Nuveen Flexible Income Fund
Name
As of 04/22/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
-0.5%
1 yr return
5.8%
3 Yr Avg Return
-1.4%
5 Yr Avg Return
2.2%
Net Assets
$1.12 B
Holdings in Top 10
20.7%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 1.03%
SALES FEES
Front Load 4.75%
Deferred Load N/A
TRADING FEES
Turnover 30.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$3,000
IRA
$2,500
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 04/22/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
NWQAX - Profile
Distributions
- YTD Total Return -0.5%
- 3 Yr Annualized Total Return -1.4%
- 5 Yr Annualized Total Return 2.2%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 3.66%
- Dividend Yield 5.0%
- Dividend Distribution Frequency None
Fund Details
-
Legal NameNuveen Flexible Income Fund
-
Fund Family NameNuveen Funds
-
Inception DateDec 09, 2009
-
Shares OutstandingN/A
-
Share ClassA
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerSusi Budiman
Fund Description
NWQAX - Performance
Return Ranking - Trailing
Period | NWQAX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | -0.5% | -4.2% | 8.7% | 69.93% |
1 Yr | 5.8% | -3.1% | 25.9% | 56.54% |
3 Yr | -1.4%* | -16.5% | 4.2% | 84.65% |
5 Yr | 2.2%* | -4.8% | 7.1% | 88.02% |
10 Yr | 3.5%* | -0.1% | 7.1% | 61.62% |
* Annualized
Return Ranking - Calendar
Period | NWQAX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 2.9% | -1.3% | 27.4% | 92.29% |
2022 | -19.2% | -35.0% | -7.4% | 78.96% |
2021 | 0.4% | -11.5% | 14.6% | 69.98% |
2020 | 0.3% | -10.3% | 40.7% | 85.68% |
2019 | 11.8% | -9.5% | 22.1% | 19.47% |
Total Return Ranking - Trailing
Period | NWQAX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | -0.5% | -4.2% | 8.7% | 69.93% |
1 Yr | 5.8% | -3.1% | 25.9% | 56.54% |
3 Yr | -1.4%* | -16.5% | 4.2% | 84.65% |
5 Yr | 2.2%* | -4.8% | 7.1% | 88.02% |
10 Yr | 3.5%* | -0.1% | 7.1% | 61.62% |
* Annualized
Total Return Ranking - Calendar
Period | NWQAX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 8.6% | -1.3% | 28.2% | 78.97% |
2022 | -14.1% | -35.0% | -3.1% | 69.03% |
2021 | 4.7% | -11.5% | 32.0% | 92.25% |
2020 | 5.7% | -5.4% | 40.7% | 76.98% |
2019 | 18.7% | 4.5% | 27.7% | 9.21% |
NAV & Total Return History
NWQAX - Holdings
Concentration Analysis
NWQAX | Category Low | Category High | NWQAX % Rank | |
---|---|---|---|---|
Net Assets | 1.12 B | 244 K | 50.8 B | 32.02% |
Number of Holdings | 153 | 3 | 5294 | 32.33% |
Net Assets in Top 10 | 232 M | 243 K | 10.1 B | 53.02% |
Weighting of Top 10 | 20.70% | 6.4% | 127.7% | 80.99% |
Top 10 Holdings
- ATT Inc 2.56%
- Sprint LLC 2.40%
- Hewlett Packard Enterprise Co 2.39%
- State Street Navigator Securities Lending Government Money Market Portfolio 2.17%
- JPMorgan Chase Co 2.16%
- Citigroup Inc 2.04%
- Albertsons Cos Inc / Safeway Inc / New Albertsons LP / Albertsons LLC 1.94%
- Vistra Corp 1.79%
- Paramount Global 1.66%
- Emera Inc 1.59%
Asset Allocation
Weighting | Return Low | Return High | NWQAX % Rank | |
---|---|---|---|---|
Bonds | 81.41% | 0.00% | 81.41% | 0.23% |
Stocks | 8.59% | 0.00% | 102.36% | 90.95% |
Preferred Stocks | 8.42% | 0.00% | 21.95% | 0.47% |
