TMNIX Alternatives & Similar Mutual Funds

Counterpoint Tactical Municipal Fund (TMNIX) 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 TMNIX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.

Cheapest Alternatives to TMNIX

TMNIX charges 1.00% annually. There are 44 mutual funds in the High Yield Muni category with lower expense ratios, going as low as 0.09%.

Symbol	Name	Expense Ratio	AUM	Inception
VWALX	Vanguard High-Yield Tax-Exempt Fund Admiral Shares	0.09%	17.80B	Nov 2001	TMNIX vs VWALX
BATEX	BlackRock Allocation Target Shares Series E Portfo...	0.11%	—	Aug 2014	TMNIX vs BATEX
VWAHX	Vanguard High-Yield Tax-Exempt Fund Investor Share...	0.17%	17.80B	Dec 1978	TMNIX vs VWAHX
EWHYX	Eaton Vance High Yield Municipal Income Fund Class...	0.18%	—	May 2007	TMNIX vs EWHYX
HIMFX	American High-Income Municipal Bond Fund Class F-3	0.31%	—	Jan 2017	TMNIX vs HIMFX

Best Risk-Adjusted Alternatives to TMNIX

TMNIX has a PortfoliosLab risk / return rank of 71. There are 47 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
PRFHX	T. Rowe Price Tax Free High Yield Fund	96	—	Feb 1985	TMNIX vs PRFHX
FHTFX	Federated Hermes Municipal High Yield Advtg Fd	95	—	Apr 1987	TMNIX vs FHTFX
SRHMX	Columbia High Yield Municipal Fund	94	—	Mar 1984	TMNIX vs SRHMX
ISHYX	Invesco Short Duration High Yield Municipal Fund	94	—	Sep 2015	TMNIX vs ISHYX
EWHYX	Eaton Vance High Yield Municipal Income Fund Class...	94	—	May 2007	TMNIX vs EWHYX

Top Performing TMNIX Alternatives (YTD)

TMNIX is at 0.40% YTD. There are 49 mutual funds in the High Yield Muni category with higher YTD returns, going as high as 4.20%.

Symbol	Name	YTD Return	AUM	Inception
NMZ	Nuveen Municipal High Income Opportunity Fund	4.20%	—	Nov 2003	TMNIX vs NMZ
EWHYX	Eaton Vance High Yield Municipal Income Fund Class...	2.53%	—	May 2007	TMNIX vs EWHYX
SRHMX	Columbia High Yield Municipal Fund	2.33%	—	Mar 1984	TMNIX vs SRHMX
WHYIX	Allspring High Yield Municipal Bond Fund	2.06%	—	Jan 2013	TMNIX vs WHYIX
PRFHX	T. Rowe Price Tax Free High Yield Fund	2.05%	—	Feb 1985	TMNIX vs PRFHX

Lowest Volatility Alternatives to TMNIX

TMNIX has 2.70% 1-year volatility. There are 7 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
SDHIX	Lord Abbett Short Duration High Income Municipal B...	2.13%	—	Jun 2015	TMNIX vs SDHIX
NVHIX	Nuveen Short Duration High Yield Municipal Bond Fu...	2.17%	—	Jan 2013	TMNIX vs NVHIX
RWMIX	Redwood Managed Municipal Income Fund	2.27%	—	Mar 2017	TMNIX vs RWMIX
ISHYX	Invesco Short Duration High Yield Municipal Fund	2.35%	—	Sep 2015	TMNIX vs ISHYX
AHYMX	abrdn Short Duration High Yield Municipal Fund	2.62%	—	May 2013	TMNIX vs AHYMX

Lowest Drawdown Alternatives to TMNIX

TMNIX has a 1-year max drawdown of -2.26%. There are 5 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
FDUAX	First Eagle Short Duration High Yield Municipal Fu...	-1.71%	—	Feb 2024	TMNIX vs FDUAX
NVHIX	Nuveen Short Duration High Yield Municipal Bond Fu...	-1.79%	—	Jan 2013	TMNIX vs NVHIX
ISHYX	Invesco Short Duration High Yield Municipal Fund	-1.89%	—	Sep 2015	TMNIX vs ISHYX
AHYMX	abrdn Short Duration High Yield Municipal Fund	-1.98%	—	May 2013	TMNIX vs AHYMX
SDHIX	Lord Abbett Short Duration High Income Municipal B...	-2.08%	—	Jun 2015	TMNIX vs SDHIX

