Eaton Vance High Yield Municipal Income Fund Class W (EWHYX) Alternatives

Eaton Vance High Yield Municipal Income Fund Class W (EWHYX) 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 EWHYX. 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 EWHYX

EWHYX charges 0.18% annually. Among mutual funds in the High Yield Muni category, these options have the lowest expense ratios among EWHYX alternatives.

Symbol	Name	Expense Ratio	Inception
BATEX	BlackRock Allocation Target Shares Series E Portfo...	0.11%	Aug 3, 2014	EWHYX vs BATEX
HIMFX	American High-Income Municipal Bond Fund Class F-3	0.31%	Jan 27, 2017	EWHYX vs HIMFX
AHMFX	American High-Income Municipal Bond Fund Class F-2	0.42%	Aug 1, 2008	EWHYX vs AHMFX
SDHIX	Lord Abbett Short Duration High Income Municipal B...	0.50%	Jun 14, 2015	EWHYX vs SDHIX
NHMRX	Nuveen High Yield Municipal Bond Fund	0.52%	Jun 6, 1999	EWHYX vs NHMRX

Best Risk-Adjusted Alternatives to EWHYX

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	78	Jun 10, 2018	EWHYX vs TMNIX
PRFHX	T. Rowe Price Tax Free High Yield Fund	62	Feb 28, 1985	EWHYX vs PRFHX
SDHIX	Lord Abbett Short Duration High Income Municipal B...	60	Jun 14, 2015	EWHYX vs SDHIX
ISHYX	Invesco Short Duration High Yield Municipal Fund	44	Sep 29, 2015	EWHYX vs ISHYX
MISHX	AB Municipal Income Shares	34	Aug 31, 2010	EWHYX vs MISHX

Top Performing EWHYX Alternatives (YTD)

EWHYX 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	3.39%	Nov 19, 2003	EWHYX vs NMZ
PRFHX	T. Rowe Price Tax Free High Yield Fund	0.63%	Feb 28, 1985	EWHYX vs PRFHX
NVHIX	Nuveen Short Duration High Yield Municipal Bond Fu...	0.58%	Jan 31, 2013	EWHYX vs NVHIX
ISHYX	Invesco Short Duration High Yield Municipal Fund	0.35%	Sep 29, 2015	EWHYX vs ISHYX
NHMFX	Nuveen High Yield Municipal Bond Fund Class R6	0.16%	Jun 30, 2016	EWHYX vs NHMFX

Lowest Volatility Alternatives to EWHYX

EWHYX 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	2.34%	Jun 10, 2018	EWHYX vs TMNIX
SDHIX	Lord Abbett Short Duration High Income Municipal B...	3.45%	Jun 14, 2015	EWHYX vs SDHIX
NVHIX	Nuveen Short Duration High Yield Municipal Bond Fu...	3.81%	Jan 31, 2013	EWHYX vs NVHIX
ISHYX	Invesco Short Duration High Yield Municipal Fund	3.82%	Sep 29, 2015	EWHYX vs ISHYX
RWMIX	Redwood Managed Municipal Income Fund	3.88%	Mar 8, 2017	EWHYX vs RWMIX

Lowest Drawdown Alternatives to EWHYX

EWHYX 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	EWHYX vs TMNIX
SDHIX	Lord Abbett Short Duration High Income Municipal B...	-3.22%	Jun 14, 2015	EWHYX vs SDHIX
NVHIX	Nuveen Short Duration High Yield Municipal Bond Fu...	-3.63%	Jan 31, 2013	EWHYX vs NVHIX
ISHYX	Invesco Short Duration High Yield Municipal Fund	-3.79%	Sep 29, 2015	EWHYX vs ISHYX
AHYMX	abrdn Short Duration High Yield Municipal Fund	-3.81%	May 30, 2013	EWHYX vs AHYMX

Other Mutual Funds from Eaton Vance

Most popular Eaton Vance mutual funds on PortfoliosLab, across asset classes.

