Madison Tax-Free National Fund (GTFHX) 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 GTFHX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to GTFHX
GTFHX charges 0.76% annually. There are 350 mutual funds in the Municipal Bonds category with lower expense ratios, going as low as 0.01%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Western Asset SMASh Series TF Fund | 0.01% | — | Dec 2015 | GTFHX vs LSMSX | |
| Vanguard Tax-Managed Balanced Fund Admiral Shares | 0.05% | 12.30B | Sep 1994 | GTFHX vs VTMFX | |
| Federated Hermes Conservative Municipal Microshort... | 0.05% | — | Feb 2021 | GTFHX vs FHMIX | |
| Nuveen Municipal Total Return Managed Accounts | 0.05% | — | May 2007 | GTFHX vs NMTRX | |
| Strategic Advisers Municipal Bond Fund | 0.06% | — | Jun 2021 | GTFHX vs FSMUX |
Best Risk-Adjusted Alternatives to GTFHX
GTFHX has a PortfoliosLab risk / return rank of 79. There are 235 mutual funds in the Municipal Bonds category with higher risk-adjusted ranks, going as high as 100.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| DFA Short-Term Selective State Municipal Bond Port... | 100 | — | Apr 2022 | GTFHX vs DFABX | |
| DFA Short Term Municipal Bond Portfolio | 100 | — | Aug 2002 | GTFHX vs DFSMX | |
| abrdn Ultra Short Municipal Income Fund | 99 | — | Dec 2002 | GTFHX vs ATOIX | |
| SEI Institutional Managed Trust Tax-Free Conservat... | 99 | — | Apr 2016 | GTFHX vs TFCYX | |
| Federated Hermes Conservative Municipal Microshort... | 99 | — | Feb 2021 | GTFHX vs FHMIX |
Top Performing GTFHX Alternatives (YTD)
GTFHX is at 1.15% YTD. There are 369 mutual funds in the Municipal Bonds category with higher YTD returns, going as high as 10.97%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Nuveen Municipal Income Fund, Inc. | 10.97% | — | Apr 1998 | GTFHX vs NMI | |
| Nuveen New York AMT Free Quality Municipal Income | 10.93% | — | Nov 2002 | GTFHX vs NRK | |
| BlackRock MuniYield Michigan Quality Fund | 8.42% | — | Oct 1992 | GTFHX vs MIY | |
| AllianceBernstein National Municipal Income Fund | 7.33% | — | Nov 2001 | GTFHX vs AFB | |
| BlackRock MuniHoldings California Quality Fund | 7.11% | — | Feb 1998 | GTFHX vs MUC |
Lowest Volatility Alternatives to GTFHX
GTFHX has 1.72% 1-year volatility. There are 69 mutual funds in the Municipal Bonds category with lower 1-year volatility, going as low as 0.55%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| DFA Short-Term Selective State Municipal Bond Port... | 0.55% | — | Apr 2022 | GTFHX vs DFABX | |
| DFA Short Term Municipal Bond Portfolio | 0.56% | — | Aug 2002 | GTFHX vs DFSMX | |
| DFA California Short Term Municipal Bond Portfolio | 0.57% | — | Apr 2007 | GTFHX vs DFCMX | |
| JPMorgan Ultra-Short Municipal Fund | 0.58% | — | May 2016 | GTFHX vs USMSX | |
| JPMorgan Ultra-Short Municipal Fund | 0.59% | — | May 2016 | GTFHX vs USMTX |
Lowest Drawdown Alternatives to GTFHX
GTFHX has a 1-year max drawdown of -2.05%. There are 81 mutual funds in the Municipal Bonds category with shallower 1-year drawdowns, going as shallow as 0.00%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| BlackRock Allocation Target Shares | 0.00% | — | May 2021 | GTFHX vs BATVX | |
