NBB Alternatives & Similar Mutual Funds

Nuveen Taxable Municipal Income Fund (NBB) belongs to the Corporate Bonds category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with NBB. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.

Cheapest Alternatives to NBB

NBB charges 0.04% annually. There is 1 mutual fund in the Corporate Bonds category with a lower expense ratio, going as low as 0.02%.

Symbol	Name	Expense Ratio	AUM	Inception
GDO	Western Asset Global Corporate Defined Opportunity...	0.02%	—	Jan 2012	NBB vs GDO
VICBX	Vanguard Intermediate-Term Corporate Bond Index Fu...	0.05%	—	Nov 2009	NBB vs VICBX
VLCIX	Vanguard Long-Term Corporate Bond Index Fund Insti...	0.05%	—	Nov 2009	NBB vs VLCIX
VSTBX	Vanguard Short-Term Corporate Bond Index Fund Inst...	0.05%	—	Nov 2009	NBB vs VSTBX
VSCSX	Vanguard Short-Term Corporate Bond Index Fund Admi...	0.07%	50.50B	Nov 2010	NBB vs VSCSX

Best Risk-Adjusted Alternatives to NBB

NBB has a PortfoliosLab risk / return rank of 11. There are 42 mutual funds in the Corporate Bonds category with higher risk-adjusted ranks, going as high as 89.

Symbol	Name	Risk / Return Rank	AUM	Inception
MIFIX	Miller Intermediate Bond Fund	89	—	Dec 2014	NBB vs MIFIX
VSTBX	Vanguard Short-Term Corporate Bond Index Fund Inst...	77	—	Nov 2009	NBB vs VSTBX
VSCSX	Vanguard Short-Term Corporate Bond Index Fund Admi...	74	50.50B	Nov 2010	NBB vs VSCSX
JMABX	John Hancock Managed Account Shares Investment-Gra...	42	—	Jul 2019	NBB vs JMABX
LMLCX	Western Asset SMASh Series C Fund	37	—	Dec 2006	NBB vs LMLCX

Top Performing NBB Alternatives (YTD)

NBB is at 1.42% YTD. There are 2 mutual funds in the Corporate Bonds category with higher YTD returns, going as high as 4.38%.

Symbol	Name	YTD Return	AUM	Inception
MIFIX	Miller Intermediate Bond Fund	4.38%	—	Dec 2014	NBB vs MIFIX
LMLCX	Western Asset SMASh Series C Fund	2.13%	—	Dec 2006	NBB vs LMLCX
VLCIX	Vanguard Long-Term Corporate Bond Index Fund Insti...	1.03%	—	Nov 2009	NBB vs VLCIX
VLTCX	Vanguard Long-Term Corporate Bond Index Fund Admir...	1.02%	9.20B	Jan 2010	NBB vs VLTCX
ACISX	AB Corporate Income Shares	0.98%	—	Dec 2006	NBB vs ACISX

Lowest Volatility Alternatives to NBB

NBB has 9.94% 1-year volatility. There are 49 mutual funds in the Corporate Bonds category with lower 1-year volatility, going as low as 1.78%.

Symbol	Name	Volatility 1Y	AUM	Inception
VSCSX	Vanguard Short-Term Corporate Bond Index Fund Admi...	1.78%	50.50B	Nov 2010	NBB vs VSCSX
VSTBX	Vanguard Short-Term Corporate Bond Index Fund Inst...	1.78%	—	Nov 2009	NBB vs VSTBX
LKFIX	LKCM Fixed Income Fund	2.54%	—	Dec 1997	NBB vs LKFIX
IDMIX	iMGP Dolan McEniry Corporate Bond Fund	2.87%	—	Sep 2018	NBB vs IDMIX
MIFIX	Miller Intermediate Bond Fund	3.08%	—	Dec 2014	NBB vs MIFIX

Lowest Drawdown Alternatives to NBB

NBB has a 1-year max drawdown of -6.81%. There are 47 mutual funds in the Corporate Bonds category with shallower 1-year drawdowns, going as shallow as -1.31%.

