American High-Income Municipal Bond Fund Class F-3 (HIMFX) Alternatives
American High-Income Municipal Bond Fund Class F-3 (HIMFX) 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 HIMFX. 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 HIMFX
HIMFX charges 0.31% annually. Among mutual funds in the High Yield Muni category, these options have the lowest expense ratios among HIMFX alternatives.
| Symbol | Name | Expense Ratio | Inception | |
|---|---|---|---|---|
| BlackRock Allocation Target Shares Series E Portfo... | 0.11% | Aug 3, 2014 | HIMFX vs BATEX | |
| Eaton Vance High Yield Municipal Income Fund Class... | 0.18% | May 9, 2007 | HIMFX vs EWHYX | |
| American High-Income Municipal Bond Fund Class F-2 | 0.42% | Aug 1, 2008 | HIMFX vs AHMFX | |
| Lord Abbett Short Duration High Income Municipal B... | 0.50% | Jun 14, 2015 | HIMFX vs SDHIX | |
| Nuveen High Yield Municipal Bond Fund | 0.52% | Jun 6, 1999 | HIMFX vs NHMRX |
Best Risk-Adjusted Alternatives to HIMFX
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 | HIMFX vs TMNIX | |
| Lord Abbett Short Duration High Income Municipal B... | 70 | Jun 14, 2015 | HIMFX vs SDHIX | |
| T. Rowe Price Tax Free High Yield Fund | 65 | Feb 28, 1985 | HIMFX vs PRFHX | |
| Invesco Short Duration High Yield Municipal Fund | 54 | Sep 29, 2015 | HIMFX vs ISHYX | |
| AB Municipal Income Shares | 43 | Aug 31, 2010 | HIMFX vs MISHX |
Top Performing HIMFX Alternatives (YTD)
HIMFX 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 | HIMFX vs NMZ | |
| T. Rowe Price Tax Free High Yield Fund | 0.17% | Feb 28, 1985 | HIMFX vs PRFHX | |
| Invesco Short Duration High Yield Municipal Fund | 0.13% | Sep 29, 2015 | HIMFX vs ISHYX | |
| Redwood Managed Municipal Income Fund | 0.01% | Mar 8, 2017 | HIMFX vs RWMIX | |
| Eaton Vance High Yield Municipal Income Fund Class... | 0.00% | May 9, 2007 | HIMFX vs EWHYX |
Lowest Volatility Alternatives to HIMFX
HIMFX 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 | HIMFX vs TMNIX | |
| Lord Abbett Short Duration High Income Municipal B... | 3.46% | Jun 14, 2015 | HIMFX vs SDHIX | |
| Nuveen Short Duration High Yield Municipal Bond Fu... | 3.77% | Jan 31, 2013 | HIMFX vs NVHIX | |
| Invesco Short Duration High Yield Municipal Fund | 3.83% | Sep 29, 2015 | HIMFX vs ISHYX | |
| Redwood Managed Municipal Income Fund | 3.89% | Mar 8, 2017 | HIMFX vs RWMIX |
Lowest Drawdown Alternatives to HIMFX
HIMFX 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 | HIMFX vs TMNIX | |
| Lord Abbett Short Duration High Income Municipal B... | -3.22% | Jun 14, 2015 | HIMFX vs SDHIX | |
| Nuveen Short Duration High Yield Municipal Bond Fu... | -3.63% | Jan 31, 2013 | HIMFX vs NVHIX | |
| Invesco Short Duration High Yield Municipal Fund | -3.79% | Sep 29, 2015 | HIMFX vs ISHYX | |
| abrdn Short Duration High Yield Municipal Fund | -3.81% | May 30, 2013 | HIMFX vs AHYMX |
Other Mutual Funds from Capital Group
Most popular Capital Group mutual funds on PortfoliosLab, across asset classes.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | Inception | |
|---|---|---|---|---|---|---|
| American Funds Fundamental Investors Fund Class R6 | Large Cap Growth Equities | 70 | -6.06% | May 1, 2009 | HIMFX vs RFNGX | |
| Capital Group California Core Municipal Fund | Municipal Bonds | 67 | -0.84% | Apr 12, 2010 | HIMFX vs CCCMX | |
| Capital Group California Short-Term Municipal Fund | Municipal Bonds | 86 | -0.12% | Apr 12, 2010 | HIMFX vs CCSTX | |
| American Funds Fundamental Investors Fund Class R2 | Large Cap Blend Equities | 64 | -6.30% | May 21, 2002 | HIMFX vs RFNBX |
Often Compared With HIMFX
What investors most often compare with HIMFX, based on PortfoliosLab usage data.
Compare HIMFX with Any Fund or Stock
Compare HIMFX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.