Name
As of 04/23/2024Price
Aum/Mkt Cap
YIELD
Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.
Exp Ratio
Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.
Watchlist
Vitals
YTD Return
3.4%
1 yr return
9.6%
3 Yr Avg Return
4.0%
5 Yr Avg Return
6.8%
Net Assets
$132 M
Holdings in Top 10
25.8%
52 WEEK LOW AND HIGH
$32.3
N/A
N/A
Expenses
OPERATING FEES
Expense Ratio 2.03%
SALES FEES
Front Load N/A
Deferred Load 1.00%
TRADING FEES
Turnover 42.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$3,000
IRA
$2,500
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 04/23/2024Price
Aum/Mkt Cap
YIELD
Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.
Exp Ratio
Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.
Watchlist
NQGCX - Profile
Distributions
- YTD Total Return 3.4%
- 3 Yr Annualized Total Return 4.0%
- 5 Yr Annualized Total Return 6.8%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 1.64%
- Dividend Yield 1.9%
- Dividend Distribution Frequency Quarterly
Fund Details
-
Legal NameNuveen Global Equity Income Fund
-
Fund Family NameNuveen Funds
-
Inception DateJun 16, 2014
-
Shares OutstandingN/A
-
Share ClassC
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerJames Stephenson
Fund Description
The Fund will generally focus its investments on income producing securities. Under normal market conditions, the Fund will invest at least 80% of the sum of its net assets and the amount of any borrowings for investment purposes in equity securities, including common stock and preferred securities, certain debt securities convertible into common stock or preferred securities, and other securities with equity characteristics.
Up to 20% of the Fund’s net assets may be invested in debt securities, including corporate debt securities and U.S. government and agency debt securities. The Fund may invest up to 10% of its net assets in below-investment-grade debt securities, commonly referred to as “high yield” securities or “junk” bonds.
The Fund may write covered call options in order to generate additional income.
The Fund may invest in securities of issuers located anywhere in the world. The minimum portion of the Fund’s net assets invested in non-U.S. securities floats based on the portion of the Fund’s benchmark (the MSCI World Value Index) that is composed of non-U.S. securities. Under normal market conditions, the minimum portion of the Fund’s net assets (plus the amount of any borrowings for investment purposes) invested in non-U.S. securities will be 80% of the MSCI World Value Index’s non-U.S. assets, calculated on a daily basis. During periods of unfavorable market conditions, the minimum portion of the Fund’s net assets invested in non-U.S. securities will be reduced to 50% of the MSCI World Value Index’s non-U.S. assets. The Fund will invest in securities of companies representing at least three different countries (one of which may be the United States). The Fund may invest up to 20% of its net assets in securities of companies located in emerging markets. The Fund may invest in securities issued by companies of any market capitalization, including small- and mid-capitalization companies.
The Fund may utilize the following derivatives: currency options, currency futures and options on such futures, and currency forwards. The Fund may use these derivatives in an attempt to manage market or business risk, enhance the Fund’s return, or hedge against adverse movements in currency exchange rates.
The Fund’s sub-adviser employs a rigorous, bottom-up research-focused investment process that seeks to identify undervalued companies with positive risk/reward characteristics it believes will be present over an extended time, regardless of interim fluctuations. The sub-adviser may choose to sell securities or reduce positions if it feels that a company no longer possesses favorable risk/reward characteristics, attractive valuations or a catalyst, or if a company suspends or is projected to suspend its dividend or interest payments.
