High Yield Municipal Bond Funds
Municipal bonds are best thought of as a loan that various state and local governments have taken out with investors to fund public projects. Investors buy the bonds anticipating an interest payment and ultimate payback of the amount borrowed from revenue generated from the project, such as taxes, fees, tools, or special assessments. The income from these bonds is generally free from federal taxes. These mutual funds and ETFs concentrate on bonds of projects with higher risk of repayment due to the uncertainty of potential future revenue.
|
Name
|
Medalist Rating
Overall
|
SEC 30-Day Yield
|
TTM Yield
|
Average Effective Duration
|
Total Return
1 Year
|
Total Return
3 Year
|
Adjusted Expense Ratio
|
Fund Size
| |
|---|---|---|---|---|---|---|---|---|---|
| AB High Income Municipal Portfolio Advisor Class
ABTYX
| 4.69% | 4.37% | 10.51 | 7.48% | 5.31% | 0.540% | $2.78B | ||
| AB High Income Municipal Portfolio Class A
ABTHX
| 4.12% | 4.14% | 10.51 | 7.21% | 5.04% | 0.790% | $2.78B | ||
| AB High Income Municipal Portfolio Class C
ABTFX
| 3.50% | 3.44% | 10.51 | 6.41% | 4.26% | 1.540% | $2.78B | ||
| AB High Income Municipal Portfolio Class Z
ABTZX
| 4.55% | 4.37% | 10.51 | 7.48% | 5.31% | 0.540% | $2.78B | ||
| abrdn Short Duration High Yield Municipal Fund Class A
AAHMX
| 4.15% | 4.03% | 4.30 | 3.95% | 2.98% | 0.920% | $24.90M | ||
| abrdn Short Duration High Yield Municipal Fund Class C
ACHMX
| 3.32% | 0.26% | 4.30 | −0.62% | −0.29% | 1.670% | $24.90M | ||
| abrdn Short Duration High Yield Municipal Fund Institutional Class
AHYMX
| 4.35% | 4.29% | 4.30 | 4.21% | 3.24% | 0.670% | $24.90M | ||
| Allspring High Yield Municipal Bond Fund - Class A
WHYMX
| 4.42% | 4.49% | 7.56 | 8.39% | 4.87% | 0.800% | $206.70M | ||
| Allspring High Yield Municipal Bond Fund - Class C
WHYCX
| 3.83% | 3.74% | 7.56 | 7.58% | 4.08% | 1.550% | $206.70M | ||
| Allspring High Yield Municipal Bond Fund - Class Inst
WHYIX
| 4.83% | 4.74% | 7.56 | 8.66% | 5.12% | 0.550% | $206.70M | ||
| Allspring High Yield Municipal Bond Fund - Class R6
EKHRX
| 4.88% | 4.79% | 7.56 | 8.82% | 5.18% | 0.500% | $206.70M | ||
| American Beacon Aberdeen Municipal High Income ETF
AMHI
| — | — | — | — | — | — | 0.550% | $19.70M | |
| American Century High Yield Municipal Fund Class A
AYMAX
| 4.09% | 4.14% | 7.89 | 7.02% | 4.66% | 0.850% | $573.70M | ||
| American Century High Yield Municipal Fund Class C
AYMCX
| 3.31% | 3.38% | 7.89 | 6.34% | 3.88% | 1.600% | $573.70M | ||
| American Century High Yield Municipal Fund I Class
AYMIX
| 4.59% | 4.59% | 7.89 | 7.49% | 5.09% | 0.400% | $573.70M | ||
| American Century High Yield Municipal Fund Investor Class
ABHYX
| 4.35% | 4.39% | 7.89 | 7.28% | 4.88% | 0.600% | $573.70M | ||
| American Century High-Yield Municipal Fund Y Class
AYMYX
| 4.60% | 4.62% | 7.89 | 7.65% | 5.16% | 0.370% | $573.70M | ||
| American High-Income Municipal Bond Fund® Class A
AMHIX
| 3.78% | 3.91% | 7.35 | 7.02% | 5.86% | 0.670% | $15.32B | ||
| American High-Income Municipal Bond Fund® Class C
AHICX
| 3.22% | 3.20% | 7.35 | 6.26% | 5.09% | 1.370% | $15.32B | ||
| American High-Income Municipal Bond Fund® Class F-1
ABHFX
| 3.91% | 3.89% | 7.35 | 6.99% | 5.83% | 0.690% | $15.32B | ||
| American High-Income Municipal Bond Fund® Class F-2
AHMFX
| 4.16% | 4.15% | 7.35 | 7.27% | 6.11% | 0.430% | $15.32B | ||
| American High-Income Municipal Bond Fund® Class F-3
HIMFX
| 4.26% | 4.26% | 7.35 | 7.39% | 6.23% | 0.320% | $15.32B | ||
| AMG GW&K Municipal Enhanced SMA Shares
MESHX
| — | 4.68% | 4.79% | 12.21 | 8.98% | 4.89% | 0.000% | $260.61M | |
| AMG GW&K Municipal Enhanced Yield Fund Class I
GWMEX
| 4.16% | 3.82% | 11.72 | 8.72% | 4.43% | 0.640% | $160.81M | ||
| AMG GW&K Municipal Enhanced Yield Fund Class N
GWMNX
| 3.80% | 3.38% | 11.72 | 8.34% | 4.03% | 0.990% | $160.81M |
United States