Name
As of 04/25/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
0.2%
1 yr return
4.0%
3 Yr Avg Return
-1.9%
5 Yr Avg Return
1.4%
Net Assets
$1.02 B
Holdings in Top 10
13.9%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 0.83%
SALES FEES
Front Load 3.00%
Deferred Load N/A
TRADING FEES
Turnover 52.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$3,000
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 04/25/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
NSAOX - Profile
Distributions
- YTD Total Return 0.2%
- 3 Yr Annualized Total Return -1.9%
- 5 Yr Annualized Total Return 1.4%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 2.58%
- Dividend Yield 4.1%
- Dividend Distribution Frequency Monthly
Fund Details
-
Legal NameNuveen Strategic Municipal Opportunities Fund
-
Fund Family NameNuveen Funds
-
Inception DateDec 16, 2014
-
Shares OutstandingN/A
-
Share ClassA
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerTimothy Ryan
Fund Description
NSAOX - Performance
Return Ranking - Trailing
Period | NSAOX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 0.2% | -4.8% | 3.3% | 30.92% |
1 Yr | 4.0% | -4.1% | 8.1% | 37.20% |
3 Yr | -1.9%* | -10.1% | 1.5% | 47.52% |
5 Yr | 1.4%* | -5.1% | 524.4% | 18.65% |
10 Yr | N/A* | -0.1% | 155.4% | N/A |
* Annualized
Return Ranking - Calendar
Period | NSAOX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 2.9% | -1.5% | 7.5% | 51.69% |
2022 | -17.1% | -26.9% | -3.5% | 48.04% |
2021 | 0.9% | -1.9% | 5.6% | 78.11% |
2020 | 3.7% | -10.1% | 4.2% | 2.01% |
2019 | 6.5% | 2.0% | 9.1% | 19.17% |
Total Return Ranking - Trailing
Period | NSAOX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 0.2% | -4.8% | 3.3% | 30.92% |
1 Yr | 4.0% | -4.1% | 8.1% | 37.20% |
3 Yr | -1.9%* | -10.1% | 1.5% | 47.52% |
5 Yr | 1.4%* | -5.1% | 524.4% | 18.65% |
10 Yr | N/A* | -0.1% | 155.4% | N/A |
* Annualized
Total Return Ranking - Calendar
Period | NSAOX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 6.8% | 0.4% | 10.9% | 52.17% |
2022 | -14.0% | -26.9% | -2.9% | 53.92% |
2021 | 5.0% | -1.9% | 10.0% | 61.69% |
2020 | 6.8% | -4.1% | 8.2% | 3.02% |
2019 | 10.1% | 3.5% | 1028633.9% | 20.73% |
NAV & Total Return History
NSAOX - Holdings
Concentration Analysis
NSAOX | Category Low | Category High | NSAOX % Rank | |
---|---|---|---|---|
Net Assets | 1.02 B | 9.79 K | 16.1 B | 47.83% |
Number of Holdings | 598 | 1 | 3076 | 39.81% |
Net Assets in Top 10 | 138 M | -102 M | 3.44 B | 49.51% |
Weighting of Top 10 | 13.87% | 4.7% | 100.7% | 49.76% |
Top 10 Holdings
- Florida Development Finance Corporation, Revenue Bonds, Brightline Passenger Rail Expansion Project, Series 2023C 3.32%
- Energy Harbor Corp 2.65%
- Florida Development Finance Corporation, Florida, Surface Transportation Facility Revenue Bonds, Virgin Trains USA Passenger Rail Project, Series 2019 1.11%
- Florida Development Finance Corporation, Florida, Surface Transportation Facility Revenue Bonds, Brightline Passenger Rail Project, Green Series 2019B 1.09%
- Southeast Energy Authority, Alabama, Commodity Supply Revenue Bonds, Project 4, Series 2022B-1 1.05%
- Michigan Finance Authority, Hospital Revenue Bonds, Henry Ford Health System, Refunding Series 2016 1.03%
- Painted Prairie Public Improvement Authority, Aurora, Colorado, Special Revenue Bonds, Series 2019 0.98%
- California State, General Obligation Bonds, Taxable Various Purpose Series 2018 0.94%
- Ohio Water Development Authority, Pollution Control Revenue Refunding Bonds, FirstEnergy Nuclear Generating Corporation Project, Series 2009A 0.87%
