First Eagle High Yield Municipal Fund Class A (FEHAX) 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 FEHAX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to FEHAX
FEHAX charges 1.13% annually. There are 44 mutual funds in the High Yield Muni category with lower expense ratios, going as low as 0.11%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| BlackRock Allocation Target Shares Series E Portfo... | 0.11% | — | Aug 2014 | FEHAX vs BATEX | |
| Eaton Vance High Yield Municipal Income Fund Class... | 0.18% | — | May 2007 | FEHAX vs EWHYX | |
| American High-Income Municipal Bond Fund Class F-3 | 0.31% | — | Jan 2017 | FEHAX vs HIMFX | |
| American High-Income Municipal Bond Fund Class F-2 | 0.42% | — | Aug 2008 | FEHAX vs AHMFX | |
| Lord Abbett Short Duration High Income Municipal B... | 0.50% | — | Jun 2015 | FEHAX vs SDHIX |
Best Risk-Adjusted Alternatives to FEHAX
FEHAX has a PortfoliosLab risk / return rank of 10. There are 47 mutual funds in the High Yield Muni category with higher risk-adjusted ranks, going as high as 91.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| T. Rowe Price Tax Free High Yield Fund | 91 | — | Feb 1985 | FEHAX vs PRFHX | |
| Invesco Short Duration High Yield Municipal Fund | 88 | — | Sep 2015 | FEHAX vs ISHYX | |
| Federated Hermes Municipal High Yield Advtg Fd | 86 | — | Apr 1987 | FEHAX vs FHTFX | |
| Columbia High Yield Municipal Fund | 79 | — | Mar 1984 | FEHAX vs SRHMX | |
| American High-Income Municipal Bond Fund Class F-3 | 79 | — | Jan 2017 | FEHAX vs HIMFX |
Top Performing FEHAX Alternatives (YTD)
FEHAX is at 2.67% YTD. There are 16 mutual funds in the High Yield Muni category with higher YTD returns, going as high as 3.35%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Eaton Vance High Yield Municipal Income Fund Class... | 3.35% | — | May 2007 | FEHAX vs EWHYX | |
| Nuveen Municipal High Income Opportunity Fund | 3.29% | — | Nov 2003 | FEHAX vs NMZ | |
| Nuveen High Yield Municipal Bond Fund Class R6 | 3.20% | — | Jun 2016 | FEHAX vs NHMFX | |
| Nuveen High Yield Municipal Bond Fund | 3.18% | — | Jun 1999 | FEHAX vs NHMRX | |
| Nuveen High Yield Municipal Bond Fund Class A | 3.09% | — | Jun 1999 | FEHAX vs NHMAX |
Lowest Volatility Alternatives to FEHAX
FEHAX has 4.85% 1-year volatility. There are 48 mutual funds in the High Yield Muni category with lower 1-year volatility, going as low as 1.97%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Redwood Managed Municipal Income Fund | 1.97% | — | Mar 2017 | FEHAX vs RWMIX | |
| Lord Abbett Short Duration High Income Municipal B... | 2.07% | — | Jun 2015 | FEHAX vs SDHIX | |
| Nuveen Short Duration High Yield Municipal Bond Fu... | 2.25% | — | Jan 2013 | FEHAX vs NVHIX | |
| Invesco Short Duration High Yield Municipal Fund | 2.31% | — | Sep 2015 | FEHAX vs ISHYX | |
| Counterpoint Tactical Municipal Fund | 2.53% | — | Jun 2018 | FEHAX vs TMNIX |
Lowest Drawdown Alternatives to FEHAX
FEHAX has a 1-year max drawdown of -5.21%. There are 49 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 | |
|---|---|---|---|---|---|
| Nuveen Short Duration High Yield Municipal Bond Fu... | -1.80% | — | Jan 2013 | FEHAX vs NVHIX | |
| Invesco Short Duration High Yield Municipal Fund | -1.89% | — | Sep 2015 | FEHAX vs ISHYX | |
| abrdn Short Duration High Yield Municipal Fund | -1.98% | — | May 2013 | FEHAX vs AHYMX | |
| Lord Abbett Short Duration High Income Municipal B... | -2.08% | — | Jun 2015 | FEHAX vs SDHIX | |
| Counterpoint Tactical Municipal Fund | -2.26% | — | Jun 2018 | FEHAX vs TMNIX |
Other Mutual Funds from First Eagle
The 10 most viewed First Eagle mutual funds shown here include SGIIX, SGENX, SGGDX and span 7 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| First Eagle Global Fund Class I | Global Equities | 61 | 8.67% | — | — | FEHAX vs SGIIX | |
| First Eagle Global Fund Class A | Global Equities | 60 | 8.55% | — | Jan 1979 | FEHAX vs SGENX | |
| First Eagle Gold Fund | Precious Metals | 27 | 3.99% | — | Aug 1993 | FEHAX vs SGGDX | |
| First Eagle Gold Fund Class I | Precious Metals, Commodities | 27 | 4.10% | — | Aug 1993 | FEHAX vs FEGIX | |
| First Eagle Overseas Fund Class I | Large Cap Blend Equities, Foreign Large Cap Equities | 57 | 10.73% | — | — | FEHAX vs SGOIX | |
| First Eagle Overseas Fund | Foreign Large Cap Equities | 56 | 10.63% | — | Aug 1993 | FEHAX vs SGOVX | |
| First Eagle Global Income Builder Fund | Global Allocation | 67 | 9.36% | — | Apr 2012 | FEHAX vs FEBIX | |
| First Eagle High Income Fund | High Yield Bonds | 10 | 2.64% | — | Nov 2007 | FEHAX vs FEHIX | |
| First Eagle Global Fund Class C | Global Allocation | 55 | 8.22% | — | Jan 1979 | FEHAX vs FESGX | |
| First Eagle Fund of America | Large Cap Blend Equities | 78 | 10.83% | — | Mar 1998 | FEHAX vs FEAMX |
Often Compared With FEHAX
Investors most often compare FEHAX with SPHY, FESCX, FEVIX. These 6 comparison targets span 4 categories, based on PortfoliosLab usage data.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| SPDR Portfolio High Yield Bond ETF | High Yield Bonds | 62 | 1.54% | 11.07B | Jun 2012 | FEHAX vs SPHY | |
| First Eagle Small Cap Opportunity Fund | Small Cap Value Equities | 83 | 25.67% | — | Apr 2021 | FEHAX vs FESCX | |
| First Eagle U.S. Value Fund | Diversified Portfolio | 49 | 4.96% | — | Sep 2001 | FEHAX vs FEVIX | |
| BNY Mellon High Yield Municipal Bond Fund | High Yield Muni | 62 | 3.03% | — | Sep 2005 | FEHAX vs DHMBX | |
| Russell Investments Tax-Exempt High Yield Bond Fun... | High Yield Muni | 60 | 2.46% | — | May 2015 | FEHAX vs RTHAX | |
| Eaton Vance High Yield Municipal Income Fund | High Yield Muni | 74 | 2.92% | — | Aug 1995 | FEHAX vs ETHYX |
Compare FEHAX with Any Fund or Stock
Compare FEHAX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair FEHAX with funds that move differently
First Eagle High Yield Municipal Fund Class A alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to FEHAX.
Explore FEHAX Diversifiers