Other Mutual Funds from Counterpoint Mutual Funds

The 2 most viewed Counterpoint Mutual Funds mutual funds shown here include CPIEX, CPITX and span 2 categories.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
CPIEX	Counterpoint Tactical Equity Fund	Long-Short	39	7.33%	—	Nov 2015	TMNIX vs CPIEX
CPITX	Counterpoint Tactical Income Fund	Nontraditional Bonds	24	-0.79%	—	Dec 2014	TMNIX vs CPITX

Often Compared With TMNIX

Investors most often compare TMNIX with NSIOX, FRHIX, ABTYX. These 20 comparison targets span 1 categories, based on PortfoliosLab usage data.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
NSIOX	Nuveen Strategic Municipal Opportunities Fund	High Yield Muni	71	0.44%	—	Dec 2014	TMNIX vs NSIOX
FRHIX	Franklin High Yield Tax Free Income Fund	High Yield Muni	87	1.47%	—	Mar 1986	TMNIX vs FRHIX
ABTYX	AB High Income Municipal Portfolio	High Yield Muni	74	0.73%	—	Jan 2010	TMNIX vs ABTYX
RFM	RiverNorth Flexible Municipal Income Fund	High Yield Muni	63	8.81%	—	—	TMNIX vs RFM
HIMYX	Pioneer High Income Municipal Fund	High Yield Muni	14	-0.40%	—	Oct 2006	TMNIX vs HIMYX
GHYIX	Goldman Sachs High Yield Municipal Fund Institutio...	High Yield Muni	86	1.41%	—	Apr 2000	TMNIX vs GHYIX
ETHYX	Eaton Vance High Yield Municipal Income Fund	High Yield Muni	92	2.04%	—	Aug 1995	TMNIX vs ETHYX
JHTFX	John Hancock High Yield Municipal Bond Fund	High Yield Muni	80	1.83%	—	Dec 1993	TMNIX vs JHTFX
MMHVX	MainStay MacKay High Yield Municipal Bond Fund	High Yield Muni	91	1.73%	—	Mar 2010	TMNIX vs MMHVX
NHMRX	Nuveen High Yield Municipal Bond Fund	High Yield Muni	89	1.87%	—	Jun 1999	TMNIX vs NHMRX
ABHYX	American Century High-Yield Municipal Fund	High Yield Muni	83	1.21%	572.53M	Mar 1998	TMNIX vs ABHYX
FVCAX	Franklin California High Yield Municipal Fund Advi...	High Yield Muni	87	1.06%	—	May 1993	TMNIX vs FVCAX
NHMFX	Nuveen High Yield Municipal Bond Fund Class R6	High Yield Muni	91	1.89%	—	Jun 2016	TMNIX vs NHMFX
AMHIX	American High-Income Municipal Bond Fund	High Yield Muni	89	1.35%	—	Sep 1994	TMNIX vs AMHIX
ACTHX	Invesco High Yield Municipal Fund	High Yield Muni	87	1.36%	—	Jan 1986	TMNIX vs ACTHX
PRHAX	PGIM Muni High Income Fund	High Yield Muni	82	1.52%	—	Jan 1990	TMNIX vs PRHAX
FQCHX	Franklin Templeton SMACS: Series CH	High Yield Muni	91	1.46%	—	Jun 2019	TMNIX vs FQCHX
SHYTX	DWS Strategic High Yield Tax	High Yield Muni	82	1.31%	—	Jan 1987	TMNIX vs SHYTX
CXHYX	Delaware National High-Yield Municipal Bond Fund	High Yield Muni	72	0.95%	—	Sep 1986	TMNIX vs CXHYX
RTHAX	Russell Investments Tax-Exempt High Yield Bond Fun...	High Yield Muni	89	1.95%	—	May 2015	TMNIX vs RTHAX

Compare TMNIX with Any Fund or Stock

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

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Diversifiers

Pair TMNIX with funds that move differently

Counterpoint Tactical Municipal Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to TMNIX.

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Counterpoint Tactical Municipal Fund (TMNIX) Alternatives