DWS Managed Municipal Bond Fund (SCMBX) Alternatives

DWS Managed Municipal Bond Fund (SCMBX) 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 SCMBX. 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 SCMBX

SCMBX charges 0.54% annually. Among mutual funds in the Municipal Bonds category, these options have the lowest expense ratios among SCMBX alternatives.

Symbol	Name	Expense Ratio	Inception
LSMSX	Western Asset SMASh Series TF Fund	0.01%	Dec 22, 2015	SCMBX vs LSMSX
NMTRX	Nuveen Municipal Total Return Managed Accounts	0.05%	May 30, 2007	SCMBX vs NMTRX
FHMIX	Federated Hermes Conservative Municipal Microshort...	0.05%	Feb 2, 2021	SCMBX vs FHMIX
FSMUX	Strategic Advisers Municipal Bond Fund	0.06%	Jun 24, 2021	SCMBX vs FSMUX
FMBIX	Fidelity Municipal Bond Index Fund	0.07%	Jul 11, 2019	SCMBX vs FMBIX

Best Risk-Adjusted Alternatives to SCMBX

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
ATOIX	abrdn Ultra Short Municipal Income Fund	100	Dec 4, 2002	SCMBX vs ATOIX
TFCYX	SEI Institutional Managed Trust Tax-Free Conservat...	99	Apr 21, 2016	SCMBX vs TFCYX
APUSX	Cavanal Hill Ultra Short Tax-Free Income Fund	99	Dec 25, 2017	SCMBX vs APUSX
FHMIX	Federated Hermes Conservative Municipal Microshort...	99	Feb 2, 2021	SCMBX vs FHMIX
USMTX	JPMorgan Ultra-Short Municipal Fund	99	May 30, 2016	SCMBX vs USMTX

Top Performing SCMBX Alternatives (YTD)

SCMBX alternatives from the Municipal Bonds category, sorted by year-to-date return.

Symbol	Name	YTD Return	Inception
NMI	Nuveen Municipal Income Fund, Inc.	5.52%	Apr 20, 1998	SCMBX vs NMI
NPV	Nuveen Virginia Quality Municipal Income Fund	4.94%	Mar 18, 1993	SCMBX vs NPV
NRK	Nuveen New York AMT Free Quality Municipal Income	4.26%	Nov 21, 2002	SCMBX vs NRK
MIY	BlackRock MuniYield Michigan Quality Fund	3.67%	Oct 30, 1992	SCMBX vs MIY
NQP	Nuveen Pennsylvania Quality Municipal Income	2.14%	Feb 21, 1991	SCMBX vs NQP

Lowest Volatility Alternatives to SCMBX

SCMBX alternatives from the Municipal Bonds category, sorted by annualized volatility over the past year.

Symbol	Name	Volatility 1Y	Inception
DFSMX	DFA Short Term Municipal Bond Portfolio	0.68%	Aug 19, 2002	SCMBX vs DFSMX
USMSX	JPMorgan Ultra-Short Municipal Fund	0.69%	May 31, 2016	SCMBX vs USMSX
USMTX	JPMorgan Ultra-Short Municipal Fund	0.70%	May 30, 2016	SCMBX vs USMTX
DFABX	DFA Short-Term Selective State Municipal Bond Port...	0.71%	Apr 11, 2022	SCMBX vs DFABX
BATVX	BlackRock Allocation Target Shares	0.76%	May 20, 2021	SCMBX vs BATVX

Lowest Drawdown Alternatives to SCMBX

SCMBX alternatives from the Municipal Bonds category, sorted by maximum drawdown over the past year.

Symbol	Name	Max Drawdown 1Y	Inception
BATVX	BlackRock Allocation Target Shares	0.00%	May 20, 2021	SCMBX vs BATVX
ATOIX	abrdn Ultra Short Municipal Income Fund	-0.10%	Dec 4, 2002	SCMBX vs ATOIX
TFCYX	SEI Institutional Managed Trust Tax-Free Conservat...	-0.10%	Apr 21, 2016	SCMBX vs TFCYX
APUSX	Cavanal Hill Ultra Short Tax-Free Income Fund	-0.20%	Dec 25, 2017	SCMBX vs APUSX
FHMIX	Federated Hermes Conservative Municipal Microshort...	-0.20%	Feb 2, 2021	SCMBX vs FHMIX

Other Mutual Funds from BlackRock

Most popular BlackRock mutual funds on PortfoliosLab, across asset classes.