Symbol	Name	Max Drawdown 1Y	AUM	Inception
VSTBX	Vanguard Short-Term Corporate Bond Index Fund Inst...	-1.31%	—	Nov 2009	NBB vs VSTBX
VSCSX	Vanguard Short-Term Corporate Bond Index Fund Admi...	-1.36%	50.50B	Nov 2010	NBB vs VSCSX
LKFIX	LKCM Fixed Income Fund	-1.76%	—	Dec 1997	NBB vs LKFIX
FIIFX	Federated Hermes Intermediate Corporate Bond Fund	-2.28%	—	Dec 1993	NBB vs FIIFX
IDMIX	iMGP Dolan McEniry Corporate Bond Fund	-2.38%	—	Sep 2018	NBB vs IDMIX

Other Mutual Funds from Nuveen

The 10 most viewed Nuveen mutual funds shown here include TIEIX, QQQX, SPXX and span 11 categories.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
TIEIX	Nuveen Equity Index Fund Class I	Large Cap Blend Equities	63	10.07%	—	Jul 1999	NBB vs TIEIX
QQQX	Nuveen Nasdaq 100 Dynamic Overwrite Fund	Derivative Income, Options Trading, Nasdaq-100, Large Cap Growth Equities, Actively Managed	50	7.43%	—	Jan 2007	NBB vs QQQX
SPXX	Nuveen S&P 500 Dynamic Overwrite Fund	S&P 500	15	3.44%	—	Nov 2005	NBB vs SPXX
NHMRX	Nuveen High Yield Municipal Bond Fund	High Yield Muni	61	3.32%	—	Jun 1999	NBB vs NHMRX
JQC	Nuveen Credit Strategies Income Fund	Bank Loan	5	2.20%	—	Jun 2003	NBB vs JQC
NSBRX	Nuveen Dividend Growth Fund	Large Cap Blend Equities	15	1.69%	—	Mar 2006	NBB vs NSBRX
JPC	Nuveen Preferred and Income Opportunities Fund	Preferred Stock/Convertible Bonds	9	0.03%	—	Mar 2003	NBB vs JPC
NPSRX	Nuveen Preferred Securities & Income Fund	Preferred Stock/Convertible Bonds	74	0.60%	—	Dec 2006	NBB vs NPSRX
NVHIX	Nuveen Short Duration High Yield Municipal Bond Fu...	High Yield Muni	65	2.04%	—	Jan 2013	NBB vs NVHIX
NVLIX	Nuveen Winslow Large-Cap Growth ESG Fund Class I	Large Cap Growth Equities, ESG	14	6.96%	—	May 2009	NBB vs NVLIX

Often Compared With NBB

Investors most often compare NBB with PAI, VBF, VICSX. These 9 comparison targets span 4 categories, based on PortfoliosLab usage data.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
PAI	Western Asset Investment Grade Income Fund Inc.	Corporate Bonds	5	-1.29%	—	Mar 1973	NBB vs PAI
VBF	Invesco Bond Fund	Corporate Bonds	6	-0.64%	—	Oct 1970	NBB vs VBF
VICSX	Vanguard Intermediate-Term Corporate Bond Index Fu...	Corporate Bonds	26	0.13%	68.70B	Mar 2010	NBB vs VICSX
NELIX	Nuveen Equity Long/Short Fund	Long-Short	60	8.59%	—	Dec 2008	NBB vs NELIX
FASEX	Nuveen Mid Cap Value Fund	Mid Cap Value Equities	82	20.50%	—	Dec 1987	NBB vs FASEX
SIDCX	SEI Institutional Investments Trust Intermediate D...	Corporate Bonds	22	0.60%	—	Mar 2015	NBB vs SIDCX
NAC	Nuveen California Quality Municipal Income Fund	Municipal Bonds	76	5.41%	—	Dec 1998	NBB vs NAC
PRPIX	T. Rowe Price Corporate Income Fund	Corporate Bonds	21	0.02%	—	Oct 1995	NBB vs PRPIX
DFTEX	DFA Intermediate-Term Extended Quality Portfolio F...	Corporate Bonds	27	0.87%	—	Jul 2010	NBB vs DFTEX

Compare NBB with Any Fund or Stock

Compare NBB with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.

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Diversifiers

Pair NBB with funds that move differently

Nuveen Taxable Municipal Income Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to NBB.

Explore NBB Diversifiers

Nuveen Taxable Municipal Income Fund (NBB) Alternatives