Nuveen Select Maturities Municipal Fund (NIM) 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 NIM. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to NIM
NIM charges 0.03% annually. There are 3 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 | NIM vs MMU | |
| Western Asset SMASh Series TF Fund | 0.01% | — | Dec 2015 | NIM vs LSMSX | |
| Eaton Vance Municipal Bond Fund | 0.01% | — | Dec 1993 | NIM vs EIM | |
| NYLI MacKay DefinedTerm Muni Opportunities Fund | 0.03% | — | Jun 2012 | NIM vs MMD | |
| Nuveen California Municipal Value Fund | 0.03% | — | Oct 1987 | NIM vs NCA |
Best Risk-Adjusted Alternatives to NIM
NIM has a PortfoliosLab risk / return rank of 12. There are 493 mutual funds in the Municipal Bonds category with higher risk-adjusted ranks, going as high as 100.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| abrdn Ultra Short Municipal Income Fund | 100 | — | Dec 2002 | NIM vs ATOIX | |
| DFA Short Term Municipal Bond Portfolio | 100 | — | Aug 2002 | NIM vs DFSMX | |
| DFA Short-Term Selective State Municipal Bond Port... | 100 | — | Apr 2022 | NIM vs DFABX | |
| Federated Hermes Conservative Municipal Microshort... | 99 | — | Feb 2021 | NIM vs FHMIX | |
| SEI Institutional Managed Trust Tax-Free Conservat... | 99 | — | Apr 2016 | NIM vs TFCYX |
Top Performing NIM Alternatives (YTD)
NIM is at 0.52% YTD. There are 213 mutual funds in the Municipal Bonds category with higher YTD returns, going as high as 15.79%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Nuveen Massachusetts Quality Municipal Income Fund | 15.79% | — | Jan 1993 | NIM vs NMT | |
| RiverNorth Opportunistic Municipal Income Fund | 13.89% | — | — | NIM vs RMI | |
| Nuveen Municipal Income Fund, Inc. | 11.94% | — | Apr 1998 | NIM vs NMI | |
| RiverNorth Flexible Municipal Income Fund II Inc. | 7.65% | — | — | NIM vs RFMZ | |
| BlackRock MuniYield Michigan Quality Fund | 7.21% | — | Oct 1992 | NIM vs MIY |
Lowest Volatility Alternatives to NIM
NIM has 9.01% 1-year volatility. There are 478 mutual funds in the Municipal Bonds category with lower 1-year volatility, going as low as 0.54%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| DFA Short Term Municipal Bond Portfolio | 0.54% | — | Aug 2002 | NIM vs DFSMX | |
| DFA Short-Term Selective State Municipal Bond Port... | 0.56% | — | Apr 2022 | NIM vs DFABX | |
| DFA California Short Term Municipal Bond Portfolio | 0.59% | — | Apr 2007 | NIM vs DFCMX | |
| JPMorgan Ultra-Short Municipal Fund | 0.63% | — | May 2016 | NIM vs USMSX | |
| JPMorgan Ultra-Short Municipal Fund | 0.65% | — | May 2016 | NIM vs USMTX |
Lowest Drawdown Alternatives to NIM
NIM has a 1-year max drawdown of -6.67%. There are 475 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 | NIM vs BATVX | |
| SEI Institutional Managed Trust Tax-Free Conservat... | -0.10% | — | Apr 2016 | NIM vs TFCYX | |
| abrdn Ultra Short Municipal Income Fund | -0.10% | — | Dec 2002 | NIM vs ATOIX | |
| Federated Hermes Conservative Municipal Microshort... | -0.10% | — | Feb 2021 | NIM vs FHMIX | |
| DFA Short Term Municipal Bond Portfolio | -0.11% | — | Aug 2002 | NIM vs DFSMX |
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 | |
|---|---|---|---|---|---|---|---|
| Nuveen Equity Index Fund Class I | Large Cap Blend Equities | 63 | 9.70% | — | Jul 1999 | NIM vs TIEIX | |
| Nuveen Nasdaq 100 Dynamic Overwrite Fund | Derivative Income, Options Trading, Nasdaq-100, Large Cap Growth Equities, Actively Managed | 58 | 8.38% | — | Jan 2007 | NIM vs QQQX | |
| Nuveen Large Cap Growth Index Fund R6 Class | Large Cap Growth Equities | 12 | -0.33% | — | Oct 2002 | NIM vs TILIX | |
| Nuveen S&P 500 Dynamic Overwrite Fund | S&P 500 | 24 | 6.80% | — | Nov 2005 | NIM vs SPXX | |
| Nuveen Credit Strategies Income Fund | Bank Loan | 3 | 1.97% | — | Jun 2003 | NIM vs JQC | |
| Nuveen High Yield Municipal Bond Fund | High Yield Muni | 89 | 1.87% | — | Jun 1999 | NIM vs NHMRX | |
| Nuveen Preferred Securities & Income Fund | Preferred Stock | 73 | 0.35% | — | Dec 2006 | NIM vs NPSRX | |
| Nuveen Dividend Growth Fund | Large Cap Blend Equities | 30 | 5.28% | — | Mar 2006 | NIM vs NSBRX | |
| Nuveen Preferred and Income Opportunities Fund | Preferred Stock | 12 | 0.17% | — | Mar 2003 | NIM vs JPC | |
| Nuveen Flexible Income Fund | Diversified Portfolio | 96 | 4.79% | — | Dec 2009 | NIM vs NWQIX |
Often Compared With NIM
Investors most often compare NIM with NAC, NMS, BSNIX. These 20 comparison targets span 6 categories, based on PortfoliosLab usage data.
Compare NIM with Any Fund or Stock
Compare NIM with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair NIM with funds that move differently
Nuveen Select Maturities Municipal Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to NIM.
Explore NIM Diversifiers