Nuveen California Quality Municipal Income Fund (NAC) Alternatives
Nuveen California Quality Municipal Income Fund (NAC) 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 NAC. Use the tables to find lower-cost options, better risk-adjusted returns, or funds that fit a different role in your portfolio.
Cheapest Alternatives to NAC
NAC charges 0.04% annually. Among mutual funds in the Municipal Bonds category, these options have the lowest expense ratios among NAC alternatives.
| Symbol | Name | Expense Ratio | Inception | |
|---|---|---|---|---|
| Western Asset Managed Municipals Fund Inc | 0.01% | Jun 26, 1992 | NAC vs MMU | |
| Western Asset SMASh Series TF Fund | 0.01% | Dec 22, 2015 | NAC vs LSMSX | |
| Eaton Vance Municipal Bond Fund | 0.01% | Dec 3, 1993 | NAC vs EIM | |
| Nuveen Select Maturities Municipal Fund | 0.03% | Sep 18, 1992 | NAC vs NIM | |
| NYLI MacKay DefinedTerm Muni Opportunities Fund | 0.03% | Jun 26, 2012 | NAC vs MMD |
Best Risk-Adjusted Alternatives to NAC
Among mutual funds in the Municipal Bonds category, these options rank highest on PortfoliosLab's risk-adjusted score, which accounts for volatility, drawdown, and return consistency over a 1-year period.
| Symbol | Name | Risk / Return Rank | Inception | |
|---|---|---|---|---|
| abrdn Ultra Short Municipal Income Fund | 100 | Dec 4, 2002 | NAC vs ATOIX | |
| SEI Institutional Managed Trust Tax-Free Conservat... | 99 | Apr 21, 2016 | NAC vs TFCYX | |
| Cavanal Hill Ultra Short Tax-Free Income Fund | 99 | Dec 25, 2017 | NAC vs APUSX | |
| Federated Hermes Conservative Municipal Microshort... | 99 | Feb 2, 2021 | NAC vs FHMIX | |
| JPMorgan Ultra-Short Municipal Fund | 99 | May 30, 2016 | NAC vs USMTX |
Top Performing NAC Alternatives (YTD)
NAC alternatives from the Municipal Bonds category, sorted by year-to-date return.
| Symbol | Name | YTD Return | Inception | |
|---|---|---|---|---|
| Nuveen Massachusetts Quality Municipal Income Fund | 10.44% | Jan 12, 1993 | NAC vs NMT | |
| RiverNorth Opportunistic Municipal Income Fund | 7.10% | — | NAC vs RMI | |
| Nuveen Municipal Income Fund, Inc. | 6.43% | Apr 20, 1998 | NAC vs NMI | |
| Nuveen California Municipal Value Fund | 5.80% | Oct 7, 1987 | NAC vs NCA | |
| Nuveen Minnesota Quality Municipal Income Fund | 5.76% | Jun 25, 1993 | NAC vs NMS |
Lowest Volatility Alternatives to NAC
NAC alternatives from the Municipal Bonds category, sorted by annualized volatility over the past year.
| Symbol | Name | Volatility 1Y | Inception | |
|---|---|---|---|---|
| DFA Short Term Municipal Bond Portfolio | 0.68% | Aug 19, 2002 | NAC vs DFSMX | |
| JPMorgan Ultra-Short Municipal Fund | 0.69% | May 31, 2016 | NAC vs USMSX | |
| JPMorgan Ultra-Short Municipal Fund | 0.70% | May 30, 2016 | NAC vs USMTX | |
| DFA Short-Term Selective State Municipal Bond Port... | 0.71% | Apr 11, 2022 | NAC vs DFABX | |
| BlackRock Allocation Target Shares | 0.76% | May 20, 2021 | NAC vs BATVX |
Lowest Drawdown Alternatives to NAC
NAC alternatives from the Municipal Bonds category, sorted by maximum drawdown over the past year.
| Symbol | Name | Max Drawdown 1Y | Inception | |
|---|---|---|---|---|
| BlackRock Allocation Target Shares | 0.00% | May 20, 2021 | NAC vs BATVX | |
| abrdn Ultra Short Municipal Income Fund | -0.10% | Dec 4, 2002 | NAC vs ATOIX | |
| SEI Institutional Managed Trust Tax-Free Conservat... | -0.10% | Apr 21, 2016 | NAC vs TFCYX | |
| Cavanal Hill Ultra Short Tax-Free Income Fund | -0.20% | Dec 25, 2017 | NAC vs APUSX | |
| Federated Hermes Conservative Municipal Microshort... | -0.20% | Feb 2, 2021 | NAC vs FHMIX |
Other Mutual Funds from Nuveen
Most popular Nuveen mutual funds on PortfoliosLab, across asset classes.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | Inception | |
|---|---|---|---|---|---|---|
| Nuveen NASDAQ 100 Dynamic Overwrite Fund | Large Cap Growth Equities | 71 | -4.39% | Jan 30, 2007 | NAC vs QQQX | |
| Nuveen S&P 500 Dynamic Overwrite Fund | S&P 500 | 9 | -9.14% | Nov 23, 2005 | NAC vs SPXX | |
| Nuveen Credit Strategies Income Fund | Bank Loan | 9 | 0.13% | Jun 26, 2003 | NAC vs JQC | |
| Nuveen Dividend Growth Fund | Large Cap Blend Equities | 23 | -4.17% | Mar 28, 2006 | NAC vs NSBRX | |
| Nuveen High Yield Municipal Bond Fund | High Yield Muni | 15 | -0.75% | Jun 6, 1999 | NAC vs NHMRX | |
| Nuveen Mid Cap Value Fund | Mid Cap Value Equities | 49 | 2.64% | Dec 22, 1987 | NAC vs FASEX | |
| Nuveen Short Duration High Yield Municipal Bond Fu... | High Yield Muni | 28 | -0.04% | Jan 31, 2013 | NAC vs NVHIX | |
| Nuveen Winslow Large-Cap Growth ESG Fund Class I | Large Cap Growth Equities, ESG | 11 | -14.74% | May 15, 2009 | NAC vs NVLIX | |
| Nuveen Equity Long/Short Fund | Long-Short | 47 | -4.35% | Dec 29, 2008 | NAC vs NELIX | |
| Nuveen Preferred Securities & Income Fund | Preferred Stock/Convertible Bonds | 90 | -1.95% | Dec 18, 2006 | NAC vs NPSRX |
Often Compared With NAC
What investors most often compare with NAC, based on PortfoliosLab usage data.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | Inception | |
|---|---|---|---|---|---|---|
| LMP Capital and Income Fund Inc. | Diversified Portfolio | 11 | 3.21% | — | NAC vs SCD | |
| Nuveen Arizona Quality Municipal Income Fund | Municipal Bonds | 25 | 2.58% | Nov 19, 1992 | NAC vs NAZ | |
| Vanguard S&P 500 ETF | S&P 500 | 65 | -4.42% | Sep 7, 2010 | NAC vs VOO | |
| Nuveen Virginia Quality Municipal Income Fund | Municipal Bonds | 8 | 4.12% | Mar 18, 1993 | NAC vs NPV |
Compare NAC with Any Fund or Stock
Compare NAC with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.