A compote is a mixture of fresh (or frozen) fruit, sugar, and spices simmered together to make tasty, chunky sauce. For this easy peach compote, I sautéed fresh peaches and warm spices (cinnamon, nutmeg, and vanilla). You can make a compote of pretty much any fruit (apples are another favorite of mine!) and it is a great way to extend the shelf life of fruit that may getting too ripe.