Nuveen Strategic Income R3
Name
As of 06/04/2021Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
-0.6%
1 yr return
9.4%
3 Yr Avg Return
6.3%
5 Yr Avg Return
5.1%
Net Assets
$669 M
Holdings in Top 10
9.1%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 1.22%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 62.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$0
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 06/04/2021Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
FABSX - Profile
Distributions
- YTD Total Return -0.6%
- 3 Yr Annualized Total Return 6.3%
- 5 Yr Annualized Total Return 5.1%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 3.22%
- Dividend Yield 2.8%
- Dividend Distribution Frequency Monthly
Fund Details
-
Legal NameNuveen Strategic Income Fund
-
Fund Family NameNuveen
-
Inception DateSep 24, 2001
-
Shares Outstanding273609
-
Share ClassRetirement
-
CurrencyUSD
-
Domiciled CountryUnited States
-
ManagerDouglas Baker
Fund Description
FABSX - Performance
Return Ranking - Trailing
Period | FABSX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | -0.6% | -23.4% | 25.9% | 81.14% |
1 Yr | 9.4% | -33.8% | 53.1% | 57.57% |
3 Yr | 6.3%* | -10.9% | 11.5% | 15.50% |
5 Yr | 5.1%* | -13.9% | 14.6% | 33.02% |
10 Yr | 4.4%* | -1.9% | 12.5% | 31.44% |
* Annualized
Return Ranking - Calendar
Period | FABSX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 4.3% | -49.2% | 314.3% | 20.60% |
2022 | 9.1% | -35.1% | 15.3% | 2.80% |
2021 | -6.8% | -48.0% | 3.4% | 74.96% |
2020 | 0.4% | -14.8% | 11.2% | 75.61% |
2019 | 3.7% | -11.2% | 10.7% | 39.33% |
Total Return Ranking - Trailing
Period | FABSX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | -0.6% | -23.4% | 26.4% | 80.76% |
1 Yr | 9.4% | -37.6% | 53.1% | 48.32% |
3 Yr | 6.3%* | -12.6% | 11.5% | 14.01% |
5 Yr | 5.1%* | -14.9% | 14.6% | 29.05% |
10 Yr | 4.4%* | -1.9% | 12.5% | 28.05% |
* Annualized
Total Return Ranking - Calendar
Period | FABSX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 4.3% | -49.2% | 314.3% | 20.60% |
2022 | 9.1% | -35.1% | 15.3% | 2.80% |
2021 | -6.8% | -48.0% | 8.0% | 80.65% |
2020 | 0.4% | -14.8% | 15.2% | 83.51% |
2019 | 3.7% | -11.2% | 17.7% | 53.56% |
NAV & Total Return History
FABSX - Holdings
Concentration Analysis
FABSX | Category Low | Category High | FABSX % Rank | |
---|---|---|---|---|
Net Assets | 669 M | 1.57 M | 139 B | 49.80% |
Number of Holdings | 676 | 3 | 8055 | 35.67% |
Net Assets in Top 10 | 64.7 M | -4.67 B | 5.97 B | 48.92% |
Weighting of Top 10 | 9.12% | 4.2% | 100.0% | 91.35% |
Top 10 Holdings
- Federal National Mortgage Association 2.5% 3.31%
- Government National Mortgage Association 2.5% 3.11%
- Federal National Mortgage Association 2% 3.05%
- Government National Mortgage Association 2.5% 3.01%
- Government National Mortgage Association 2.5% 2.73%
- Government National Mortgage Association 2.5% 2.55%
- Federal National Mortgage Association 2.5% 2.55%
- Government National Mortgage Association 2.5% 2.34%
- Federal National Mortgage Association 2.5% 2.33%
- Federal National Mortgage Association 2% 2.29%
Asset Allocation
Weighting | Return Low | Return High | FABSX % Rank | |
---|---|---|---|---|
Bonds | 85.03% | -148.49% | 302.14% | 53.50% |
Cash | 9.26% | -210.92% | 260.09% | 40.76% |
Convertible Bonds | 4.49% | 0.00% | 206.37% | 23.44% |
Preferred Stocks | 1.23% | 0.00% | 33.20% | 19.11% |
Stocks | 0.00% | -84.00% | 190.25% | 82.29% |
Other | 0.00% | -45.66% | 106.30% | 64.97% |
Bond Sector Breakdown
Weighting | Return Low | Return High | FABSX % Rank | |
---|---|---|---|---|
Corporate | 54.17% | 0.00% | 100.00% | 34.52% |
Securitized | 30.60% | 0.00% | 97.98% | 28.41% |
Cash & Equivalents | 9.33% | 0.00% | 100.00% | 46.24% |
Government | 5.19% | 0.00% | 99.63% | 60.38% |
Municipal | 0.71% | 0.00% | 55.87% | 13.25% |
Derivative | 0.00% | 0.00% | 67.54% | 78.73% |
Bond Geographic Breakdown
Weighting | Return Low | Return High | FABSX % Rank | |
---|---|---|---|---|
US | 66.05% | -148.77% | 209.58% | 43.18% |
Non US | 18.98% | 0.00% | 105.85% | 49.94% |
FABSX - Expenses
Operational Fees
FABSX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 1.22% | 0.01% | 6.50% | 48.49% |
Management Fee | 0.54% | 0.00% | 2.25% | 30.06% |
12b-1 Fee | 0.50% | 0.00% | 1.00% | 66.29% |
Administrative Fee | N/A | 0.01% | 0.70% | N/A |
Sales Fees
FABSX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 0.00% | 5.75% | N/A |
Deferred Load | N/A | 1.00% | 5.50% | N/A |
Trading Fees
FABSX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 0.40% | 2.00% | N/A |
Related Fees
Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.