| abrdn Ultra Short Municipal Income Fund | -0.10% | — | Dec 2002 | GTFHX vs ATOIX | |
| SEI Institutional Managed Trust Tax-Free Conservat... | -0.10% | — | Apr 2016 | GTFHX vs TFCYX | |
| Federated Hermes Conservative Municipal Microshort... | -0.10% | — | Feb 2021 | GTFHX vs FHMIX | |
| DFA Short Term Municipal Bond Portfolio | -0.11% | — | Aug 2002 | GTFHX vs DFSMX |
Other Mutual Funds from Madison Funds
The 10 most viewed Madison Funds mutual funds shown here include MAGSX, GTSGX, BHBFX and span 7 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Madison Aggressive Allocation Fund Class A | Diversified Portfolio | 49 | 10.89% | — | Jun 2006 | GTFHX vs MAGSX | |
| Madison Mid Cap Fund | Mid Cap Blend Equities | 5 | 4.16% | — | Jul 1983 | GTFHX vs GTSGX | |
| Madison Dividend Income Fund | Large Cap Value Equities | 36 | 10.71% | — | Dec 1986 | GTFHX vs BHBFX | |
| Madison Small Cap Fund | Small Cap Blend Equities | 7 | 10.25% | — | Dec 1996 | GTFHX vs BVAOX | |
| Madison Covered Call & Equity Income Fund | Derivative Income | 16 | 3.84% | — | Oct 2009 | GTFHX vs MENYX | |
| Madison Core Bond Fund | Intermediate Core Bond | 19 | -0.46% | — | Dec 1997 | GTFHX vs MBOAX | |
| Madison Conservative Allocation Fund | Diversified Portfolio | 48 | 4.53% | — | Jun 2006 | GTFHX vs MCNAX | |
| Madison Moderate Allocation Fund | Diversified Portfolio | 50 | 8.10% | — | Jun 2006 | GTFHX vs MMDAX | |
| Madison Investors Fund | Large Cap Blend Equities | 14 | 7.42% | — | Nov 1978 | GTFHX vs MINVX | |
| Madison Diversified Income Fund | Diversified Portfolio | 40 | 3.77% | — | Dec 1997 | GTFHX vs MBLAX |
Often Compared With GTFHX
Investors most often compare GTFHX with MIIBX, MERAX, APUSX. These 9 comparison targets span 3 categories, based on PortfoliosLab usage data.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Madison High Quality Bond Fund | Short-Term Bond | 28 | -0.16% | — | May 2000 | GTFHX vs MIIBX | |
| Madison Mid Cap A | Mid Cap Blend Equities | 5 | 4.01% | — | Feb 2013 | GTFHX vs MERAX | |
| Cavanal Hill Ultra Short Tax-Free Income Fund | Municipal Bonds | 19 | 1.00% | — | Dec 2017 | GTFHX vs APUSX | |
| Strategic Advisers Tax-Sensitive Short Duration Fu... | Municipal Bonds | 97 | 0.92% | — | Dec 2017 | GTFHX vs FGNSX | |
| PIMCO Fixed Income SHares: Series TE | Municipal Bonds | 87 | 2.11% | — | Jun 2012 | GTFHX vs FXIEX | |
| BlackRock MuniYield Quality Fund | Municipal Bonds | 32 | 6.18% | — | Jul 1992 | GTFHX vs MQY | |
| Nuveen Virginia Quality Municipal Income Fund | Municipal Bonds | 31 | 6.89% | — | Mar 1993 | GTFHX vs NPV | |
| DFA NY Municipal Bond Portfolio | Municipal Bonds | 99 | 1.29% | — | Jun 2015 | GTFHX vs DNYMX | |
| BlackRock MuniHoldings New Jersey Quality Fund | Municipal Bonds | 69 | 6.57% | — | Mar 1998 | GTFHX vs MUJ |
Compare GTFHX with Any Fund or Stock
Compare GTFHX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair GTFHX with funds that move differently
Madison Tax-Free National Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to GTFHX.
Explore GTFHX Diversifiers