Nuveen California Municipal Value Fund (NCA) 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 NCA. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to NCA
NCA charges 0.03% annually. There are 5 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 | NCA vs MMU | |
| Western Asset SMASh Series TF Fund | 0.01% | — | Dec 2015 | NCA vs LSMSX | |
| Eaton Vance Municipal Bond Fund | 0.01% | — | Dec 1993 | NCA vs EIM | |
| NYLI MacKay DefinedTerm Muni Opportunities Fund | 0.03% | — | Jun 2012 | NCA vs MMD | |
| Nuveen Select Maturities Municipal Fund | 0.03% | — | Sep 1992 | NCA vs NIM |
Best Risk-Adjusted Alternatives to NCA
NCA has a PortfoliosLab risk / return rank of 20. There are 481 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 | NCA vs DFABX | |
| DFA NY Municipal Bond Portfolio | 99 | — | Jun 2015 | NCA vs DNYMX | |
| DFA California Short Term Municipal Bond Portfolio | 99 | — | Apr 2007 | NCA vs DFCMX | |
| DFA Short Term Municipal Bond Portfolio | 99 | — | Aug 2002 | NCA vs DFSMX | |
| abrdn Ultra Short Municipal Income Fund | 99 | — | Dec 2002 | NCA vs ATOIX |
Top Performing NCA Alternatives (YTD)
NCA is at 4.88% YTD. There are 13 mutual funds in the Municipal Bonds category with higher YTD returns, going as high as 16.51%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Nuveen Massachusetts Quality Municipal Income Fund | 16.51% | — | Jan 1993 | NCA vs NMT | |
| Nuveen Arizona Quality Municipal Income Fund | 13.56% | — | Nov 1992 | NCA vs NAZ | |
| Nuveen Municipal Income Fund, Inc. | 11.65% | — | Apr 1998 | NCA vs NMI | |
| RiverNorth Opportunistic Municipal Income Fund | 9.92% | — | — | NCA vs RMI | |
| Nuveen Minnesota Quality Municipal Income Fund | 7.31% | — | Jun 1993 | NCA vs NMS |
Lowest Volatility Alternatives to NCA
NCA has 12.80% 1-year volatility. There are 494 mutual funds in the Municipal Bonds category with lower 1-year volatility, going as low as 0.56%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| DFA Short-Term Selective State Municipal Bond Port... | 0.56% | — | Apr 2022 | NCA vs DFABX | |
| JPMorgan Ultra-Short Municipal Fund | 0.59% | — | May 2016 | NCA vs USMSX | |
| JPMorgan Ultra-Short Municipal Fund | 0.59% | — | May 2016 | NCA vs USMTX | |
| DFA California Short Term Municipal Bond Portfolio | 0.59% | — | Apr 2007 | NCA vs DFCMX | |
| DFA Short Term Municipal Bond Portfolio | 0.61% | — | Aug 2002 | NCA vs DFSMX |
Lowest Drawdown Alternatives to NCA
NCA has a 1-year max drawdown of -7.55%. There are 486 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 | NCA vs BATVX | |
| Federated Hermes Conservative Municipal Microshort... | -0.10% | — | Feb 2021 | NCA vs FHMIX | |
| Cavanal Hill Ultra Short Tax-Free Income Fund | -0.10% | — | Dec 2017 | NCA vs APUSX | |
| abrdn Ultra Short Municipal Income Fund | -0.10% | — | Dec 2002 | NCA vs ATOIX | |
| SEI Institutional Managed Trust Tax-Free Conservat... | -0.10% | — | Apr 2016 | NCA vs TFCYX |
Other Mutual Funds from Nuveen
The 10 most viewed Nuveen mutual funds shown here include QQQX, SPXX, NHMRX and span 8 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Nuveen NASDAQ 100 Dynamic Overwrite Fund | Large Cap Growth Equities | 71 | 11.82% | — | Jan 2007 | NCA vs QQQX | |
| Nuveen S&P 500 Dynamic Overwrite Fund | S&P 500 | 16 | 3.81% | — | Nov 2005 | NCA vs SPXX | |
| Nuveen High Yield Municipal Bond Fund | High Yield Muni | 61 | 3.18% | — | Jun 1999 | NCA vs NHMRX | |
| Nuveen Credit Strategies Income Fund | Bank Loan | 4 | 0.73% | — | Jun 2003 | NCA vs JQC | |
| Nuveen Dividend Growth Fund | Large Cap Blend Equities | 18 | 3.56% | — | Mar 2006 | NCA vs NSBRX | |
| Nuveen Preferred Securities & Income Fund | Preferred Stock/Convertible Bonds | 76 | 0.72% | — | Dec 2006 | NCA vs NPSRX | |
| Nuveen Preferred and Income Opportunities Fund | Preferred Stock/Convertible Bonds | 11 | 0.12% | — | Mar 2003 | NCA vs JPC | |
| Nuveen Mid Cap Value Fund | Mid Cap Value Equities | 70 | 17.58% | — | Dec 1987 | NCA vs FASEX | |
| Nuveen Short Duration High Yield Municipal Bond Fu... | High Yield Muni | 62 | 1.93% | — | Jan 2013 | NCA vs NVHIX | |
| Nuveen Winslow Large-Cap Growth ESG Fund Class I | Large Cap Growth Equities, ESG | 19 | 9.51% | — | May 2009 | NCA vs NVLIX |
Often Compared With NCA
Investors most often compare NCA with DFCA, FCTFX, MHF. These 18 comparison targets span 3 categories, based on PortfoliosLab usage data.
Compare NCA with Any Fund or Stock
Compare NCA with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair NCA with funds that move differently
Nuveen California Municipal Value Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to NCA.
Explore NCA Diversifiers