FDUAX Alternatives & Similar Mutual Funds

First Eagle Short Duration High Yield Municipal Fund Class A (FDUAX) 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 FDUAX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.

Cheapest Alternatives to FDUAX

FDUAX charges 0.87% annually. There are 39 mutual funds in the High Yield Muni category with lower expense ratios, going as low as 0.09%.

Symbol	Name	Expense Ratio	AUM	Inception
VWALX	Vanguard High-Yield Tax-Exempt Fund Admiral Shares	0.09%	17.60B	Nov 2001	FDUAX vs VWALX
BATEX	BlackRock Allocation Target Shares Series E Portfo...	0.11%	—	Aug 2014	FDUAX vs BATEX
VWAHX	Vanguard High-Yield Tax-Exempt Fund Investor Share...	0.17%	17.60B	Dec 1978	FDUAX vs VWAHX
EWHYX	Eaton Vance High Yield Municipal Income Fund Class...	0.18%	—	May 2007	FDUAX vs EWHYX
HIMFX	American High-Income Municipal Bond Fund Class F-3	0.31%	—	Jan 2017	FDUAX vs HIMFX

Best Risk-Adjusted Alternatives to FDUAX

FDUAX has a PortfoliosLab risk / return rank of 10. There are 50 mutual funds in the High Yield Muni category with higher risk-adjusted ranks, going as high as 93.

Symbol	Name	Risk / Return Rank	AUM	Inception
PRFHX	T. Rowe Price Tax Free High Yield Fund	93	—	Feb 1985	FDUAX vs PRFHX
FHTFX	Federated Hermes Municipal High Yield Advtg Fd	91	—	Apr 1987	FDUAX vs FHTFX
ISHYX	Invesco Short Duration High Yield Municipal Fund	89	—	Sep 2015	FDUAX vs ISHYX
SRHMX	Columbia High Yield Municipal Fund	83	—	Mar 1984	FDUAX vs SRHMX
EWHYX	Eaton Vance High Yield Municipal Income Fund Class...	82	—	May 2007	FDUAX vs EWHYX

Top Performing FDUAX Alternatives (YTD)

FDUAX is at 2.04% YTD. There are 43 mutual funds in the High Yield Muni category with higher YTD returns, going as high as 5.38%.

Symbol	Name	YTD Return	AUM	Inception
NMZ	Nuveen Municipal High Income Opportunity Fund	5.38%	—	Nov 2003	FDUAX vs NMZ
EWHYX	Eaton Vance High Yield Municipal Income Fund Class...	3.60%	—	May 2007	FDUAX vs EWHYX
NHMFX	Nuveen High Yield Municipal Bond Fund Class R6	3.41%	—	Jun 2016	FDUAX vs NHMFX
SRHMX	Columbia High Yield Municipal Fund	3.38%	—	Mar 1984	FDUAX vs SRHMX
NHMRX	Nuveen High Yield Municipal Bond Fund	3.32%	—	Jun 1999	FDUAX vs NHMRX

Lowest Volatility Alternatives to FDUAX

FDUAX has 3.19% 1-year volatility. There are 14 mutual funds in the High Yield Muni category with lower 1-year volatility, going as low as 2.02%.

Symbol	Name	Volatility 1Y	AUM	Inception
RWMIX	Redwood Managed Municipal Income Fund	2.02%	—	Mar 2017	FDUAX vs RWMIX
SDHIX	Lord Abbett Short Duration High Income Municipal B...	2.06%	—	Jun 2015	FDUAX vs SDHIX
NVHIX	Nuveen Short Duration High Yield Municipal Bond Fu...	2.24%	—	Jan 2013	FDUAX vs NVHIX
ISHYX	Invesco Short Duration High Yield Municipal Fund	2.30%	—	Sep 2015	FDUAX vs ISHYX
TMNIX	Counterpoint Tactical Municipal Fund	2.56%	—	Jun 2018	FDUAX vs TMNIX

Lowest Drawdown Alternatives to FDUAX

FDUAX has a 1-year max drawdown of -3.43%. There are 43 mutual funds in the High Yield Muni category with shallower 1-year drawdowns, going as shallow as -1.80%.