NQGCX - Performance
Return Ranking - Trailing
| Period | NQGCX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 3.4% | -35.6% | 29.2% | 8.39% |
| 1 Yr | 9.6% | 17.3% | 252.4% | 59.32% |
| 3 Yr | 4.0%* | -3.5% | 34.6% | 93.43% |
| 5 Yr | 6.8%* | 0.1% | 32.7% | 94.23% |
| 10 Yr | N/A* | -6.9% | 18.3% | 88.31% |
* Annualized
Return Ranking - Calendar
| Period | NQGCX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 11.5% | -24.3% | 957.1% | 87.35% |
| 2022 | -13.8% | -38.3% | 47.1% | 54.99% |
| 2021 | 18.5% | -54.2% | 0.6% | 78.06% |
| 2020 | -1.9% | -76.0% | 54.1% | 74.96% |
| 2019 | 20.5% | -26.1% | 47.8% | 65.55% |
Total Return Ranking - Trailing
| Period | NQGCX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 3.4% | -35.6% | 29.2% | 8.50% |
| 1 Yr | 9.6% | 11.4% | 252.4% | 58.86% |
| 3 Yr | 4.0%* | -3.5% | 34.6% | 91.61% |
| 5 Yr | 6.8%* | 0.1% | 32.7% | 93.29% |
| 10 Yr | N/A* | -6.9% | 18.3% | 87.01% |
* Annualized
Total Return Ranking - Calendar
| Period | NQGCX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 13.4% | -24.3% | 957.1% | 87.35% |
| 2022 | -10.2% | -33.1% | 47.1% | 55.37% |
| 2021 | 21.4% | -44.4% | 1.8% | 67.16% |
| 2020 | 0.3% | -6.5% | 54.1% | 77.01% |
| 2019 | 23.1% | -14.4% | 47.8% | 69.38% |
NAV & Total Return History
NQGCX - Holdings
Concentration Analysis
| NQGCX | Category Low | Category High | NQGCX % Rank | |
|---|---|---|---|---|
| Net Assets | 132 M | 199 K | 133 B | 65.46% |
| Number of Holdings | 55 | 1 | 9075 | 58.70% |
| Net Assets in Top 10 | 34.2 M | -18 M | 37.6 B | 68.50% |
| Weighting of Top 10 | 25.81% | 9.1% | 100.0% | 61.33% |
Top 10 Holdings
- Sumitomo Mitsui Trust Holdings Inc 3.11%
- Nordea Bank Abp 3.00%
- Deutsche Boerse AG 2.76%
- Broadcom Inc 2.67%
- Heineken NV 2.62%
- Humana Inc 2.48%
- Shell PLC 2.44%
- Sanofi 2.25%
- Walmart Inc 2.24%
- ATT Inc 2.24%
Asset Allocation
| Weighting | Return Low | Return High | NQGCX % Rank | |
|---|---|---|---|---|
| Stocks | 97.98% | 61.84% | 125.47% | 80.95% |
| Cash | 1.26% | -174.70% | 23.12% | 43.06% |
| Bonds | 0.76% | -1.50% | 161.67% | 41.63% |
| Preferred Stocks | 0.00% | -0.01% | 5.28% | 0.22% |
| Other | 0.00% | -13.98% | 19.14% | 51.43% |
| Convertible Bonds | 0.00% | 0.00% | 4.46% | 38.44% |
Stock Sector Breakdown
| Weighting | Return Low | Return High | NQGCX % Rank | |
|---|---|---|---|---|
| Financial Services | 19.88% | 0.00% | 38.42% | 17.29% |
| Healthcare | 17.04% | 0.00% | 35.42% | 53.74% |
| Industrials | 13.12% | 0.00% | 44.06% | 16.19% |
| Technology | 11.53% | 0.00% | 49.87% | 82.27% |
| Energy | 7.14% | 0.00% | 21.15% | 5.18% |
| Communication Services | 6.59% | 0.00% | 57.66% | 60.90% |
| Basic Materials | 6.45% | 0.00% | 38.60% | 22.69% |
| Consumer Defense | 6.33% | 0.00% | 73.28% | 54.52% |
| Consumer Cyclical | 5.32% | 0.00% | 40.94% | 66.52% |
| Utilities | 5.03% | 0.00% | 29.12% | 40.31% |
| Real Estate | 1.59% | 0.00% | 39.48% | 83.26% |
Stock Geographic Breakdown
