Nuveen Small/Mid Cap Value Fund
Fund
NSMAX
Price as of:
$35.24
- $0.21
- 0.59%
Primary Theme
fund company
Name
As of 10/01/2024Price
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
19.5%
1 yr return
34.8%
3 Yr Avg Return
10.9%
5 Yr Avg Return
13.5%
Net Assets
$109 M
Holdings in Top 10
26.0%
52 WEEK LOW AND HIGH
$35.5
N/A
N/A
Expenses
OPERATING FEES
Expense Ratio 1.41%
SALES FEES
Front Load 5.75%
Deferred Load N/A
TRADING FEES
Turnover N/A
Redemption Fee N/A
Min Investment
Standard (Taxable)
$3,000
IRA
$2,500
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 10/01/2024Price
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
NSMAX - Profile
Distributions
- YTD Total Return 19.5%
- 3 Yr Annualized Total Return 10.9%
- 5 Yr Annualized Total Return 13.5%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 0.06%
- Dividend Yield 0.2%
- Dividend Distribution Frequency None
Fund Details
-
Legal NameNuveen Small/Mid Cap Value Fund
-
Fund Family NameNuveen Funds
-
Inception DateDec 15, 2006
-
Shares OutstandingN/A
-
Share ClassA
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerAndrew Hwang
Fund Description
Under normal market conditions, the Fund invests at least 80% of the sum of its net assets and the amount of any borrowings for investment purposes in equity securities of companies with market capitalizations at the time of investment comparable to companies in the Russell 2500™ Value Index. As of September 30, 2023, the market cap range for the Russell 2500™ Value Index was $31 million to $20.0 billion. The Fund will not be forced to sell a stock because it has exceeded or fallen below the current market capitalization range. The Fund’s sub-adviser seeks to identify under-valued companies with a catalyst to unlock value or improve profitability. The Fund’s sub-adviser maintains a long-term investment view and a focus on securities it believes can appreciate over an extended time, regardless of interim fluctuations. The Fund’s sub-adviser will sell securities or reduce positions if it feels that the company no longer possesses favorable risk/reward characteristics, attractive valuations or catalysts. The Fund invests primarily in U.S. equity securities, but it may invest up to 35% of its net assets in non-U.S. equity securities, including up to 10% of its net assets in equity securities of companies located in emerging market countries.
NSMAX - Performance
Return Ranking - Trailing
| Period | NSMAX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 19.5% | -16.9% | 31.0% | 1.13% |
| 1 Yr | 34.8% | -23.5% | 42.8% | 7.34% |
| 3 Yr | 10.9%* | -12.3% | 43.9% | 2.50% |
| 5 Yr | 13.5%* | -12.1% | 35.5% | 7.41% |
| 10 Yr | 9.1%* | -2.5% | 18.7% | 33.72% |
* Annualized
Return Ranking - Calendar
| Period | NSMAX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 13.6% | -19.9% | 29.0% | 50.47% |
| 2022 | -10.7% | -59.3% | 118.2% | 4.75% |
| 2021 | 14.6% | -31.6% | 39.3% | 31.66% |
| 2020 | 0.5% | -51.0% | 39.5% | 88.91% |
| 2019 | 29.8% | -5.6% | 37.8% | 1.65% |
Total Return Ranking - Trailing
| Period | NSMAX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 19.5% | -16.9% | 31.0% | 1.13% |
| 1 Yr | 34.8% | -23.5% | 42.8% | 7.34% |
| 3 Yr | 10.9%* | -12.3% | 43.9% | 2.50% |
| 5 Yr | 13.5%* | -12.1% | 35.5% | 7.41% |
| 10 Yr | 9.1%* | -2.5% | 18.7% | 33.72% |
* Annualized
Total Return Ranking - Calendar
| Period | NSMAX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 14.1% | -11.7% | 31.8% | 72.21% |
| 2022 | -5.9% | -45.2% | 123.7% | 3.42% |
| 2021 | 33.5% | 0.0% | 47.7% | 4.25% |
| 2020 | 0.7% | -50.5% | 46.9% | 95.05% |
| 2019 | 30.2% | 2.1% | 40.9% | 6.82% |
NAV & Total Return History
NSMAX - Holdings
Concentration Analysis
| NSMAX | Category Low | Category High | NSMAX % Rank | |
|---|---|---|---|---|
| Net Assets | 109 M | 529 K | 145 B | 81.39% |
| Number of Holdings | 61 | 2 | 2445 | 89.29% |
| Net Assets in Top 10 | 26 M | 120 K | 9.87 B | 76.32% |
| Weighting of Top 10 | 26.02% | 3.5% | 100.1% | 22.83% |
Top 10 Holdings
- ADMA Biologics Inc 4.37%
- BGC Group Inc 3.11%
- Flowserve Corp 2.51%
- United Therapeutics Corp 2.37%
- Seagate Technology Holdings PLC 2.31%
- nVent Electric PLC 2.30%
- ITT Inc 2.29%
- Iron Mountain Inc 2.28%
