Goldman Sachs High Yield Municipal Fund Institutional Class (GHYIX) Alternatives
Goldman Sachs High Yield Municipal Fund Institutional Class (GHYIX) 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 GHYIX. 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 GHYIX
GHYIX charges 0.54% annually. Among mutual funds in the High Yield Muni category, these options have the lowest expense ratios among GHYIX alternatives.
| Symbol | Name | Expense Ratio | Inception | |
|---|---|---|---|---|
| BlackRock Allocation Target Shares Series E Portfo... | 0.11% | Aug 3, 2014 | GHYIX vs BATEX | |
| Eaton Vance High Yield Municipal Income Fund Class... | 0.18% | May 9, 2007 | GHYIX vs EWHYX | |
| American High-Income Municipal Bond Fund Class F-3 | 0.31% | Jan 27, 2017 | GHYIX vs HIMFX | |
| American High-Income Municipal Bond Fund Class F-2 | 0.42% | Aug 1, 2008 | GHYIX vs AHMFX | |
| Lord Abbett Short Duration High Income Municipal B... | 0.50% | Jun 14, 2015 | GHYIX vs SDHIX |
Best Risk-Adjusted Alternatives to GHYIX
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 | |
|---|---|---|---|---|
| Counterpoint Tactical Municipal Fund | 83 | Jun 10, 2018 | GHYIX vs TMNIX | |
| Lord Abbett Short Duration High Income Municipal B... | 70 | Jun 14, 2015 | GHYIX vs SDHIX | |
| T. Rowe Price Tax Free High Yield Fund | 65 | Feb 28, 1985 | GHYIX vs PRFHX | |
| Invesco Short Duration High Yield Municipal Fund | 54 | Sep 29, 2015 | GHYIX vs ISHYX | |
| AB Municipal Income Shares | 43 | Aug 31, 2010 | GHYIX vs MISHX |
Top Performing GHYIX Alternatives (YTD)
GHYIX alternatives from the High Yield Muni category, sorted by year-to-date return.
| Symbol | Name | YTD Return | Inception | |
|---|---|---|---|---|
| Nuveen Municipal High Income Opportunity Fund | 3.79% | Nov 19, 2003 | GHYIX vs NMZ | |
| T. Rowe Price Tax Free High Yield Fund | 0.17% | Feb 28, 1985 | GHYIX vs PRFHX | |
| Invesco Short Duration High Yield Municipal Fund | 0.13% | Sep 29, 2015 | GHYIX vs ISHYX | |
| Redwood Managed Municipal Income Fund | 0.01% | Mar 8, 2017 | GHYIX vs RWMIX | |
| Eaton Vance High Yield Municipal Income Fund Class... | 0.00% | May 9, 2007 | GHYIX vs EWHYX |
Lowest Volatility Alternatives to GHYIX
GHYIX alternatives from the High Yield Muni category, sorted by annualized volatility over the past year.
| Symbol | Name | Volatility 1Y | Inception | |
|---|---|---|---|---|
| Counterpoint Tactical Municipal Fund | 2.35% | Jun 10, 2018 | GHYIX vs TMNIX | |
| Lord Abbett Short Duration High Income Municipal B... | 3.46% | Jun 14, 2015 | GHYIX vs SDHIX | |
| Nuveen Short Duration High Yield Municipal Bond Fu... | 3.77% | Jan 31, 2013 | GHYIX vs NVHIX | |
| Invesco Short Duration High Yield Municipal Fund | 3.83% | Sep 29, 2015 | GHYIX vs ISHYX | |
| Redwood Managed Municipal Income Fund | 3.89% | Mar 8, 2017 | GHYIX vs RWMIX |
Lowest Drawdown Alternatives to GHYIX
GHYIX alternatives from the High Yield Muni category, sorted by maximum drawdown over the past year.
| Symbol | Name | Max Drawdown 1Y | Inception | |
|---|---|---|---|---|
| Counterpoint Tactical Municipal Fund | -2.21% | Jun 10, 2018 | GHYIX vs TMNIX | |
| Lord Abbett Short Duration High Income Municipal B... | -3.22% | Jun 14, 2015 | GHYIX vs SDHIX | |
| Nuveen Short Duration High Yield Municipal Bond Fu... | -3.63% | Jan 31, 2013 | GHYIX vs NVHIX | |
| Invesco Short Duration High Yield Municipal Fund | -3.79% | Sep 29, 2015 | GHYIX vs ISHYX | |
| abrdn Short Duration High Yield Municipal Fund | -3.81% | May 30, 2013 | GHYIX vs AHYMX |
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Often Compared With GHYIX
What investors most often compare with GHYIX, based on PortfoliosLab usage data.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | Inception | |
|---|---|---|---|---|---|---|
| Pioneer High Income Municipal Fund | High Yield Muni | 3 | -1.26% | Oct 15, 2006 | GHYIX vs HIMYX |
Compare GHYIX with Any Fund or Stock
Compare GHYIX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.