Convertible Bonds | 3.51% | 0.00% | 71.77% | 7.28% |
Cash | 2.17% | -35.68% | 37.58% | 38.37% |
Other | 0.81% | -0.44% | 63.55% | 15.35% |
Stock Sector Breakdown
Weighting | Return Low | Return High | NWQAX % Rank | |
---|---|---|---|---|
Utilities | 25.04% | 0.00% | 48.33% | 2.13% |
Healthcare | 17.14% | 0.00% | 24.25% | 3.07% |
Industrials | 14.67% | 0.14% | 17.90% | 3.55% |
Technology | 13.65% | 0.22% | 27.92% | 67.61% |
Energy | 7.71% | 0.00% | 62.93% | 12.77% |
Financial Services | 5.52% | 0.00% | 83.50% | 97.64% |
Basic Materials | 5.20% | 0.00% | 32.82% | 17.26% |
Consumer Defense | 4.24% | 0.00% | 18.62% | 91.96% |
Consumer Cyclical | 3.52% | 0.00% | 14.20% | 91.73% |
Communication Services | 1.70% | 0.00% | 11.11% | 96.45% |
Real Estate | 1.60% | 0.00% | 43.16% | 94.56% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | NWQAX % Rank | |
---|---|---|---|---|
US | 8.59% | 0.00% | 102.36% | 90.93% |
Non US | 0.00% | 0.00% | 23.57% | 54.19% |
Bond Sector Breakdown
Weighting | Return Low | Return High | NWQAX % Rank | |
---|---|---|---|---|
Corporate | 96.66% | 0.00% | 96.66% | 0.23% |
Cash & Equivalents | 2.17% | 0.00% | 36.70% | 34.65% |
Derivative | 0.00% | -0.44% | 63.54% | 46.28% |
Securitized | 0.00% | 0.00% | 52.08% | 93.90% |
Municipal | 0.00% | 0.00% | 99.85% | 83.33% |
Government | 0.00% | 0.00% | 63.33% | 96.48% |
Bond Geographic Breakdown
Weighting | Return Low | Return High | NWQAX % Rank | |
---|---|---|---|---|
US | 81.41% | 0.00% | 81.41% | 0.23% |
Non US | 0.00% | 0.00% | 18.69% | 50.47% |
NWQAX - Expenses
Operational Fees
NWQAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 1.03% | 0.06% | 7.81% | 42.00% |
Management Fee | 0.68% | 0.00% | 1.25% | 93.95% |
12b-1 Fee | 0.25% | 0.00% | 1.00% | 30.45% |
Administrative Fee | N/A | 0.01% | 0.70% | N/A |
Sales Fees
NWQAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | 4.75% | 1.00% | 5.75% | 62.32% |
Deferred Load | N/A | 1.00% | 5.00% | N/A |
Trading Fees
NWQAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 0.00% | 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.
NWQAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 30.00% | 2.00% | 380.00% | 48.48% |
NWQAX - Distributions
Dividend Yield Analysis
NWQAX | Category Low | Category High | NWQAX % Rank | |
---|---|---|---|---|
Dividend Yield | 5.03% | 0.00% | 8.01% | 5.34% |
Dividend Distribution Analysis
NWQAX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | None | Annually | Quarterly | Quarterly |
Net Income Ratio Analysis
NWQAX | Category Low | Category High | NWQAX % Rank | |
---|---|---|---|---|
Net Income Ratio | 3.66% | -1.22% | 6.83% | 6.82% |
Capital Gain Distribution Analysis
NWQAX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Semi-Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Apr 01, 2024 | $0.077 | OrdinaryDividend |
Mar 01, 2024 | $0.077 | OrdinaryDividend |
Feb 01, 2024 | $0.082 | OrdinaryDividend |
Dec 29, 2023 | $0.082 | OrdinaryDividend |
Dec 01, 2023 | $0.082 | OrdinaryDividend |
Nov 01, 2023 | $0.082 | OrdinaryDividend |
Oct 02, 2023 | $0.082 | OrdinaryDividend |
Sep 01, 2023 | $0.082 | OrdinaryDividend |