- Salt River Project Agricultural Improvement and Power District, Arizona, Electric System Revenue Bonds, Series 2023B 0.86%
Asset Allocation
Weighting | Return Low | Return High | NSAOX % Rank | |
---|---|---|---|---|
Bonds | 95.70% | 0.00% | 146.69% | 78.47% |
Stocks | 2.68% | 0.00% | 99.38% | 10.05% |
Cash | 1.62% | -0.64% | 100.00% | 39.81% |
Preferred Stocks | 0.00% | -47.61% | 1.89% | 24.76% |
Other | 0.00% | -12.04% | 9.96% | 30.58% |
Convertible Bonds | 0.00% | 0.00% | 0.00% | 24.27% |
Stock Sector Breakdown
Weighting | Return Low | Return High | NSAOX % Rank | |
---|---|---|---|---|
Utilities | 0.00% | 0.00% | 0.00% | 25.00% |
Technology | 0.00% | 0.00% | 0.00% | 25.00% |
Real Estate | 0.00% | 0.00% | 0.00% | 25.00% |
Industrials | 0.00% | 0.00% | 4.78% | 50.00% |
Healthcare | 0.00% | 0.00% | 0.00% | 25.00% |
Financial Services | 0.00% | 0.00% | 0.00% | 25.00% |
Energy | 0.00% | 0.00% | 0.00% | 25.00% |
Communication Services | 0.00% | 0.00% | 0.00% | 25.00% |
Consumer Defense | 0.00% | 0.00% | 0.00% | 25.00% |
Consumer Cyclical | 0.00% | 0.00% | 77.65% | 50.00% |
Basic Materials | 0.00% | 17.58% | 100.00% | 50.00% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | NSAOX % Rank | |
---|---|---|---|---|
US | 2.68% | 0.00% | 99.38% | 10.19% |
Non US | 0.00% | 0.00% | 0.00% | 24.27% |
Bond Sector Breakdown
Weighting | Return Low | Return High | NSAOX % Rank | |
---|---|---|---|---|
Municipal | 97.65% | 0.00% | 100.00% | 61.17% |
Corporate | 0.07% | 0.00% | 2.83% | 46.60% |
Derivative | 0.00% | -12.35% | 1.55% | 26.21% |
Cash & Equivalents | 0.00% | 0.00% | 100.00% | 57.28% |
Securitized | 0.00% | 0.00% | 22.44% | 26.70% |
Government | 0.00% | 0.00% | 0.09% | 28.16% |
Bond Geographic Breakdown
Weighting | Return Low | Return High | NSAOX % Rank | |
---|---|---|---|---|
US | 95.70% | 0.00% | 139.84% | 74.76% |
Non US | 0.00% | 0.00% | 13.35% | 33.01% |
NSAOX - Expenses
Operational Fees
NSAOX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 0.83% | 0.21% | 3.44% | 60.49% |
Management Fee | 0.48% | 0.00% | 1.41% | 41.15% |
12b-1 Fee | 0.20% | 0.00% | 1.00% | 27.03% |
Administrative Fee | N/A | 0.02% | 0.35% | N/A |
Sales Fees
NSAOX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | 3.00% | 1.00% | 4.50% | 72.09% |
Deferred Load | N/A | 1.00% | 5.00% | N/A |
Trading Fees
NSAOX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 1.00% | 1.00% | 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.
NSAOX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 52.00% | 2.00% | 121.00% | 80.21% |
NSAOX - Distributions
Dividend Yield Analysis
NSAOX | Category Low | Category High | NSAOX % Rank | |
---|---|---|---|---|
Dividend Yield | 4.08% | 0.00% | 6.76% | 61.24% |
Dividend Distribution Analysis
NSAOX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Monthly | Monthly | Monthly | Monthly |
Net Income Ratio Analysis
NSAOX | Category Low | Category High | NSAOX % Rank | |
---|---|---|---|---|
Net Income Ratio | 2.58% | 1.11% | 5.70% | 77.51% |
Capital Gain Distribution Analysis
NSAOX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Apr 01, 2024 | $0.034 | OrdinaryDividend |
Mar 01, 2024 | $0.034 | DailyAccrualFund |
Feb 01, 2024 | $0.031 | DailyAccrualFund |
Dec 29, 2023 | $0.031 | DailyAccrualFund |
Dec 01, 2023 | $0.031 | DailyAccrualFund |
Nov 01, 2023 | $0.031 | DailyAccrualFund |
Oct 02, 2023 | $0.031 | DailyAccrualFund |
Sep 01, 2023 | $0.031 | DailyAccrualFund |
Aug 01, 2023 | $0.031 | DailyAccrualFund |
