Nuveen Municipal Value Fund Inc. (NUV) 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 NUV. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to NUV
NUV charges 0.52% annually. There are 168 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 | NUV vs LSMSX | |
| Vanguard Tax-Managed Balanced Fund Admiral Shares | 0.05% | 12.30B | Sep 1994 | NUV vs VTMFX | |
| Federated Hermes Conservative Municipal Microshort... | 0.05% | — | Feb 2021 | NUV vs FHMIX | |
| Nuveen Municipal Total Return Managed Accounts | 0.05% | — | May 2007 | NUV vs NMTRX | |
| Strategic Advisers Municipal Bond Fund | 0.06% | — | Jun 2021 | NUV vs FSMUX |
Best Risk-Adjusted Alternatives to NUV
NUV has a PortfoliosLab risk / return rank of 60. There are 315 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 Municipal Bond Portfolio | 100 | — | Aug 2002 | NUV vs DFSMX | |
| abrdn Ultra Short Municipal Income Fund | 100 | — | Dec 2002 | NUV vs ATOIX | |
| DFA Short-Term Selective State Municipal Bond Port... | 99 | — | Apr 2022 | NUV vs DFABX | |
| Federated Hermes Conservative Municipal Microshort... | 99 | — | Feb 2021 | NUV vs FHMIX | |
| SEI Institutional Managed Trust Tax-Free Conservat... | 99 | — | Apr 2016 | NUV vs TFCYX |
Top Performing NUV Alternatives (YTD)
NUV is at 2.63% YTD. There are 9 mutual funds in the Municipal Bonds category with higher YTD returns, going as high as 10.88%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Nuveen Municipal Income Fund, Inc. | 10.88% | — | Apr 1998 | NUV vs NMI | |
| Nuveen New York AMT Free Quality Municipal Income | 6.63% | — | Nov 2002 | NUV vs NRK | |
| BlackRock MuniYield Michigan Quality Fund | 5.90% | — | Oct 1992 | NUV vs MIY | |
| Vanguard Tax-Managed Balanced Fund Admiral Shares | 4.67% | 12.30B | Sep 1994 | NUV vs VTMFX | |
| BlackRock MuniHoldings New Jersey Quality Fund | 3.83% | — | Mar 1998 | NUV vs MUJ |
Lowest Volatility Alternatives to NUV
NUV has 6.72% 1-year volatility. There are 459 mutual funds in the Municipal Bonds category with lower 1-year volatility, going as low as 0.54%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| DFA Short Term Municipal Bond Portfolio | 0.54% | — | Aug 2002 | NUV vs DFSMX | |
| DFA Short-Term Selective State Municipal Bond Port... | 0.57% | — | Apr 2022 | NUV vs DFABX | |
| DFA California Short Term Municipal Bond Portfolio | 0.59% | — | Apr 2007 | NUV vs DFCMX | |
| JPMorgan Ultra-Short Municipal Fund | 0.63% | — | May 2016 | NUV vs USMSX | |
| JPMorgan Ultra-Short Municipal Fund | 0.65% | — | May 2016 | NUV vs USMTX |
Lowest Drawdown Alternatives to NUV
NUV has a 1-year max drawdown of -4.20%. There are 455 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 | NUV vs BATVX | |
| SEI Institutional Managed Trust Tax-Free Conservat... | -0.10% | — | Apr 2016 | NUV vs TFCYX | |
| Federated Hermes Conservative Municipal Microshort... | -0.10% | — | Feb 2021 | NUV vs FHMIX | |
| abrdn Ultra Short Municipal Income Fund | -0.10% | — | Dec 2002 | NUV vs ATOIX | |
| DFA Short Term Municipal Bond Portfolio | -0.11% | — | Aug 2002 | NUV vs DFSMX |
Other Mutual Funds from Nuveen
The 10 most viewed Nuveen mutual funds shown here include TIEIX, QQQX, TILIX and span 11 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Nuveen Equity Index Fund Class I | Large Cap Blend Equities | 58 | 10.32% | — | Jul 1999 | NUV vs TIEIX | |
| Nuveen Nasdaq 100 Dynamic Overwrite Fund | Derivative Income, Options Trading, Nasdaq-100, Large Cap Growth Equities, Actively Managed | 63 | 10.40% | — | Jan 2007 | NUV vs QQQX | |
| Nuveen Large Cap Growth Index Fund R6 Class | Large Cap Growth Equities | 10 | 0.47% | — | Oct 2002 | NUV vs TILIX | |
| Nuveen S&P 500 Dynamic Overwrite Fund | S&P 500 | 31 | 8.76% | — | Nov 2005 | NUV vs SPXX | |
| Nuveen Credit Strategies Income Fund | Bank Loan | 3 | 2.40% | — | Jun 2003 | NUV vs JQC | |
| Nuveen High Yield Municipal Bond Fund | High Yield Muni | 85 | 2.14% | — | Jun 1999 | NUV vs NHMRX | |
| Nuveen Preferred Securities & Income Fund | Preferred Stock | 69 | 0.93% | — | Dec 2006 | NUV vs NPSRX | |
| Nuveen Dividend Growth Fund | Large Cap Blend Equities | 27 | 5.21% | — | Mar 2006 | NUV vs NSBRX | |
| Nuveen Flexible Income Fund | Diversified Portfolio | 96 | 5.34% | — | Dec 2009 | NUV vs NWQIX | |
| Nuveen Short Duration High Yield Municipal Bond Fu... | High Yield Muni | 88 | 1.83% | — | Jan 2013 | NUV vs NVHIX |
Often Compared With NUV
Investors most often compare NUV with FCOQX, PCN, NVLIX. These 20 comparison targets span 5 categories, based on PortfoliosLab usage data.
Compare NUV with Any Fund or Stock
Compare NUV with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair NUV with funds that move differently
Nuveen Municipal Value Fund Inc. alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to NUV.
Explore NUV Diversifiers