NBB's Sortino Ratio of 0.99 indicates that for each unit of downside volatility, it generates 0.99 units of excess return. The ratio is calculated using historical daily returns over the past 12 months (as of Jul 11, 2026).
Unlike other measures, Sortino only focuses on downside volatility (losses), making it particularly useful for investors more concerned about protecting against drawdowns than overall price swings.
NBB Sortino Ratio Rank
NBB ranks above 11.5% of all investments in our database based on Sortino Ratio over the past 12 months, indicating weak returns relative to downside risk taken. Securities are ranked from 0 (worst) to 100 (best).
What moves the rank
- Strong returns with minimal downside volatility → Higher rank
- Severe or frequent drawdowns → Lower rank
- Upside volatility → No impact (Sortino doesn't penalize upside swings)
What you can do with this information
- Weak downside-adjusted returns relative to category peers
- Evaluate whether this holding aligns with your risk-return objectives
- Consider reducing exposure or implementing downside hedges
- Review higher-ranked alternatives in the same category
NBB Sortino Ratio Market Positioning
The chart shows NBB's Sortino Ratio relative to all mutual funds on our platform, with color zones indicating percentile rankings. Higher ratios indicate better downside-adjusted returns.
- Red zone (bottom 25%): 1.56 or lower
- Yellow zone (middle 50%): 1.56 to 2.78
- Green zone (top 25%): 2.78 or higher
- Top 1%: 8.88+
- Median: 2.27 — half of all investments score higher
How it compares to other similar mutual funds
The table compares Nuveen Taxable Municipal Income Fund's Sortino Ratio with other mutual funds in the Corporate Bonds category across multiple time periods, showing how NBB's risk-adjusted performance compares to similar funds.
Data shows 1-, 5-, and 10-year periods, plus each fund's all-time average, as of Jul 11, 2026.
| Symbol | Name | 1Y Sortino Ratio | 5Y Sortino Ratio | 10Y Sortino Ratio | All Time Sortino Ratio |
|---|---|---|---|---|---|
| MIFIX | Miller Intermediate Bond Fund | 5.01 | |||
| VSTBX | Vanguard Short-Term Corporate Bond Index Fund Institutional Shares | 3.38 | |||
| VSCSX | Vanguard Short-Term Corporate Bond Index Fund Admiral Shares | 3.32 | |||
| JMABX | John Hancock Managed Account Shares Investment-Grade Corporate Bond Portfolio | 2.24 | |||
| IDMIX | iMGP Dolan McEniry Corporate Bond Fund | 2.00 | |||
| FIIFX | Federated Hermes Intermediate Corporate Bond Fund | 1.95 | |||
| LKFIX | LKCM Fixed Income Fund | 1.89 | |||
| CFICX | Calvert Income Fund | 1.81 | |||
| SMARX | Brandes Separately Managed Account Reserve Trust | 1.69 | |||
| ACISX | AB Corporate Income Shares | 1.68 | |||
| NBB | Nuveen Taxable Municipal Income Fund | 0.99 |
Historical Sortino Ratio
The chart shows NBB's rolling Sortino ratio over time compared to your chosen benchmark. Rising trends indicate improving returns relative to downside risk, while declining trends may signal deteriorating risk-adjusted performance or increased volatility during market stress. Use multiple timeframes to distinguish short-term fluctuations from long-term patterns.
Identify market cycles by observing when NBB consistently outperforms (line above benchmark), underperforms (below benchmark), or aligns with the benchmark.
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