FCBYX Alternatives & Similar Mutual Funds

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
DBSCX	Doubleline Selective Credit Fund	0.05%	—	Aug 2014	FCBYX vs DBSCX
VMSAX	Vanguard Multi-Sector Income Bond Fund Admiral Sha...	0.30%	—	Oct 2021	FCBYX vs VMSAX
JMSIX	JPMorgan Income Fund	0.40%	—	Jun 2014	FCBYX vs JMSIX
BWDTX	Boyd Watterson Limited Duration Enhanced Income Fu...	0.40%	—	Jul 2016	FCBYX vs BWDTX
MOFIX	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 70. There are 23 mutual funds in the Multisector Bonds category with higher risk-adjusted ranks, going as high as 99.

Symbol	Name	Risk / Return Rank	AUM	Inception
NWXHX	Nationwide Amundi Strategic Income Fund	99	—	Nov 2015	FCBYX vs NWXHX
NWXEX	Nationwide Strategic Income A	99	—	Nov 2015	FCBYX vs NWXEX
BWDTX	Boyd Watterson Limited Duration Enhanced Income Fu...	98	—	Jul 2016	FCBYX vs BWDTX
RFXIX	Rational Special Situations Income Fund	98	—	Jul 2019	FCBYX vs RFXIX
CBLDX	CrossingBridge Low Duration High Yield Fund	97	—	Jan 2018	FCBYX vs CBLDX

Top Performing FCBYX Alternatives (YTD)

FCBYX is at 0.96% YTD. There are 44 mutual funds in the Multisector Bonds category with higher YTD returns, going as high as 3.16%.

Symbol	Name	YTD Return	AUM	Inception
ACP	abrdn Income Credit Strategies Fund	3.16%	—	Jan 2011	FCBYX vs ACP
LFLIX	BrandywineGLOBAL - Flexible Bond Fund	2.93%	—	May 2016	FCBYX vs LFLIX
NWXHX	Nationwide Amundi Strategic Income Fund	2.37%	—	Nov 2015	FCBYX vs NWXHX
ETSIX	Eaton Vance Strategic Income Fund Class I	2.34%	—	Jan 1998	FCBYX vs ETSIX
ESIIX	Eaton Vance Strategic Income Fund Class I	2.33%	—	Apr 2009	FCBYX vs ESIIX

Lowest Volatility Alternatives to FCBYX

FCBYX has 2.81% 1-year volatility. There are 27 mutual funds in the Multisector Bonds category with lower 1-year volatility, going as low as 1.18%.

Symbol	Name	Volatility 1Y	AUM	Inception
NWXHX	Nationwide Amundi Strategic Income Fund	1.18%	—	Nov 2015	FCBYX vs NWXHX
NWXEX	Nationwide Strategic Income A	1.22%	—	Nov 2015	FCBYX vs NWXEX
BWDTX	Boyd Watterson Limited Duration Enhanced Income Fu...	1.31%	—	Jul 2016	FCBYX vs BWDTX
CBLDX	CrossingBridge Low Duration High Yield Fund	1.40%	—	Jan 2018	FCBYX vs CBLDX
RFXIX	Rational Special Situations Income Fund	1.40%	—	Jul 2019	FCBYX vs RFXIX

Lowest Drawdown Alternatives to FCBYX

FCBYX has a 1-year max drawdown of -2.39%. There are 24 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
NWXHX	Nationwide Amundi Strategic Income Fund	-0.41%	—	Nov 2015	FCBYX vs NWXHX
NWXEX	Nationwide Strategic Income A	-0.43%	—	Nov 2015	FCBYX vs NWXEX
RFXIX	Rational Special Situations Income Fund	-0.72%	—	Jul 2019	FCBYX vs RFXIX
CBLDX	CrossingBridge Low Duration High Yield Fund	-0.73%	—	Jan 2018	FCBYX vs CBLDX
BWDTX	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, SPXX and span 12 categories.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
TIEIX	Nuveen Equity Index Fund Class I	Large Cap Blend Equities	51	8.62%	—	Jul 1999	FCBYX vs TIEIX
QQQX	Nuveen Nasdaq 100 Dynamic Overwrite Fund	Derivative Income, Options Trading, Nasdaq-100, Large Cap Growth Equities, Actively Managed	37	5.00%	—	Jan 2007	FCBYX vs QQQX
SPXX	Nuveen S&P 500 Dynamic Overwrite Fund	S&P 500	16	3.96%	—	Nov 2005	FCBYX vs SPXX
NHMRX	Nuveen High Yield Municipal Bond Fund	High Yield Muni	61	3.32%	—	Jun 1999	FCBYX vs NHMRX
JQC	Nuveen Credit Strategies Income Fund	Bank Loan	5	2.62%	—	Jun 2003	FCBYX vs JQC
NSBRX	Nuveen Dividend Growth Fund	Large Cap Blend Equities	12	0.93%	—	Mar 2006	FCBYX vs NSBRX
NPSRX	Nuveen Preferred Securities & Income Fund	Preferred Stock/Convertible Bonds	73	0.53%	—	Dec 2006	FCBYX vs NPSRX
NVHIX	Nuveen Short Duration High Yield Municipal Bond Fu...	High Yield Muni	65	1.93%	—	Jan 2013	FCBYX vs NVHIX
NVLIX	Nuveen Winslow Large-Cap Growth ESG Fund Class I	Large Cap Growth Equities, ESG	10	4.33%	—	May 2009	FCBYX vs NVLIX
FASEX	Nuveen Mid Cap Value Fund	Mid Cap Value Equities	79	19.98%	—	Dec 1987	FCBYX vs FASEX

