Nuveen Strategic Income Fund (FCBYX) belongs to the Multisector Bonds category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with FCBYX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to FCBYX
FCBYX charges 0.59% annually. There are 11 mutual funds in the Multisector Bonds category with lower expense ratios, going as low as 0.05%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Doubleline Selective Credit Fund | 0.05% | — | Aug 2014 | FCBYX vs DBSCX | |
| Vanguard Multi-Sector Income Bond Fund Admiral Sha... | 0.30% | — | Oct 2021 | FCBYX vs VMSAX | |
| JPMorgan Income Fund Class I | 0.40% | — | Jun 2014 | FCBYX vs JMSIX | |
| Boyd Watterson Limited Duration Enhanced Income Fu... | 0.40% | — | Jul 2016 | FCBYX vs BWDTX | |
| Mercer Opportunistic Fixed Income Fund | 0.44% | — | Aug 2013 | FCBYX vs MOFIX |
Best Risk-Adjusted Alternatives to FCBYX
FCBYX has a PortfoliosLab risk / return rank of 65. There are 22 mutual funds in the Multisector Bonds category with higher risk-adjusted ranks, going as high as 99.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Nationwide Amundi Strategic Income Fund | 99 | — | Nov 2015 | FCBYX vs NWXHX | |
| Nationwide Strategic Income A | 99 | — | Nov 2015 | FCBYX vs NWXEX | |
| Rational Special Situations Income Fund | 98 | — | Jul 2019 | FCBYX vs RFXIX | |
| Boyd Watterson Limited Duration Enhanced Income Fu... | 98 | — | Jul 2016 | FCBYX vs BWDTX | |
| Oaktree Diversified Income Fund Inc. Class D | 98 | — | Nov 2021 | FCBYX vs ODIDX |
Top Performing FCBYX Alternatives (YTD)
FCBYX is at 0.96% YTD. There are 27 mutual funds in the Multisector Bonds category with higher YTD returns, going as high as 3.37%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Saba Capital Income & Opportunities Fund | 3.37% | — | Dec 1987 | FCBYX vs BRW | |
| BrandywineGLOBAL - Flexible Bond Fund | 2.86% | — | May 2016 | FCBYX vs LFLIX | |
| Nationwide Amundi Strategic Income Fund | 2.67% | — | Nov 2015 | FCBYX vs NWXHX | |
| abrdn Income Credit Strategies Fund | 2.65% | — | Jan 2011 | FCBYX vs ACP | |
| Nationwide Strategic Income A | 2.60% | — | Nov 2015 | FCBYX vs NWXEX |
Lowest Volatility Alternatives to FCBYX
FCBYX has 2.74% 1-year volatility. There are 24 mutual funds in the Multisector Bonds category with lower 1-year volatility, going as low as 1.17%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Nationwide Amundi Strategic Income Fund | 1.17% | — | Nov 2015 | FCBYX vs NWXHX | |
| Nationwide Strategic Income A | 1.24% | — | Nov 2015 | FCBYX vs NWXEX | |
| Boyd Watterson Limited Duration Enhanced Income Fu... | 1.31% | — | Jul 2016 | FCBYX vs BWDTX | |
| Rational Special Situations Income Fund | 1.39% | — | Jul 2019 | FCBYX vs RFXIX | |
| Oaktree Diversified Income Fund Inc. Class D | 1.47% | — | Nov 2021 | FCBYX vs ODIDX |
Lowest Drawdown Alternatives to FCBYX
FCBYX has a 1-year max drawdown of -2.39%. There are 25 mutual funds in the Multisector Bonds category with shallower 1-year drawdowns, going as shallow as -0.41%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Nationwide Amundi Strategic Income Fund | -0.41% | — | Nov 2015 | FCBYX vs NWXHX | |
| Nationwide Strategic Income A | -0.43% | — | Nov 2015 | FCBYX vs NWXEX | |
| Rational Special Situations Income Fund | -0.72% | — | Jul 2019 | FCBYX vs RFXIX | |
| CrossingBridge Low Duration High Yield Fund | -0.73% | — | Jan 2018 | FCBYX vs CBLDX | |
| Boyd Watterson Limited Duration Enhanced Income Fu... | -1.00% | — | Jul 2016 | FCBYX vs BWDTX |
Other Mutual Funds from Nuveen
The 10 most viewed Nuveen mutual funds shown here include TIEIX, QQQX, TILIX and span 11 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Nuveen Equity Index Fund Class I | Large Cap Blend Equities | 58 | 10.32% | — | Jul 1999 | FCBYX vs TIEIX | |
| Nuveen Nasdaq 100 Dynamic Overwrite Fund | Derivative Income, Options Trading, Nasdaq-100, Large Cap Growth Equities, Actively Managed | 63 | 10.40% | — | Jan 2007 | FCBYX vs QQQX | |
| Nuveen Large Cap Growth Index Fund R6 Class | Large Cap Growth Equities | 10 | 0.47% | — | Oct 2002 | FCBYX vs TILIX | |
| Nuveen S&P 500 Dynamic Overwrite Fund | S&P 500 | 31 | 8.76% | — | Nov 2005 | FCBYX vs SPXX | |
| Nuveen Credit Strategies Income Fund | Bank Loan | 3 | 2.40% | — | Jun 2003 | FCBYX vs JQC | |
| Nuveen High Yield Municipal Bond Fund | High Yield Muni | 85 | 2.14% | — | Jun 1999 | FCBYX vs NHMRX | |
| Nuveen Preferred Securities & Income Fund | Preferred Stock | 69 | 0.93% | — | Dec 2006 | FCBYX vs NPSRX | |
| Nuveen Dividend Growth Fund | Large Cap Blend Equities | 27 | 5.21% | — | Mar 2006 | FCBYX vs NSBRX | |
| Nuveen Flexible Income Fund | Diversified Portfolio | 96 | 5.34% | — | Dec 2009 | FCBYX vs NWQIX | |
| Nuveen Short Duration High Yield Municipal Bond Fu... | High Yield Muni | 88 | 1.83% | — | Jan 2013 | FCBYX vs NVHIX |
Often Compared With FCBYX
Investors most often compare FCBYX with TIBDX, VVR, VMSIX. These 20 comparison targets span 9 categories, based on PortfoliosLab usage data.
Compare FCBYX with Any Fund or Stock
Compare FCBYX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair FCBYX with funds that move differently
Nuveen Strategic Income Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to FCBYX.
Explore FCBYX Diversifiers