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FDUAX vs. AHMFX
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Performance

FDUAX vs. AHMFX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in First Eagle Short Duration High Yield Municipal Fund Class A (FDUAX) and American High-Income Municipal Bond Fund Class F-2 (AHMFX). The values are adjusted to include any dividend payments, if applicable.

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FDUAX vs. AHMFX - Yearly Performance Comparison


Returns By Period

In the year-to-date period, FDUAX achieves a -0.44% return, which is significantly higher than AHMFX's -0.48% return.


FDUAX

1D
0.10%
1M
-1.61%
YTD
-0.44%
6M
-0.53%
1Y
-0.63%
3Y*
5Y*
10Y*

AHMFX

1D
0.07%
1M
-2.70%
YTD
-0.48%
6M
1.28%
1Y
4.18%
3Y*
5.44%
5Y*
1.81%
10Y*
3.39%
*Multi-year figures are annualized to reflect compound growth (CAGR)

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FDUAX vs. AHMFX - Expense Ratio Comparison

FDUAX has a 0.87% expense ratio, which is higher than AHMFX's 0.42% expense ratio.


Return for Risk

FDUAX vs. AHMFX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

FDUAX
FDUAX Risk / Return Rank: 44
Overall Rank
FDUAX Sharpe Ratio Rank: 44
Sharpe Ratio Rank
FDUAX Sortino Ratio Rank: 33
Sortino Ratio Rank
FDUAX Omega Ratio Rank: 33
Omega Ratio Rank
FDUAX Calmar Ratio Rank: 66
Calmar Ratio Rank
FDUAX Martin Ratio Rank: 66
Martin Ratio Rank

AHMFX
AHMFX Risk / Return Rank: 3939
Overall Rank
AHMFX Sharpe Ratio Rank: 3535
Sharpe Ratio Rank
AHMFX Sortino Ratio Rank: 3030
Sortino Ratio Rank
AHMFX Omega Ratio Rank: 6262
Omega Ratio Rank
AHMFX Calmar Ratio Rank: 3636
Calmar Ratio Rank
AHMFX Martin Ratio Rank: 3030
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

FDUAX vs. AHMFX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for First Eagle Short Duration High Yield Municipal Fund Class A (FDUAX) and American High-Income Municipal Bond Fund Class F-2 (AHMFX). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.


FDUAXAHMFXDifference

Sharpe ratio

Return per unit of total volatility

-0.10

0.81

-0.91

Sortino ratio

Return per unit of downside risk

-0.11

1.10

-1.21

Omega ratio

Gain probability vs. loss probability

0.98

1.24

-0.26

Calmar ratio

Return relative to maximum drawdown

0.03

0.99

-0.96

Martin ratio

Return relative to average drawdown

0.08

3.26

-3.19

FDUAX vs. AHMFX - Sharpe Ratio Comparison

The current FDUAX Sharpe Ratio is -0.10, which is lower than the AHMFX Sharpe Ratio of 0.81. The chart below compares the historical Sharpe Ratios of FDUAX and AHMFX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Sharpe Ratios by Period


FDUAXAHMFXDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

-0.10

0.81

-0.91

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.38

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.75

Sharpe Ratio (All Time)

Calculated using the full available price history

1.02

1.52

-0.49

Correlation

The correlation between FDUAX and AHMFX is 0.71, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.


Dividends

FDUAX vs. AHMFX - Dividend Comparison

FDUAX's dividend yield for the trailing twelve months is around 4.65%, more than AHMFX's 4.27% yield.


TTM20252024202320222021202020192018201720162015
FDUAX
First Eagle Short Duration High Yield Municipal Fund Class A
4.65%4.83%3.84%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
AHMFX
American High-Income Municipal Bond Fund Class F-2
4.27%5.58%4.04%2.97%2.71%3.44%3.60%3.68%3.88%4.19%3.74%4.19%

Drawdowns

FDUAX vs. AHMFX - Drawdown Comparison

The maximum FDUAX drawdown since its inception was -3.96%, smaller than the maximum AHMFX drawdown of -17.65%. Use the drawdown chart below to compare losses from any high point for FDUAX and AHMFX.


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Drawdown Indicators


FDUAXAHMFXDifference

Max Drawdown

Largest peak-to-trough decline

-3.96%

-17.65%

+13.69%

Max Drawdown (1Y)

Largest decline over 1 year

-3.96%

-5.60%

+1.64%

Max Drawdown (5Y)

Largest decline over 5 years

-17.65%

Max Drawdown (10Y)

Largest decline over 10 years

-17.65%

Current Drawdown

Current decline from peak

-1.61%

-2.70%

+1.09%

Average Drawdown

Average peak-to-trough decline

-0.73%

-2.38%

+1.65%

Ulcer Index

Depth and duration of drawdowns from previous peaks

1.60%

1.69%

-0.09%

Volatility

FDUAX vs. AHMFX - Volatility Comparison

The current volatility for First Eagle Short Duration High Yield Municipal Fund Class A (FDUAX) is 0.61%, while American High-Income Municipal Bond Fund Class F-2 (AHMFX) has a volatility of 1.08%. This indicates that FDUAX experiences smaller price fluctuations and is considered to be less risky than AHMFX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


FDUAXAHMFXDifference

Volatility (1M)

Calculated over the trailing 1-month period

0.61%

1.08%

-0.47%

Volatility (6M)

Calculated over the trailing 6-month period

1.64%

1.86%

-0.22%

Volatility (1Y)

Calculated over the trailing 1-year period

4.17%

6.45%

-2.28%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

3.28%

4.82%

-1.54%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

3.28%

4.53%

-1.25%