AAIIX vs. NPCT

Last updated Apr 1, 2026

Compare and contrast key facts about Ancora Income Fund (AAIIX) and Nuveen Core Plus Impact Fund (NPCT).

AAIIX is managed by Ancora. It was launched on Jan 5, 2004. NPCT is an actively managed fund by Nuveen. It was launched on Apr 28, 2021.

Performance

AAIIX vs. NPCT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Ancora Income Fund (AAIIX) and Nuveen Core Plus Impact Fund (NPCT). The values are adjusted to include any dividend payments, if applicable.

AAIIX vs. NPCT - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
AAIIX Ancora Income Fund	-0.31%	2.28%	9.23%	9.46%	-14.32%	4.45%
NPCT Nuveen Core Plus Impact Fund	3.03%	9.87%	17.23%	7.78%	-37.50%	-4.98%

Returns By Period

In the year-to-date period, AAIIX achieves a -0.31% return, which is significantly lower than NPCT's 3.03% return.

AAIIX

• 1D: 0.29%
• 1M: -3.18%
• YTD: -0.31%
• 6M: -0.93%
• 1Y: 3.83%
• 3Y*: 6.20%
• 5Y*: 2.14%
• 10Y*: 3.19%

NPCT

• 1D: 3.35%
• 1M: -3.20%
• YTD: 3.03%
• 6M: -1.87%
• 1Y: 7.63%
• 3Y*: 12.19%
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

AAIIX vs. NPCT - Expense Ratio Comparison

AAIIX has a 2.20% expense ratio, which is lower than NPCT's 5.08% expense ratio.

NPCT

Nuveen Core Plus Impact Fund

AAIIX

Ancora Income Fund

Return for Risk

AAIIX vs. NPCT — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

AAIIX

AAIIX Risk / Return Rank: 21
AAIIX Sharpe Ratio Rank: 24
AAIIX Sortino Ratio Rank: 20
AAIIX Omega Ratio Rank: 21
AAIIX Calmar Ratio Rank: 20
AAIIX Martin Ratio Rank: 19

NPCT

NPCT Risk / Return Rank: 26
NPCT Sharpe Ratio Rank: 24
NPCT Sortino Ratio Rank: 24
NPCT Omega Ratio Rank: 22
NPCT Calmar Ratio Rank: 37
NPCT Martin Ratio Rank: 23

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

AAIIX vs. NPCT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Ancora Income Fund (AAIIX) and Nuveen Core Plus Impact Fund (NPCT). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

	AAIIX	NPCT	Difference
Sharpe ratio Return per unit of total volatility	0.61	0.64	-0.03
Sortino ratio Return per unit of downside risk	0.84	0.99	-0.15
Omega ratio Gain probability vs. loss probability	1.12	1.13	-0.01
Calmar ratio Return relative to maximum drawdown	0.60	1.02	-0.42
Martin ratio Return relative to average drawdown	1.98	2.56	-0.58
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

AAIIX vs. NPCT - Sharpe Ratio Comparison

The current AAIIX Sharpe Ratio is 0.61, which is comparable to the NPCT Sharpe Ratio of 0.64. The chart below compares the historical Sharpe Ratios of AAIIX and NPCT, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	AAIIX	NPCT	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.61	0.64	-0.03
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.00	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.00	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.00	-0.25	+0.25

Correlation

The correlation between AAIIX and NPCT is 0.47, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Dividends

AAIIX vs. NPCT - Dividend Comparison

AAIIX's dividend yield for the trailing twelve months is around 5.14%, less than NPCT's 12.55% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
AAIIX Ancora Income Fund	5.14%	4.09%	4.57%	4.77%	4.52%	4.46%	5.68%	3.96%	4.36%	5.69%	6.40%	6.99%
NPCT Nuveen Core Plus Impact Fund	12.55%	13.15%	12.20%	10.28%	11.93%	3.94%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Drawdowns

AAIIX vs. NPCT - Drawdown Comparison

The maximum AAIIX drawdown since its inception was -98.01%, which is greater than NPCT's maximum drawdown of -46.77%. Use the drawdown chart below to compare losses from any high point for AAIIX and NPCT.

Drawdown Indicators

	AAIIX	NPCT	Difference
Max Drawdown Largest peak-to-trough decline	-98.01%	-46.77%	-51.24%
Max Drawdown (1Y) Largest decline over 1 year	-4.78%	-7.30%	+2.52%
Max Drawdown (5Y) Largest decline over 5 years	-98.01%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-98.01%	—	—
Current Drawdown Current decline from peak	-97.84%	-16.35%	-81.49%
Average Drawdown Average peak-to-trough decline	-11.70%	-25.61%	+13.91%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.49%	2.90%	-1.41%

Volatility

AAIIX vs. NPCT - Volatility Comparison

The current volatility for Ancora Income Fund (AAIIX) is 1.84%, while Nuveen Core Plus Impact Fund (NPCT) has a volatility of 4.90%. This indicates that AAIIX experiences smaller price fluctuations and is considered to be less risky than NPCT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	AAIIX	NPCT	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.84%	4.90%	-3.06%
Volatility (6M) Calculated over the trailing 6-month period	3.27%	6.53%	-3.26%
Volatility (1Y) Calculated over the trailing 1-year period	5.61%	11.93%	-6.32%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	2,091.17%	13.15%	+2,078.02%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	1,478.49%	13.15%	+1,465.34%