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 39. There are 464 mutual funds in the Municipal Bonds category with higher risk-adjusted ranks, going as high as 100.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| abrdn Ultra Short Municipal Income Fund | 100 | — | Dec 2002 | NAN vs ATOIX | |
| DFA Short Term Municipal Bond Portfolio | 100 | — | Aug 2002 | NAN vs DFSMX | |
| DFA Short-Term Selective State Municipal Bond Port... | 100 | — | Apr 2022 | NAN vs DFABX | |
| 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 3.57% YTD. There are 11 mutual funds in the Municipal Bonds category with higher YTD returns, going as high as 15.79%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Nuveen Massachusetts Quality Municipal Income Fund | 15.79% | — | Jan 1993 | NAN vs NMT | |
| RiverNorth Opportunistic Municipal Income Fund | 13.89% | — | — | NAN vs RMI | |
| Nuveen Municipal Income Fund, Inc. | 11.94% | — | Apr 1998 | NAN vs NMI | |
| RiverNorth Flexible Municipal Income Fund II Inc. | 7.65% | — | — | NAN vs RFMZ | |
| BlackRock MuniYield Michigan Quality Fund | 7.21% | — | Oct 1992 | NAN vs MIY |
Lowest Volatility Alternatives to NAN
NAN has 7.30% 1-year volatility. There are 462 mutual funds in the Municipal Bonds category with lower 1-year volatility, going as low as 0.54%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| DFA Short Term Municipal Bond Portfolio | 0.54% | — | 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 | 0.59% | — | Apr 2007 | NAN vs DFCMX | |
| JPMorgan Ultra-Short Municipal Fund | 0.63% | — | May 2016 | NAN vs USMSX | |
| JPMorgan Ultra-Short Municipal Fund | 0.65% | — | May 2016 | NAN vs USMTX |
Lowest Drawdown Alternatives to NAN
NAN has a 1-year max drawdown of -5.41%. There are 464 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 | |
| SEI Institutional Managed Trust Tax-Free Conservat... | -0.10% | — | Apr 2016 | NAN vs TFCYX | |
| 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 | |
| DFA Short Term Municipal Bond Portfolio | -0.11% | — | Aug 2002 | NAN vs DFSMX |
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 | 63 | 9.70% | — | Jul 1999 | NAN vs TIEIX | |
| Nuveen Nasdaq 100 Dynamic Overwrite Fund | Derivative Income, Options Trading, Nasdaq-100, Large Cap Growth Equities, Actively Managed | 58 | 8.38% | — | Jan 2007 | NAN vs QQQX | |
| Nuveen Large Cap Growth Index Fund R6 Class | Large Cap Growth Equities | 12 | -0.33% | — | Oct 2002 | NAN vs TILIX | |
| Nuveen S&P 500 Dynamic Overwrite Fund | S&P 500 | 24 | 6.80% | — | Nov 2005 | NAN vs SPXX | |
| Nuveen Credit Strategies Income Fund | Bank Loan | 3 | 1.97% | — | Jun 2003 | NAN vs JQC | |
| Nuveen High Yield Municipal Bond Fund | High Yield Muni | 89 | 1.87% | — | Jun 1999 | NAN vs NHMRX | |
| Nuveen Preferred Securities & Income Fund | Preferred Stock | 73 | 0.35% | — | Dec 2006 | NAN vs NPSRX | |
| Nuveen Dividend Growth Fund | Large Cap Blend Equities | 30 | 5.28% | — | Mar 2006 | NAN vs NSBRX | |
| Nuveen Preferred and Income Opportunities Fund | Preferred Stock | 12 | 0.17% | — | Mar 2003 | NAN vs JPC | |
| Nuveen Flexible Income Fund | Diversified Portfolio | 96 | 4.79% | — | Dec 2009 | NAN vs NWQIX |
Often Compared With NAN
Investors most often compare NAN with NMS, NCA, NVLIX. These 10 comparison targets span 6 categories, based on PortfoliosLab usage data.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Nuveen Minnesota Quality Municipal Income Fund | Municipal Bonds | 29 | 1.20% | — | Jun 1993 | NAN vs NMS | |
| Nuveen California Municipal Value Fund | Municipal Bonds | 25 | 2.47% | — | Oct 1987 | NAN vs NCA | |
| Nuveen Winslow Large-Cap Growth ESG Fund Class I | Large Cap Growth Equities, ESG | 10 | 3.48% | — | May 2009 | NAN vs NVLIX | |
| DFA NY Municipal Bond Portfolio | Municipal Bonds | 99 | 1.21% | — | Jun 2015 | NAN vs DNYMX | |
| Nuveen New York AMT Free Quality Municipal Income | Municipal Bonds | 91 | 7.15% | — | Nov 2002 | NAN vs NRK | |
| Nuveen Short Duration High Yield Municipal Bond Fu... | High Yield Muni | 91 | 1.56% | — | Jan 2013 | NAN vs NVHIX | |
| Cavanal Hill Ultra Short Tax-Free Income Fund | Municipal Bonds | 23 | 0.90% | — | Dec 2017 | NAN vs APUSX | |
| Nuveen Arizona Quality Municipal Income Fund | Municipal Bonds | 31 | 5.59% | — | Nov 1992 | NAN vs NAZ | |
| Nuveen Equity Long/Short Fund | Long-Short | 41 | 6.38% | — | Dec 2008 | NAN vs NELIX | |
| Nuveen Mid Cap Value Fund | Mid Cap Value Equities | 84 | 19.56% | — | 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