Morgan Stanley Pathway Funds Municipal Bond Fund (TMUUX) 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 TMUUX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to TMUUX
TMUUX charges 0.71% annually. There are 312 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 | TMUUX vs LSMSX | |
| Federated Hermes Conservative Municipal Microshort... | 0.05% | — | Feb 2021 | TMUUX vs FHMIX | |
| Nuveen Municipal Total Return Managed Accounts | 0.05% | — | May 2007 | TMUUX vs NMTRX | |
| Vanguard Tax-Managed Balanced Fund Admiral Shares | 0.05% | 12.30B | Sep 1994 | TMUUX vs VTMFX | |
| Strategic Advisers Municipal Bond Fund | 0.06% | — | Jun 2021 | TMUUX vs FSMUX |
Best Risk-Adjusted Alternatives to TMUUX
TMUUX has a PortfoliosLab risk / return rank of 55. There are 372 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 | TMUUX vs DFSMX | |
| abrdn Ultra Short Municipal Income Fund | 100 | — | Dec 2002 | TMUUX vs ATOIX | |
| DFA Short-Term Selective State Municipal Bond Port... | 99 | — | Apr 2022 | TMUUX vs DFABX | |
| Federated Hermes Conservative Municipal Microshort... | 99 | — | Feb 2021 | TMUUX vs FHMIX | |
| SEI Institutional Managed Trust Tax-Free Conservat... | 99 | — | Apr 2016 | TMUUX vs TFCYX |
Top Performing TMUUX Alternatives (YTD)
TMUUX is at -0.12% YTD. There are 376 mutual funds in the Municipal Bonds category with higher YTD returns, going as high as 10.88%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Nuveen Municipal Income Fund, Inc. | 10.88% | — | Apr 1998 | TMUUX vs NMI | |
| Nuveen New York AMT Free Quality Municipal Income | 6.63% | — | Nov 2002 | TMUUX vs NRK | |
| BlackRock MuniYield Michigan Quality Fund | 5.90% | — | Oct 1992 | TMUUX vs MIY | |
| Vanguard Tax-Managed Balanced Fund Admiral Shares | 4.67% | 12.30B | Sep 1994 | TMUUX vs VTMFX | |
| BlackRock MuniHoldings New Jersey Quality Fund | 3.83% | — | Mar 1998 | TMUUX vs MUJ |
Lowest Volatility Alternatives to TMUUX
TMUUX has 2.94% 1-year volatility. There are 296 mutual funds in the Municipal Bonds category with lower 1-year volatility, going as low as 0.54%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| DFA Short Term Municipal Bond Portfolio | 0.54% | — | Aug 2002 | TMUUX vs DFSMX | |
| DFA Short-Term Selective State Municipal Bond Port... | 0.57% | — | Apr 2022 | TMUUX vs DFABX | |
| DFA California Short Term Municipal Bond Portfolio | 0.59% | — | Apr 2007 | TMUUX vs DFCMX | |
| JPMorgan Ultra-Short Municipal Fund | 0.63% | — | May 2016 | TMUUX vs USMSX | |
| JPMorgan Ultra-Short Municipal Fund | 0.65% | — | May 2016 | TMUUX vs USMTX |
Lowest Drawdown Alternatives to TMUUX
TMUUX has a 1-year max drawdown of -2.54%. There are 160 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 | TMUUX vs BATVX | |
| SEI Institutional Managed Trust Tax-Free Conservat... | -0.10% | — | Apr 2016 | TMUUX vs TFCYX | |
| Federated Hermes Conservative Municipal Microshort... | -0.10% | — | Feb 2021 | TMUUX vs FHMIX | |
| abrdn Ultra Short Municipal Income Fund | -0.10% | — | Dec 2002 | TMUUX vs ATOIX | |
| DFA Short Term Municipal Bond Portfolio | -0.11% | — | Aug 2002 | TMUUX vs DFSMX |
Other Mutual Funds from Morgan Stanley
The 10 most viewed Morgan Stanley mutual funds shown here include MSEQX, MACGX, EDD and span 5 categories.
Often Compared With TMUUX
Investors most often compare TMUUX with FXIEX, NPV, APUSX. These 7 comparison targets span 1 categories, based on PortfoliosLab usage data.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| PIMCO Fixed Income SHares: Series TE | Municipal Bonds | 80 | 0.76% | — | Jun 2012 | TMUUX vs FXIEX | |
| Nuveen Virginia Quality Municipal Income Fund | Municipal Bonds | 16 | 1.08% | — | Mar 1993 | TMUUX vs NPV | |
| Cavanal Hill Ultra Short Tax-Free Income Fund | Municipal Bonds | 19 | 0.90% | — | Dec 2017 | TMUUX vs APUSX | |
| Strategic Advisers Tax-Sensitive Short Duration Fu... | Municipal Bonds | 95 | 0.82% | — | Dec 2017 | TMUUX vs FGNSX | |
| AllianceBernstein National Municipal Income Fund | Municipal Bonds | 56 | 3.80% | — | Nov 2001 | TMUUX vs AFB | |
| DFA NY Municipal Bond Portfolio | Municipal Bonds | 99 | 1.21% | — | Jun 2015 | TMUUX vs DNYMX | |
| BlackRock MuniHoldings California Quality Fund | Municipal Bonds | 43 | 3.62% | — | Feb 1998 | TMUUX vs MUC |
Compare TMUUX with Any Fund or Stock
Compare TMUUX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair TMUUX with funds that move differently
Morgan Stanley Pathway Funds Municipal Bond Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to TMUUX.
Explore TMUUX Diversifiers