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 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 | |
| Western Asset High Yield Opportunity Fund Inc | 0.02% | — | Jul 2010 | JFR vs HYI | |
| PGIM High Yield Bond Fund | 0.02% | — | Apr 2012 | JFR vs ISD | |
| First Trust High Yield Opportunities 2027 Term Fun... | 0.02% | — | Jun 2020 | JFR vs FTHY |
Best Risk-Adjusted Alternatives to JFR
JFR has a PortfoliosLab risk / return rank of 8. There are 187 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 Class I Shares | 100 | — | Jun 2019 | JFR vs CCLFX | |
| RiverPark Short Term High Yield Fund | 99 | — | Sep 2010 | JFR vs RPHIX | |
| Penn Capital Short Duration High Income Fund | 97 | — | Jul 2017 | JFR vs PSHNX | |
| Chartwell Short Duration High Yield Fund | 97 | — | Jul 2014 | JFR vs CWFIX |
Top Performing JFR Alternatives (YTD)
JFR is at 6.22% YTD. There are 3 mutual funds in the High Yield Bonds category with higher YTD returns, going as high as 10.56%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Pioneer ILS Interval Fund | 10.56% | — | Dec 2014 | JFR vs XILSX | |
| Fairholme Focused Income Fund | 10.04% | — | Dec 2009 | JFR vs FOCIX | |
| RiverNorth Capital and Income Fund | 8.00% | — | — | JFR vs RSF | |
| Fidelity Capital & Income Fund | 5.94% | — | Nov 1977 | JFR vs FAGIX | |
| Fidelity Advisor High Income Advantage Fund Class ... | 5.45% | — | Oct 2018 | JFR vs FIQTX |
Lowest Volatility Alternatives to JFR
JFR has 8.64% 1-year volatility. There are 193 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 Class I Shares | 0.85% | — | Jun 2019 | JFR vs CCLFX | |
| RiverPark Short Term High Yield Fund | 0.86% | — | Sep 2010 | JFR vs RPHIX | |
| Chartwell Short Duration High Yield Fund | 1.51% | — | Jul 2014 | JFR vs CWFIX | |
| Shenkman Capital Short Duration High Income Fund | 1.69% | — | Oct 2012 | JFR vs SCFIX | |
| Osterweis Strategic Income Fund | 1.77% | — | Aug 2002 | JFR vs OSTIX |
Lowest Drawdown Alternatives to JFR
JFR has a 1-year max drawdown of -8.62%. There are 192 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 | |
|---|---|---|---|---|---|
| Pioneer ILS Interval Fund | -0.10% | — | Dec 2014 | JFR vs XILSX | |
| Cliffwater Corporate Lending Fund Class I Shares | -0.19% | — | Jun 2019 | JFR vs CCLFX | |
| RiverPark Short Term High Yield Fund | -0.21% | — | Sep 2010 | JFR vs RPHIX | |
| 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.
| 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 | JFR 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 | JFR vs QQQX | |
| Nuveen Large Cap Growth Index Fund R6 Class | Large Cap Growth Equities | 10 | 0.47% | — | Oct 2002 | JFR vs TILIX | |
| Nuveen S&P 500 Dynamic Overwrite Fund | S&P 500 | 31 | 8.76% | — | Nov 2005 | JFR vs SPXX | |
| Nuveen Credit Strategies Income Fund | Bank Loan | 3 | 2.40% | — | Jun 2003 | JFR vs JQC | |
| Nuveen High Yield Municipal Bond Fund | High Yield Muni | 85 | 2.14% | — | Jun 1999 | JFR vs NHMRX | |
| Nuveen Preferred Securities & Income Fund | Preferred Stock | 69 | 0.93% | — | Dec 2006 | JFR vs NPSRX | |
| Nuveen Dividend Growth Fund | Large Cap Blend Equities | 27 | 5.21% | — | Mar 2006 | JFR vs NSBRX | |
| Nuveen Preferred and Income Opportunities Fund | Preferred Stock | 13 | 1.09% | — | Mar 2003 | JFR vs JPC | |
| Nuveen Flexible Income Fund | Diversified Portfolio | 96 | 5.34% | — | Dec 2009 | JFR vs NWQIX |
Often Compared With JFR
Investors most often compare JFR with SDHY, DHF, NVLIX. These 20 comparison targets span 16 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