Often Compared With FCBYX

Investors most often compare FCBYX with TIBDX, VVR, PONPX. These 20 comparison targets span 5 categories, based on PortfoliosLab usage data.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
TIBDX	TIAA-CREF Core Bond Fund	Intermediate Core-Plus Bond	25	0.45%	—	Jul 1999	FCBYX vs TIBDX
VVR	Invesco Senior Income Trust		21	-1.56%	—	—	FCBYX vs VVR
PONPX	PIMCO Income Fund Class I-2	Total Bond Market	40	0.77%	—	—	FCBYX vs PONPX
VMSIX	Vanguard Multi-Sector Income Bond Inv	Multisector Bonds	77	1.14%	—	Oct 2021	FCBYX vs VMSIX
PONAX	PIMCO Income Fund Class A	Multisector Bonds	37	0.64%	—	Apr 2007	FCBYX vs PONAX
VFIDX	Vanguard Intermediate-Term Investment-Grade Fund A...	Total Bond Market	23	-0.03%	39.00B	Feb 2001	FCBYX vs VFIDX
BND	Vanguard Total Bond Market ETF	Total Bond Market	35	0.94%	394.40B	Apr 2007	FCBYX vs BND
PYLD	PIMCO Multisector Bond Active Exchange-Traded Fund	Multisector Bonds	69	1.60%	13.69B	Jun 2023	FCBYX vs PYLD
ICMUX	Intrepid Income Fund	Multisector Bonds	97	2.09%	—	Jul 2007	FCBYX vs ICMUX
NELIX	Nuveen Equity Long/Short Fund	Long-Short	50	7.25%	—	Dec 2008	FCBYX vs NELIX
CRMVX	Potomac Managed Volatility Fund	Multisector Bonds	53	1.91%	—	Jun 2020	FCBYX vs CRMVX
BRW	Saba Capital Income & Opportunities Fund	Multisector Bonds	2	1.14%	—	Dec 1987	FCBYX vs BRW
MZLSX	Muzinich Low Duration Fund	Multisector Bonds	91	1.54%	—	Jun 2016	FCBYX vs MZLSX
ANGLX	Angel Oak Multi-Strategy Income Fund	Multisector Bonds	94	1.85%	—	Jun 2011	FCBYX vs ANGLX
AXSIX	Axonic Strategic Income Fund	Multisector Bonds	89	1.83%	—	Dec 2019	FCBYX vs AXSIX
CBRDX	CrossingBridge Responsible Credit Fund	Multisector Bonds	55	0.27%	—	Jun 2021	FCBYX vs CBRDX
RPSIX	T. Rowe Price Spectrum Income Fund	Multisector Bonds	83	1.09%	—	Jun 1990	FCBYX vs RPSIX
PIMIX	PIMCO Income Fund Institutional Class	Multisector Bonds	40	0.81%	—	Mar 2007	FCBYX vs PIMIX
FARCX	Nuveen Real Estate Securities Fund	REIT	29	16.10%	—	Jun 1995	FCBYX vs FARCX
JSVIX	Easterly Income Opportunities Fund	Multisector Bonds	77	0.48%	—	Aug 2018	FCBYX vs JSVIX

Compare FCBYX with Any Fund or Stock

Compare FCBYX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.

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Diversifiers

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

Nuveen Strategic Income Fund (FCBYX) Alternatives