Symbol	Name	Category	Risk / Return Rank	YTD Return	Inception
NASDX	Shelton Capital Management Nasdaq-100 Index Fund D...	Large Cap Growth Equities	65	-6.04%	Jan 18, 2000	SCMBX vs NASDX
VFAIX	Vanguard Financials Index Fund Admiral Shares	Financials Equities	8	-9.18%	Feb 4, 2004	SCMBX vs VFAIX
VTMFX	Vanguard Tax-Managed Balanced Fund Admiral Shares	Diversified Portfolio	75	-2.15%	Sep 6, 1994	SCMBX vs VTMFX
VTCLX	Vanguard Tax-Managed Capital Appreciation Fund Adm...	Large Cap Blend Equities	59	-4.05%	Sep 6, 1994	SCMBX vs VTCLX
WFSPX	iShares S&P 500 Index Fund	S&P 500	58	-4.63%	Jul 30, 1993	SCMBX vs WFSPX
ECAT	BlackRock ESG Capital Allocation Term Trust	Derivative Income, ESG	19	-4.58%	Sep 28, 2021	SCMBX vs ECAT
LIVIX	BlackRock LifePath Index 2055 Fund	Target Retirement Date	74	-1.33%	May 30, 2011	SCMBX vs LIVIX
FASGX	Fidelity Asset Manager 70% Fund	Diversified Portfolio	79	-0.70%	Dec 30, 1991	SCMBX vs FASGX
ASFYX	AlphaSimplex Managed Futures Strategy Fund Class Y	Systematic Trend	9	6.72%	Jul 30, 2010	SCMBX vs ASFYX
BDJ	BlackRock Enhanced Equity Dividend Fund	Derivative Income	29	-5.83%	Aug 30, 2005	SCMBX vs BDJ

Often Compared With SCMBX

What investors most often compare with SCMBX, based on PortfoliosLab usage data.

Symbol	Name	Category	Risk / Return Rank	YTD Return	Inception
JMUB	JPMorgan Municipal ETF	Municipal Bonds	52	-0.10%	Oct 29, 2018	SCMBX vs JMUB
FUENX	Fidelity Flex Municipal Income Fund	Municipal Bonds	54	-0.29%	Oct 12, 2017	SCMBX vs FUENX
MUNI	PIMCO Intermediate Municipal Bond Active ETF	Municipal Bonds, Actively Managed	63	0.26%	Nov 30, 2009	SCMBX vs MUNI
VTEX	VTEX		25	7.45%	—	SCMBX vs VTEX
FUEMX	Fidelity Flex Conservative Income Municipal Bond F...	Municipal Bonds	98	0.44%	Oct 12, 2017	SCMBX vs FUEMX
MUB	iShares National AMT-Free Muni Bond ETF	Municipal Bonds	49	0.04%	Sep 7, 2007	SCMBX vs MUB
SWLGX	Schwab U.S. Large-Cap Growth Index Fund	Large Cap Growth Equities	41	-9.81%	Dec 20, 2017	SCMBX vs SWLGX
MUST	Columbia Multi-Sector Municipal Income ETF	Money Market	34	-0.20%	Oct 10, 2018	SCMBX vs MUST
ICVT	iShares Convertible Bond ETF	Preferred Stock/Convertible Bonds	87	4.76%	Jun 2, 2015	SCMBX vs ICVT
VTEB	Vanguard Tax-Exempt Bond ETF	Municipal Bonds	48	0.09%	Aug 21, 2015	SCMBX vs VTEB
IYW	iShares U.S. Technology ETF	Technology Equities	63	-7.61%	May 19, 2000	SCMBX vs IYW
DHMBX	BNY Mellon High Yield Municipal Bond Fund	High Yield Muni	12	0.09%	Sep 29, 2005	SCMBX vs DHMBX
SHYTX	DWS Strategic High Yield Tax	High Yield Muni	24	-0.15%	Jan 21, 1987	SCMBX vs SHYTX
FXIEX	PIMCO Fixed Income SHares: Series TE	Municipal Bonds	18	-0.41%	Jun 24, 2012	SCMBX vs FXIEX
FTABX	Fidelity Tax-Free Bond Fund	Municipal Bonds	48	-0.50%	Apr 10, 2001	SCMBX vs FTABX
SCMB	Schwab Municipal Bond ETF	Municipal Bonds	42	-0.33%	Oct 11, 2022	SCMBX vs SCMB
DCARX	DFA California Municipal Real Return Portfolio	Municipal Bonds	93	1.09%	Oct 31, 2017	SCMBX vs DCARX
DMREX	DFA Municipal Real Return Portfolio	Municipal Bonds	92	1.10%	Nov 3, 2014	SCMBX vs DMREX
FKINX	Franklin Income Fund Class A1	Diversified Portfolio	85	2.96%	—	SCMBX vs FKINX
FGNSX	Strategic Advisers Tax-Sensitive Short Duration Fu...	Municipal Bonds	37	-0.10%	Dec 27, 2017	SCMBX vs FGNSX

Compare SCMBX with Any Fund or Stock

Compare SCMBX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.

Symbol name

DWS Managed Municipal Bond Fund

Symbol name