Old Westbury Municipal Bond Fund (OWMBX) Alternatives
Old Westbury Municipal Bond Fund (OWMBX) 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 OWMBX. 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 OWMBX
OWMBX charges 0.57% annually. Among mutual funds in the Municipal Bonds category, these options have the lowest expense ratios among OWMBX alternatives.
| Symbol | Name | Expense Ratio | Inception | |
|---|---|---|---|---|
| Western Asset SMASh Series TF Fund | 0.01% | Dec 22, 2015 | OWMBX vs LSMSX | |
| Nuveen Municipal Total Return Managed Accounts | 0.05% | May 30, 2007 | OWMBX vs NMTRX | |
| Federated Hermes Conservative Municipal Microshort... | 0.05% | Feb 2, 2021 | OWMBX vs FHMIX | |
| Strategic Advisers Municipal Bond Fund | 0.06% | Jun 24, 2021 | OWMBX vs FSMUX | |
| Fidelity Municipal Bond Index Fund | 0.07% | Jul 11, 2019 | OWMBX vs FMBIX |
Best Risk-Adjusted Alternatives to OWMBX
Among mutual funds in the Municipal Bonds 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 | |
|---|---|---|---|---|
| abrdn Ultra Short Municipal Income Fund | 100 | Dec 4, 2002 | OWMBX vs ATOIX | |
| SEI Institutional Managed Trust Tax-Free Conservat... | 99 | Apr 21, 2016 | OWMBX vs TFCYX | |
| Cavanal Hill Ultra Short Tax-Free Income Fund | 99 | Dec 25, 2017 | OWMBX vs APUSX | |
| Federated Hermes Conservative Municipal Microshort... | 99 | Feb 2, 2021 | OWMBX vs FHMIX | |
| JPMorgan Ultra-Short Municipal Fund | 99 | May 30, 2016 | OWMBX vs USMTX |
Top Performing OWMBX Alternatives (YTD)
OWMBX alternatives from the Municipal Bonds category, sorted by year-to-date return.
| Symbol | Name | YTD Return | Inception | |
|---|---|---|---|---|
| Nuveen Municipal Income Fund, Inc. | 6.43% | Apr 20, 1998 | OWMBX vs NMI | |
| Nuveen Virginia Quality Municipal Income Fund | 4.12% | Mar 18, 1993 | OWMBX vs NPV | |
| Nuveen New York AMT Free Quality Municipal Income | 3.25% | Nov 21, 2002 | OWMBX vs NRK | |
| BlackRock MuniYield Michigan Quality Fund | 2.55% | Oct 30, 1992 | OWMBX vs MIY | |
| Nuveen Pennsylvania Quality Municipal Income | 2.31% | Feb 21, 1991 | OWMBX vs NQP |
Lowest Volatility Alternatives to OWMBX
OWMBX alternatives from the Municipal Bonds category, sorted by annualized volatility over the past year.
| Symbol | Name | Volatility 1Y | Inception | |
|---|---|---|---|---|
| DFA Short Term Municipal Bond Portfolio | 0.68% | Aug 19, 2002 | OWMBX vs DFSMX | |
| JPMorgan Ultra-Short Municipal Fund | 0.69% | May 31, 2016 | OWMBX vs USMSX | |
| JPMorgan Ultra-Short Municipal Fund | 0.70% | May 30, 2016 | OWMBX vs USMTX | |
| DFA Short-Term Selective State Municipal Bond Port... | 0.71% | Apr 11, 2022 | OWMBX vs DFABX | |
| BlackRock Allocation Target Shares | 0.76% | May 20, 2021 | OWMBX vs BATVX |
Lowest Drawdown Alternatives to OWMBX
OWMBX alternatives from the Municipal Bonds category, sorted by maximum drawdown over the past year.
| Symbol | Name | Max Drawdown 1Y | Inception | |
|---|---|---|---|---|
| BlackRock Allocation Target Shares | 0.00% | May 20, 2021 | OWMBX vs BATVX | |
| abrdn Ultra Short Municipal Income Fund | -0.10% | Dec 4, 2002 | OWMBX vs ATOIX | |
| SEI Institutional Managed Trust Tax-Free Conservat... | -0.10% | Apr 21, 2016 | OWMBX vs TFCYX | |
| Cavanal Hill Ultra Short Tax-Free Income Fund | -0.20% | Dec 25, 2017 | OWMBX vs APUSX | |
| Federated Hermes Conservative Municipal Microshort... | -0.20% | Feb 2, 2021 | OWMBX vs FHMIX |
Other Mutual Funds from Old Westbury
Most popular Old Westbury mutual funds on PortfoliosLab, across asset classes.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | Inception | |
|---|---|---|---|---|---|---|
| Old Westbury All Cap Core Fund | Large Cap Growth Equities | 10 | -7.76% | Mar 2, 1998 | OWMBX vs OWACX | |
| Old Westbury Large Cap Strategies Fund | Global Equities | 41 | -6.48% | Oct 21, 1993 | OWMBX vs OWLSX | |
| Old Westbury Fixed Income Fund | Intermediate Core Bond | 82 | -0.20% | Mar 12, 1998 | OWMBX vs OWFIX | |
| Old Westbury Small & Mid Cap Strategies Fund | Global Equities | 55 | -1.72% | Apr 4, 2005 | OWMBX vs OWSMX | |
| Old Westbury California Municipal Bond Fund | Municipal Bonds | 55 | -0.83% | Dec 3, 2018 | OWMBX vs OWCAX | |
| Old Westbury New York Municipal Bond Fund | Municipal Bonds | 51 | -0.63% | Dec 3, 2018 | OWMBX vs OWNYX | |
| Old Westbury Credit Income Fund | Multisector Bonds | 61 | -0.32% | Sep 30, 2020 | OWMBX vs OWCIX |
Compare OWMBX with Any Fund or Stock
Compare OWMBX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.