| Weighting | Return Low | Return High | NQGCX % Rank | |
|---|---|---|---|---|
| Non US | 50.93% | 0.58% | 99.46% | 21.81% |
| US | 47.06% | 0.13% | 103.82% | 81.06% |
Bond Sector Breakdown
| Weighting | Return Low | Return High | NQGCX % Rank | |
|---|---|---|---|---|
| Corporate | 55.34% | 0.00% | 99.70% | 2.01% |
| Derivative | 0.00% | 0.00% | 100.00% | 42.39% |
| Cash & Equivalents | 0.00% | 0.00% | 100.00% | 93.74% |
| Securitized | 0.00% | 0.00% | 24.65% | 34.34% |
| Municipal | 0.00% | 0.00% | 0.70% | 34.34% |
| Government | 0.00% | 0.00% | 100.00% | 39.37% |
Bond Geographic Breakdown
| Weighting | Return Low | Return High | NQGCX % Rank | |
|---|---|---|---|---|
| US | 0.76% | -0.01% | 130.80% | 41.63% |
| Non US | 0.00% | -11.21% | 30.87% | 37.78% |
NQGCX - Expenses
Operational Fees
| NQGCX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 2.03% | 0.01% | 44.27% | 19.04% |
| Management Fee | 0.71% | 0.00% | 1.82% | 46.72% |
| 12b-1 Fee | 1.00% | 0.00% | 1.00% | 86.70% |
| Administrative Fee | N/A | 0.01% | 0.76% | N/A |
Sales Fees
| NQGCX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Front Load | N/A | 2.50% | 5.75% | N/A |
| Deferred Load | 1.00% | 1.00% | 5.00% | 45.00% |
Trading Fees
| NQGCX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Max Redemption Fee | N/A | 1.00% | 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.
| NQGCX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | 42.00% | 0.00% | 395.00% | 66.97% |
NQGCX - Distributions
Dividend Yield Analysis
| NQGCX | Category Low | Category High | NQGCX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 1.86% | 0.00% | 3.26% | 38.07% |
Dividend Distribution Analysis
| NQGCX | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | Quarterly | Annually | Annually | Annually |
Net Income Ratio Analysis
| NQGCX | Category Low | Category High | NQGCX % Rank | |
|---|---|---|---|---|
| Net Income Ratio | 1.64% | -4.27% | 12.65% | 23.64% |
Capital Gain Distribution Analysis
| NQGCX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Annually | Semi-Annually | Annually |
Distributions History
| Date | Amount | Type |
|---|---|---|
| Apr 01, 2024 | $0.151 | OrdinaryDividend |
| Dec 29, 2023 | $0.013 | OrdinaryDividend |
| Oct 02, 2023 | $0.098 | OrdinaryDividend |
| Jul 03, 2023 | $0.267 | OrdinaryDividend |
| Apr 03, 2023 | $0.128 | OrdinaryDividend |
| Dec 30, 2022 | $0.672 | OrdinaryDividend |
| Oct 03, 2022 | $0.085 | OrdinaryDividend |
| Jul 01, 2022 | $0.293 | OrdinaryDividend |
| Apr 01, 2022 | $0.120 | OrdinaryDividend |
| Dec 31, 2021 | $0.472 | OrdinaryDividend |
| Oct 01, 2021 | $0.058 | OrdinaryDividend |
| Jul 01, 2021 | $0.167 | OrdinaryDividend |
| Apr 01, 2021 | $0.082 | OrdinaryDividend |
| Dec 31, 2020 | $0.089 | OrdinaryDividend |
| Oct 01, 2020 | $0.140 | OrdinaryDividend |
| Jul 01, 2020 | $0.123 | OrdinaryDividend |
| Apr 01, 2020 | $0.154 | OrdinaryDividend |
| Dec 31, 2019 | $0.012 | OrdinaryDividend |
