Nuveen Multi-Asset Income Fund (NMAI) Alternatives
Nuveen Multi-Asset Income Fund (NMAI) belongs to the Global Allocation category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with NMAI. Use the tables to find lower-cost options, better risk-adjusted returns, or funds that fit a different role in your portfolio.
Cheapest Alternatives to NMAI
NMAI charges 2.91% annually. Among mutual funds in the Global Allocation category, these options have the lowest expense ratios among NMAI alternatives.
| Symbol | Name | Expense Ratio | Inception | |
|---|---|---|---|---|
| GMO Implementation Fund | 0.02% | Feb 29, 2012 | NMAI vs GIMFX | |
| Goldman Sachs Growth Strategy Portfolio | 0.19% | Jan 1, 1998 | NMAI vs GGSIX | |
| Voya Global Perspectives Portfolio | 0.20% | Apr 30, 2013 | NMAI vs IPIRX | |
| MH Elite Select Portfolio of Funds Fund | 0.21% | Apr 5, 2006 | NMAI vs MHESX | |
| Janus Henderson Global Allocation Fund - Moderate | 0.25% | Dec 29, 2005 | NMAI vs JNSMX |
Best Risk-Adjusted Alternatives to NMAI
Among mutual funds in the Global Allocation category, these options rank highest on PortfoliosLab's risk-adjusted score, which accounts for volatility, drawdown, and return consistency over a 1-year period.
| Symbol | Name | Risk / Return Rank | Inception | |
|---|---|---|---|---|
| Thornburg Investment Income Builder Fund | 98 | Dec 23, 2002 | NMAI vs TIBAX | |
| Hartford Real Asset Fund | 97 | May 27, 2010 | NMAI vs HRLYX | |
| GMO Benchmark-Free Fund | 97 | Jun 14, 2011 | NMAI vs GBFFX | |
| GMO Benchmark-Free Allocation Fund | 96 | Jul 22, 2003 | NMAI vs GBMFX | |
| GMO Implementation Fund | 96 | Feb 29, 2012 | NMAI vs GIMFX |
Top Performing NMAI Alternatives (YTD)
NMAI alternatives from the Global Allocation category, sorted by year-to-date return.
| Symbol | Name | YTD Return | Inception | |
|---|---|---|---|---|
| Allspring Absolute Return Fund | 14.79% | Feb 29, 2012 | NMAI vs WARAX | |
| Hartford Real Asset Fund | 10.68% | May 27, 2010 | NMAI vs HRLYX | |
| Wilmington Real Asset Fund | 10.27% | Jun 30, 2003 | NMAI vs WMRIX | |
| Cohen & Steers Real Assets Fund Inc | 10.26% | Jan 30, 2012 | NMAI vs RAPZX | |
| Principal Diversified Real Asset Fund | 9.23% | Mar 15, 2010 | NMAI vs PDRDX |
Lowest Volatility Alternatives to NMAI
NMAI alternatives from the Global Allocation category, sorted by annualized volatility over the past year.
| Symbol | Name | Volatility 1Y | Inception | |
|---|---|---|---|---|
| PFG BNY Mellon Diversifier Strategy Fund | 4.95% | Dec 10, 2017 | NMAI vs PFADX | |
| LoCorr Macro Strategies Fund Class I | 5.78% | Mar 24, 2011 | NMAI vs LFMIX | |
| MH Elite Income Fund of Funds | 6.46% | Aug 14, 2011 | NMAI vs MHEIX | |
| Principal Diversified Select Real Asset Fund | 6.83% | Jul 2, 2019 | NMAI vs PDSYX | |
| Nuveen Real Asset Income Fund | 6.94% | Sep 12, 2011 | NMAI vs NRIIX |
Lowest Drawdown Alternatives to NMAI
NMAI alternatives from the Global Allocation category, sorted by maximum drawdown over the past year.
