MFS Municipal High Income Fund (MMHYX) Alternatives
MFS Municipal High Income Fund (MMHYX) 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 MMHYX. 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 MMHYX
MMHYX charges 0.61% annually. Among mutual funds in the High Yield Muni category, these options have the lowest expense ratios among MMHYX alternatives.
| Symbol | Name | Expense Ratio | Inception | |
|---|---|---|---|---|
| BlackRock Allocation Target Shares Series E Portfo... | 0.11% | Aug 3, 2014 | MMHYX vs BATEX | |
| Eaton Vance High Yield Municipal Income Fund Class... | 0.18% | May 9, 2007 | MMHYX vs EWHYX | |
| American High-Income Municipal Bond Fund Class F-3 | 0.31% | Jan 27, 2017 | MMHYX vs HIMFX | |
| American High-Income Municipal Bond Fund Class F-2 | 0.42% | Aug 1, 2008 | MMHYX vs AHMFX | |
| Lord Abbett Short Duration High Income Municipal B... | 0.50% | Jun 14, 2015 | MMHYX vs SDHIX |
Best Risk-Adjusted Alternatives to MMHYX
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 | MMHYX vs TMNIX | |
| Lord Abbett Short Duration High Income Municipal B... | 70 | Jun 14, 2015 | MMHYX vs SDHIX | |
| T. Rowe Price Tax Free High Yield Fund | 62 | Feb 28, 1985 | MMHYX vs PRFHX | |
| Invesco Short Duration High Yield Municipal Fund | 54 | Sep 29, 2015 | MMHYX vs ISHYX | |
| American High-Income Municipal Bond Fund Class F-2 | 39 | Aug 1, 2008 | MMHYX vs AHMFX |
Top Performing MMHYX Alternatives (YTD)
MMHYX 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 | MMHYX vs NMZ | |
| T. Rowe Price Tax Free High Yield Fund | 0.63% | Feb 28, 1985 | MMHYX vs PRFHX | |
| Nuveen Short Duration High Yield Municipal Bond Fu... | 0.58% | Jan 31, 2013 | MMHYX vs NVHIX | |
| Nuveen High Yield Municipal Bond Fund Class R6 | 0.16% | Jun 30, 2016 | MMHYX vs NHMFX | |
| Invesco Short Duration High Yield Municipal Fund | 0.13% | Sep 29, 2015 | MMHYX vs ISHYX |
Lowest Volatility Alternatives to MMHYX
MMHYX 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 | MMHYX vs TMNIX | |
| Lord Abbett Short Duration High Income Municipal B... | 3.46% | Jun 14, 2015 | MMHYX vs SDHIX | |
| Nuveen Short Duration High Yield Municipal Bond Fu... | 3.81% | Jan 31, 2013 | MMHYX vs NVHIX | |
| Invesco Short Duration High Yield Municipal Fund | 3.83% | Sep 29, 2015 | MMHYX vs ISHYX | |
| Redwood Managed Municipal Income Fund | 3.89% | Mar 8, 2017 | MMHYX vs RWMIX |
Lowest Drawdown Alternatives to MMHYX
MMHYX 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 | MMHYX vs TMNIX | |
| Lord Abbett Short Duration High Income Municipal B... | -3.22% | Jun 14, 2015 | MMHYX vs SDHIX | |
| Nuveen Short Duration High Yield Municipal Bond Fu... | -3.63% | Jan 31, 2013 | MMHYX vs NVHIX | |
| Invesco Short Duration High Yield Municipal Fund | -3.79% | Sep 29, 2015 | MMHYX vs ISHYX | |
| abrdn Short Duration High Yield Municipal Fund | -3.81% | May 30, 2013 | MMHYX vs AHYMX |
Other Mutual Funds from MFS
Most popular MFS mutual funds on PortfoliosLab, across asset classes.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | Inception | |
|---|---|---|---|---|---|---|
| MFS International Equity Fund Class R6 | Foreign Large Cap Equities | 28 | -3.84% | Jan 31, 1996 | MMHYX vs MIEIX | |
| MFS Value Fund | Large Cap Value Equities | 32 | 1.11% | May 1, 2006 | MMHYX vs MEIKX | |
| MFS International Diversification Fund | Foreign Large Cap Equities | 74 | -0.22% | Sep 30, 2004 | MMHYX vs MDIJX | |
| MFS Massachusetts Investors Growth Stock Fund | Large Cap Growth Equities | 12 | -9.36% | Jan 1, 1935 | MMHYX vs MIGFX | |
| MFS Value Fund Class I | Large Cap Value Equities | 31 | 1.07% | Feb 1, 1996 | MMHYX vs MEIIX | |
| MFS Growth R6 | Large Cap Growth Equities | 18 | -10.29% | Jun 1, 2012 | MMHYX vs MFEKX | |
| MFS International Intrinsic Value Fund Class I | Large Cap Growth Equities, Foreign Large Cap Equities | 72 | -0.23% | — | MMHYX vs MINIX | |
| MFS Growth I | Large Cap Growth Equities | 18 | -10.32% | Jul 10, 1997 | MMHYX vs MFEIX | |
| MFS Massachusetts Investors Trust | Large Cap Blend Equities | 36 | -3.97% | Jul 15, 1924 | MMHYX vs MITTX | |
| MFS Value Fund | Large Cap Value Equities | 29 | 1.01% | Jan 2, 1996 | MMHYX vs MEIAX |
Often Compared With MMHYX
What investors most often compare with MMHYX, based on PortfoliosLab usage data.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | Inception | |
|---|---|---|---|---|---|---|
| Vanguard High-Yield Tax-Exempt Fund Admiral Shares | Municipal Bonds | 35 | -0.26% | Nov 12, 2001 | MMHYX vs VWALX |
Compare MMHYX with Any Fund or Stock
Compare MMHYX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.