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NVG vs. MUNIX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

NVG vs. MUNIX

Last updated May 15, 2025

Compare and contrast key facts about Nuveen AMT-Free Municipal Credit Income Fund (NVG) and AlphaCentric SWBC Municipal Opportunities Fund (MUNIX).

MUNIX is managed by AlphaCentric Funds. It was launched on Dec 30, 2019.

Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: NVG or MUNIX.

Correlation

The correlation between NVG and MUNIX is 0.22, 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

NVG vs. MUNIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Nuveen AMT-Free Municipal Credit Income Fund (NVG) and AlphaCentric SWBC Municipal Opportunities Fund (MUNIX). The values are adjusted to include any dividend payments, if applicable.

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Key characteristics

Returns By Period

NVG

YTD

0.10%

1M

3.09%

6M

-3.99%

1Y

7.83%

5Y*

2.07%

10Y*

4.13%

MUNIX

YTD

N/A

1M

N/A

6M

N/A

1Y

N/A

5Y*

N/A

10Y*

N/A

*Annualized

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Risk-Adjusted Performance

NVG vs. MUNIX — Risk-Adjusted Performance Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
NVG
The Risk-Adjusted Performance Rank of NVG is 6767
Overall Rank
The Sharpe Ratio Rank of NVG is 7474
Sharpe Ratio Rank
The Sortino Ratio Rank of NVG is 6262
Sortino Ratio Rank
The Omega Ratio Rank of NVG is 6363
Omega Ratio Rank
The Calmar Ratio Rank of NVG is 6464
Calmar Ratio Rank
The Martin Ratio Rank of NVG is 7070
Martin Ratio Rank
MUNIX
The Risk-Adjusted Performance Rank of MUNIX is 2020
Overall Rank
The Sharpe Ratio Rank of MUNIX is 2222
Sharpe Ratio Rank
The Sortino Ratio Rank of MUNIX is 2020
Sortino Ratio Rank
The Omega Ratio Rank of MUNIX is 2525
Omega Ratio Rank
The Calmar Ratio Rank of MUNIX is 1515
Calmar Ratio Rank
The Martin Ratio Rank of MUNIX is 1717
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

NVG vs. MUNIX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Nuveen AMT-Free Municipal Credit Income Fund (NVG) and AlphaCentric SWBC Municipal Opportunities Fund (MUNIX). 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.

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Dividends

NVG vs. MUNIX - Dividend Comparison

NVG's dividend yield for the trailing twelve months is around 7.93%, while MUNIX has not paid dividends to shareholders.

TTM20242023202220212020201920182017201620152014
NVG
Nuveen AMT-Free Municipal Credit Income Fund		7.93%6.74%4.45%6.18%4.69%5.24%4.95%6.07%5.67%6.17%5.46%5.84%
MUNIX
AlphaCentric SWBC Municipal Opportunities Fund		0.00%0.63%4.60%3.33%3.79%1.81%0.00%0.00%0.00%0.00%0.00%0.00%

Drawdowns

NVG vs. MUNIX - Drawdown Comparison

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Volatility

NVG vs. MUNIX - Volatility Comparison

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