Nuveen Virginia Quality Municipal Income Fund (NPV) 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 NPV. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to NPV
NPV charges 1.51% annually. There are 462 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 SMASh Series TF Fund | 0.01% | — | Dec 2015 | NPV vs LSMSX | |
| Vanguard Tax-Managed Balanced Fund Admiral Shares | 0.05% | 12.30B | Sep 1994 | NPV vs VTMFX | |
| Federated Hermes Conservative Municipal Microshort... | 0.05% | — | Feb 2021 | NPV vs FHMIX | |
| Nuveen Municipal Total Return Managed Accounts | 0.05% | — | May 2007 | NPV vs NMTRX | |
| Strategic Advisers Municipal Bond Fund | 0.06% | — | Jun 2021 | NPV vs FSMUX |
Best Risk-Adjusted Alternatives to NPV
NPV has a PortfoliosLab risk / return rank of 30. There are 468 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 | NPV vs DFABX | |
| abrdn Ultra Short Municipal Income Fund | 99 | — | Dec 2002 | NPV vs ATOIX | |
| DFA NY Municipal Bond Portfolio | 99 | — | Jun 2015 | NPV vs DNYMX | |
| DFA California Short Term Municipal Bond Portfolio | 99 | — | Apr 2007 | NPV vs DFCMX | |
| DFA Short Term Municipal Bond Portfolio | 99 | — | Aug 2002 | NPV vs DFSMX |
Top Performing NPV Alternatives (YTD)
NPV is at 6.99% YTD. There are 3 mutual funds in the Municipal Bonds category with higher YTD returns, going as high as 12.91%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Nuveen Municipal Income Fund, Inc. | 12.91% | — | Apr 1998 | NPV vs NMI | |
| Nuveen New York AMT Free Quality Municipal Income | 9.28% | — | Nov 2002 | NPV vs NRK | |
| AllianceBernstein National Municipal Income Fund | 7.81% | — | Nov 2001 | NPV vs AFB | |
| BlackRock MuniYield Michigan Quality Fund | 5.87% | — | Oct 1992 | NPV vs MIY | |
| BlackRock MuniHoldings California Quality Fund | 5.75% | — | Feb 1998 | NPV vs MUC |
Lowest Volatility Alternatives to NPV
NPV has 6.91% 1-year volatility. There are 462 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 | NPV vs DFABX | |
| JPMorgan Ultra-Short Municipal Fund | 0.59% | — | May 2016 | NPV vs USMSX | |
| DFA California Short Term Municipal Bond Portfolio | 0.59% | — | Apr 2007 | NPV vs DFCMX | |
| JPMorgan Ultra-Short Municipal Fund | 0.60% | — | May 2016 | NPV vs USMTX | |
| DFA Short Term Municipal Bond Portfolio | 0.61% | — | Aug 2002 | NPV vs DFSMX |
Lowest Drawdown Alternatives to NPV
NPV has a 1-year max drawdown of -4.31%. There are 458 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 | NPV vs BATVX | |
| abrdn Ultra Short Municipal Income Fund | -0.10% | — | Dec 2002 | NPV vs ATOIX | |
| Cavanal Hill Ultra Short Tax-Free Income Fund | -0.10% | — | Dec 2017 | NPV vs APUSX | |
| Federated Hermes Conservative Municipal Microshort... | -0.10% | — | Feb 2021 | NPV vs FHMIX | |
| SEI Institutional Managed Trust Tax-Free Conservat... | -0.10% | — | Apr 2016 | NPV vs TFCYX |
Other Mutual Funds from Nuveen
The 10 most viewed Nuveen mutual funds shown here include TIEIX, QQQX, SPXX and span 12 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Nuveen Equity Index Fund Class I | Large Cap Blend Equities | 51 | 8.62% | — | Jul 1999 | NPV vs TIEIX | |
| Nuveen Nasdaq 100 Dynamic Overwrite Fund | Derivative Income, Options Trading, Nasdaq-100, Large Cap Growth Equities, Actively Managed | 37 | 5.00% | — | Jan 2007 | NPV vs QQQX | |
| Nuveen S&P 500 Dynamic Overwrite Fund | S&P 500 | 16 | 3.96% | — | Nov 2005 | NPV vs SPXX | |
| Nuveen High Yield Municipal Bond Fund | High Yield Muni | 61 | 3.32% | — | Jun 1999 | NPV vs NHMRX | |
| Nuveen Credit Strategies Income Fund | Bank Loan | 5 | 2.62% | — | Jun 2003 | NPV vs JQC | |
| Nuveen Dividend Growth Fund | Large Cap Blend Equities | 12 | 0.93% | — | Mar 2006 | NPV vs NSBRX | |
| Nuveen Preferred Securities & Income Fund | Preferred Stock/Convertible Bonds | 73 | 0.53% | — | Dec 2006 | NPV vs NPSRX | |
| Nuveen Short Duration High Yield Municipal Bond Fu... | High Yield Muni | 65 | 1.93% | — | Jan 2013 | NPV vs NVHIX | |
| Nuveen Winslow Large-Cap Growth ESG Fund Class I | Large Cap Growth Equities, ESG | 10 | 4.33% | — | May 2009 | NPV vs NVLIX | |
| Nuveen Mid Cap Value Fund | Mid Cap Value Equities | 79 | 19.98% | — | Dec 1987 | NPV vs FASEX |
Often Compared With NPV
Investors most often compare NPV with BMN, MYI, CBTAX. These 20 comparison targets span 1 categories, based on PortfoliosLab usage data.
Compare NPV with Any Fund or Stock
Compare NPV with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair NPV with funds that move differently
Nuveen Virginia Quality Municipal Income Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to NPV.
Explore NPV Diversifiers