NCOIX Alternatives & Similar Mutual Funds

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

Cheapest Alternatives to NCOIX

NCOIX charges 0.74% annually. There are 68 mutual funds in the High Yield Bonds category with lower expense ratios, going as low as 0.02%.

Symbol	Name	Expense Ratio	AUM	Inception
FHYSX	Federated Hermes High-Yield Strategy Portfolio	0.02%	—	Dec 2008	NCOIX vs FHYSX
VWEAX	Vanguard High-Yield Corporate Fund Admiral Shares	0.12%	25.80B	Nov 2001	NCOIX vs VWEAX
PIAMX	PIA High Yield (MACS) Fund	0.20%	—	Dec 2017	NCOIX vs PIAMX
VWEHX	Vanguard High-Yield Corporate Fund Investor Shares	0.22%	25.80B	Dec 1978	NCOIX vs VWEHX
CRDOX	Six Circles Credit Opportunities Fund	0.29%	—	Nov 2020	NCOIX vs CRDOX

Best Risk-Adjusted Alternatives to NCOIX

NCOIX has a PortfoliosLab risk / return rank of 93. There are 21 mutual funds in the High Yield Bonds category with higher risk-adjusted ranks, going as high as 100.

Symbol	Name	Risk / Return Rank	AUM	Inception
XILSX	Pioneer ILS Interval Fund	100	—	Dec 2014	NCOIX vs XILSX
CCLFX	Cliffwater Corporate Lending Fund	100	—	Mar 2019	NCOIX vs CCLFX
RPHIX	RiverPark Short Term High Yield Fund	100	—	Sep 2010	NCOIX vs RPHIX
CWFIX	Chartwell Short Duration High Yield Fund	97	—	Jul 2014	NCOIX vs CWFIX
PSHNX	Penn Capital Short Duration High Income Fund	97	—	Jul 2017	NCOIX vs PSHNX

Top Performing NCOIX Alternatives (YTD)

NCOIX is at 2.80% YTD. There are 31 mutual funds in the High Yield Bonds category with higher YTD returns, going as high as 9.42%.

Symbol	Name	YTD Return	AUM	Inception
XILSX	Pioneer ILS Interval Fund	9.42%	—	Dec 2014	NCOIX vs XILSX
FOCIX	Fairholme Focused Income Fund	8.44%	—	Dec 2009	NCOIX vs FOCIX
FAGIX	Fidelity Capital & Income Fund	7.17%	—	Nov 1977	NCOIX vs FAGIX
FIQTX	Fidelity Advisor High Income Advantage Fund Class ...	6.58%	—	Oct 2018	NCOIX vs FIQTX
FAHCX	Fidelity Advisor High Income Advantage Fund Class ...	6.53%	—	Jul 1995	NCOIX vs FAHCX

Lowest Volatility Alternatives to NCOIX

NCOIX has 3.45% 1-year volatility. There are 129 mutual funds in the High Yield Bonds category with lower 1-year volatility, going as low as 0.84%.

Symbol	Name	Volatility 1Y	AUM	Inception
RPHIX	RiverPark Short Term High Yield Fund	0.84%	—	Sep 2010	NCOIX vs RPHIX
CCLFX	Cliffwater Corporate Lending Fund	0.85%	—	Mar 2019	NCOIX vs CCLFX
CWFIX	Chartwell Short Duration High Yield Fund	1.49%	—	Jul 2014	NCOIX vs CWFIX
SCFIX	Shenkman Capital Short Duration High Income Fund	1.63%	—	Oct 2012	NCOIX vs SCFIX
OSTIX	Osterweis Strategic Income Fund	1.69%	—	Aug 2002	NCOIX vs OSTIX

Lowest Drawdown Alternatives to NCOIX

NCOIX has a 1-year max drawdown of -2.29%. There are 69 mutual funds in the High Yield Bonds category with shallower 1-year drawdowns, going as shallow as -0.10%.

Symbol	Name	Max Drawdown 1Y	AUM	Inception
RPHIX	RiverPark Short Term High Yield Fund	-0.10%	—	Sep 2010	NCOIX vs RPHIX
CCLFX	Cliffwater Corporate Lending Fund	-0.19%	—	Mar 2019	NCOIX vs CCLFX
XILSX	Pioneer ILS Interval Fund	-0.21%	—	Dec 2014	NCOIX vs XILSX
MDHVX	MainStay MacKay Short Duration High Yield Fund	-1.06%	—	Dec 2012	NCOIX vs MDHVX
SCFIX	Shenkman Capital Short Duration High Income Fund	-1.11%	—	Oct 2012	NCOIX vs SCFIX

