Nuveen New York Quality Municipal Income Fund (NAN) 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 NAN. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to NAN
NAN charges 0.04% annually. There are 9 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 Managed Municipals Fund Inc | 0.01% | — | Jun 1992 | NAN vs MMU | |
| Western Asset SMASh Series TF Fund | 0.01% | — | Dec 2015 | NAN vs LSMSX | |
| Eaton Vance Municipal Bond Fund | 0.01% | — | Dec 1993 | NAN vs EIM | |
| NYLI MacKay DefinedTerm Muni Opportunities Fund | 0.03% | — | Jun 2012 | NAN vs MMD | |
| Nuveen Select Maturities Municipal Fund | 0.03% | — | Sep 1992 | NAN vs NIM |
Best Risk-Adjusted Alternatives to NAN
NAN has a PortfoliosLab risk / return rank of 40. There are 473 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 | NAN vs DFABX | |
| DFA Short Term Municipal Bond Portfolio | 100 | — | Aug 2002 | NAN vs DFSMX | |
| abrdn Ultra Short Municipal Income Fund | 99 | — | Dec 2002 | NAN vs ATOIX | |
| Federated Hermes Conservative Municipal Microshort... | 99 | — | Feb 2021 | NAN vs FHMIX | |
| SEI Institutional Managed Trust Tax-Free Conservat... | 99 | — | Apr 2016 | NAN vs TFCYX |
Top Performing NAN Alternatives (YTD)
NAN is at 7.58% YTD. There are 7 mutual funds in the Municipal Bonds category with higher YTD returns, going as high as 16.33%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Nuveen Massachusetts Quality Municipal Income Fund | 16.33% | — | Jan 1993 | NAN vs NMT | |
| RiverNorth Opportunistic Municipal Income Fund | 13.39% | — | — | NAN vs RMI | |
| RiverNorth Flexible Municipal Income Fund II Inc. | 11.28% | — | — | NAN vs RFMZ | |
| Nuveen Municipal Income Fund, Inc. | 11.06% | — | Apr 1998 | NAN vs NMI | |
| Nuveen New York AMT Free Quality Municipal Income | 10.21% | — | Nov 2002 | NAN vs NRK |
Lowest Volatility Alternatives to NAN
NAN has 7.18% 1-year volatility. There are 463 mutual funds in the Municipal Bonds category with lower 1-year volatility, going as low as 0.55%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| DFA Short Term Municipal Bond Portfolio | 0.55% | — | Aug 2002 | NAN vs DFSMX | |
| DFA Short-Term Selective State Municipal Bond Port... | 0.56% | — | Apr 2022 | NAN vs DFABX | |
| DFA California Short Term Municipal Bond Portfolio | 0.57% | — | Apr 2007 | NAN vs DFCMX | |
| JPMorgan Ultra-Short Municipal Fund | 0.58% | — | May 2016 | NAN vs USMSX | |
| JPMorgan Ultra-Short Municipal Fund | 0.59% | — | May 2016 | NAN vs USMTX |
Lowest Drawdown Alternatives to NAN
NAN has a 1-year max drawdown of -5.41%. There are 467 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 | NAN vs BATVX | |
| abrdn Ultra Short Municipal Income Fund | -0.10% | — | Dec 2002 | NAN vs ATOIX | |
| Federated Hermes Conservative Municipal Microshort... | -0.10% | — | Feb 2021 | NAN vs FHMIX | |
| SEI Institutional Managed Trust Tax-Free Conservat... | -0.10% | — | Apr 2016 | NAN vs TFCYX | |
| DFA Short-Term Selective State Municipal Bond Port... | -0.11% | — | Apr 2022 | NAN vs DFABX |
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 NAN
Investors most often compare NAN with NMS, NCA, NVHIX. These 8 comparison targets span 4 categories, based on PortfoliosLab usage data.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Nuveen Minnesota Quality Municipal Income Fund | Municipal Bonds | 73 | 7.12% | — | Jun 1993 | NAN vs NMS | |
| Nuveen California Municipal Value Fund | Municipal Bonds | 28 | 6.59% | — | Oct 1987 | NAN vs NCA | |
| Nuveen Short Duration High Yield Municipal Bond Fu... | High Yield Muni | 77 | 2.42% | — | Jan 2013 | NAN vs NVHIX | |
| Nuveen Arizona Quality Municipal Income Fund | Municipal Bonds | 34 | 9.68% | — | Nov 1992 | NAN vs NAZ | |
| Nuveen Equity Long/Short Fund | Long-Short | 51 | 8.13% | — | Dec 2008 | NAN vs NELIX | |
| Cavanal Hill Ultra Short Tax-Free Income Fund | Municipal Bonds | 19 | 1.00% | — | Dec 2017 | NAN vs APUSX | |
| DFA NY Municipal Bond Portfolio | Municipal Bonds | 99 | 1.29% | — | Jun 2015 | NAN vs DNYMX | |
| Nuveen Mid Cap Value Fund | Mid Cap Value Equities | 79 | 20.62% | — | Dec 1987 | NAN vs FASEX |
Compare NAN with Any Fund or Stock
Compare NAN with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair NAN with funds that move differently
Nuveen New York Quality Municipal Income Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to NAN.
Explore NAN Diversifiers