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 | |
|---|---|---|---|---|---|
| Federated Hermes High-Yield Strategy Portfolio | 0.02% | — | Dec 2008 | NCOIX vs FHYSX | |
| Vanguard High-Yield Corporate Fund Admiral Shares | 0.13% | 25.70B | Nov 2001 | NCOIX vs VWEAX | |
| PIA High Yield (MACS) Fund | 0.20% | — | Dec 2017 | NCOIX vs PIAMX | |
| Vanguard High-Yield Corporate Fund Investor Shares | 0.23% | 25.70B | Dec 1978 | NCOIX vs VWEHX | |
| 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 91. There are 26 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 | |
|---|---|---|---|---|---|
| Pioneer ILS Interval Fund | 100 | — | Dec 2014 | NCOIX vs XILSX | |
| Cliffwater Corporate Lending Fund | 100 | — | Mar 2019 | NCOIX vs CCLFX | |
| RiverPark Short Term High Yield Fund | 99 | — | Sep 2010 | NCOIX vs RPHIX | |
| Chartwell Short Duration High Yield Fund | 96 | — | Jul 2014 | NCOIX vs CWFIX | |
| American Beacon SiM High Yield Opportunities Fund ... | 96 | — | Feb 2011 | NCOIX vs SHOYX |
Top Performing NCOIX Alternatives (YTD)
NCOIX is at 2.43% YTD. There are 30 mutual funds in the High Yield Bonds category with higher YTD returns, going as high as 8.24%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Fidelity Capital & Income Fund | 8.24% | — | Nov 1977 | NCOIX vs FAGIX | |
| Pioneer ILS Interval Fund | 7.97% | — | Dec 2014 | NCOIX vs XILSX | |
| Fidelity Advisor High Income Advantage Fund Class ... | 7.38% | — | Oct 2018 | NCOIX vs FIQTX | |
| Fidelity Advisor High Income Advantage Fund Class ... | 7.33% | — | Jul 1995 | NCOIX vs FAHCX | |
| Fidelity Advisor High Income Advantage Fund Class ... | 7.20% | — | Jan 1987 | NCOIX vs FAHYX |
Lowest Volatility Alternatives to NCOIX
NCOIX has 3.48% 1-year volatility. There are 134 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 | |
|---|---|---|---|---|---|
| Cliffwater Corporate Lending Fund | 0.88% | — | Mar 2019 | NCOIX vs CCLFX | |
| RiverPark Short Term High Yield Fund | 0.88% | — | Sep 2010 | NCOIX vs RPHIX | |
| Chartwell Short Duration High Yield Fund | 1.50% | — | Jul 2014 | NCOIX vs CWFIX | |
| Shenkman Capital Short Duration High Income Fund | 1.63% | — | Oct 2012 | NCOIX vs SCFIX | |
| 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 70 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 | |
|---|---|---|---|---|---|
| RiverPark Short Term High Yield Fund | -0.10% | — | Sep 2010 | NCOIX vs RPHIX | |
| Cliffwater Corporate Lending Fund | -0.19% | — | Mar 2019 | NCOIX vs CCLFX | |
| Pioneer ILS Interval Fund | -0.21% | — | Dec 2014 | NCOIX vs XILSX | |
| MainStay MacKay Short Duration High Yield Fund | -1.06% | — | Dec 2012 | NCOIX vs MDHVX | |
| 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 QQQX, SPXX, NHMRX and span 9 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Nuveen NASDAQ 100 Dynamic Overwrite Fund | Large Cap Growth Equities | 68 | 11.14% | — | Jan 2007 | NCOIX vs QQQX | |
| Nuveen S&P 500 Dynamic Overwrite Fund | S&P 500 | 17 | 4.21% | — | Nov 2005 | NCOIX vs SPXX | |
| Nuveen High Yield Municipal Bond Fund | High Yield Muni | 61 | 3.11% | — | Jun 1999 | NCOIX vs NHMRX | |
| Nuveen Credit Strategies Income Fund | Bank Loan | 4 | 1.57% | — | Jun 2003 | NCOIX vs JQC | |
| Nuveen Dividend Growth Fund | Large Cap Blend Equities | 15 | 2.95% | — | Mar 2006 | NCOIX vs NSBRX | |
| Nuveen Preferred Securities & Income Fund | Preferred Stock/Convertible Bonds | 75 | 0.66% | — | Dec 2006 | NCOIX vs NPSRX | |
| Nuveen Mid Cap Value Fund | Mid Cap Value Equities | 66 | 17.41% | — | Dec 1987 | NCOIX vs FASEX | |
| Nuveen Short Duration High Yield Municipal Bond Fu... | High Yield Muni | 61 | 1.93% | — | Jan 2013 | NCOIX vs NVHIX | |
| Nuveen Winslow Large-Cap Growth ESG Fund Class I | Large Cap Growth Equities, ESG | 16 | 8.35% | — | May 2009 | NCOIX vs NVLIX | |
| Nuveen Equity Long/Short Fund | Long-Short | 53 | 7.71% | — | Dec 2008 | NCOIX vs NELIX |
Often Compared With NCOIX
Investors most often compare NCOIX with FOCIX, THHYX, PRFRX. These 17 comparison targets span 4 categories, based on PortfoliosLab usage data.
Compare NCOIX with Any Fund or Stock
Compare NCOIX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
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