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
VSTBX	Vanguard Short-Term Corporate Bond Index Fund Inst...	0.05%	—	Nov 2009	NBB vs VSTBX
VLCIX	Vanguard Long-Term Corporate Bond Index Fund Insti...	0.05%	—	Nov 2009	NBB vs VLCIX
VICBX	Vanguard Intermediate-Term Corporate Bond Index Fu...	0.05%	—	Nov 2009	NBB vs VICBX
VICSX	Vanguard Intermediate-Term Corporate Bond Index Fu...	0.07%	68.70B	Mar 2010	NBB vs VICSX

Best Risk-Adjusted Alternatives to NBB

NBB has a PortfoliosLab risk / return rank of 12. There are 42 mutual funds in the Corporate Bonds category with higher risk-adjusted ranks, going as high as 94.

Symbol	Name	Risk / Return Rank	AUM	Inception
MIFIX	Miller Intermediate Bond Fund	94	—	Dec 2014	NBB vs MIFIX
VSTBX	Vanguard Short-Term Corporate Bond Index Fund Inst...	87	—	Nov 2009	NBB vs VSTBX
VSCSX	Vanguard Short-Term Corporate Bond Index Fund Admi...	86	50.50B	Nov 2010	NBB vs VSCSX
JMABX	John Hancock Managed Account Shares Investment-Gra...	46	—	Jul 2019	NBB vs JMABX
IDMIX	iMGP Dolan McEniry Corporate Bond Fund	39	—	Sep 2018	NBB vs IDMIX

Top Performing NBB Alternatives (YTD)

NBB is at 1.92% YTD. There is 1 mutual fund in the Corporate Bonds category with a higher YTD return, going as high as 5.60%.

Symbol	Name	YTD Return	AUM	Inception
MIFIX	Miller Intermediate Bond Fund	5.60%	—	Dec 2014	NBB vs MIFIX
VSTBX	Vanguard Short-Term Corporate Bond Index Fund Inst...	0.99%	—	Nov 2009	NBB vs VSTBX
VSCSX	Vanguard Short-Term Corporate Bond Index Fund Admi...	0.93%	50.50B	Nov 2010	NBB vs VSCSX
SMARX	Brandes Separately Managed Account Reserve Trust	0.78%	—	Oct 2005	NBB vs SMARX
LMLCX	Western Asset SMASh Series C Fund	0.71%	—	Dec 2006	NBB vs LMLCX

Lowest Volatility Alternatives to NBB

NBB has 9.74% 1-year volatility. There are 49 mutual funds in the Corporate Bonds category with lower 1-year volatility, going as low as 1.79%.

Symbol	Name	Volatility 1Y	AUM	Inception
VSCSX	Vanguard Short-Term Corporate Bond Index Fund Admi...	1.79%	50.50B	Nov 2010	NBB vs VSCSX
VSTBX	Vanguard Short-Term Corporate Bond Index Fund Inst...	1.79%	—	Nov 2009	NBB vs VSTBX
LKFIX	LKCM Fixed Income Fund	2.53%	—	Dec 1997	NBB vs LKFIX
IDMIX	iMGP Dolan McEniry Corporate Bond Fund	2.79%	—	Sep 2018	NBB vs IDMIX
FIIFX	Federated Hermes Intermediate Corporate Bond Fund	3.05%	—	Dec 1993	NBB vs FIIFX

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, TILIX and span 10 categories.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
TIEIX	Nuveen Equity Index Fund Class I	Large Cap Blend Equities	68	11.58%	—	Jul 1999	NBB vs TIEIX
QQQX	Nuveen Nasdaq 100 Dynamic Overwrite Fund	Derivative Income, Options Trading, Nasdaq-100, Large Cap Growth Equities, Actively Managed	66	11.43%	—	Jan 2007	NBB vs QQQX
TILIX	Nuveen Large Cap Growth Index Fund R6 Class	Large Cap Growth Equities	17	4.92%	—	Oct 2002	NBB vs TILIX
SPXX	Nuveen S&P 500 Dynamic Overwrite Fund	S&P 500	23	8.47%	—	Nov 2005	NBB vs SPXX
NHMRX	Nuveen High Yield Municipal Bond Fund	High Yield Muni	89	3.66%	—	Jun 1999	NBB vs NHMRX
JQC	Nuveen Credit Strategies Income Fund	Bank Loan	3	2.40%	—	Jun 2003	NBB vs JQC
NSBRX	Nuveen Dividend Growth Fund	Large Cap Blend Equities	19	4.12%	—	Mar 2006	NBB vs NSBRX
NPSRX	Nuveen Preferred Securities & Income Fund	Preferred Stock/Convertible Bonds	75	1.04%	—	Dec 2006	NBB vs NPSRX
JPC	Nuveen Preferred and Income Opportunities Fund	Preferred Stock/Convertible Bonds	11	2.00%	—	Mar 2003	NBB vs JPC
NVHIX	Nuveen Short Duration High Yield Municipal Bond Fu...	High Yield Muni	89	2.32%	—	Jan 2013	NBB vs NVHIX

Often Compared With NBB

Investors most often compare NBB with PAI, VBF, NELIX. These 13 comparison targets span 8 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	3	-1.19%	—	Mar 1973	NBB vs PAI
VBF	Invesco Bond Fund	Corporate Bonds	7	-0.53%	—	Oct 1970	NBB vs VBF
NELIX	Nuveen Equity Long/Short Fund	Long-Short	47	7.84%	—	Dec 2008	NBB vs NELIX
FASEX	Nuveen Mid Cap Value Fund	Mid Cap Value Equities	84	20.45%	—	Dec 1987	NBB vs FASEX
NVLIX	Nuveen Winslow Large-Cap Growth ESG Fund Class I	Large Cap Growth Equities, ESG	12	7.90%	—	May 2009	NBB vs NVLIX
NAC	Nuveen California Quality Municipal Income Fund	Municipal Bonds	85	5.93%	—	Dec 1998	NBB vs NAC
VLTCX	Vanguard Long-Term Corporate Bond Index Fund Admir...	Corporate Bonds	11	-0.59%	9.20B	Jan 2010	NBB vs VLTCX
PRPIX	T. Rowe Price Corporate Income Fund	Corporate Bonds	27	0.05%	—	Oct 1995	NBB vs PRPIX
SIDCX	SEI Institutional Investments Trust Intermediate D...	Corporate Bonds	21	-0.04%	—	Mar 2015	NBB vs SIDCX
DFTEX	DFA Intermediate-Term Extended Quality Portfolio F...	Corporate Bonds	30	0.54%	—	Jul 2010	NBB vs DFTEX
ACISX	AB Corporate Income Shares	Corporate Bonds	30	0.38%	—	Dec 2006	NBB vs ACISX
BAB	Invesco Taxable Municipal Bond ETF	Municipal Bonds	36	0.16%	1.04B	Nov 2009	NBB vs BAB
TLT	iShares 20+ Year Treasury Bond ETF	Government Bonds, Long-Term Bond	15	-1.19%	42.18B	Jul 2002	NBB vs TLT

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