NMAI vs. NPSRX
Compare and contrast key facts about Nuveen Multi-Asset Income Fund (NMAI) and Nuveen Preferred Securities & Income Fund (NPSRX).
NMAI is an actively managed fund by Nuveen. It was launched on Nov 22, 2021. NPSRX is managed by Nuveen. It was launched on Dec 18, 2006.
Performance
NMAI vs. NPSRX - Performance Comparison
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NMAI vs. NPSRX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
NMAI Nuveen Multi-Asset Income Fund | -0.81% | 20.03% | 11.65% | 19.52% | -26.38% | -1.71% |
NPSRX Nuveen Preferred Securities & Income Fund | -1.08% | 11.19% | 9.12% | 6.19% | -9.50% | 0.89% |
Returns By Period
In the year-to-date period, NMAI achieves a -0.81% return, which is significantly higher than NPSRX's -1.08% return.
NMAI
- 1D
- 1.61%
- 1M
- -7.60%
- YTD
- -0.81%
- 6M
- 1.95%
- 1Y
- 14.82%
- 3Y*
- 15.51%
- 5Y*
- —
- 10Y*
- —
NPSRX
- 1D
- 0.88%
- 1M
- -2.09%
- YTD
- -1.08%
- 6M
- 1.23%
- 1Y
- 7.83%
- 3Y*
- 9.93%
- 5Y*
- 3.62%
- 10Y*
- 5.31%
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NMAI vs. NPSRX - Expense Ratio Comparison
NMAI has a 2.91% expense ratio, which is higher than NPSRX's 0.74% expense ratio.
Return for Risk
NMAI vs. NPSRX — Risk / Return Rank
NMAI
NPSRX
NMAI vs. NPSRX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Nuveen Multi-Asset Income Fund (NMAI) and Nuveen Preferred Securities & Income Fund (NPSRX). 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.
| NMAI | NPSRX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.97 | 2.15 | -1.18 |
Sortino ratioReturn per unit of downside risk | 1.36 | 2.98 | -1.62 |
Omega ratioGain probability vs. loss probability | 1.21 | 1.53 | -0.32 |
Calmar ratioReturn relative to maximum drawdown | 1.28 | 2.42 | -1.14 |
Martin ratioReturn relative to average drawdown | 5.10 | 9.75 | -4.65 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| NMAI | NPSRX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.97 | 2.15 | -1.18 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 0.73 | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.84 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.20 | 0.49 | -0.29 |
Correlation
The correlation between NMAI and NPSRX is 0.48, 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
NMAI vs. NPSRX - Dividend Comparison
NMAI's dividend yield for the trailing twelve months is around 9.68%, more than NPSRX's 5.92% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
NMAI Nuveen Multi-Asset Income Fund | 9.68% | 9.89% | 13.73% | 10.57% | 19.45% | 1.88% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
NPSRX Nuveen Preferred Securities & Income Fund | 5.92% | 5.72% | 5.38% | 5.87% | 6.18% | 4.97% | 5.02% | 5.39% | 6.00% | 5.51% | 5.81% | 6.20% |
Drawdowns
NMAI vs. NPSRX - Drawdown Comparison
The maximum NMAI drawdown since its inception was -35.61%, smaller than the maximum NPSRX drawdown of -62.52%. Use the drawdown chart below to compare losses from any high point for NMAI and NPSRX.
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Drawdown Indicators
| NMAI | NPSRX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -35.61% | -62.52% | +26.91% |
Max Drawdown (1Y)Largest decline over 1 year | -11.88% | -3.46% | -8.42% |
Max Drawdown (5Y)Largest decline over 5 years | — | -17.65% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -26.47% | — |
Current DrawdownCurrent decline from peak | -7.93% | -2.45% | -5.48% |
Average DrawdownAverage peak-to-trough decline | -13.00% | -4.85% | -8.15% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.98% | 0.86% | +2.12% |
Volatility
NMAI vs. NPSRX - Volatility Comparison
Nuveen Multi-Asset Income Fund (NMAI) has a higher volatility of 6.43% compared to Nuveen Preferred Securities & Income Fund (NPSRX) at 1.59%. This indicates that NMAI's price experiences larger fluctuations and is considered to be riskier than NPSRX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| NMAI | NPSRX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.43% | 1.59% | +4.84% |
Volatility (6M)Calculated over the trailing 6-month period | 9.64% | 2.34% | +7.30% |
Volatility (1Y)Calculated over the trailing 1-year period | 15.34% | 3.71% | +11.63% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.61% | 4.97% | +11.64% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.61% | 6.32% | +10.29% |