Nuveen Municipal Total Return Managed Accounts (NMTRX) Alternatives

Nuveen Municipal Total Return Managed Accounts (NMTRX) 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 NMTRX. 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 NMTRX

NMTRX charges 0.05% annually. Among mutual funds in the Municipal Bonds category, these options have the lowest expense ratios among NMTRX alternatives.

Symbol	Name	Expense Ratio	Inception
LSMSX	Western Asset SMASh Series TF Fund	0.01%	Dec 22, 2015	NMTRX vs LSMSX
FHMIX	Federated Hermes Conservative Municipal Microshort...	0.05%	Feb 2, 2021	NMTRX vs FHMIX
FSMUX	Strategic Advisers Municipal Bond Fund	0.06%	Jun 24, 2021	NMTRX vs FSMUX
FMBIX	Fidelity Municipal Bond Index Fund	0.07%	Jul 11, 2019	NMTRX vs FMBIX
FXIEX	PIMCO Fixed Income SHares: Series TE	0.07%	Jun 24, 2012	NMTRX vs FXIEX

Best Risk-Adjusted Alternatives to NMTRX

Among mutual funds in the Municipal Bonds 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
ATOIX	abrdn Ultra Short Municipal Income Fund	100	Dec 4, 2002	NMTRX vs ATOIX
TFCYX	SEI Institutional Managed Trust Tax-Free Conservat...	99	Apr 21, 2016	NMTRX vs TFCYX
APUSX	Cavanal Hill Ultra Short Tax-Free Income Fund	99	Dec 25, 2017	NMTRX vs APUSX
FHMIX	Federated Hermes Conservative Municipal Microshort...	99	Feb 2, 2021	NMTRX vs FHMIX
USMTX	JPMorgan Ultra-Short Municipal Fund	99	May 30, 2016	NMTRX vs USMTX

Top Performing NMTRX Alternatives (YTD)

NMTRX alternatives from the Municipal Bonds category, sorted by year-to-date return.

Symbol	Name	YTD Return	Inception
NMI	Nuveen Municipal Income Fund, Inc.	5.52%	Apr 20, 1998	NMTRX vs NMI
NPV	Nuveen Virginia Quality Municipal Income Fund	4.94%	Mar 18, 1993	NMTRX vs NPV
NRK	Nuveen New York AMT Free Quality Municipal Income	4.26%	Nov 21, 2002	NMTRX vs NRK
MIY	BlackRock MuniYield Michigan Quality Fund	3.67%	Oct 30, 1992	NMTRX vs MIY
NQP	Nuveen Pennsylvania Quality Municipal Income	2.14%	Feb 21, 1991	NMTRX vs NQP

Lowest Volatility Alternatives to NMTRX

NMTRX alternatives from the Municipal Bonds category, sorted by annualized volatility over the past year.

Symbol	Name	Volatility 1Y	Inception
DFSMX	DFA Short Term Municipal Bond Portfolio	0.68%	Aug 19, 2002	NMTRX vs DFSMX
USMSX	JPMorgan Ultra-Short Municipal Fund	0.69%	May 31, 2016	NMTRX vs USMSX
USMTX	JPMorgan Ultra-Short Municipal Fund	0.70%	May 30, 2016	NMTRX vs USMTX
DFABX	DFA Short-Term Selective State Municipal Bond Port...	0.71%	Apr 11, 2022	NMTRX vs DFABX
BATVX	BlackRock Allocation Target Shares	0.76%	May 20, 2021	NMTRX vs BATVX

Lowest Drawdown Alternatives to NMTRX

NMTRX alternatives from the Municipal Bonds category, sorted by maximum drawdown over the past year.

Symbol	Name	Max Drawdown 1Y	Inception
BATVX	BlackRock Allocation Target Shares	0.00%	May 20, 2021	NMTRX vs BATVX
ATOIX	abrdn Ultra Short Municipal Income Fund	-0.10%	Dec 4, 2002	NMTRX vs ATOIX
TFCYX	SEI Institutional Managed Trust Tax-Free Conservat...	-0.10%	Apr 21, 2016	NMTRX vs TFCYX
APUSX	Cavanal Hill Ultra Short Tax-Free Income Fund	-0.20%	Dec 25, 2017	NMTRX vs APUSX
FHMIX	Federated Hermes Conservative Municipal Microshort...	-0.20%	Feb 2, 2021	NMTRX vs FHMIX

Other Mutual Funds from BlackRock

Most popular BlackRock mutual funds on PortfoliosLab, across asset classes.