Jul 03, 2023 | $0.031 | DailyAccrualFund |
Jun 01, 2023 | $0.031 | DailyAccrualFund |
May 01, 2023 | $0.030 | DailyAccrualFund |
Apr 03, 2023 | $0.030 | DailyAccrualFund |
Mar 01, 2023 | $0.030 | DailyAccrualFund |
Feb 01, 2023 | $0.025 | DailyAccrualFund |
Dec 30, 2022 | $0.025 | DailyAccrualFund |
Dec 01, 2022 | $0.025 | DailyAccrualFund |
Nov 01, 2022 | $0.025 | DailyAccrualFund |
Oct 03, 2022 | $0.025 | DailyAccrualFund |
Sep 01, 2022 | $0.025 | DailyAccrualFund |
Aug 01, 2022 | $0.025 | DailyAccrualFund |
Jul 01, 2022 | $0.023 | DailyAccrualFund |
Jun 01, 2022 | $0.023 | DailyAccrualFund |
May 02, 2022 | $0.023 | DailyAccrualFund |
Apr 01, 2022 | $0.023 | DailyAccrualFund |
Mar 01, 2022 | $0.023 | DailyAccrualFund |
Feb 01, 2022 | $0.023 | DailyAccrualFund |
Dec 31, 2021 | $0.023 | DailyAccrualFund |
Dec 01, 2021 | $0.023 | DailyAccrualFund |
Nov 01, 2021 | $0.024 | DailyAccrualFund |
Oct 01, 2021 | $0.024 | DailyAccrualFund |
Aug 02, 2021 | $0.024 | DailyAccrualFund |
Jul 01, 2021 | $0.024 | DailyAccrualFund |
Jun 01, 2021 | $0.024 | DailyAccrualFund |
May 03, 2021 | $0.023 | DailyAccrualFund |
Apr 01, 2021 | $0.023 | DailyAccrualFund |
Mar 01, 2021 | $0.023 | DailyAccrualFund |
Feb 01, 2021 | $0.023 | DailyAccrualFund |
Dec 31, 2020 | $0.023 | DailyAccrualFund |
Dec 01, 2020 | $0.023 | DailyAccrualFund |
Nov 02, 2020 | $0.023 | DailyAccrualFund |
Oct 01, 2020 | $0.023 | DailyAccrualFund |
Sep 01, 2020 | $0.023 | DailyAccrualFund |
Aug 03, 2020 | $0.023 | DailyAccrualFund |
Jul 01, 2020 | $0.023 | DailyAccrualFund |
Jun 01, 2020 | $0.023 | DailyAccrualFund |
May 01, 2020 | $0.023 | DailyAccrualFund |
Apr 01, 2020 | $0.023 | DailyAccrualFund |
Mar 02, 2020 | $0.023 | DailyAccrualFund |
Feb 03, 2020 | $0.025 | DailyAccrualFund |
Dec 31, 2019 | $0.025 | DailyAccrualFund |
Dec 02, 2019 | $0.025 | DailyAccrualFund |
Nov 01, 2019 | $0.025 | DailyAccrualFund |
Oct 01, 2019 | $0.025 | DailyAccrualFund |
Sep 03, 2019 | $0.025 | DailyAccrualFund |
Aug 01, 2019 | $0.024 | DailyAccrualFund |
Jul 01, 2019 | $0.024 | DailyAccrualFund |
Jun 03, 2019 | $0.024 | DailyAccrualFund |
May 01, 2019 | $0.023 | DailyAccrualFund |
Apr 01, 2019 | $0.023 | DailyAccrualFund |
Mar 01, 2019 | $0.023 | DailyAccrualFund |
Feb 01, 2019 | $0.023 | DailyAccrualFund |
Dec 31, 2018 | $0.023 | DailyAccrualFund |
Dec 03, 2018 | $0.023 | DailyAccrualFund |
Oct 01, 2018 | $0.023 | DailyAccrualFund |
Sep 04, 2018 | $0.023 | DailyAccrualFund |
Aug 01, 2018 | $0.025 | DailyAccrualFund |
Jul 02, 2018 | $0.025 | DailyAccrualFund |
Jun 01, 2018 | $0.025 | DailyAccrualFund |
May 01, 2018 | $0.028 | DailyAccrualFund |
Apr 02, 2018 | $0.028 | DailyAccrualFund |
Mar 01, 2018 | $0.028 | DailyAccrualFund |
Feb 01, 2018 | $0.028 | DailyAccrualFund |
Dec 29, 2017 | $0.028 | DailyAccrualFund |
Dec 07, 2017 | $0.013 | DailyAccrualFund |
Dec 01, 2017 | $0.028 | DailyAccrualFund |
Nov 01, 2017 | $0.027 | DailyAccrualFund |
Oct 02, 2017 | $0.027 | DailyAccrualFund |
Sep 01, 2017 | $0.027 | OrdinaryDividend |
Aug 01, 2017 | $0.025 | OrdinaryDividend |
Jul 03, 2017 | $0.025 | OrdinaryDividend |
Jun 01, 2017 | $0.025 | OrdinaryDividend |
May 01, 2017 | $0.024 | OrdinaryDividend |
Apr 03, 2017 | $0.024 | OrdinaryDividend |
Mar 01, 2017 | $0.024 | OrdinaryDividend |
Feb 01, 2017 | $0.023 | OrdinaryDividend |
Dec 30, 2016 | $0.023 | OrdinaryDividend |
Dec 01, 2016 | $0.023 | OrdinaryDividend |
Nov 01, 2016 | $0.023 | OrdinaryDividend |
Oct 03, 2016 | $0.023 | OrdinaryDividend |
Sep 01, 2016 | $0.023 | OrdinaryDividend |
