Nuveen Municipal Credit Opportunities Fund (NMCO) Alternatives
Nuveen Municipal Credit Opportunities Fund (NMCO) belongs to the High Yield Muni category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with NMCO. 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 NMCO
NMCO charges 0.04% annually. Among mutual funds in the High Yield Muni category, these options have the lowest expense ratios among NMCO alternatives.
| Symbol | Name | Expense Ratio | Inception | |
|---|---|---|---|---|
| BlackRock Allocation Target Shares Series E Portfo... | 0.11% | Aug 3, 2014 | NMCO vs BATEX | |
| Eaton Vance High Yield Municipal Income Fund Class... | 0.18% | May 9, 2007 | NMCO vs EWHYX | |
| American High-Income Municipal Bond Fund Class F-3 | 0.31% | Jan 27, 2017 | NMCO vs HIMFX | |
| American High-Income Municipal Bond Fund Class F-2 | 0.42% | Aug 1, 2008 | NMCO vs AHMFX | |
| Lord Abbett Short Duration High Income Municipal B... | 0.50% | Jun 14, 2015 | NMCO vs SDHIX |
Best Risk-Adjusted Alternatives to NMCO
Among mutual funds in the High Yield Muni 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 | |
|---|---|---|---|---|
| Counterpoint Tactical Municipal Fund | 78 | Jun 10, 2018 | NMCO vs TMNIX | |
| T. Rowe Price Tax Free High Yield Fund | 62 | Feb 28, 1985 | NMCO vs PRFHX | |
| Lord Abbett Short Duration High Income Municipal B... | 60 | Jun 14, 2015 | NMCO vs SDHIX | |
| Invesco Short Duration High Yield Municipal Fund | 44 | Sep 29, 2015 | NMCO vs ISHYX | |
| AB Municipal Income Shares | 34 | Aug 31, 2010 | NMCO vs MISHX |
Top Performing NMCO Alternatives (YTD)
NMCO alternatives from the High Yield Muni category, sorted by year-to-date return.
| Symbol | Name | YTD Return | Inception | |
|---|---|---|---|---|
| Nuveen Municipal High Income Opportunity Fund | 3.39% | Nov 19, 2003 | NMCO vs NMZ | |
| RiverNorth Flexible Municipal Income Fund | 2.36% | — | NMCO vs RFM | |
| T. Rowe Price Tax Free High Yield Fund | 0.63% | Feb 28, 1985 | NMCO vs PRFHX | |
| Nuveen Short Duration High Yield Municipal Bond Fu... | 0.58% | Jan 31, 2013 | NMCO vs NVHIX | |
| Eaton Vance High Yield Municipal Income Fund Class... | 0.37% | May 9, 2007 | NMCO vs EWHYX |
Lowest Volatility Alternatives to NMCO
NMCO alternatives from the High Yield Muni category, sorted by annualized volatility over the past year.
| Symbol | Name | Volatility 1Y | Inception | |
|---|---|---|---|---|
| Counterpoint Tactical Municipal Fund | 2.34% | Jun 10, 2018 | NMCO vs TMNIX | |
| Lord Abbett Short Duration High Income Municipal B... | 3.45% | Jun 14, 2015 | NMCO vs SDHIX | |
| Nuveen Short Duration High Yield Municipal Bond Fu... | 3.81% | Jan 31, 2013 | NMCO vs NVHIX | |
| Invesco Short Duration High Yield Municipal Fund | 3.82% | Sep 29, 2015 | NMCO vs ISHYX | |
| Redwood Managed Municipal Income Fund | 3.88% | Mar 8, 2017 | NMCO vs RWMIX |
Lowest Drawdown Alternatives to NMCO
NMCO alternatives from the High Yield Muni category, sorted by maximum drawdown over the past year.
| Symbol | Name | Max Drawdown 1Y | Inception | |
|---|---|---|---|---|
| Counterpoint Tactical Municipal Fund | -2.21% | Jun 10, 2018 | NMCO vs TMNIX | |
| Lord Abbett Short Duration High Income Municipal B... | -3.22% | Jun 14, 2015 | NMCO vs SDHIX | |
| Nuveen Short Duration High Yield Municipal Bond Fu... | -3.63% | Jan 31, 2013 | NMCO vs NVHIX | |
| Invesco Short Duration High Yield Municipal Fund | -3.79% | Sep 29, 2015 | NMCO vs ISHYX | |
| abrdn Short Duration High Yield Municipal Fund | -3.81% | May 30, 2013 | NMCO vs AHYMX |
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 | 78 | -0.51% | Jan 30, 2007 | NMCO vs QQQX | |
| Nuveen S&P 500 Dynamic Overwrite Fund | S&P 500 | 10 | -7.83% | Nov 23, 2005 | NMCO vs SPXX | |
| Nuveen Credit Strategies Income Fund | Bank Loan | 7 | -0.69% | Jun 26, 2003 | NMCO vs JQC | |
| Nuveen Dividend Growth Fund | Large Cap Blend Equities | 24 | -2.40% | Mar 28, 2006 | NMCO vs NSBRX | |
| Nuveen High Yield Municipal Bond Fund | High Yield Muni | 15 | 0.08% | Jun 6, 1999 | NMCO vs NHMRX | |
| Nuveen Mid Cap Value Fund | Mid Cap Value Equities | 56 | 5.31% | Dec 22, 1987 | NMCO vs FASEX | |
| Nuveen Winslow Large-Cap Growth ESG Fund Class I | Large Cap Growth Equities, ESG | 15 | -11.60% | May 15, 2009 | NMCO vs NVLIX | |
| Nuveen Equity Long/Short Fund | Long-Short | 57 | -2.12% | Dec 29, 2008 | NMCO vs NELIX | |
| Nuveen Preferred Securities & Income Fund | Preferred Stock/Convertible Bonds | 92 | -1.08% | Dec 18, 2006 | NMCO vs NPSRX | |
| Nuveen Real Estate Securities Fund | REIT | 12 | 3.59% | Jun 30, 1995 | NMCO vs FARCX |
Compare NMCO with Any Fund or Stock
Compare NMCO with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.