Aug 01, 2023 | $0.082 | OrdinaryDividend |
Jul 03, 2023 | $0.082 | OrdinaryDividend |
Jun 01, 2023 | $0.082 | OrdinaryDividend |
May 01, 2023 | $0.082 | OrdinaryDividend |
Apr 03, 2023 | $0.082 | OrdinaryDividend |
Mar 01, 2023 | $0.082 | OrdinaryDividend |
Feb 01, 2023 | $0.082 | OrdinaryDividend |
Dec 30, 2022 | $0.301 | DailyAccrualFund |
Dec 01, 2022 | $0.082 | DailyAccrualFund |
Nov 01, 2022 | $0.078 | DailyAccrualFund |
Oct 03, 2022 | $0.078 | DailyAccrualFund |
Sep 01, 2022 | $0.078 | DailyAccrualFund |
Aug 01, 2022 | $0.078 | DailyAccrualFund |
Jul 01, 2022 | $0.078 | DailyAccrualFund |
Jun 01, 2022 | $0.078 | DailyAccrualFund |
May 02, 2022 | $0.078 | DailyAccrualFund |
Apr 01, 2022 | $0.078 | DailyAccrualFund |
Mar 01, 2022 | $0.078 | DailyAccrualFund |
Feb 01, 2022 | $0.078 | DailyAccrualFund |
Dec 31, 2021 | $0.078 | DailyAccrualFund |
Dec 01, 2021 | $0.078 | DailyAccrualFund |
Nov 01, 2021 | $0.078 | DailyAccrualFund |
Oct 01, 2021 | $0.078 | DailyAccrualFund |
Sep 01, 2021 | $0.078 | DailyAccrualFund |
Aug 02, 2021 | $0.078 | DailyAccrualFund |
Jul 01, 2021 | $0.078 | DailyAccrualFund |
Jun 01, 2021 | $0.078 | DailyAccrualFund |
May 03, 2021 | $0.078 | DailyAccrualFund |
Apr 01, 2021 | $0.078 | DailyAccrualFund |
Mar 01, 2021 | $0.078 | DailyAccrualFund |
Feb 01, 2021 | $0.078 | DailyAccrualFund |
Dec 31, 2020 | $0.009 | DailyAccrualFund |
Dec 01, 2020 | $0.078 | DailyAccrualFund |
Nov 02, 2020 | $0.078 | DailyAccrualFund |
Oct 01, 2020 | $0.078 | DailyAccrualFund |
Sep 01, 2020 | $0.078 | DailyAccrualFund |
Aug 03, 2020 | $0.090 | DailyAccrualFund |
Jul 01, 2020 | $0.090 | DailyAccrualFund |
Jun 01, 2020 | $0.090 | DailyAccrualFund |
May 01, 2020 | $0.090 | DailyAccrualFund |
Apr 01, 2020 | $0.090 | DailyAccrualFund |
Mar 02, 2020 | $0.090 | DailyAccrualFund |
Feb 03, 2020 | $0.090 | DailyAccrualFund |
Dec 31, 2019 | $0.139 | ExtraDividend |
Dec 02, 2019 | $0.089 | DailyAccrualFund |
Nov 01, 2019 | $0.089 | DailyAccrualFund |
Oct 01, 2019 | $0.089 | DailyAccrualFund |
Sep 03, 2019 | $0.089 | DailyAccrualFund |
Aug 01, 2019 | $0.089 | DailyAccrualFund |
Jul 01, 2019 | $0.089 | DailyAccrualFund |
Jun 03, 2019 | $0.088 | DailyAccrualFund |
May 01, 2019 | $0.088 | DailyAccrualFund |
Apr 01, 2019 | $0.088 | DailyAccrualFund |
Mar 01, 2019 | $0.088 | DailyAccrualFund |
Feb 01, 2019 | $0.088 | DailyAccrualFund |
Dec 31, 2018 | $0.088 | DailyAccrualFund |
Dec 03, 2018 | $0.089 | DailyAccrualFund |
Oct 01, 2018 | $0.089 | DailyAccrualFund |
Sep 04, 2018 | $0.089 | DailyAccrualFund |
Aug 01, 2018 | $0.093 | DailyAccrualFund |
Jul 02, 2018 | $0.093 | DailyAccrualFund |
Jun 01, 2018 | $0.093 | DailyAccrualFund |
May 01, 2018 | $0.093 | DailyAccrualFund |
Apr 02, 2018 | $0.093 | DailyAccrualFund |
Mar 01, 2018 | $0.093 | DailyAccrualFund |
Feb 01, 2018 | $0.093 | DailyAccrualFund |
Dec 29, 2017 | $0.063 | ExtraDividend |
Dec 01, 2017 | $0.093 | DailyAccrualFund |
Nov 01, 2017 | $0.093 | DailyAccrualFund |
Oct 02, 2017 | $0.093 | DailyAccrualFund |
Sep 01, 2017 | $0.093 | DailyAccrualFund |
Aug 01, 2017 | $0.093 | DailyAccrualFund |
Jul 03, 2017 | $0.093 | DailyAccrualFund |
Jun 01, 2017 | $0.093 | DailyAccrualFund |
