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 24 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	99	—	Sep 2010	NCOIX vs RPHIX
CWFIX	Chartwell Short Duration High Yield Fund	96	—	Jul 2014	NCOIX vs CWFIX
PSHNX	Penn Capital Short Duration High Income Fund	96	—	Jul 2017	NCOIX vs PSHNX

Top Performing NCOIX Alternatives (YTD)

NCOIX is at 2.26% YTD. There are 35 mutual funds in the High Yield Bonds category with higher YTD returns, going as high as 8.39%.

Symbol	Name	YTD Return	AUM	Inception
XILSX	Pioneer ILS Interval Fund	8.39%	—	Dec 2014	NCOIX vs XILSX
FOCIX	Fairholme Focused Income Fund	7.76%	—	Dec 2009	NCOIX vs FOCIX
FAGIX	Fidelity Capital & Income Fund	7.39%	—	Nov 1977	NCOIX vs FAGIX
FIQTX	Fidelity Advisor High Income Advantage Fund Class ...	6.77%	—	Oct 2018	NCOIX vs FIQTX
FAHCX	Fidelity Advisor High Income Advantage Fund Class ...	6.64%	—	Jul 1995	NCOIX vs FAHCX

Lowest Volatility Alternatives to NCOIX

NCOIX has 3.51% 1-year volatility. There are 136 mutual funds in the High Yield Bonds category with lower 1-year volatility, going as low as 0.88%.

Symbol	Name	Volatility 1Y	AUM	Inception
CCLFX	Cliffwater Corporate Lending Fund	0.88%	—	Mar 2019	NCOIX vs CCLFX
RPHIX	RiverPark Short Term High Yield Fund	0.88%	—	Sep 2010	NCOIX vs RPHIX
CWFIX	Chartwell Short Duration High Yield Fund	1.51%	—	Jul 2014	NCOIX vs CWFIX
SCFIX	Shenkman Capital Short Duration High Income Fund	1.64%	—	Oct 2012	NCOIX vs SCFIX
OSTIX	Osterweis Strategic Income Fund	1.70%	—	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, SPXX and span 12 categories.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
TIEIX	Nuveen Equity Index Fund Class I	Large Cap Blend Equities	51	8.62%	—	Jul 1999	NCOIX vs TIEIX
QQQX	Nuveen Nasdaq 100 Dynamic Overwrite Fund	Derivative Income, Options Trading, Nasdaq-100, Large Cap Growth Equities, Actively Managed	37	5.00%	—	Jan 2007	NCOIX vs QQQX
SPXX	Nuveen S&P 500 Dynamic Overwrite Fund	S&P 500	16	3.96%	—	Nov 2005	NCOIX vs SPXX
NHMRX	Nuveen High Yield Municipal Bond Fund	High Yield Muni	61	3.32%	—	Jun 1999	NCOIX vs NHMRX
JQC	Nuveen Credit Strategies Income Fund	Bank Loan	5	2.62%	—	Jun 2003	NCOIX vs JQC
NSBRX	Nuveen Dividend Growth Fund	Large Cap Blend Equities	12	0.93%	—	Mar 2006	NCOIX vs NSBRX
NPSRX	Nuveen Preferred Securities & Income Fund	Preferred Stock/Convertible Bonds	73	0.53%	—	Dec 2006	NCOIX vs NPSRX
NVHIX	Nuveen Short Duration High Yield Municipal Bond Fu...	High Yield Muni	65	1.93%	—	Jan 2013	NCOIX vs NVHIX
NVLIX	Nuveen Winslow Large-Cap Growth ESG Fund Class I	Large Cap Growth Equities, ESG	10	4.33%	—	May 2009	NCOIX vs NVLIX
FASEX	Nuveen Mid Cap Value Fund	Mid Cap Value Equities	79	19.98%	—	Dec 1987	NCOIX vs FASEX

Often Compared With NCOIX

Investors most often compare NCOIX with THHYX, PRCPX, RSIIX. These 19 comparison targets span 5 categories, based on PortfoliosLab usage data.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
THHYX	Toews Tactical Income Fund	High Yield Bonds	35	0.38%	—	Jun 2010	NCOIX vs THHYX
PRCPX	T. Rowe Price Credit Opportunities Fund	High Yield Bonds	93	1.29%	—	Apr 2014	NCOIX vs PRCPX
RSIIX	RiverPark Strategic Income Fund	High Yield Bonds	63	1.57%	—	Sep 2013	NCOIX vs RSIIX
PRFRX	T. Rowe Price Floating Rate Fund	High Yield Bonds	95	0.83%	—	Jul 2011	NCOIX vs PRFRX
NELIX	Nuveen Equity Long/Short Fund	Long-Short	50	7.25%	—	Dec 2008	NCOIX vs NELIX
FARCX	Nuveen Real Estate Securities Fund	REIT	29	16.10%	—	Jun 1995	NCOIX vs FARCX
CPMPX	Changing Parameters Fund	High Yield Bonds	83	0.76%	—	Oct 2006	NCOIX vs CPMPX
FQTIX	Franklin Templeton SMACS: Series I	High Yield Bonds	94	3.68%	—	Jun 2019	NCOIX vs FQTIX
PRHYX	T. Rowe Price High Yield Fund	High Yield Bonds	69	1.22%	—	Dec 1984	NCOIX vs PRHYX
FJSYX	Nuveen Credit Income Fund	High Yield Bonds	85	1.20%	—	Aug 2001	NCOIX vs FJSYX
JGH	Nuveen Global High Income Fund	High Yield Bonds	16	5.33%	—	Nov 2014	NCOIX vs JGH
BDHIX	BlackRock Dynamic High Income Portfolio	Diversified Portfolio	39	3.48%	—	Nov 2014	NCOIX vs BDHIX
RITGX	American Funds American High-Income Trust® Class R...	High Yield Bonds	76	1.73%	—	Aug 2008	NCOIX vs RITGX
ICMUX	Intrepid Income Fund	Multisector Bonds	97	2.09%	—	Jul 2007	NCOIX vs ICMUX
FAHEX	Fidelity Advisor High Income Advantage Fund Class ...	High Yield Bonds	85	6.19%	—	Nov 1997	NCOIX vs FAHEX
SHYPX	American Beacon SiM High Yld Opps Fund	High Yield Bonds	96	1.80%	—	Feb 2011	NCOIX vs SHYPX
FSHNX	Fidelity Series High Income Fund	High Yield Bonds	95	2.99%	—	Mar 2011	NCOIX vs FSHNX
SHOYX	American Beacon SiM High Yield Opportunities Fund ...	High Yield Bonds	96	1.84%	—	Feb 2011	NCOIX vs SHOYX
FAHYX	Fidelity Advisor High Income Advantage Fund Class ...	High Yield Bonds	88	6.56%	—	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