| Symbol | Name | Max Drawdown 1Y | Inception | |
|---|---|---|---|---|
| LoCorr Macro Strategies Fund Class I | -3.08% | Mar 24, 2011 | NMAI vs LFMIX | |
| PFG BNY Mellon Diversifier Strategy Fund | -4.21% | Dec 10, 2017 | NMAI vs PFADX | |
| MH Elite Income Fund of Funds | -4.54% | Aug 14, 2011 | NMAI vs MHEIX | |
| Allspring Absolute Return Fund | -5.06% | Feb 29, 2012 | NMAI vs WARAX | |
| Principal Diversified Select Real Asset Fund | -5.32% | Jul 2, 2019 | NMAI vs PDSYX |
Other Mutual Funds from Nuveen
Most popular Nuveen mutual funds on PortfoliosLab, across asset classes.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | Inception | |
|---|---|---|---|---|---|---|
| Nuveen NASDAQ 100 Dynamic Overwrite Fund | Large Cap Growth Equities | 71 | -4.39% | Jan 30, 2007 | NMAI vs QQQX | |
| Nuveen S&P 500 Dynamic Overwrite Fund | S&P 500 | 9 | -9.14% | Nov 23, 2005 | NMAI vs SPXX | |
| Nuveen Credit Strategies Income Fund | Bank Loan | 9 | 0.13% | Jun 26, 2003 | NMAI vs JQC | |
| Nuveen Dividend Growth Fund | Large Cap Blend Equities | 23 | -4.17% | Mar 28, 2006 | NMAI vs NSBRX | |
| Nuveen High Yield Municipal Bond Fund | High Yield Muni | 15 | -0.75% | Jun 6, 1999 | NMAI vs NHMRX | |
| Nuveen Mid Cap Value Fund | Mid Cap Value Equities | 49 | 2.64% | Dec 22, 1987 | NMAI vs FASEX | |
| Nuveen Short Duration High Yield Municipal Bond Fu... | High Yield Muni | 28 | -0.04% | Jan 31, 2013 | NMAI vs NVHIX | |
| Nuveen Winslow Large-Cap Growth ESG Fund Class I | Large Cap Growth Equities, ESG | 11 | -14.74% | May 15, 2009 | NMAI vs NVLIX | |
| Nuveen Equity Long/Short Fund | Long-Short | 47 | -4.35% | Dec 29, 2008 | NMAI vs NELIX | |
| Nuveen Real Estate Securities Fund | REIT | 13 | 2.69% | Jun 30, 1995 | NMAI vs FARCX |
Often Compared With NMAI
What investors most often compare with NMAI, based on PortfoliosLab usage data.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | Inception | |
|---|---|---|---|---|---|---|
| Eaton Vance Enhanced Equity Income Fund II | Derivative Income | 12 | -10.77% | Jan 26, 2005 | NMAI vs EOS | |
| iShares World Equity High Income UCITS ETF USD Inc | Global Equity Income | 77 | -2.66% | Mar 26, 2024 | NMAI vs WINC.AS | |
| Eaton Vance Tax-Managed Global Diversified Equity ... | Dividend, Global Equity Income | 48 | -7.20% | Feb 27, 2007 | NMAI vs EXG | |
| Vanguard S&P 500 ETF | S&P 500 | 65 | -4.42% | Sep 7, 2010 | NMAI vs VOO | |
| Abrdn Total Dynamic Dividend Fund | 78 | -2.57% | Jan 26, 2007 | NMAI vs AOD | ||
| BlackRock ESG Capital Allocation Term Trust | Derivative Income, ESG | 16 | -6.71% | Sep 28, 2021 | NMAI vs ECAT | |
| PIMCO Dynamic Income Fund | 38 | 0.17% | — | NMAI vs PDI | ||
| NXG NextGen Infrastructure Income Fund | Global Equity Income | 73 | 12.14% | Sep 28, 2012 | NMAI vs NXG | |
| Virtus InfraCap U.S. Preferred Stock ETF | Preferred Stock/Convertible Bonds, Actively Managed | 30 | -3.22% | May 15, 2018 | NMAI vs PFFA | |
| Nuveen Preferred Securities & Income Fund | Preferred Stock/Convertible Bonds | 90 | -1.95% | Dec 18, 2006 | NMAI vs NPSRX |
Compare NMAI with Any Fund or Stock
Compare NMAI with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.