Name
As of 10/04/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
5.5%
1 yr return
14.5%
3 Yr Avg Return
-0.5%
5 Yr Avg Return
1.8%
Net Assets
$1.08 B
Holdings in Top 10
13.5%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 0.61%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 52.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$100,000
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 10/04/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
NSIOX - Profile
Distributions
- YTD Total Return 5.5%
- 3 Yr Annualized Total Return -0.5%
- 5 Yr Annualized Total Return 1.8%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 2.79%
- Dividend Yield 4.3%
- Dividend Distribution Frequency Monthly
Fund Details
-
Legal NameNuveen Strategic Municipal Opportunities Fund
-
Fund Family NameNuveen Funds
-
Inception DateDec 16, 2014
-
Shares OutstandingN/A
-
Share ClassI
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerTimothy Ryan
Fund Description
NSIOX - Performance
Return Ranking - Trailing
Period | NSIOX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 5.5% | -0.2% | 13.4% | 70.87% |
1 Yr | 14.5% | 3.4% | 24.0% | 74.76% |
3 Yr | -0.5%* | -7.8% | 3.4% | 50.25% |
5 Yr | 1.8%* | -4.8% | 3.9% | 20.41% |
10 Yr | N/A* | -0.1% | 156.1% | N/A |
* Annualized
Return Ranking - Calendar
Period | NSIOX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 3.0% | -6.2% | 7.5% | 47.57% |
2022 | -17.2% | -26.9% | -3.5% | 50.25% |
2021 | 0.9% | -1.9% | 5.6% | 78.50% |
2020 | 3.7% | -10.1% | 4.2% | 2.53% |
2019 | 6.5% | -0.7% | 9.1% | 19.79% |
Total Return Ranking - Trailing
Period | NSIOX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 5.5% | -0.2% | 13.4% | 70.87% |
1 Yr | 14.5% | 3.4% | 24.0% | 74.76% |
3 Yr | -0.5%* | -7.8% | 3.4% | 50.25% |
5 Yr | 1.8%* | -4.8% | 3.9% | 20.41% |
10 Yr | N/A* | -0.1% | 156.1% | N/A |
* Annualized
Total Return Ranking - Calendar
Period | NSIOX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 7.1% | -4.1% | 10.9% | 46.12% |
2022 | -13.8% | -26.9% | 4.3% | 51.72% |
2021 | 5.2% | -1.9% | 10.0% | 55.00% |
2020 | 7.1% | -4.1% | 8.2% | 2.02% |
2019 | 10.0% | -0.7% | 1028633.9% | 21.35% |
NAV & Total Return History
NSIOX - Holdings
Concentration Analysis
NSIOX | Category Low | Category High | NSIOX % Rank | |
---|---|---|---|---|
Net Assets | 1.08 B | 9.79 K | 16.6 B | 48.53% |
Number of Holdings | 604 | 1 | 3325 | 40.39% |
Net Assets in Top 10 | 142 M | -102 M | 3.51 B | 50.25% |
Weighting of Top 10 | 13.51% | 4.6% | 98.8% | 50.99% |
Top 10 Holdings
- Florida Development Finance Corporation, Revenue Bonds, Brightline Florida Passenger Rail Expansion Project, Series 2023C 3.09%
- Vistra Vision Corporation Private Equity 2.27%
- District of Columbia Water and Sewer Authority, Public Utility Revenue Bonds, Subordinate Lien Series 2015B 1.16%
- Puerto Rico, GDB Debt Recovery Authority Commonwealth Bonds, Taxable Series 2018 1.14%
- New York City Transitional Finance Authority, New York, Future Tax Secured Bonds, Subordinate Fiscal Series 2024G-1 1.08%
- Southeast Energy Authority, Alabama, Commodity Supply Revenue Bonds, Project 4, Series 2022B-1 0.99%
- Michigan Finance Authority, Hospital Revenue Bonds, Henry Ford Health System, Refunding Series 2016 0.97%