- Crane Co 2.26%
- Curtiss-Wright Corp 2.22%
Asset Allocation
| Weighting | Return Low | Return High | NSMAX % Rank | |
|---|---|---|---|---|
| Stocks | 99.59% | 7.51% | 107.74% | 16.92% |
| Cash | 0.86% | 0.00% | 42.24% | 66.73% |
| Other | 0.32% | -0.13% | 49.08% | 24.25% |
| Preferred Stocks | 0.00% | 0.00% | 6.06% | 69.17% |
| Convertible Bonds | 0.00% | 0.00% | 3.17% | 69.49% |
| Bonds | 0.00% | 0.00% | 87.66% | 70.86% |
Stock Sector Breakdown
| Weighting | Return Low | Return High | NSMAX % Rank | |
|---|---|---|---|---|
| Financial Services | 15.89% | 0.00% | 35.52% | 42.78% |
| Technology | 14.70% | 0.00% | 43.95% | 41.44% |
| Industrials | 14.44% | 2.46% | 37.42% | 84.22% |
| Healthcare | 13.58% | 0.00% | 26.53% | 49.24% |
| Real Estate | 10.98% | 0.00% | 29.43% | 6.27% |
| Energy | 7.62% | 0.00% | 37.72% | 20.72% |
| Consumer Cyclical | 6.78% | 0.99% | 47.79% | 92.02% |
| Basic Materials | 6.07% | 0.00% | 18.66% | 18.63% |
| Utilities | 5.42% | 0.00% | 18.58% | 6.84% |
| Consumer Defense | 4.54% | 0.00% | 18.87% | 38.97% |
| Communication Services | 0.00% | 0.00% | 14.85% | 98.10% |
Stock Geographic Breakdown
| Weighting | Return Low | Return High | NSMAX % Rank | |
|---|---|---|---|---|
| US | 97.72% | 4.48% | 107.74% | 60.71% |
| Non US | 1.87% | 0.00% | 94.62% | 7.33% |
NSMAX - Expenses
Operational Fees
| NSMAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 1.41% | 0.01% | 38.30% | 23.58% |
| Management Fee | 0.76% | 0.00% | 1.50% | 63.02% |
| 12b-1 Fee | 0.25% | 0.00% | 1.00% | 57.55% |
| Administrative Fee | N/A | 0.01% | 0.45% | N/A |
Sales Fees
| NSMAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Front Load | 5.75% | 3.50% | 5.75% | 31.25% |
| Deferred Load | N/A | 1.00% | 5.00% | N/A |
Trading Fees
| NSMAX 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.
| NSMAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | N/A | 1.00% | 314.00% | 59.04% |
NSMAX - Distributions
Dividend Yield Analysis
| NSMAX | Category Low | Category High | NSMAX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 0.21% | 0.00% | 42.47% | 70.86% |
Dividend Distribution Analysis
| NSMAX | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | None | Annual | SemiAnnual | Annual |
Net Income Ratio Analysis
| NSMAX | Category Low | Category High | NSMAX % Rank | |
|---|---|---|---|---|
| Net Income Ratio | 0.06% | -2.40% | 2.49% | 57.79% |
Capital Gain Distribution Analysis
| NSMAX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Distributions History
| Date | Amount | Type |
|---|---|---|
| Dec 28, 2023 | $0.075 | OrdinaryDividend |
| Dec 15, 2023 | $0.063 | CapitalGainLongTerm |
| Dec 29, 2022 | $0.685 | OrdinaryDividend |
| Dec 15, 2022 | $0.705 | OrdinaryDividend |
| Dec 30, 2021 | $0.108 | OrdinaryDividend |
| Dec 15, 2021 | $4.558 | OrdinaryDividend |
| Dec 30, 2020 | $0.062 | OrdinaryDividend |
| Dec 30, 2019 | $0.082 | OrdinaryDividend |
| Dec 17, 2018 | $1.208 | CapitalGainShortTerm |
| Dec 17, 2018 | $7.484 | CapitalGainLongTerm |
| Dec 28, 2017 | $0.012 | OrdinaryDividend |
| Dec 15, 2017 | $0.865 | CapitalGainShortTerm |
| Dec 15, 2017 | $0.865 | CapitalGainLongTerm |
| Dec 28, 2007 | $0.002 | OrdinaryDividend |
NSMAX - Fund Manager Analysis
Managers
Andrew Hwang
Start Date
Tenure
Tenure Rank
Feb 01, 2016
6.33
6.3%
Andrew C. Hwang, CFA, is a Managing Director, Portfolio Manager and Equity Analyst who joined NWQ in 1998.
Thomas Lavia
Start Date
Tenure
Tenure Rank
Jul 17, 2019
2.87
2.9%
Prior to joining NWQ in 2011, Tom spent four years at Relational Investors, LLC, where he was a Managing Director responsible for coverage of the technology industry. Tom was also a Partner and Analyst at Harlingwood Capital Management and spent two years at JMP Securities, LLC as a Vice-President and three years at Robertson Stephens, Inc., where he held roles in investment banking and equity research. Tom received his B.A. in Economics from the University of California, Berkeley. He became a Chartered Financial Analyst in 2004 and is a member of the CFA Institute and the CFA Society of Los Angeles.
Tenure Analysis
| Category Low | Category High | Category Average | Category Mode |
|---|---|---|---|
| 0.08 | 49.61 | 7.18 | 2.58 |