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HIMFX vs. HIMYX
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Performance

HIMFX vs. HIMYX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in American High-Income Municipal Bond Fund Class F-3 (HIMFX) and Pioneer High Income Municipal Fund (HIMYX). The values are adjusted to include any dividend payments, if applicable.

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HIMFX vs. HIMYX - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
HIMFX
American High-Income Municipal Bond Fund Class F-3
-0.45%4.69%6.23%7.89%-12.36%5.60%4.74%8.92%1.91%8.22%
HIMYX
Pioneer High Income Municipal Fund
-1.26%-1.50%6.07%3.64%-13.08%6.69%1.85%9.56%4.15%7.09%

Returns By Period

In the year-to-date period, HIMFX achieves a -0.45% return, which is significantly higher than HIMYX's -1.26% return.


HIMFX

1D
0.07%
1M
-2.70%
YTD
-0.45%
6M
1.33%
1Y
3.90%
3Y*
5.19%
5Y*
1.71%
10Y*

HIMYX

1D
0.18%
1M
-3.53%
YTD
-1.26%
6M
-2.54%
1Y
-2.59%
3Y*
1.58%
5Y*
-0.50%
10Y*
2.16%
*Multi-year figures are annualized to reflect compound growth (CAGR)

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HIMFX vs. HIMYX - Expense Ratio Comparison

HIMFX has a 0.31% expense ratio, which is lower than HIMYX's 0.55% expense ratio.


Return for Risk

HIMFX vs. HIMYX — Risk / Return Rank

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

HIMFX
HIMFX Risk / Return Rank: 3232
Overall Rank
HIMFX Sharpe Ratio Rank: 2929
Sharpe Ratio Rank
HIMFX Sortino Ratio Rank: 2424
Sortino Ratio Rank
HIMFX Omega Ratio Rank: 5252
Omega Ratio Rank
HIMFX Calmar Ratio Rank: 3131
Calmar Ratio Rank
HIMFX Martin Ratio Rank: 2424
Martin Ratio Rank

HIMYX
HIMYX Risk / Return Rank: 33
Overall Rank
HIMYX Sharpe Ratio Rank: 33
Sharpe Ratio Rank
HIMYX Sortino Ratio Rank: 33
Sortino Ratio Rank
HIMYX Omega Ratio Rank: 22
Omega Ratio Rank
HIMYX Calmar Ratio Rank: 33
Calmar Ratio Rank
HIMYX Martin Ratio Rank: 44
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.

HIMFX vs. HIMYX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for American High-Income Municipal Bond Fund Class F-3 (HIMFX) and Pioneer High Income Municipal Fund (HIMYX). 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.


HIMFXHIMYXDifference

Sharpe ratio

Return per unit of total volatility

0.72

-0.24

+0.96

Sortino ratio

Return per unit of downside risk

0.97

-0.30

+1.27

Omega ratio

Gain probability vs. loss probability

1.21

0.95

+0.26

Calmar ratio

Return relative to maximum drawdown

0.87

-0.26

+1.14

Martin ratio

Return relative to average drawdown

2.64

-0.53

+3.17

HIMFX vs. HIMYX - Sharpe Ratio Comparison

The current HIMFX Sharpe Ratio is 0.72, which is higher than the HIMYX Sharpe Ratio of -0.24. The chart below compares the historical Sharpe Ratios of HIMFX and HIMYX, 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


HIMFXHIMYXDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

0.72

-0.24

+0.96

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.36

-0.09

+0.45

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.43

Sharpe Ratio (All Time)

Calculated using the full available price history

0.80

0.52

+0.28

Correlation

The correlation between HIMFX and HIMYX is 0.73, 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

HIMFX vs. HIMYX - Dividend Comparison

HIMFX's dividend yield for the trailing twelve months is around 4.00%, less than HIMYX's 8.27% yield.


TTM20252024202320222021202020192018201720162015
HIMFX
American High-Income Municipal Bond Fund Class F-3
4.00%4.32%3.83%3.71%2.80%3.54%3.73%3.49%3.99%3.61%0.00%0.00%
HIMYX
Pioneer High Income Municipal Fund
8.27%8.63%5.32%4.97%3.88%3.71%3.96%5.35%5.20%5.00%5.66%5.65%

Drawdowns

HIMFX vs. HIMYX - Drawdown Comparison

The maximum HIMFX drawdown since its inception was -17.57%, smaller than the maximum HIMYX drawdown of -35.00%. Use the drawdown chart below to compare losses from any high point for HIMFX and HIMYX.


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Drawdown Indicators


HIMFXHIMYXDifference

Max Drawdown

Largest peak-to-trough decline

-17.57%

-35.00%

+17.43%

Max Drawdown (1Y)

Largest decline over 1 year

-5.60%

-6.96%

+1.36%

Max Drawdown (5Y)

Largest decline over 5 years

-17.57%

-19.32%

+1.75%

Max Drawdown (10Y)

Largest decline over 10 years

-19.32%

Current Drawdown

Current decline from peak

-2.70%

-7.07%

+4.37%

Average Drawdown

Average peak-to-trough decline

-3.21%

-5.66%

+2.45%

Ulcer Index

Depth and duration of drawdowns from previous peaks

1.85%

3.49%

-1.64%

Volatility

HIMFX vs. HIMYX - Volatility Comparison

The current volatility for American High-Income Municipal Bond Fund Class F-3 (HIMFX) is 1.08%, while Pioneer High Income Municipal Fund (HIMYX) has a volatility of 1.37%. This indicates that HIMFX experiences smaller price fluctuations and is considered to be less risky than HIMYX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


HIMFXHIMYXDifference

Volatility (1M)

Calculated over the trailing 1-month period

1.08%

1.37%

-0.29%

Volatility (6M)

Calculated over the trailing 6-month period

1.87%

4.31%

-2.44%

Volatility (1Y)

Calculated over the trailing 1-year period

6.36%

8.40%

-2.04%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

4.78%

5.62%

-0.84%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

4.62%

5.04%

-0.42%