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 14. There are 494 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 | NIM vs DFABX | |
| DFA Short Term Municipal Bond Portfolio | 100 | — | Aug 2002 | NIM vs DFSMX | |
| abrdn Ultra Short Municipal Income Fund | 99 | — | Dec 2002 | NIM vs ATOIX | |
| 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 2.62% YTD. There are 66 mutual funds in the Municipal Bonds category with higher YTD returns, going as high as 16.33%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Nuveen Massachusetts Quality Municipal Income Fund | 16.33% | — | Jan 1993 | NIM vs NMT | |
| RiverNorth Opportunistic Municipal Income Fund | 13.39% | — | — | NIM vs RMI | |
| RiverNorth Flexible Municipal Income Fund II Inc. | 11.28% | — | — | NIM vs RFMZ | |
| Nuveen Municipal Income Fund, Inc. | 11.06% | — | Apr 1998 | NIM vs NMI | |
| Nuveen New York AMT Free Quality Municipal Income | 10.21% | — | Nov 2002 | NIM vs NRK |
Lowest Volatility Alternatives to NIM
NIM has 8.93% 1-year volatility. There are 480 mutual funds in the Municipal Bonds category with lower 1-year volatility, going as low as 0.55%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| DFA Short Term Municipal Bond Portfolio | 0.55% | — | 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 | 0.57% | — | Apr 2007 | NIM vs DFCMX | |
| JPMorgan Ultra-Short Municipal Fund | 0.58% | — | May 2016 | NIM vs USMSX | |
| JPMorgan Ultra-Short Municipal Fund | 0.59% | — | May 2016 | NIM vs USMTX |
Lowest Drawdown Alternatives to NIM
NIM has a 1-year max drawdown of -6.67%. There are 478 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 | |
| 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 | |
| SEI Institutional Managed Trust Tax-Free Conservat... | -0.10% | — | Apr 2016 | NIM vs TFCYX | |
| DFA Short-Term Selective State Municipal Bond Port... | -0.11% | — | Apr 2022 | NIM vs DFABX |
Other Mutual Funds from Nuveen
The 10 most viewed Nuveen mutual funds shown here include TIEIX, QQQX, TILIX and span 11 categories.
Often Compared With NIM
Investors most often compare NIM with NAC, NMS, BSNIX. These 19 comparison targets span 5 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