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 9. There are 496 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 NY Municipal Bond Portfolio | 99 | — | Jun 2015 | NIM vs DNYMX | |
| DFA California Short Term Municipal Bond Portfolio | 99 | — | Apr 2007 | NIM vs DFCMX | |
| DFA Short Term Municipal Bond Portfolio | 99 | — | Aug 2002 | NIM vs DFSMX | |
| abrdn Ultra Short Municipal Income Fund | 99 | — | Dec 2002 | NIM vs ATOIX |
Top Performing NIM Alternatives (YTD)
NIM is at 0.55% YTD. There are 480 mutual funds in the Municipal Bonds category with higher YTD returns, going as high as 16.51%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Nuveen Massachusetts Quality Municipal Income Fund | 16.51% | — | Jan 1993 | NIM vs NMT | |
| Nuveen Arizona Quality Municipal Income Fund | 13.56% | — | Nov 1992 | NIM vs NAZ | |
| Nuveen Municipal Income Fund, Inc. | 11.65% | — | Apr 1998 | NIM vs NMI | |
| RiverNorth Opportunistic Municipal Income Fund | 9.92% | — | — | NIM vs RMI | |
| Nuveen Minnesota Quality Municipal Income Fund | 7.31% | — | Jun 1993 | NIM vs NMS |
Lowest Volatility Alternatives to NIM
NIM has 9.03% 1-year volatility. There are 481 mutual funds in the Municipal Bonds category with lower 1-year volatility, going as low as 0.56%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| 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 | 0.59% | — | May 2016 | NIM vs USMSX | |
| JPMorgan Ultra-Short Municipal Fund | 0.59% | — | May 2016 | NIM vs USMTX | |
| DFA Short Term Municipal Bond Portfolio | 0.61% | — | Aug 2002 | NIM vs DFSMX |
Lowest Drawdown Alternatives to NIM
NIM has a 1-year max drawdown of -6.67%. There are 479 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 | |
| Cavanal Hill Ultra Short Tax-Free Income Fund | -0.10% | — | Dec 2017 | NIM vs APUSX | |
| 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 |
Other Mutual Funds from Nuveen
The 10 most viewed Nuveen mutual funds shown here include QQQX, SPXX, NHMRX and span 8 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Nuveen NASDAQ 100 Dynamic Overwrite Fund | Large Cap Growth Equities | 71 | 11.82% | — | Jan 2007 | NIM vs QQQX | |
| Nuveen S&P 500 Dynamic Overwrite Fund | S&P 500 | 16 | 3.81% | — | Nov 2005 | NIM vs SPXX | |
| Nuveen High Yield Municipal Bond Fund | High Yield Muni | 61 | 3.18% | — | Jun 1999 | NIM vs NHMRX | |
| Nuveen Credit Strategies Income Fund | Bank Loan | 4 | 0.73% | — | Jun 2003 | NIM vs JQC | |
| Nuveen Dividend Growth Fund | Large Cap Blend Equities | 18 | 3.56% | — | Mar 2006 | NIM vs NSBRX | |
| Nuveen Preferred Securities & Income Fund | Preferred Stock/Convertible Bonds | 76 | 0.72% | — | Dec 2006 | NIM vs NPSRX | |
| Nuveen Preferred and Income Opportunities Fund | Preferred Stock/Convertible Bonds | 11 | 0.12% | — | Mar 2003 | NIM vs JPC | |
| Nuveen Mid Cap Value Fund | Mid Cap Value Equities | 70 | 17.58% | — | Dec 1987 | NIM vs FASEX | |
| Nuveen Short Duration High Yield Municipal Bond Fu... | High Yield Muni | 62 | 1.93% | — | Jan 2013 | NIM vs NVHIX | |
| Nuveen Winslow Large-Cap Growth ESG Fund Class I | Large Cap Growth Equities, ESG | 19 | 9.51% | — | May 2009 | NIM vs NVLIX |
Often Compared With NIM
Investors most often compare NIM with NAC, BSNIX, NUW. These 16 comparison targets span 3 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