- Jefferson County Board of Education, Alabama, General Obligation Warrants, Public School Tender Option Bond Trust Series 2022-XM1090 0.95%
- Invesco Municipal Opportunity Trust Variable Rate Munifund Term Preferred Shares Series 2015/6VMO. JP MORGAN CHASE PUTTERS / DRIVERS TR VAR STS CTFS 5 0.93%
- California State, General Obligation Bonds, Taxable Various Purpose Series 2018 0.92%
Asset Allocation
Weighting | Return Low | Return High | NSIOX % Rank | |
---|---|---|---|---|
Bonds | 98.40% | 0.00% | 146.69% | 60.19% |
Stocks | 2.30% | 0.00% | 99.62% | 10.68% |
Preferred Stocks | 0.00% | -47.61% | 1.60% | 27.09% |
Other | 0.00% | -5.59% | 5.07% | 30.54% |
Convertible Bonds | 0.00% | 0.00% | 0.00% | 18.72% |
Cash | 0.00% | -0.64% | 100.00% | 80.79% |
Stock Sector Breakdown
Weighting | Return Low | Return High | NSIOX % Rank | |
---|---|---|---|---|
Utilities | 0.00% | 0.00% | 0.00% | 50.00% |
Technology | 0.00% | 0.00% | 0.00% | 50.00% |
Real Estate | 0.00% | 0.00% | 0.00% | 50.00% |
Industrials | 0.00% | 0.00% | 4.78% | 75.00% |
Healthcare | 0.00% | 0.00% | 0.00% | 50.00% |
Financial Services | 0.00% | 0.00% | 0.00% | 50.00% |
Energy | 0.00% | 0.00% | 0.00% | 50.00% |
Communication Services | 0.00% | 0.00% | 0.00% | 50.00% |
Consumer Defense | 0.00% | 0.00% | 0.00% | 50.00% |
Consumer Cyclical | 0.00% | 0.00% | 77.65% | 75.00% |
Basic Materials | 0.00% | 17.58% | 100.00% | 75.00% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | NSIOX % Rank | |
---|---|---|---|---|
US | 2.30% | 0.00% | 99.62% | 10.84% |
Non US | 0.00% | 0.00% | 0.00% | 18.72% |
Bond Sector Breakdown
Weighting | Return Low | Return High | NSIOX % Rank | |
---|---|---|---|---|
Municipal | 97.65% | 0.00% | 100.00% | 61.08% |
Corporate | 0.07% | 0.00% | 2.83% | 47.29% |
Derivative | 0.00% | -7.53% | 2.16% | 23.15% |
Cash & Equivalents | 0.00% | 0.00% | 100.00% | 57.14% |
Securitized | 0.00% | 0.00% | 22.44% | 23.65% |
Government | 0.00% | 0.00% | 0.09% | 22.17% |
Bond Geographic Breakdown
Weighting | Return Low | Return High | NSIOX % Rank | |
---|---|---|---|---|
US | 98.40% | 0.00% | 139.84% | 56.16% |
Non US | 0.00% | 0.00% | 13.35% | 27.09% |
NSIOX - Expenses
Operational Fees
NSIOX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 0.61% | 0.22% | 3.44% | 88.29% |
Management Fee | 0.48% | 0.00% | 1.41% | 41.75% |
12b-1 Fee | 0.00% | 0.00% | 1.00% | 4.55% |
Administrative Fee | N/A | 0.02% | 0.35% | N/A |
Sales Fees
NSIOX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 1.00% | 4.50% | N/A |
Deferred Load | N/A | 1.00% | 4.00% | N/A |
Trading Fees
NSIOX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | N/A | N/A | 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.
NSIOX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 52.00% | 2.00% | 121.00% | 79.89% |
NSIOX - Distributions
Dividend Yield Analysis
NSIOX | Category Low | Category High | NSIOX % Rank | |
---|---|---|---|---|
Dividend Yield | 4.30% | 0.00% | 6.13% | 49.03% |
Dividend Distribution Analysis
NSIOX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Monthly | Monthly | Monthly | Monthly |
Net Income Ratio Analysis
NSIOX | Category Low | Category High | NSIOX % Rank | |
---|---|---|---|---|
Net Income Ratio | 2.79% | 1.11% | 5.70% | 70.87% |
Capital Gain Distribution Analysis
NSIOX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Oct 31, 2024 | $0.037 | OrdinaryDividend |