Symbol	Name	Category	Risk / Return Rank	YTD Return	Inception
NASDX	Shelton Capital Management Nasdaq-100 Index Fund D...	Large Cap Growth Equities	65	-6.04%	Jan 18, 2000	NMTRX vs NASDX
VFAIX	Vanguard Financials Index Fund Admiral Shares	Financials Equities	8	-9.18%	Feb 4, 2004	NMTRX vs VFAIX
VTMFX	Vanguard Tax-Managed Balanced Fund Admiral Shares	Diversified Portfolio	75	-2.15%	Sep 6, 1994	NMTRX vs VTMFX
VTCLX	Vanguard Tax-Managed Capital Appreciation Fund Adm...	Large Cap Blend Equities	59	-4.05%	Sep 6, 1994	NMTRX vs VTCLX
WFSPX	iShares S&P 500 Index Fund	S&P 500	58	-4.63%	Jul 30, 1993	NMTRX vs WFSPX
ECAT	BlackRock ESG Capital Allocation Term Trust	Derivative Income, ESG	19	-4.58%	Sep 28, 2021	NMTRX vs ECAT
LIVIX	BlackRock LifePath Index 2055 Fund	Target Retirement Date	74	-1.33%	May 30, 2011	NMTRX vs LIVIX
FASGX	Fidelity Asset Manager 70% Fund	Diversified Portfolio	79	-0.70%	Dec 30, 1991	NMTRX vs FASGX
ASFYX	AlphaSimplex Managed Futures Strategy Fund Class Y	Systematic Trend	9	6.72%	Jul 30, 2010	NMTRX vs ASFYX
BDJ	BlackRock Enhanced Equity Dividend Fund	Derivative Income	29	-5.83%	Aug 30, 2005	NMTRX vs BDJ

Often Compared With NMTRX

What investors most often compare with NMTRX, based on PortfoliosLab usage data.

Symbol	Name	Category	Risk / Return Rank	YTD Return	Inception
BMN	Blackrock 2037 Municipal Target Term Trust	Municipal Bonds	28	1.11%	Oct 28, 2022	NMTRX vs BMN
COLTX	Columbia Tax-Exempt Fund	Municipal Bonds	16	-0.43%	Nov 20, 1978	NMTRX vs COLTX
FLAAX	Nuveen All-American Municipal Bond Fund	Municipal Bonds	18	-0.24%	Oct 2, 1988	NMTRX vs FLAAX
FUENX	Fidelity Flex Municipal Income Fund	Municipal Bonds	54	-0.29%	Oct 12, 2017	NMTRX vs FUENX
VMLUX	Vanguard Limited-Term Tax-Exempt Fund Admiral Shar...	Municipal Bonds	90	-0.03%	Feb 12, 2001	NMTRX vs VMLUX
VWSUX	Vanguard Short-Term Tax-Exempt Fund Admiral Shares	Municipal Bonds	98	0.30%	Feb 12, 2001	NMTRX vs VWSUX
DUALX	Dupree Alabama Tax Free Income Series Fund	Municipal Bonds	22	-0.70%	Dec 30, 1999	NMTRX vs DUALX
NCATX	Northern California Tax Exempt Fund	Municipal Bonds	40	-0.08%	Apr 7, 1997	NMTRX vs NCATX
ALCAX	AB Municipal Income Fund California Portfolio	Municipal Bonds	33	-0.31%	Dec 28, 1986	NMTRX vs ALCAX
KYTFX	Dupree Kentucky Tax Free Income Series Fund	Municipal Bonds	24	-0.83%	Jul 2, 1979	NMTRX vs KYTFX
AITFX	Invesco Limited Term Municipal Income Fund	Municipal Bonds	87	0.05%	May 10, 1987	NMTRX vs AITFX
CBTAX	Six Circles Tax Aware Bond Fund	Municipal Bonds	41	-0.26%	May 18, 2020	NMTRX vs CBTAX
EACAX	Eaton Vance California Municipal Opportunities Fun...	Municipal Bonds	23	-0.32%	May 26, 1994	NMTRX vs EACAX
PSNYX	BNY Mellon New York AMT-Free Municipal Bond Fund	Municipal Bonds	21	-0.26%	Dec 30, 1986	NMTRX vs PSNYX
TEPAX	American Funds Tax-Exempt Preservation Portfolio	Municipal Bonds	82	-0.02%	May 17, 2012	NMTRX vs TEPAX
TXRIX	JPMorgan Tax Aware Real Return Fund	Municipal Bonds	36	-0.08%	Aug 30, 2005	NMTRX vs TXRIX
VCADX	Vanguard California Intermediate-Term Tax-Exempt F...	Municipal Bonds	67	-0.53%	Nov 12, 2001	NMTRX vs VCADX
BITEX	Brown Advisory Tax-Exempt Sustainable Bond Fund	Municipal Bonds	46	-0.44%	Dec 1, 2019	NMTRX vs BITEX
DMTFX	Delaware Tax Free USA Fund	Municipal Bonds	8	-0.80%	Jan 10, 1984	NMTRX vs DMTFX
ETMOX	Eaton Vance Missouri Municipal Income Fund	Municipal Bonds	47	-0.27%	Dec 6, 1993	NMTRX vs ETMOX

Compare NMTRX with Any Fund or Stock

Compare NMTRX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.

Symbol name

Nuveen Municipal Total Return Managed Accounts

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