NSIOX vs. PLFRX
Compare and contrast key facts about Nuveen Strategic Municipal Opportunities Fund (NSIOX) and Pacific Funds Floating Rate Income (PLFRX).
NSIOX is managed by Nuveen. It was launched on Dec 15, 2014. PLFRX is managed by Pacific Funds Series Trust. It was launched on Jun 29, 2011.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: NSIOX or PLFRX.
Correlation
The correlation between NSIOX and PLFRX is 0.24, 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
NSIOX vs. PLFRX - Performance Comparison
Key characteristics
NSIOX:
0.54
PLFRX:
1.99
NSIOX:
0.74
PLFRX:
3.88
NSIOX:
1.13
PLFRX:
1.79
NSIOX:
0.34
PLFRX:
2.57
NSIOX:
2.09
PLFRX:
12.57
NSIOX:
1.48%
PLFRX:
0.44%
NSIOX:
5.73%
PLFRX:
2.80%
NSIOX:
-19.56%
PLFRX:
-18.75%
NSIOX:
-6.43%
PLFRX:
-0.17%
Returns By Period
In the year-to-date period, NSIOX achieves a -1.04% return, which is significantly lower than PLFRX's 0.55% return. Over the past 10 years, NSIOX has underperformed PLFRX with an annualized return of 2.98%, while PLFRX has yielded a comparatively higher 4.76% annualized return.
NSIOX
-1.04%
-2.33%
-0.51%
2.48%
1.81%
2.98%
PLFRX
0.55%
1.38%
1.98%
5.45%
7.30%
4.76%
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NSIOX vs. PLFRX - Expense Ratio Comparison
NSIOX has a 0.56% expense ratio, which is lower than PLFRX's 0.68% expense ratio.
Risk-Adjusted Performance
NSIOX vs. PLFRX — Risk-Adjusted Performance Rank
NSIOX
PLFRX
NSIOX vs. PLFRX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Nuveen Strategic Municipal Opportunities Fund (NSIOX) and Pacific Funds Floating Rate Income (PLFRX). 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
NSIOX vs. PLFRX - Dividend Comparison
NSIOX's dividend yield for the trailing twelve months is around 4.50%, less than PLFRX's 7.96% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
NSIOX Nuveen Strategic Municipal Opportunities Fund | 4.50% | 4.28% | 3.87% | 3.24% | 2.63% | 2.62% | 2.81% | 3.12% | 3.24% | 3.18% | 2.53% | 0.00% |
PLFRX Pacific Funds Floating Rate Income | 7.96% | 8.47% | 8.92% | 5.66% | 3.93% | 4.06% | 5.14% | 5.08% | 4.46% | 4.22% | 4.51% | 4.58% |
Drawdowns
NSIOX vs. PLFRX - Drawdown Comparison
The maximum NSIOX drawdown since its inception was -19.56%, roughly equal to the maximum PLFRX drawdown of -18.75%. Use the drawdown chart below to compare losses from any high point for NSIOX and PLFRX. For additional features, visit the drawdowns tool.
Volatility
NSIOX vs. PLFRX - Volatility Comparison
Nuveen Strategic Municipal Opportunities Fund (NSIOX) has a higher volatility of 4.45% compared to Pacific Funds Floating Rate Income (PLFRX) at 1.55%. This indicates that NSIOX's price experiences larger fluctuations and is considered to be riskier than PLFRX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.