| Oct 01, 2019 | $0.140 | OrdinaryDividend |
| Jul 01, 2019 | $0.233 | OrdinaryDividend |
| Apr 01, 2019 | $0.187 | OrdinaryDividend |
| Dec 31, 2018 | $0.033 | OrdinaryDividend |
| Oct 01, 2018 | $0.068 | OrdinaryDividend |
| Jul 02, 2018 | $0.209 | OrdinaryDividend |
| Apr 02, 2018 | $0.154 | OrdinaryDividend |
| Dec 29, 2017 | $0.064 | OrdinaryDividend |
| Oct 02, 2017 | $0.195 | OrdinaryDividend |
| Jul 03, 2017 | $0.267 | OrdinaryDividend |
| Mar 23, 2017 | $0.367 | OrdinaryDividend |
| Dec 30, 2016 | $0.024 | OrdinaryDividend |
| Oct 03, 2016 | $0.081 | OrdinaryDividend |
| Jul 01, 2016 | $0.297 | OrdinaryDividend |
| Dec 31, 2015 | $0.023 | OrdinaryDividend |
| Oct 01, 2015 | $0.038 | OrdinaryDividend |
| Jul 01, 2015 | $0.229 | OrdinaryDividend |
| Apr 01, 2015 | $0.053 | OrdinaryDividend |
| Dec 31, 2014 | $0.018 | OrdinaryDividend |
| Oct 01, 2014 | $0.045 | OrdinaryDividend |
| Jul 01, 2014 | $0.250 | OrdinaryDividend |
| Apr 01, 2014 | $0.146 | OrdinaryDividend |
| Dec 31, 2013 | $0.034 | OrdinaryDividend |
| Oct 01, 2013 | $0.041 | OrdinaryDividend |
| Jul 01, 2013 | $0.083 | OrdinaryDividend |
| Apr 01, 2013 | $0.029 | OrdinaryDividend |
| Dec 31, 2012 | $0.053 | OrdinaryDividend |
| Oct 01, 2012 | $0.028 | OrdinaryDividend |
| Jul 02, 2012 | $0.082 | OrdinaryDividend |
NQGCX - Fund Manager Analysis
Managers
James Stephenson
Start Date
Tenure
Tenure Rank
Mar 31, 2012
10.17
10.2%
Prior to joining NWQ in 2006, Jim spent seven years at Bel Air Investment Advisors, LLC, formerly a State Street Global Advisors Company, where he was a managing director and partner. Most recently, Jim was chairman of the firm’s Equity Policy Committee and the portfolio manager for Bel Air’s Large Cap Core and Select Strategies. Previous to this, he spent five years as an analyst and portfolio manager at ARCO Investment Management Company. Prior to that, he was an equity analyst at Trust Company of the West. Jim received his BBA and MS in business from the University of Wisconsin-Madison, where he participated in the Applied Security Analysis Program. In addition, he holds the Chartered Financial Analyst® designation and is a member of the CFA® Institute and the Los Angeles Society of Financial Analysts. CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.
Thomas Ray
Start Date
Tenure
Tenure Rank
Feb 01, 2016
6.33
6.3%
Thomas J. Ray, CFA, is a Managing Director, Co-Head of Fixed Income and Portfolio Manager/Analyst at NWQ Investment Management Company, LLC (“NWQ”). Prior to joining NWQ in 2015, Tom was a Private Investor. Prior to that, he served as Chief Investment Officer, President and founding member of Inflective Asset Management; a boutique investment firm specializing in convertible securities, from 2001 until 2011. From 2011 until joining NWQ in 2015, Mr. Ray was a private investor.
Tenure Analysis
| Category Low | Category High | Category Average | Category Mode |
|---|---|---|---|
| 0.01 | 35.82 | 6.24 | 1.25 |