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
TIEIX	Nuveen Equity Index Fund Class I	Large Cap Blend Equities	68	11.58%	—	Jul 1999	NCOIX 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	NCOIX vs QQQX
TILIX	Nuveen Large Cap Growth Index Fund R6 Class	Large Cap Growth Equities	17	4.92%	—	Oct 2002	NCOIX vs TILIX
SPXX	Nuveen S&P 500 Dynamic Overwrite Fund	S&P 500	23	8.47%	—	Nov 2005	NCOIX vs SPXX
NHMRX	Nuveen High Yield Municipal Bond Fund	High Yield Muni	89	3.66%	—	Jun 1999	NCOIX vs NHMRX
JQC	Nuveen Credit Strategies Income Fund	Bank Loan	3	2.40%	—	Jun 2003	NCOIX vs JQC
NSBRX	Nuveen Dividend Growth Fund	Large Cap Blend Equities	19	4.12%	—	Mar 2006	NCOIX vs NSBRX
NPSRX	Nuveen Preferred Securities & Income Fund	Preferred Stock/Convertible Bonds	75	1.04%	—	Dec 2006	NCOIX vs NPSRX
NVHIX	Nuveen Short Duration High Yield Municipal Bond Fu...	High Yield Muni	89	2.32%	—	Jan 2013	NCOIX vs NVHIX
NVLIX	Nuveen Winslow Large-Cap Growth ESG Fund Class I	Large Cap Growth Equities, ESG	12	7.90%	—	May 2009	NCOIX vs NVLIX

Often Compared With NCOIX

Investors most often compare NCOIX with FQTIX, FASEX, FJSYX. These 20 comparison targets span 6 categories, based on PortfoliosLab usage data.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
FQTIX	Franklin Templeton SMACS: Series I	High Yield Bonds	94	3.71%	—	Jun 2019	NCOIX vs FQTIX
FASEX	Nuveen Mid Cap Value Fund	Mid Cap Value Equities	84	20.45%	—	Dec 1987	NCOIX vs FASEX
FJSYX	Nuveen Credit Income Fund	High Yield Bonds	87	1.76%	—	Aug 2001	NCOIX vs FJSYX
NELIX	Nuveen Equity Long/Short Fund	Long-Short	47	7.84%	—	Dec 2008	NCOIX vs NELIX
PRFRX	T. Rowe Price Floating Rate Fund	High Yield Bonds	90	2.06%	—	Jul 2011	NCOIX vs PRFRX
THHYX	Toews Tactical Income Fund	High Yield Bonds	40	0.53%	—	Jun 2010	NCOIX vs THHYX
RSIIX	RiverPark Strategic Income Fund	High Yield Bonds	78	2.89%	—	Sep 2013	NCOIX vs RSIIX
CPMPX	Changing Parameters Fund	High Yield Bonds	82	1.14%	—	Oct 2006	NCOIX vs CPMPX
FARCX	Nuveen Real Estate Securities Fund	REIT	51	17.11%	—	Jun 1995	NCOIX vs FARCX
PRCPX	T. Rowe Price Credit Opportunities Fund	High Yield Bonds	88	2.59%	—	Apr 2014	NCOIX vs PRCPX
FAHEX	Fidelity Advisor High Income Advantage Fund Class ...	High Yield Bonds	76	5.94%	—	Nov 1997	NCOIX vs FAHEX
JGH	Nuveen Global High Income Fund	High Yield Bonds	10	4.27%	—	Nov 2014	NCOIX vs JGH
PRHYX	T. Rowe Price High Yield Fund	High Yield Bonds	80	1.79%	—	Dec 1984	NCOIX vs PRHYX
BDHIX	BlackRock Dynamic High Income Portfolio	Diversified Portfolio	56	5.46%	—	Nov 2014	NCOIX vs BDHIX
ICMUX	Intrepid Income Fund	Multisector Bonds	98	2.73%	—	Jul 2007	NCOIX vs ICMUX
RITGX	American Funds American High-Income Trust® Class R...	High Yield Bonds	83	2.23%	—	Aug 2008	NCOIX vs RITGX
SHOYX	American Beacon SiM High Yield Opportunities Fund ...	High Yield Bonds	97	2.58%	—	Feb 2011	NCOIX vs SHOYX
SHYPX	American Beacon SiM High Yld Opps Fund	High Yield Bonds	97	2.40%	—	Feb 2011	NCOIX vs SHYPX
FSHNX	Fidelity Series High Income Fund	High Yield Bonds	95	3.30%	—	Mar 2011	NCOIX vs FSHNX
FAHYX	Fidelity Advisor High Income Advantage Fund Class ...	High Yield Bonds	82	6.38%	—	Jan 1987	NCOIX vs FAHYX

Compare NCOIX with Any Fund or Stock

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

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Diversifiers

Pair NCOIX with funds that move differently

Nuveen High Yield Income Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to NCOIX.

Explore NCOIX Diversifiers

Nuveen High Yield Income Fund (NCOIX) Alternatives