π° No-load mutual funds with similar sector exposure?
3/15/2025 09:06pm
Here are some no-load mutual funds with similar sector exposure to Federated Hermes Premier Municipal Income Fund (PCOXX):
1. **Vanguard Tax-Exempt Bond Index Fund (VTMXX)**: This index fund tracks the performance of the Bloomberg Municipal Bond Index and offers exposure to a broad range of municipal bonds, including investment-grade and high-yield issues.
2. **iShares National Muni Bond ETF (MUB)**: As an exchange-traded fund, MUB provides exposure to a diversified portfolio of investment-grade municipal bonds, offering investors the flexibility to trade the fund throughout the day.
3. **T. Rowe Price National Municipal Bond Fund (PRNMX)**: This actively managed fund focuses on investing in municipal bonds with a focus on national issuers, offering a diversified portfolio with a focus on credit quality.
4. **American Funds National Municipal Fund (ANWAX)**: Part of the American Funds lineup, this fund invests primarily in municipal bonds issued by U.S. states and municipalities, with a focus on investment-grade issues.
These funds offer similar sector exposure to PCOXX, with a focus on municipal bonds and investment-grade issues. However, it's important to review the funds' prospectuses and performance history to ensure alignment with your investment objectives and risk tolerance.