Nuveen Floating Rate Income Fund (JFR) belongs to the High Yield Bonds category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with JFR. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to JFR
JFR charges 0.02% annually. There are 3 mutual funds in the High Yield Bonds category with lower expense ratios, going as low as 0.02%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Western Asset High Yield Opportunity Fund Inc | 0.02% | — | Jul 2010 | JFR vs HYI | |
| Western Asset Global High Income Fund Inc | 0.02% | — | Jan 2010 | JFR vs EHI | |
| Western Asset High Income Opportunity Fund Inc | 0.02% | — | Jan 2009 | JFR vs HIO | |
| First Trust High Yield Opportunities 2027 Term Fun... | 0.02% | — | Jun 2020 | JFR vs FTHY | |
| PGIM High Yield Bond Fund | 0.02% | — | Apr 2012 | JFR vs ISD |
Best Risk-Adjusted Alternatives to JFR
JFR has a PortfoliosLab risk / return rank of 5. There are 188 mutual funds in the High Yield Bonds category with higher risk-adjusted ranks, going as high as 100.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Pioneer ILS Interval Fund | 100 | — | Dec 2014 | JFR vs XILSX | |
| Cliffwater Corporate Lending Fund | 100 | — | Mar 2019 | JFR vs CCLFX | |
| RiverPark Short Term High Yield Fund | 100 | — | Sep 2010 | JFR vs RPHIX | |
| Chartwell Short Duration High Yield Fund | 97 | — | Jul 2014 | JFR vs CWFIX | |
| Penn Capital Short Duration High Income Fund | 97 | — | Jul 2017 | JFR vs PSHNX |
Top Performing JFR Alternatives (YTD)
JFR is at 4.74% YTD. There are 11 mutual funds in the High Yield Bonds category with higher YTD returns, going as high as 9.42%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Pioneer ILS Interval Fund | 9.42% | — | Dec 2014 | JFR vs XILSX | |
| Fairholme Focused Income Fund | 8.79% | — | Dec 2009 | JFR vs FOCIX | |
| RiverNorth Capital and Income Fund | 7.57% | — | — | JFR vs RSF | |
| Fidelity Capital & Income Fund | 7.46% | — | Nov 1977 | JFR vs FAGIX | |
| Fidelity Advisor High Income Advantage Fund Class ... | 6.76% | — | Oct 2018 | JFR vs FIQTX |
Lowest Volatility Alternatives to JFR
JFR has 8.54% 1-year volatility. There are 189 mutual funds in the High Yield Bonds category with lower 1-year volatility, going as low as 0.85%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Cliffwater Corporate Lending Fund | 0.85% | — | Mar 2019 | JFR vs CCLFX | |
| RiverPark Short Term High Yield Fund | 0.85% | — | Sep 2010 | JFR vs RPHIX | |
| Chartwell Short Duration High Yield Fund | 1.50% | — | Jul 2014 | JFR vs CWFIX | |
| Shenkman Capital Short Duration High Income Fund | 1.63% | — | Oct 2012 | JFR vs SCFIX | |
| Osterweis Strategic Income Fund | 1.70% | — | Aug 2002 | JFR vs OSTIX |
Lowest Drawdown Alternatives to JFR
JFR has a 1-year max drawdown of -8.62%. There are 189 mutual funds in the High Yield Bonds category with shallower 1-year drawdowns, going as shallow as -0.10%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| RiverPark Short Term High Yield Fund | -0.10% | — | Sep 2010 | JFR vs RPHIX | |
| Cliffwater Corporate Lending Fund | -0.19% | — | Mar 2019 | JFR vs CCLFX | |
| Pioneer ILS Interval Fund | -0.21% | — | Dec 2014 | JFR vs XILSX | |
| MainStay MacKay Short Duration High Yield Fund | -1.06% | — | Dec 2012 | JFR vs MDHVX | |
| Shenkman Capital Short Duration High Income Fund | -1.11% | — | Oct 2012 | JFR vs SCFIX |
Other Mutual Funds from Nuveen
The 10 most viewed Nuveen mutual funds shown here include TIEIX, QQQX, TILIX and span 11 categories.
Often Compared With JFR
Investors most often compare JFR with SDHY, DHF, FMSDX. These 20 comparison targets span 12 categories, based on PortfoliosLab usage data.
Compare JFR with Any Fund or Stock
Compare JFR with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair JFR with funds that move differently
Nuveen Floating Rate Income Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to JFR.
Explore JFR Diversifiers