FABSX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 62.00% | 0.00% | 498.00% | 28.72% |
FABSX - Distributions
Dividend Yield Analysis
FABSX | Category Low | Category High | FABSX % Rank | |
---|---|---|---|---|
Dividend Yield | 2.84% | 0.00% | 5.21% | 59.55% |
Dividend Distribution Analysis
FABSX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Monthly | Annually | Monthly | Monthly |
Net Income Ratio Analysis
FABSX | Category Low | Category High | FABSX % Rank | |
---|---|---|---|---|
Net Income Ratio | 3.22% | -1.28% | 11.44% | 49.74% |
Capital Gain Distribution Analysis
FABSX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Semi-Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Apr 01, 2019 | $0.028 | |
Mar 01, 2019 | $0.028 | |
Feb 01, 2019 | $0.028 | |
Dec 31, 2018 | $0.028 | |
Dec 03, 2018 | $0.028 | |
Oct 01, 2018 | $0.028 | |
Sep 04, 2018 | $0.028 | |
Aug 01, 2018 | $0.028 | |
Jul 02, 2018 | $0.028 | |
Jun 01, 2018 | $0.028 | |
May 01, 2018 | $0.028 | |
Apr 02, 2018 | $0.028 | |
Mar 01, 2018 | $0.028 | |
Feb 01, 2018 | $0.032 | |
Dec 29, 2017 | $0.032 | |
Dec 01, 2017 | $0.032 | |
Nov 01, 2017 | $0.037 | |
Oct 02, 2017 | $0.037 | |
Sep 01, 2017 | $0.037 | |
Aug 01, 2017 | $0.043 | |
Jul 03, 2017 | $0.043 | |
Jun 01, 2017 | $0.043 | |
May 01, 2017 | $0.043 | |
Apr 03, 2017 | $0.043 | |
Mar 01, 2017 | $0.043 | |
Feb 01, 2017 | $0.043 | |
Dec 30, 2016 | $0.043 | |
Nov 01, 2016 | $0.043 | |
Oct 03, 2016 | $0.043 | |
Sep 01, 2016 | $0.043 | |
Aug 01, 2016 | $0.043 | |
Jul 01, 2016 | $0.043 | |
Jun 01, 2016 | $0.043 | |
May 02, 2016 | $0.043 | |
Apr 01, 2016 | $0.043 | |
Mar 01, 2016 | $0.043 | |
Feb 01, 2016 | $0.043 | |
Dec 31, 2015 | $0.043 | |
Dec 01, 2015 | $0.043 | |
Nov 02, 2015 | $0.043 | |
Oct 01, 2015 | $0.043 | |
Sep 01, 2015 | $0.043 | |
Aug 03, 2015 | $0.043 | |
Jul 01, 2015 | $0.043 | |
Jun 01, 2015 | $0.043 | |
May 01, 2015 | $0.043 | |
Apr 01, 2015 | $0.043 | |
Mar 02, 2015 | $0.043 | |
Feb 02, 2015 | $0.043 | |
Dec 31, 2014 | $0.043 | |
Nov 03, 2014 | $0.045 | |
Oct 01, 2014 | $0.045 | |
Sep 02, 2014 | $0.045 | |
Aug 01, 2014 | $0.045 | |
Jul 01, 2014 | $0.045 | |
Jun 02, 2014 | $0.045 | |
May 01, 2014 | $0.045 | |
Apr 01, 2014 | $0.045 | |
Mar 03, 2014 | $0.045 | |
Feb 03, 2014 | $0.043 | |
Dec 31, 2013 | $0.043 | |
Dec 02, 2013 | $0.043 | |
Nov 01, 2013 | $0.043 | |
Oct 01, 2013 | $0.043 | |
Sep 03, 2013 | $0.043 | |
Aug 01, 2013 | $0.043 | |
Jul 01, 2013 | $0.043 | |
Jun 03, 2013 | $0.043 | |
May 01, 2013 | $0.040 | |
Apr 01, 2013 | $0.040 | |
Mar 01, 2013 | $0.040 | |
Feb 01, 2013 | $0.040 | |
Dec 31, 2012 | $0.040 | |
Dec 03, 2012 | $0.040 | |
Nov 01, 2012 | $0.036 | |
Oct 01, 2012 | $0.036 | |
Sep 04, 2012 | $0.036 | |
Aug 01, 2012 | $0.034 | |
Jul 02, 2012 | $0.034 | |
Jun 01, 2012 | $0.034 | |
May 01, 2012 | $0.034 | |
Apr 02, 2012 | $0.034 | |
Mar 01, 2012 | $0.034 | |
Feb 01, 2012 | $0.033 | |
Dec 30, 2011 | $0.033 | |
Nov 01, 2011 | $0.033 | |
Oct 03, 2011 | $0.033 | |
Sep 01, 2011 | $0.033 | |
Aug 01, 2011 | $0.033 | |
Jul 01, 2011 | $0.033 | |
Jun 01, 2011 | $0.033 | |
