18, 1993 | DVMHX vs NPV | |
| Nuveen New York AMT Free Quality Municipal Income | 3.25% | Nov 21, 2002 | DVMHX vs NRK | |
| BlackRock MuniYield Michigan Quality Fund | 2.55% | Oct 30, 1992 | DVMHX vs MIY | |
| Nuveen Pennsylvania Quality Municipal Income | 2.31% | Feb 21, 1991 | DVMHX vs NQP |
Lowest Volatility Alternatives to DVMHX
DVMHX alternatives from the Municipal Bonds category, sorted by annualized volatility over the past year.
| Symbol | Name | Volatility 1Y | Inception | |
|---|---|---|---|---|
| DFA Short Term Municipal Bond Portfolio | 0.68% | Aug 19, 2002 | DVMHX vs DFSMX | |
| JPMorgan Ultra-Short Municipal Fund | 0.69% | May 31, 2016 | DVMHX vs USMSX | |
| JPMorgan Ultra-Short Municipal Fund | 0.70% | May 30, 2016 | DVMHX vs USMTX | |
| DFA Short-Term Selective State Municipal Bond Port... | 0.71% | Apr 11, 2022 | DVMHX vs DFABX | |
| BlackRock Allocation Target Shares | 0.76% | May 20, 2021 | DVMHX vs BATVX |
Lowest Drawdown Alternatives to DVMHX
DVMHX alternatives from the Municipal Bonds category, sorted by maximum drawdown over the past year.
| Symbol | Name | Max Drawdown 1Y | Inception | |
|---|---|---|---|---|
| BlackRock Allocation Target Shares | 0.00% | May 20, 2021 | DVMHX vs BATVX | |
| abrdn Ultra Short Municipal Income Fund | -0.10% | Dec 4, 2002 | DVMHX vs ATOIX | |
| SEI Institutional Managed Trust Tax-Free Conservat... | -0.10% | Apr 21, 2016 | DVMHX vs TFCYX | |
| Cavanal Hill Ultra Short Tax-Free Income Fund | -0.20% | Dec 25, 2017 | DVMHX vs APUSX | |
| Federated Hermes Conservative Municipal Microshort... | -0.20% | Feb 2, 2021 | DVMHX vs FHMIX |
Other Mutual Funds from Delaware Funds by Macquarie
Most popular Delaware Funds by Macquarie mutual funds on PortfoliosLab, across asset classes.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | Inception | |
|---|---|---|---|---|---|---|
| Delaware Healthcare Fund | Health & Biotech Equities | 31 | -5.80% | Sep 27, 2007 | DVMHX vs DLHIX | |
| Delaware Floating Rate Fund | Bank Loan | 94 | -0.86% | Feb 25, 2010 | DVMHX vs DDFLX | |
| Delaware Ivy Balanced Fund | Diversified Portfolio | 30 | -5.40% | Nov 15, 1987 | DVMHX vs IBNAX | |
| Delaware Ivy Systematic Emerging Markets Equity Fu... | Emerging Markets Diversified | 76 | 2.17% | Oct 24, 1993 | DVMHX vs IPOAX | |
| Delaware Ivy Global Growth Fund | Global Equities | 22 | -7.19% | Apr 29, 1986 | DVMHX vs IVINX | |
| Delaware Extended Duration Bond Fund | Long-Term Bond | 15 | -1.82% | Sep 14, 1998 | DVMHX vs DEEIX | |
| Delaware Tax-Free Minnesota Fund | Municipal Bonds | 25 | -1.13% | Feb 26, 1984 | DVMHX vs DEFFX | |
| Delaware Strategic Income Fund | Multisector Bonds | 84 | -2.06% | Aug 15, 1985 | DVMHX vs DEGGX |
Often Compared With DVMHX
What investors most often compare with DVMHX, based on PortfoliosLab usage data.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | Inception | |
|---|---|---|---|---|---|---|
| Mairs & Power Minnesota Municipal Bond ETF | Municipal Bonds | 38 | -1.20% | Mar 11, 2021 | DVMHX vs MINN | |
| Nuveen High Yield Municipal Bond Fund | High Yield Muni | 15 | -0.75% | Jun 6, 1999 | DVMHX vs NHMRX | |
| Strategic Advisers Tax-Sensitive Short Duration Fu... | Municipal Bonds | 48 | -0.10% | Dec 27, 2017 | DVMHX vs FGNSX | |
| DFA California Municipal Real Return Portfolio | Municipal Bonds | 94 | 1.09% | Oct 31, 2017 | DVMHX vs DCARX | |
| DFA Municipal Real Return Portfolio | Municipal Bonds | 94 | 1.10% | Nov 3, 2014 | DVMHX vs DMREX |
Compare DVMHX with Any Fund or Stock
Compare DVMHX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.