Sep 30, 2024 | $0.037 | OrdinaryDividend |
Aug 30, 2024 | $0.037 | OrdinaryDividend |
Jul 31, 2024 | $0.035 | OrdinaryDividend |
Jun 28, 2024 | $0.035 | OrdinaryDividend |
May 31, 2024 | $0.035 | OrdinaryDividend |
Apr 30, 2024 | $0.035 | OrdinaryDividend |
Mar 29, 2024 | $0.035 | OrdinaryDividend |
Feb 29, 2024 | $0.035 | OrdinaryDividend |
Jan 31, 2024 | $0.033 | OrdinaryDividend |
Dec 28, 2023 | $0.033 | OrdinaryDividend |
Nov 30, 2023 | $0.033 | OrdinaryDividend |
Oct 31, 2023 | $0.033 | OrdinaryDividend |
Sep 29, 2023 | $0.033 | OrdinaryDividend |
Aug 31, 2023 | $0.033 | OrdinaryDividend |
Jul 31, 2023 | $0.033 | OrdinaryDividend |
Jun 30, 2023 | $0.033 | OrdinaryDividend |
May 31, 2023 | $0.033 | OrdinaryDividend |
Apr 28, 2023 | $0.031 | OrdinaryDividend |
Mar 31, 2023 | $0.031 | OrdinaryDividend |
Feb 28, 2023 | $0.031 | OrdinaryDividend |
Jan 31, 2023 | $0.027 | OrdinaryDividend |
Dec 29, 2022 | $0.027 | OrdinaryDividend |
Dec 06, 2022 | $0.093 | CapitalGainLongTerm |
Nov 30, 2022 | $0.027 | OrdinaryDividend |
Oct 31, 2022 | $0.027 | OrdinaryDividend |
Sep 30, 2022 | $0.027 | OrdinaryDividend |
Aug 31, 2022 | $0.027 | OrdinaryDividend |
Jul 29, 2022 | $0.027 | OrdinaryDividend |
Jun 30, 2022 | $0.025 | OrdinaryDividend |
May 31, 2022 | $0.025 | OrdinaryDividend |
Apr 29, 2022 | $0.025 | OrdinaryDividend |
Mar 31, 2022 | $0.025 | OrdinaryDividend |
Feb 28, 2022 | $0.025 | OrdinaryDividend |
Jan 31, 2022 | $0.025 | OrdinaryDividend |
Dec 30, 2021 | $0.025 | OrdinaryDividend |
Dec 06, 2021 | $0.080 | CapitalGainShortTerm |
Dec 06, 2021 | $0.108 | CapitalGainLongTerm |
Nov 30, 2021 | $0.025 | OrdinaryDividend |
Oct 30, 2021 | $0.026 | OrdinaryDividend |
Sep 30, 2021 | $0.026 | OrdinaryDividend |
Jul 30, 2021 | $0.026 | OrdinaryDividend |
Jun 30, 2021 | $0.026 | OrdinaryDividend |
May 28, 2021 | $0.026 | OrdinaryDividend |
Apr 30, 2021 | $0.025 | OrdinaryDividend |
Mar 31, 2021 | $0.025 | OrdinaryDividend |
Feb 26, 2021 | $0.025 | OrdinaryDividend |
Jan 29, 2021 | $0.025 | OrdinaryDividend |
Dec 31, 2020 | $0.025 | OrdinaryDividend |
Dec 07, 2020 | $0.030 | CapitalGainLongTerm |
Nov 30, 2020 | $0.025 | OrdinaryDividend |
Oct 30, 2020 | $0.025 | OrdinaryDividend |
Sep 30, 2020 | $0.025 | OrdinaryDividend |
Aug 31, 2020 | $0.025 | OrdinaryDividend |
Jul 31, 2020 | $0.025 | OrdinaryDividend |
Jun 30, 2020 | $0.025 | OrdinaryDividend |
May 29, 2020 | $0.025 | OrdinaryDividend |
Apr 30, 2020 | $0.025 | OrdinaryDividend |
Mar 31, 2020 | $0.025 | OrdinaryDividend |
Feb 28, 2020 | $0.025 | OrdinaryDividend |
Jan 31, 2020 | $0.027 | OrdinaryDividend |
Dec 31, 2019 | $0.027 | OrdinaryDividend |
Dec 06, 2019 | $0.050 | CapitalGainShortTerm |
Dec 06, 2019 | $0.002 | CapitalGainLongTerm |
Nov 29, 2019 | $0.027 | OrdinaryDividend |
Oct 31, 2019 | $0.027 | OrdinaryDividend |
Sep 30, 2019 | $0.027 | OrdinaryDividend |
Aug 30, 2019 | $0.027 | OrdinaryDividend |
Jul 31, 2019 | $0.026 | OrdinaryDividend |
Jun 28, 2019 | $0.026 | DailyAccrualFund |
Dec 06, 2017 | $0.013 | DailyAccrualFund |
Dec 06, 2016 | $0.005 | ExtraDividend |
Dec 06, 2016 | $0.085 | CapitalGainShortTerm |
Dec 06, 2016 | $0.011 | CapitalGainLongTerm |
NSIOX - 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 |
---|---|---|---|
0.25 | 21.43 | 7.5 | 2.52 |