Pioneer High Income Municipal Fund (HIMYX) 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 HIMYX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to HIMYX
HIMYX charges 0.55% annually. There are 11 mutual funds in the High Yield Muni category with lower expense ratios, going as low as 0.09%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Vanguard High-Yield Tax-Exempt Fund Admiral Shares | 0.09% | 17.80B | Nov 2001 | HIMYX vs VWALX | |
| BlackRock Allocation Target Shares Series E Portfo... | 0.11% | — | Aug 2014 | HIMYX vs BATEX | |
| Vanguard High-Yield Tax-Exempt Fund Investor Share... | 0.17% | 17.80B | Dec 1978 | HIMYX vs VWAHX | |
| Eaton Vance High Yield Municipal Income Fund Class... | 0.18% | — | May 2007 | HIMYX vs EWHYX | |
| American High-Income Municipal Bond Fund Class F-3 | 0.31% | — | Jan 2017 | HIMYX vs HIMFX |
Best Risk-Adjusted Alternatives to HIMYX
HIMYX has a PortfoliosLab risk / return rank of 14. There are 50 mutual funds in the High Yield Muni category with higher risk-adjusted ranks, going as high as 96.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| T. Rowe Price Tax Free High Yield Fund | 96 | — | Feb 1985 | HIMYX vs PRFHX | |
| Federated Hermes Municipal High Yield Advtg Fd | 95 | — | Apr 1987 | HIMYX vs FHTFX | |
| Columbia High Yield Municipal Fund | 94 | — | Mar 1984 | HIMYX vs SRHMX | |
| Invesco Short Duration High Yield Municipal Fund | 94 | — | Sep 2015 | HIMYX vs ISHYX | |
| Eaton Vance High Yield Municipal Income Fund Class... | 94 | — | May 2007 | HIMYX vs EWHYX |
Top Performing HIMYX Alternatives (YTD)
HIMYX is at -0.40% YTD. There are 50 mutual funds in the High Yield Muni category with higher YTD returns, going as high as 4.20%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Nuveen Municipal High Income Opportunity Fund | 4.20% | — | Nov 2003 | HIMYX vs NMZ | |
| Eaton Vance High Yield Municipal Income Fund Class... | 2.53% | — | May 2007 | HIMYX vs EWHYX | |
| Columbia High Yield Municipal Fund | 2.33% | — | Mar 1984 | HIMYX vs SRHMX | |
| Allspring High Yield Municipal Bond Fund | 2.06% | — | Jan 2013 | HIMYX vs WHYIX | |
| T. Rowe Price Tax Free High Yield Fund | 2.05% | — | Feb 1985 | HIMYX vs PRFHX |
Lowest Volatility Alternatives to HIMYX
HIMYX has 5.51% 1-year volatility. There are 50 mutual funds in the High Yield Muni category with lower 1-year volatility, going as low as 2.13%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Lord Abbett Short Duration High Income Municipal B... | 2.13% | — | Jun 2015 | HIMYX vs SDHIX | |
| Nuveen Short Duration High Yield Municipal Bond Fu... | 2.17% | — | Jan 2013 | HIMYX vs NVHIX | |
| Redwood Managed Municipal Income Fund | 2.27% | — | Mar 2017 | HIMYX vs RWMIX | |
| Invesco Short Duration High Yield Municipal Fund | 2.35% | — | Sep 2015 | HIMYX vs ISHYX | |
| abrdn Short Duration High Yield Municipal Fund | 2.62% | — | May 2013 | HIMYX vs AHYMX |
Lowest Drawdown Alternatives to HIMYX
HIMYX has a 1-year max drawdown of -4.22%. There are 50 mutual funds in the High Yield Muni category with shallower 1-year drawdowns, going as shallow as -1.71%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| First Eagle Short Duration High Yield Municipal Fu... | -1.71% | — | Feb 2024 | HIMYX vs FDUAX | |
| Nuveen Short Duration High Yield Municipal Bond Fu... | -1.79% | — | Jan 2013 | HIMYX vs NVHIX | |
| Invesco Short Duration High Yield Municipal Fund | -1.89% | — | Sep 2015 | HIMYX vs ISHYX | |
| abrdn Short Duration High Yield Municipal Fund | -1.98% | — | May 2013 | HIMYX vs AHYMX | |
| Lord Abbett Short Duration High Income Municipal B... | -2.08% | — | Jun 2015 | HIMYX vs SDHIX |
Other Mutual Funds from Amundi
The 10 most viewed Amundi mutual funds shown here include PMFYX, PMAIX, PIODX and span 10 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Pioneer Multi-Asset Income Fund | Global Allocation | 93 | 7.54% | — | Dec 2011 | HIMYX vs PMFYX | |
| Pioneer Multi-Asset Income Fund A | Diversified Portfolio, Dividend | 92 | 7.43% | — | Dec 2011 | HIMYX vs PMAIX | |
| Pioneer Fund | Large Cap Blend Equities | 33 | 7.19% | — | Feb 1928 | HIMYX vs PIODX | |
| Pioneer ILS Interval Fund | High Yield Bonds | 100 | 10.04% | — | Dec 2014 | HIMYX vs XILSX | |
| Pioneer Core Equity Fund | Large Cap Blend Equities | 70 | 12.15% | — | Nov 1999 | HIMYX vs PIOTX | |
| Pioneer Disciplined Growth Fund | Large Cap Growth Equities | 21 | 7.02% | — | Dec 2005 | HIMYX vs PINDX | |
| Pioneer Securitized Income Fund | Nontraditional Bonds | 80 | 2.11% | — | Dec 2019 | HIMYX vs SYFFX | |
| Pioneer Fundamental Growth Fund | Large Cap Growth Equities | 13 | 4.64% | — | Aug 2002 | HIMYX vs PIGFX | |
| Pioneer Multi-Asset Ultrashort Income Fund | Ultrashort Bond | 99 | 1.87% | — | Apr 2011 | HIMYX vs MYFRX | |
| Pioneer Global Sustainable Equity Fund Class A | Global Equities, Sustainable | 84 | 13.52% | — | Dec 2005 | HIMYX vs GLOSX |
Often Compared With HIMYX
Investors most often compare HIMYX with GHYIX, PLUSX, AHMFX. These 20 comparison targets span 5 categories, based on PortfoliosLab usage data.
Compare HIMYX with Any Fund or Stock
Compare HIMYX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair HIMYX with funds that move differently
Pioneer High Income Municipal Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to HIMYX.
Explore HIMYX Diversifiers