Federated Hermes Pennsylvania Municipal Inc Fd (PAMFX) 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 PAMFX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to PAMFX
PAMFX 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 | PAMFX vs LSMSX | |
| Nuveen Municipal Total Return Managed Accounts | 0.05% | — | May 2007 | PAMFX vs NMTRX | |
| Federated Hermes Conservative Municipal Microshort... | 0.05% | — | Feb 2021 | PAMFX vs FHMIX | |
| Vanguard Tax-Managed Balanced Fund Admiral Shares | 0.05% | 12.30B | Sep 1994 | PAMFX vs VTMFX | |
| Strategic Advisers Municipal Bond Fund | 0.06% | — | Jun 2021 | PAMFX vs FSMUX |
Best Risk-Adjusted Alternatives to PAMFX
PAMFX has a PortfoliosLab risk / return rank of 94. There are 22 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 Municipal Bond Portfolio | 100 | — | Aug 2002 | PAMFX vs DFSMX | |
| DFA Short-Term Selective State Municipal Bond Port... | 100 | — | Apr 2022 | PAMFX vs DFABX | |
| abrdn Ultra Short Municipal Income Fund | 99 | — | Dec 2002 | PAMFX vs ATOIX | |
| DFA NY Municipal Bond Portfolio | 99 | — | Jun 2015 | PAMFX vs DNYMX | |
| SEI Institutional Managed Trust Tax-Free Conservat... | 99 | — | Apr 2016 | PAMFX vs TFCYX |
Top Performing PAMFX Alternatives (YTD)
PAMFX is at 2.59% YTD. There are 148 mutual funds in the Municipal Bonds category with higher YTD returns, going as high as 13.08%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Nuveen Municipal Income Fund, Inc. | 13.08% | — | Apr 1998 | PAMFX vs NMI | |
| Nuveen New York AMT Free Quality Municipal Income | 10.83% | — | Nov 2002 | PAMFX vs NRK | |
| AllianceBernstein National Municipal Income Fund | 9.24% | — | Nov 2001 | PAMFX vs AFB | |
| Nuveen Virginia Quality Municipal Income Fund | 7.64% | — | Mar 1993 | PAMFX vs NPV | |
| BlackRock MuniHoldings California Quality Fund | 7.01% | — | Feb 1998 | PAMFX vs MUC |
Lowest Volatility Alternatives to PAMFX
PAMFX has 2.76% 1-year volatility. There are 264 mutual funds in the Municipal Bonds category with lower 1-year volatility, going as low as 0.56%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| DFA Short-Term Selective State Municipal Bond Port... | 0.56% | — | Apr 2022 | PAMFX vs DFABX | |
| DFA California Short Term Municipal Bond Portfolio | 0.57% | — | Apr 2007 | PAMFX vs DFCMX | |
| JPMorgan Ultra-Short Municipal Fund | 0.59% | — | May 2016 | PAMFX vs USMSX | |
| JPMorgan Ultra-Short Municipal Fund | 0.60% | — | May 2016 | PAMFX vs USMTX | |
| DFA Short Term Municipal Bond Portfolio | 0.60% | — | Aug 2002 | PAMFX vs DFSMX |
Lowest Drawdown Alternatives to PAMFX
PAMFX has a 1-year max drawdown of -2.11%. There are 84 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 | PAMFX vs BATVX | |
| abrdn Ultra Short Municipal Income Fund | -0.10% | — | Dec 2002 | PAMFX vs ATOIX | |
| Federated Hermes Conservative Municipal Microshort... | -0.10% | — | Feb 2021 | PAMFX vs FHMIX | |
| SEI Institutional Managed Trust Tax-Free Conservat... | -0.10% | — | Apr 2016 | PAMFX vs TFCYX | |
| DFA Short-Term Selective State Municipal Bond Port... | -0.11% | — | Apr 2022 | PAMFX vs DFABX |
Other Mutual Funds from Federated
The 10 most viewed Federated mutual funds shown here include SVAIX, QILGX, QAMNX and span 7 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Federated Hermes Strategic Value Dividend Fund | Large Cap Value Equities | 85 | 10.53% | — | Mar 2005 | PAMFX vs SVAIX | |
| Federated Hermes MDT Large Cap Growth Fund | Large Cap Growth Equities | 19 | 6.32% | — | Sep 2005 | PAMFX vs QILGX | |
| Federated Hermes MDT Market Neutral A | Long-Short | 9 | -0.14% | — | Sep 2008 | PAMFX vs QAMNX | |
| Federated Hermes Kaufmann Fd | Mid Cap Growth Equities | 21 | 14.77% | — | Feb 1986 | PAMFX vs KAUFX | |
| Federated Hermes MDT All Cap Core Fund | Large Cap Blend Equities | 43 | 6.82% | — | Oct 2002 | PAMFX vs QIACX | |
| Federated Hermes MDT Mid Cap Growth Fund | Mid Cap Growth Equities | 4 | 2.02% | — | Aug 1984 | PAMFX vs FGSAX | |
| Federated Hermes High-Yield Strategy Portfolio | High Yield Bonds | 67 | 1.73% | — | Dec 2008 | PAMFX vs FHYSX | |
| Federated Hermes Prudent Bear Fd | Inverse Equities | 0 | -7.39% | — | Dec 1995 | PAMFX vs BEARX | |
| Federated Hermes Institutional High Yield Bond Fun... | High Yield Bonds | 57 | 1.54% | — | Nov 2002 | PAMFX vs FIHBX | |
| Federated Hermes Opportunistic High Yield Bond Fun... | High Yield Bonds | 50 | 1.79% | — | Aug 1984 | PAMFX vs FHYTX |
Often Compared With PAMFX
Investors most often compare PAMFX with APUSX, FXIEX, ISCAX. These 6 comparison targets span 2 categories, based on PortfoliosLab usage data.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Cavanal Hill Ultra Short Tax-Free Income Fund | Municipal Bonds | 0 | -9.63% | — | Dec 2017 | PAMFX vs APUSX | |
| PIMCO Fixed Income SHares: Series TE | Municipal Bonds | 85 | 2.63% | — | Jun 2012 | PAMFX vs FXIEX | |
| Federated Hermes International Small-Mid Company F... | Foreign Small & Mid Cap Equities | 23 | 8.78% | — | Feb 1996 | PAMFX vs ISCAX | |
| Strategic Advisers Tax-Sensitive Short Duration Fu... | Municipal Bonds | 98 | 1.02% | — | Dec 2017 | PAMFX vs FGNSX | |
| BlackRock MuniHoldings New Jersey Quality Fund | Municipal Bonds | 62 | 6.22% | — | Mar 1998 | PAMFX vs MUJ | |
| BlackRock MuniYield Michigan Quality Fund | Municipal Bonds | 33 | 6.66% | — | Oct 1992 | PAMFX vs MIY |
Compare PAMFX with Any Fund or Stock
Compare PAMFX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair PAMFX with funds that move differently
Federated Hermes Pennsylvania Municipal Inc Fd alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to PAMFX.
Explore PAMFX Diversifiers