Nuveen Colorado Municipal Bond Fund (FCOTX) belongs to the Municipal Bonds category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with FCOTX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to FCOTX
FCOTX charges 0.77% annually. There are 365 mutual funds in the Municipal Bonds category with lower expense ratios, going as low as 0.01%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Western Asset SMASh Series TF Fund | 0.01% | — | Dec 2015 | FCOTX vs LSMSX | |
| Nuveen Municipal Total Return Managed Accounts | 0.05% | — | May 2007 | FCOTX vs NMTRX | |
| Federated Hermes Conservative Municipal Microshort... | 0.05% | — | Feb 2021 | FCOTX vs FHMIX | |
| Strategic Advisers Municipal Bond Fund | 0.06% | — | Jun 2021 | FCOTX vs FSMUX | |
| Fidelity Municipal Bond Index Fund | 0.07% | 0.00 | Jul 2019 | FCOTX vs FMBIX |
Best Risk-Adjusted Alternatives to FCOTX
FCOTX has a PortfoliosLab risk / return rank of 70. There are 252 mutual funds in the Municipal Bonds category with higher risk-adjusted ranks, going as high as 100.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| DFA Short-Term Selective State Municipal Bond Port... | 100 | — | Apr 2022 | FCOTX vs DFABX | |
| DFA California Short Term Municipal Bond Portfolio | 99 | — | Apr 2007 | FCOTX vs DFCMX | |
| DFA NY Municipal Bond Portfolio | 99 | — | Jun 2015 | FCOTX vs DNYMX | |
| DFA Short Term Municipal Bond Portfolio | 99 | — | Aug 2002 | FCOTX vs DFSMX | |
| JPMorgan Ultra-Short Municipal Fund | 99 | — | May 2016 | FCOTX vs USMTX |
Top Performing FCOTX Alternatives (YTD)
FCOTX is at 1.62% YTD. There are 210 mutual funds in the Municipal Bonds category with higher YTD returns, going as high as 11.50%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Nuveen Municipal Income Fund, Inc. | 11.50% | — | Apr 1998 | FCOTX vs NMI | |
| Nuveen New York AMT Free Quality Municipal Income | 7.89% | — | Nov 2002 | FCOTX vs NRK | |
| AllianceBernstein National Municipal Income Fund | 6.96% | — | Nov 2001 | FCOTX vs AFB | |
| Nuveen Virginia Quality Municipal Income Fund | 6.88% | — | Mar 1993 | FCOTX vs NPV | |
| BlackRock MuniYield Michigan Quality Fund | 5.83% | — | Oct 1992 | FCOTX vs MIY |
Lowest Volatility Alternatives to FCOTX
FCOTX has 2.77% 1-year volatility. There are 264 mutual funds in the Municipal Bonds category with lower 1-year volatility, going as low as 0.56%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| DFA Short-Term Selective State Municipal Bond Port... | 0.56% | — | Apr 2022 | FCOTX vs DFABX | |
| JPMorgan Ultra-Short Municipal Fund | 0.59% | — | May 2016 | FCOTX vs USMTX | |
| JPMorgan Ultra-Short Municipal Fund | 0.59% | — | May 2016 | FCOTX vs USMSX | |
| DFA California Short Term Municipal Bond Portfolio | 0.59% | — | Apr 2007 | FCOTX vs DFCMX | |
| DFA Short Term Municipal Bond Portfolio | 0.61% | — | Aug 2002 | FCOTX vs DFSMX |
Lowest Drawdown Alternatives to FCOTX
FCOTX has a 1-year max drawdown of -2.38%. There are 122 mutual funds in the Municipal Bonds category with shallower 1-year drawdowns, going as shallow as 0.00%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| BlackRock Allocation Target Shares | 0.00% | — | May 2021 | FCOTX vs BATVX | |
| Federated Hermes Conservative Municipal Microshort... | -0.10% | — | Feb 2021 | FCOTX vs FHMIX | |
| Cavanal Hill Ultra Short Tax-Free Income Fund | -0.10% | — | Dec 2017 | FCOTX vs APUSX | |
| abrdn Ultra Short Municipal Income Fund | -0.10% | — | Dec 2002 | FCOTX vs ATOIX | |
| SEI Institutional Managed Trust Tax-Free Conservat... | -0.10% | — | Apr 2016 | FCOTX vs TFCYX |
Other Mutual Funds from Nuveen
The 10 most viewed Nuveen mutual funds shown here include QQQX, SPXX, NHMRX and span 9 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Nuveen NASDAQ 100 Dynamic Overwrite Fund | Large Cap Growth Equities | 68 | 11.14% | — | Jan 2007 | FCOTX vs QQQX | |
| Nuveen S&P 500 Dynamic Overwrite Fund | S&P 500 | 17 | 4.21% | — | Nov 2005 | FCOTX vs SPXX | |
| Nuveen High Yield Municipal Bond Fund | High Yield Muni | 61 | 3.11% | — | Jun 1999 | FCOTX vs NHMRX | |
| Nuveen Credit Strategies Income Fund | Bank Loan | 4 | 1.57% | — | Jun 2003 | FCOTX vs JQC | |
| Nuveen Dividend Growth Fund | Large Cap Blend Equities | 15 | 2.95% | — | Mar 2006 | FCOTX vs NSBRX | |
| Nuveen Preferred Securities & Income Fund | Preferred Stock/Convertible Bonds | 75 | 0.66% | — | Dec 2006 | FCOTX vs NPSRX | |
| Nuveen Mid Cap Value Fund | Mid Cap Value Equities | 66 | 17.41% | — | Dec 1987 | FCOTX vs FASEX | |
| Nuveen Short Duration High Yield Municipal Bond Fu... | High Yield Muni | 61 | 1.93% | — | Jan 2013 | FCOTX vs NVHIX | |
| Nuveen Winslow Large-Cap Growth ESG Fund Class I | Large Cap Growth Equities, ESG | 16 | 8.35% | — | May 2009 | FCOTX vs NVLIX | |
| Nuveen Equity Long/Short Fund | Long-Short | 53 | 7.71% | — | Dec 2008 | FCOTX vs NELIX |
Often Compared With FCOTX
Investors most often compare FCOTX with HICOX, FRCOX, HYMB. These 13 comparison targets span 2 categories, based on PortfoliosLab usage data.
Compare FCOTX with Any Fund or Stock
Compare FCOTX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair FCOTX with funds that move differently
Nuveen Colorado Municipal Bond Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to FCOTX.
Explore FCOTX Diversifiers