May 01, 2017 | $0.093 | DailyAccrualFund |
Apr 03, 2017 | $0.093 | DailyAccrualFund |
Mar 01, 2017 | $0.093 | DailyAccrualFund |
Feb 01, 2017 | $0.093 | DailyAccrualFund |
Dec 30, 2016 | $0.093 | DailyAccrualFund |
Dec 01, 2016 | $0.093 | DailyAccrualFund |
Nov 01, 2016 | $0.093 | DailyAccrualFund |
Oct 03, 2016 | $0.093 | DailyAccrualFund |
Sep 01, 2016 | $0.093 | DailyAccrualFund |
Aug 01, 2016 | $0.093 | DailyAccrualFund |
Jul 01, 2016 | $0.093 | DailyAccrualFund |
Jun 01, 2016 | $0.093 | DailyAccrualFund |
May 02, 2016 | $0.093 | DailyAccrualFund |
Apr 01, 2016 | $0.093 | DailyAccrualFund |
Mar 01, 2016 | $0.093 | DailyAccrualFund |
Feb 01, 2016 | $0.093 | DailyAccrualFund |
Dec 31, 2015 | $0.093 | DailyAccrualFund |
Dec 01, 2015 | $0.093 | DailyAccrualFund |
Nov 02, 2015 | $0.093 | DailyAccrualFund |
Oct 01, 2015 | $0.093 | DailyAccrualFund |
Sep 01, 2015 | $0.093 | DailyAccrualFund |
Aug 03, 2015 | $0.093 | DailyAccrualFund |
Jul 01, 2015 | $0.093 | DailyAccrualFund |
Jun 01, 2015 | $0.093 | DailyAccrualFund |
May 01, 2015 | $0.091 | DailyAccrualFund |
Apr 01, 2015 | $0.091 | DailyAccrualFund |
Mar 02, 2015 | $0.091 | DailyAccrualFund |
Feb 02, 2015 | $0.091 | DailyAccrualFund |
Dec 31, 2014 | $0.091 | DailyAccrualFund |
Dec 01, 2014 | $0.091 | DailyAccrualFund |
Nov 03, 2014 | $0.091 | DailyAccrualFund |
Oct 01, 2014 | $0.091 | DailyAccrualFund |
Sep 02, 2014 | $0.091 | DailyAccrualFund |
Aug 01, 2014 | $0.091 | DailyAccrualFund |
Jul 01, 2014 | $0.091 | DailyAccrualFund |
Jun 02, 2014 | $0.091 | DailyAccrualFund |
May 01, 2014 | $0.091 | DailyAccrualFund |
Apr 01, 2014 | $0.091 | DailyAccrualFund |
Mar 03, 2014 | $0.091 | DailyAccrualFund |
Feb 03, 2014 | $0.091 | DailyAccrualFund |
Dec 31, 2013 | $0.091 | DailyAccrualFund |
Dec 02, 2013 | $0.091 | DailyAccrualFund |
Nov 01, 2013 | $0.091 | DailyAccrualFund |
Oct 01, 2013 | $0.091 | DailyAccrualFund |
Sep 03, 2013 | $0.091 | DailyAccrualFund |
Aug 01, 2013 | $0.097 | DailyAccrualFund |
Jul 01, 2013 | $0.097 | DailyAccrualFund |
Jun 03, 2013 | $0.097 | DailyAccrualFund |
May 01, 2013 | $0.101 | DailyAccrualFund |
Apr 01, 2013 | $0.101 | DailyAccrualFund |
Mar 01, 2013 | $0.101 | DailyAccrualFund |
Feb 01, 2013 | $0.101 | DailyAccrualFund |
Dec 31, 2012 | $0.101 | DailyAccrualFund |
Dec 03, 2012 | $0.101 | DailyAccrualFund |
Nov 01, 2012 | $0.101 | DailyAccrualFund |
Jun 01, 2012 | $0.101 | DailyAccrualFund |
Apr 02, 2012 | $0.101 | OrdinaryDividend |
NWQAX - Fund Manager Analysis
Managers
Susi Budiman
Start Date
Tenure
Tenure Rank
Jan 06, 2015
7.4
7.4%
Prior to joining NWQ in 2006, Ms. Budiman was Portfolio Manager for China Life Insurance Company, Ltd. in Taiwan. Prior to the fixed income portfolio management position, Ms. Budiman was a currency exchange sales associate at Fleet National Bank in Singapore covering Asian , Euro, UK and other major currencies. Ms. Budiman graduated from the University of British Columbia with a Bachelor of Commerce degree in Finance.
Thomas Ray
Start Date
Tenure
Tenure Rank
Jan 06, 2015
7.4
7.4%
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 |
---|---|---|---|
0.09 | 28.73 | 6.44 | 2.41 |