NMI vs. KYN
Compare and contrast key facts about Nuveen Municipal Income Fund, Inc. (NMI) and Kayne Anderson Energy Infrastructure Fund, Inc. (KYN).
NMI is managed by Nuveen. It was launched on Apr 20, 1998.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: NMI or KYN.
Correlation
The correlation between NMI and KYN is 0.10, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
NMI vs. KYN - Performance Comparison
Key characteristics
NMI:
1.49
KYN:
3.28
NMI:
2.22
KYN:
4.25
NMI:
1.27
KYN:
1.54
NMI:
0.65
KYN:
1.38
NMI:
3.87
KYN:
20.23
NMI:
3.13%
KYN:
2.95%
NMI:
8.14%
KYN:
18.22%
NMI:
-28.82%
KYN:
-91.43%
NMI:
-7.45%
KYN:
-10.12%
Returns By Period
In the year-to-date period, NMI achieves a 6.57% return, which is significantly higher than KYN's 3.55% return. Over the past 10 years, NMI has outperformed KYN with an annualized return of 2.23%, while KYN has yielded a comparatively lower -0.08% annualized return.
NMI
6.57%
3.94%
0.74%
12.25%
0.78%
2.23%
KYN
3.55%
-3.25%
29.97%
56.12%
10.64%
-0.08%
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Risk-Adjusted Performance
NMI vs. KYN — Risk-Adjusted Performance Rank
NMI
KYN
NMI vs. KYN - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Nuveen Municipal Income Fund, Inc. (NMI) and Kayne Anderson Energy Infrastructure Fund, Inc. (KYN). 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.
Dividends
NMI vs. KYN - Dividend Comparison
NMI's dividend yield for the trailing twelve months is around 4.46%, less than KYN's 7.69% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
NMI Nuveen Municipal Income Fund, Inc. | 4.46% | 4.63% | 4.07% | 3.67% | 3.23% | 3.53% | 4.15% | 5.12% | 4.26% | 4.50% | 4.32% | 4.56% |
KYN Kayne Anderson Energy Infrastructure Fund, Inc. | 7.69% | 8.34% | 9.45% | 9.05% | 6.42% | 16.17% | 10.34% | 14.17% | 9.97% | 11.24% | 15.21% | 6.61% |
Drawdowns
NMI vs. KYN - Drawdown Comparison
The maximum NMI drawdown since its inception was -28.82%, smaller than the maximum KYN drawdown of -91.43%. Use the drawdown chart below to compare losses from any high point for NMI and KYN. For additional features, visit the drawdowns tool.
Volatility
NMI vs. KYN - Volatility Comparison
The current volatility for Nuveen Municipal Income Fund, Inc. (NMI) is 2.73%, while Kayne Anderson Energy Infrastructure Fund, Inc. (KYN) has a volatility of 5.39%. This indicates that NMI experiences smaller price fluctuations and is considered to be less risky than KYN based on this measure. The chart below showcases a comparison of their rolling one-month volatility.