Symbol	Name	Max Drawdown 1Y	AUM	Inception
NVHIX	Nuveen Short Duration High Yield Municipal Bond Fu...	-1.80%	—	Jan 2013	FDUAX vs NVHIX
ISHYX	Invesco Short Duration High Yield Municipal Fund	-1.89%	—	Sep 2015	FDUAX vs ISHYX
AHYMX	abrdn Short Duration High Yield Municipal Fund	-1.98%	—	May 2013	FDUAX vs AHYMX
SDHIX	Lord Abbett Short Duration High Income Municipal B...	-2.08%	—	Jun 2015	FDUAX vs SDHIX
TMNIX	Counterpoint Tactical Municipal Fund	-2.26%	—	Jun 2018	FDUAX vs TMNIX

Other Mutual Funds from First Eagle

The 10 most viewed First Eagle mutual funds shown here include SGIIX, SGENX, SGGDX and span 8 categories.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
SGIIX	First Eagle Global Fund Class I	Global Equities	43	4.91%	—	—	FDUAX vs SGIIX
SGENX	First Eagle Global Fund Class A	Global Equities	42	4.80%	—	Jan 1979	FDUAX vs SGENX
SGGDX	First Eagle Gold Fund	Gold, Precious Metals	20	-3.13%	—	Aug 1993	FDUAX vs SGGDX
SGOIX	First Eagle Overseas Fund Class I	Large Cap Blend Equities, Foreign Large Cap Equities	51	7.79%	—	—	FDUAX vs SGOIX
SGOVX	First Eagle Overseas Fund	Foreign Large Cap Equities	50	7.67%	—	Aug 1993	FDUAX vs SGOVX
FEGIX	First Eagle Gold Fund Class I	Gold, Commodities, Precious Metals	20	-3.01%	—	Aug 1993	FDUAX vs FEGIX
FEHIX	First Eagle High Income Fund	High Yield Bonds	12	3.15%	—	Nov 2007	FDUAX vs FEHIX
FEBIX	First Eagle Global Income Builder Fund	Global Allocation	60	7.17%	—	Apr 2012	FDUAX vs FEBIX
FESGX	First Eagle Global Fund Class C	Global Allocation	39	4.42%	—	Jan 1979	FDUAX vs FESGX
FEAMX	First Eagle Fund of America	Large Cap Blend Equities	46	4.88%	—	Mar 1998	FDUAX vs FEAMX

Often Compared With FDUAX

Investors most often compare FDUAX with FEVIX, FESCX, AHMFX. These 12 comparison targets span 3 categories, based on PortfoliosLab usage data.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
FEVIX	First Eagle U.S. Value Fund	Diversified Portfolio	28	0.88%	—	Sep 2001	FDUAX vs FEVIX
FESCX	First Eagle Small Cap Opportunity Fund	Small Cap Value Equities	89	30.84%	—	Apr 2021	FDUAX vs FESCX
AHMFX	American High-Income Municipal Bond Fund Class F-2	High Yield Muni	79	2.46%	—	Aug 2008	FDUAX vs AHMFX
PHMIX	PIMCO High Yield Municipal Bond Fund	High Yield Muni	65	2.42%	—	Jul 2006	FDUAX vs PHMIX
MISHX	AB Municipal Income Shares	High Yield Muni	70	2.13%	—	Aug 2010	FDUAX vs MISHX
RTHAX	Russell Investments Tax-Exempt High Yield Bond Fun...	High Yield Muni	68	2.98%	—	May 2015	FDUAX vs RTHAX
NMHIX	Neuberger Berman Municipal High Income Fund	High Yield Muni	—	—	—	Jun 2015	FDUAX vs NMHIX
DHMBX	BNY Mellon High Yield Municipal Bond Fund	High Yield Muni	67	3.23%	—	Sep 2005	FDUAX vs DHMBX
NHMAX	Nuveen High Yield Municipal Bond Fund Class A	High Yield Muni	59	3.31%	—	Jun 1999	FDUAX vs NHMAX
AMHIX	American High-Income Municipal Bond Fund	High Yield Muni	77	2.36%	—	Sep 1994	FDUAX vs AMHIX
ETHYX	Eaton Vance High Yield Municipal Income Fund	High Yield Muni	76	3.17%	—	Aug 1995	FDUAX vs ETHYX
THYIX	Transamerica High Yield Muni	High Yield Muni	64	2.46%	—	Jul 2013	FDUAX vs THYIX

Compare FDUAX with Any Fund or Stock

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

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Diversifiers

Pair FDUAX with funds that move differently

First Eagle Short Duration High Yield Municipal Fund Class A alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to FDUAX.

Explore FDUAX Diversifiers

First Eagle Short Duration High Yield Municipal Fund Class A (FDUAX) Alternatives