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%	17.60B	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%	17.60B	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 69. There are 22 mutual funds in the High Yield Muni category with higher risk-adjusted ranks, going as high as 93.

Symbol	Name	Risk / Return Rank	AUM	Inception
PRFHX	T. Rowe Price Tax Free High Yield Fund	93	—	Feb 1985	TMNIX vs PRFHX
FHTFX	Federated Hermes Municipal High Yield Advtg Fd	91	—	Apr 1987	TMNIX vs FHTFX
ISHYX	Invesco Short Duration High Yield Municipal Fund	89	—	Sep 2015	TMNIX vs ISHYX
SRHMX	Columbia High Yield Municipal Fund	83	—	Mar 1984	TMNIX vs SRHMX
EWHYX	Eaton Vance High Yield Municipal Income Fund Class...	82	—	May 2007	TMNIX vs EWHYX

Top Performing TMNIX Alternatives (YTD)

TMNIX is at 1.74% YTD. There are 47 mutual funds in the High Yield Muni category with higher YTD returns, going as high as 5.38%.

Symbol	Name	YTD Return	AUM	Inception
NMZ	Nuveen Municipal High Income Opportunity Fund	5.38%	—	Nov 2003	TMNIX vs NMZ
EWHYX	Eaton Vance High Yield Municipal Income Fund Class...	3.60%	—	May 2007	TMNIX vs EWHYX
NHMFX	Nuveen High Yield Municipal Bond Fund Class R6	3.41%	—	Jun 2016	TMNIX vs NHMFX
SRHMX	Columbia High Yield Municipal Fund	3.38%	—	Mar 1984	TMNIX vs SRHMX
NHMRX	Nuveen High Yield Municipal Bond Fund	3.32%	—	Jun 1999	TMNIX vs NHMRX

Lowest Volatility Alternatives to TMNIX

TMNIX has 2.56% 1-year volatility. There are 4 mutual funds in the High Yield Muni category with lower 1-year volatility, going as low as 2.02%.

Symbol	Name	Volatility 1Y	AUM	Inception
RWMIX	Redwood Managed Municipal Income Fund	2.02%	—	Mar 2017	TMNIX vs RWMIX
SDHIX	Lord Abbett Short Duration High Income Municipal B...	2.06%	—	Jun 2015	TMNIX vs SDHIX
NVHIX	Nuveen Short Duration High Yield Municipal Bond Fu...	2.24%	—	Jan 2013	TMNIX vs NVHIX
ISHYX	Invesco Short Duration High Yield Municipal Fund	2.30%	—	Sep 2015	TMNIX vs ISHYX
STMYX	Sierra Tactical Municipal Fund	2.61%	—	Dec 2018	TMNIX vs STMYX

Lowest Drawdown Alternatives to TMNIX

TMNIX has a 1-year max drawdown of -2.26%. There are 4 mutual funds in the High Yield Muni category with shallower 1-year drawdowns, going as shallow as -1.80%.

Symbol	Name	Max Drawdown 1Y	AUM	Inception
NVHIX	Nuveen Short Duration High Yield Municipal Bond Fu...	-1.80%	—	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
FHTFX	Federated Hermes Municipal High Yield Advtg Fd	-2.46%	—	Apr 1987	TMNIX vs FHTFX

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	48	12.41%	—	Nov 2015	TMNIX vs CPIEX
CPITX	Counterpoint Tactical Income Fund	Nontraditional Bonds	29	-0.42%	—	Dec 2014	TMNIX vs CPITX

Often Compared With TMNIX

Investors most often compare TMNIX with NSIOX, ABTYX, FRHIX. 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	53	1.63%	—	Dec 2014	TMNIX vs NSIOX
ABTYX	AB High Income Municipal Portfolio	High Yield Muni	62	2.42%	—	Jan 2010	TMNIX vs ABTYX
FRHIX	Franklin High Yield Tax Free Income Fund	High Yield Muni	75	2.93%	—	Mar 1986	TMNIX vs FRHIX
HIMYX	Pioneer High Income Municipal Fund	High Yield Muni	7	1.33%	—	Oct 2006	TMNIX vs HIMYX
RFM	RiverNorth Flexible Municipal Income Fund	High Yield Muni	33	8.51%	—	—	TMNIX vs RFM
GHYIX	Goldman Sachs High Yield Municipal Fund Institutio...	High Yield Muni	59	2.62%	—	Apr 2000	TMNIX vs GHYIX
FDUAX	First Eagle Short Duration High Yield Municipal Fu...	High Yield Muni	10	2.04%	—	Feb 2024	TMNIX vs FDUAX
ABHYX	American Century High-Yield Municipal Fund	High Yield Muni	67	2.50%	572.53M	Mar 1998	TMNIX vs ABHYX
JHTFX	John Hancock High Yield Municipal Bond Fund	High Yield Muni	53	3.06%	—	Dec 1993	TMNIX vs JHTFX
ETHYX	Eaton Vance High Yield Municipal Income Fund	High Yield Muni	76	3.17%	—	Aug 1995	TMNIX vs ETHYX
MMHVX	MainStay MacKay High Yield Municipal Bond Fund	High Yield Muni	76	3.05%	—	Mar 2010	TMNIX vs MMHVX
FQCHX	Franklin Templeton SMACS: Series CH	High Yield Muni	75	2.66%	—	Jun 2019	TMNIX vs FQCHX
AMHIX	American High-Income Municipal Bond Fund	High Yield Muni	77	2.36%	—	Sep 1994	TMNIX vs AMHIX
CXHYX	Delaware National High-Yield Municipal Bond Fund	High Yield Muni	29	2.29%	—	Sep 1986	TMNIX vs CXHYX
ORNAX	Invesco Rochester Municipal Opportunities Fund	High Yield Muni	38	1.83%	—	Sep 1993	TMNIX vs ORNAX
FVCAX	Franklin California High Yield Municipal Fund Advi...	High Yield Muni	75	2.36%	—	May 1993	TMNIX vs FVCAX
SHYTX	DWS Strategic High Yield Tax	High Yield Muni	64	2.08%	—	Jan 1987	TMNIX vs SHYTX
AHMFX	American High-Income Municipal Bond Fund Class F-2	High Yield Muni	79	2.46%	—	Aug 2008	TMNIX vs AHMFX
WHYIX	Allspring High Yield Municipal Bond Fund	High Yield Muni	79	3.10%	—	Jan 2013	TMNIX vs WHYIX
MISHX	AB Municipal Income Shares	High Yield Muni	70	2.13%	—	Aug 2010	TMNIX vs MISHX

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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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