Symbol	Name	Category	Risk / Return Rank	YTD Return	Inception
EGRIX	Eaton Vance Global Macro Absolute Return Advantage...	Nontraditional Bonds	99	3.42%	Aug 30, 2010	EWHYX vs EGRIX
ETG	Eaton Vance Tax Advantaged Global Dividend Income ...	Global Equities	60	-8.73%	Jan 30, 2004	EWHYX vs ETG
EXG	Eaton Vance Tax-Managed Global Diversified Equity ...	Dividend, Global Equity Income	55	-5.16%	Feb 27, 2007	EWHYX vs EXG
EIAMX	Eaton Vance Multi-Asset Credit Fund	High Yield Bonds	92	-0.88%	Oct 31, 2011	EWHYX vs EIAMX
EIMAX	Eaton Vance Massachusetts Municipal Income Fund	Municipal Bonds	29	-0.44%	Jun 16, 1993	EWHYX vs EIMAX
EIRAX	Eaton Vance Richard Bernstein All Asset Strategy F...	Tactical Allocation	59	-1.78%	Sep 29, 2011	EWHYX vs EIRAX
EELDX	Eaton Vance Emerging Markets Debt Opportunities Fu...	Emerging Markets Bonds	98	1.45%	Feb 3, 2013	EWHYX vs EELDX
EHSTX	Eaton Vance Large-Cap Value Fund	Large Cap Value Equities	33	0.60%	Sep 23, 1931	EWHYX vs EHSTX
EEIAX	Eaton Vance Emerging Markets Local Income Fund	Emerging Markets Bonds	94	-0.99%	Jun 26, 2007	EWHYX vs EEIAX
EISMX	Eaton Vance Atlanta Capital SMID-Cap Fund	Mid Cap Growth Equities	2	-4.80%	Apr 30, 2002	EWHYX vs EISMX

Often Compared With EWHYX

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

Symbol	Name	Category	Risk / Return Rank	YTD Return	Inception
ABTYX	AB High Income Municipal Portfolio	High Yield Muni	17	-0.57%	Jan 25, 2010	EWHYX vs ABTYX
NSIOX	Nuveen Strategic Municipal Opportunities Fund	High Yield Muni	20	-0.07%	Dec 15, 2014	EWHYX vs NSIOX
HIMYX	Pioneer High Income Municipal Fund	High Yield Muni	3	-0.90%	Oct 15, 2006	EWHYX vs HIMYX
FRHIX	Franklin High Yield Tax Free Income Fund	High Yield Muni	26	-0.18%	Mar 17, 1986	EWHYX vs FRHIX
ABHYX	American Century High-Yield Municipal Fund	High Yield Muni	21	-0.31%	Mar 30, 1998	EWHYX vs ABHYX
AMHIX	American High-Income Municipal Bond Fund	High Yield Muni	29	-0.18%	Sep 25, 1994	EWHYX vs AMHIX
ORNAX	Invesco Rochester Municipal Opportunities Fund	High Yield Muni	6	-1.21%	Sep 30, 1993	EWHYX vs ORNAX
GWMEX	AMG GW&K Municipal Enhanced Yield Fund	High Yield Muni	12	-0.89%	Dec 29, 2005	EWHYX vs GWMEX
SHYTX	DWS Strategic High Yield Tax	High Yield Muni	24	-0.15%	Jan 21, 1987	EWHYX vs SHYTX
GHYIX	Goldman Sachs High Yield Municipal Fund Institutio...	High Yield Muni	14	-0.35%	Apr 3, 2000	EWHYX vs GHYIX
RFM	RiverNorth Flexible Municipal Income Fund	High Yield Muni	6	2.36%	—	EWHYX vs RFM
NMHIX	Neuberger Berman Municipal High Income Fund	High Yield Muni	26	0.01%	Jun 21, 2015	EWHYX vs NMHIX
FDUAX	First Eagle Short Duration High Yield Municipal Fu...	High Yield Muni	3	-0.24%	Feb 2, 2024	EWHYX vs FDUAX
MMHYX	MFS Municipal High Income Fund	High Yield Muni	24	-0.10%	Feb 23, 1984	EWHYX vs MMHYX
NMCO	Nuveen Municipal Credit Opportunities Fund	High Yield Muni	18	6.43%	Apr 18, 2019	EWHYX vs NMCO
JHTFX	John Hancock High Yield Municipal Bond Fund	High Yield Muni	7	-0.34%	Dec 30, 1993	EWHYX vs JHTFX
STXAX	Western Asset Municipal High Income Fund	High Yield Muni	18	-0.17%	Nov 5, 1992	EWHYX vs STXAX
THYIX	Transamerica High Yield Muni	High Yield Muni	15	0.02%	Jul 30, 2013	EWHYX vs THYIX
ACTHX	Invesco High Yield Municipal Fund	High Yield Muni	17	-0.32%	Jan 1, 1986	EWHYX vs ACTHX
CXHYX	Delaware National High-Yield Municipal Bond Fund	High Yield Muni	6	-0.46%	Sep 21, 1986	EWHYX vs CXHYX

Compare EWHYX with Any Fund or Stock

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

Symbol name

Eaton Vance High Yield Municipal Income Fund Class W

Symbol name