May 02, 2011 | $0.033 | |
Apr 01, 2011 | $0.033 | |
Mar 01, 2011 | $0.033 | |
Jan 31, 2011 | $0.033 | |
Dec 31, 2010 | $0.033 | |
Nov 30, 2010 | $0.033 | |
Oct 29, 2010 | $0.033 | |
Sep 30, 2010 | $0.033 | |
Aug 31, 2010 | $0.033 | |
Jul 30, 2010 | $0.036 | |
Jun 30, 2010 | $0.038 | |
May 28, 2010 | $0.038 | |
Apr 30, 2010 | $0.038 | |
Mar 31, 2010 | $0.038 | |
Feb 26, 2010 | $0.039 | |
Jan 29, 2010 | $0.038 | |
Dec 31, 2009 | $0.042 | |
Nov 30, 2009 | $0.043 | |
Oct 30, 2009 | $0.046 | |
Sep 30, 2009 | $0.046 | |
Aug 31, 2009 | $0.049 | |
Jul 31, 2009 | $0.049 | |
Jun 30, 2009 | $0.051 | |
May 29, 2009 | $0.050 | |
Apr 30, 2009 | $0.050 | |
Mar 31, 2009 | $0.047 | |
Feb 27, 2009 | $0.047 | |
Jan 30, 2009 | $0.047 | |
Dec 31, 2008 | $0.051 | |
Nov 28, 2008 | $0.051 | |
Oct 31, 2008 | $0.056 | |
Sep 30, 2008 | $0.056 | |
Aug 29, 2008 | $0.053 | |
Jul 31, 2008 | $0.051 | |
Jun 30, 2008 | $0.051 | |
May 30, 2008 | $0.046 | |
Apr 30, 2008 | $0.040 | |
Mar 31, 2008 | $0.036 | |
Feb 29, 2008 | $0.036 | |
Jan 31, 2008 | $0.035 | |
Dec 31, 2007 | $0.035 | |
Nov 30, 2007 | $0.035 | |
Oct 31, 2007 | $0.035 | |
Sep 28, 2007 | $0.033 | |
Aug 31, 2007 | $0.033 | |
Jul 31, 2007 | $0.033 | |
Jun 29, 2007 | $0.033 | |
May 31, 2007 | $0.033 | |
Apr 30, 2007 | $0.033 | |
Mar 30, 2007 | $0.035 | |
Feb 28, 2007 | $0.037 | |
Jan 31, 2007 | $0.037 | |
Dec 29, 2006 | $0.039 | |
Nov 30, 2006 | $0.039 | |
Oct 27, 2006 | $0.038 | |
Sep 22, 2006 | $0.038 | |
Aug 25, 2006 | $0.037 | |
Jul 28, 2006 | $0.036 | |
Jun 23, 2006 | $0.033 | |
May 26, 2006 | $0.032 | |
Apr 21, 2006 | $0.032 | |
Mar 24, 2006 | $0.031 | |
Feb 24, 2006 | $0.031 | |
Jan 27, 2006 | $0.030 | |
Dec 22, 2005 | $0.036 | |
Nov 23, 2005 | $0.031 | |
Oct 21, 2005 | $0.030 | |
Sep 23, 2005 | $0.031 | |
Aug 26, 2005 | $0.029 | |
Jul 22, 2005 | $0.032 | |
Jun 23, 2005 | $0.032 | |
May 20, 2005 | $0.034 | |
Apr 22, 2005 | $0.033 | |
Mar 28, 2005 | $0.034 | |
Feb 25, 2005 | $0.035 | |
Jan 21, 2005 | $0.036 | |
Dec 22, 2004 | $0.039 | |
Nov 24, 2004 | $0.035 | |
Oct 25, 2004 | $0.037 | |
Sep 27, 2004 | $0.037 | |
Aug 27, 2004 | $0.036 | |
Jul 23, 2004 | $0.037 | |
May 21, 2004 | $0.038 | |
Apr 26, 2004 | $0.036 | |
Mar 26, 2004 | $0.039 | |
Feb 23, 2004 | $0.040 | |
Jan 26, 2004 | $0.040 | |
Dec 23, 2003 | $0.040 | |
Nov 24, 2003 | $0.040 | |
Oct 22, 2003 | $0.040 | |
Sep 16, 2003 | $0.040 | |
Aug 18, 2003 | $0.041 | |
Jul 22, 2003 | $0.041 | |
Jun 24, 2003 | $0.040 | |
May 22, 2003 | $0.040 | |
Apr 23, 2003 | $0.041 | |
Mar 25, 2003 | $0.043 | |
Feb 21, 2003 | $0.044 | |
Jan 23, 2003 | $0.045 | |
Dec 23, 2002 | $0.046 | |
Nov 22, 2002 | $0.046 | |
Oct 23, 2002 | $0.046 | |
Sep 24, 2002 | $0.046 | |
Aug 22, 2002 | $0.048 | |
Jul 23, 2002 | $0.048 | |
Jun 21, 2002 | $0.048 | |
May 22, 2002 | $0.046 | |
Apr 23, 2002 | $0.046 | |
Mar 22, 2002 | $0.043 | |
Feb 22, 2002 | $0.046 | |
Jan 23, 2002 | $0.048 | |
Dec 21, 2001 | $0.048 | |
Oct 24, 2001 | $0.058 |
FABSX - Fund Manager Analysis
Managers
Douglas Baker
Start Date
Tenure
Tenure Rank
Mar 18, 2016
5.21
5.2%