Aug 01, 2016 | $0.024 | OrdinaryDividend |
Jul 01, 2016 | $0.024 | OrdinaryDividend |
Jun 01, 2016 | $0.024 | OrdinaryDividend |
May 02, 2016 | $0.024 | OrdinaryDividend |
Apr 01, 2016 | $0.024 | OrdinaryDividend |
Mar 01, 2016 | $0.024 | OrdinaryDividend |
Feb 01, 2016 | $0.024 | OrdinaryDividend |
Dec 31, 2015 | $0.024 | OrdinaryDividend |
Dec 01, 2015 | $0.024 | OrdinaryDividend |
Nov 02, 2015 | $0.021 | OrdinaryDividend |
Oct 01, 2015 | $0.021 | OrdinaryDividend |
Sep 01, 2015 | $0.021 | OrdinaryDividend |
Aug 03, 2015 | $0.021 | OrdinaryDividend |
Jul 01, 2015 | $0.021 | OrdinaryDividend |
Jun 01, 2015 | $0.021 | OrdinaryDividend |
May 01, 2015 | $0.021 | OrdinaryDividend |
Apr 01, 2015 | $0.021 | OrdinaryDividend |
Mar 02, 2015 | $0.021 | OrdinaryDividend |
NSAOX - Fund Manager Analysis
Managers
Timothy Ryan
Start Date
Tenure
Tenure Rank
Dec 16, 2014
7.46
7.5%
Timothy T. Ryan, CFA, is a Managing Director and Portfolio Manager at Nuveen Asset Management. Mr. Ryan joined an affiliate of Nuveen Asset Management in 2010. Prior to joining Nuveen Asset Management, Mr. Ryan was a principal of SSGA FM and a Vice President of SSGA and responsible for managing the series of the Trust that invest primarily in municipal securities. Prior to joining SSGA, Mr. Ryan was a lead portfolio manager in the municipal bond group at Deutsche Bank Asset Management, formally Scudder Insurance Asset Management. His clients included nuclear decommissioning trusts, insurance portfolios and corporate cash. Mr. Ryan began working at Deutsche Bank in 1991 as a municipal bond analyst covering high yield, transportation, higher education, general obligation, and money market sectors. He joined Deutsche Bank with 8 years of experience as vice president and investment banker at Mesirow Financial and vice president and financial consultant at Speer Financial. Mr. Ryan has a BS from University of Wisconsin and a Master of Management from JL Kellogg Graduate School of Management Northwestern University. Mr. Ryan has earned the Chartered Financial Analyst designation.
John Miller
Start Date
Tenure
Tenure Rank
Dec 16, 2014
7.46
7.5%
John leads the municipals fixed income strategic direction and investment perspectives for Nuveen. He also manages several municipal bond strategies and closed-end funds. John is a trusted public voice in discussing key issues and trends within the municipal market. He is a frequent guest on CNBC, Bloomberg Television and Fox Business News. His perspective is often sought out by leading industry media such as The Wall Street Journal, Barron’s, Bloomberg News and Morningstar. Before being named the co-head of fixed income in 2011, he was chief investment officer for the firm’s municipal bond team starting in 2007. He was named a managing director and head of portfolio management for Nuveen Asset Management in 2006. John became a portfolio manager in 2000 after starting at the firm as a municipal credit analyst in 1996. He began working in the financial industry at a private account management firm in 1993. John earned a B.A. in Economics and Political Science from Duke University, an M.A. in Economics from Northwestern University and an M.B.A. in Finance with honors from the University of Chicago. He holds the Chartered Financial Analyst designation and is a member of the CFA institute and the CFA society of Chicago. CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA institute.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.06 | 21.43 | 7.46 | 2.52 |