Mr. Baker is the head of the Preferred Securities Sector Team and a member of the Fixed Income Strategy Committee, which establishes investment policy for all taxable fixed income products. He co-leads the taxable fixed income credit oversight process, which provides a structure for implementing credit strategy across taxable fixed income. As a senior fixed income portfolio manager, he is the lead manager for Nuveen Asset Management’s Preferred Securities related strategies, as well as a co-portfolio manager for the Multi-Sector, Core Plus Bond, and Inflation Protected Municipal Bond strategie
Katherine Renfrew
Start Date
Tenure
Tenure Rank
Mar 26, 2019
2.18
2.2%
Katherine Rendrew works as managing director in Nuveen Asset Managemtn and other advisory affiliates.
Kevin Lorenz
Start Date
Tenure
Tenure Rank
Mar 26, 2019
2.18
2.2%
Kevin is a portfolio manager for Nuveen’s global fixed income team and heads the leveraged finance sector team, which selects high yield and leveraged loan securities for all portfolios. He is also the lead portfolio manager for the High Yield strategies, co-manager of the Multi-Sector Bond strategy and a member of the Investment Committee, which establishes investment policy for all global fixed income products. Kevin has served in a variety of roles since joining the firm in 1987. He has been investing in high yield over his entire career and has focused exclusively on high yield since 1995. He began his career at the firm as a generalist focusing on the private placement market. Kevin has been quoted in The New York Times, Barron’s, The Wall Street Journal, Reuters and other financial press as well as appearances on CNBC for his seasoned views on the high yield asset class. Kevin graduated with a B.S. in Accounting from Rider University and an M.B.A. in Finance from Indiana University. He holds the CFA designation and is a member of the New York Society of Security Analysts. CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.
Nicholas Travaglino
Start Date
Tenure
Tenure Rank
Mar 26, 2019
2.18
2.2%
Nicholas is a portfolio manager for Nuveen’s global fixed income team and leads the securitized sector team, which selects residential mortgagebacked, commercial mortgage-backed and asset-backed securities for all portfolios. He is also the co-manager of the Inflation-Linked Bond strategy and the Multi-Sector Bond strategy. Nick is also a member of the Investment Committee, which establishes investment policy for all global fixed income products. Prior to joining the firm in 2014, Nicholas worked for Royal Bank of Canada Capital Markets, where he managed a $2 billion Agency MBS position within RBC’s proprietary trading unit. He also worked for Citigroup Global Markets, where he was responsible for positioning and trading Citi’s long duration CMO book. Nicholas began his career in portfolio management at Freddie Mac and entered the investment industry since 1997. Nicholas graduated with a B.S. in Commerce, with concentrations in Finance and Marketing, from the University of Virginia.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.03 | 27.43 | 5.49 | 2.19 |