XJMMX: Nuveen Multi-Market Income

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XJMMX Nuveen Multi-Market Income


Profile

XJMMX - Profile

Vitals

  • YTD Return -9.0%
  • 3 Yr Annualized Return -3.9%
  • 5 Yr Annualized Return -3.0%
  • Net Assets $67.4 M
  • Holdings in Top 10 24.2%

52 WEEK LOW AND HIGH

$7.29
$6.58
$8.07

Expenses

OPERATING RELATED FEES

  • Expense Ratio 2.19%

SALES FEES

  • Front Load N/A
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 159.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

  • Standard (Taxable) N/A
  • IRA N/A

Fund Classification

  • Primary Caregory
  • Fund Type Closed-end mutual fund
  • Investment Style Multisector Bond

Distributions

  • YTD Total Return -9.0%
  • 3 Yr Annualized Total Return -3.9%
  • 5 Yr Annualized Total Return -3.0%
  • Capital Gain Distribution Frequency N/A
  • Net Income Ratio 4.08%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name
    Nuveen Multi-Market Income Fund
  • Fund Family Name
    Nuveen
  • Inception Date
    Dec 30, 1988
  • Shares Outstanding
    9462350
  • Share Class
    N/A
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Jason O'Brien

Fund Description

N/A


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Categories

Performance

XJMMX - Performance

Return Ranking - Trailing

Period XJMMX Return Category Return Low Category Return High Rank in Category (%)
YTD -9.0% -55.0% 5.6% 84.83%
1 Yr -8.3% -55.3% 10.9% 84.02%
3 Yr -3.9%* -38.2% 4.9% 79.93%
5 Yr -3.0%* -32.1% 17.1% 84.96%
10 Yr N/A* -5.2% 1.0% 6.72%

* Annualized

Return Ranking - Calendar

Period XJMMX Return Category Return Low Category Return High Rank in Category (%)
2019 3.0% -35.1% 15.3% 87.08%
2018 -4.3% -48.0% 0.8% 17.94%
2017 0.9% -14.8% 11.2% 79.57%
2016 0.8% -11.2% 19.1% 83.15%
2015 -6.1% -51.1% 4.0% 58.97%

Total Return Ranking - Trailing

Period XJMMX Return Category Return Low Category Return High Rank in Category (%)
YTD -9.0% -55.0% 5.6% 84.83%
1 Yr -8.3% -55.3% 6.2% 84.02%
3 Yr -3.9%* -38.2% 3.4% 83.67%
5 Yr -3.0%* -32.1% 17.1% 89.43%
10 Yr N/A* -5.2% 5.4% 6.72%

* Annualized

Total Return Ranking - Calendar

Period XJMMX Return Category Return Low Category Return High Rank in Category (%)
2019 3.0% -35.1% 15.3% 87.38%
2018 -4.3% -48.0% 4.8% 42.19%
2017 0.9% -14.8% 14.0% 88.89%
2016 0.8% -11.2% 22.5% 85.71%
2015 -6.1% -51.1% 4.0% 68.80%

NAV & Total Return History


Holdings

XJMMX - Holdings

Concentration Analysis

XJMMX Category Low Category High XJMMX % Rank
Net Assets 67.4 M 6.88 M 114 B 81.58%
Number of Holdings 255 6 7410 70.74%
Net Assets in Top 10 19.8 M -41 B 5.37 B 71.88%
Weighting of Top 10 24.19% 4.3% 214.0% 50.90%

Top 10 Holdings

Asset Allocation

Weighting Return Low Return High XJMMX % Rank
Bonds
96.29% 36.67% 233.78% 23.45%
Other
31.60% -24.69% 31.60% 0.28%
Convertible Bonds
0.19% 0.00% 15.09% 78.69%
Stocks
0.00% -0.56% 27.98% 86.72%
Preferred Stocks
0.00% 0.00% 51.94% 88.92%
Cash
-28.07% -144.73% 60.85% 94.32%

Bond Sector Breakdown

Weighting Return Low Return High XJMMX % Rank
Securitized
80.12% 0.00% 99.22% 5.97%
Corporate
15.41% 0.00% 92.34% 84.94%
Cash & Equivalents
3.16% 0.17% 59.29% 75.85%
Government
0.85% 0.00% 99.82% 83.24%
Municipal
0.45% 0.00% 37.30% 26.14%
Derivative
0.00% -0.44% 41.70% 81.25%

Bond Geographic Breakdown

Weighting Return Low Return High XJMMX % Rank
US
92.69% 22.25% 233.33% 14.77%
Non US
3.60% -74.15% 71.00% 88.35%

Expenses

XJMMX - Expenses

Operational Fees

XJMMX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 2.19% 0.06% 24.26% 14.79%
Management Fee 0.65% 0.00% 2.25% 62.60%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee 0.10% 0.01% 0.70% 49.57%

Sales Fees

XJMMX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 1.00% 5.75% N/A
Deferred Load N/A 1.00% 5.50% N/A

Trading Fees

XJMMX 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.

XJMMX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 159.00% 0.00% 472.00% 85.89%

Distributions

XJMMX - Distributions

Dividend Yield Analysis

XJMMX Category Low Category High XJMMX % Rank
Dividend Yield 0.00% 0.00% 4.88% 71.82%

Dividend Distribution Analysis

XJMMX Category Low Category High Category Mod
Dividend Distribution Frequency Monthly Annually Monthly Monthly

Net Income Ratio Analysis

XJMMX Category Low Category High XJMMX % Rank
Net Income Ratio 4.08% 1.07% 10.10% 38.46%

Capital Gain Distribution Analysis

XJMMX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually

Dividend Payout History

View More +

Fund Manager Analysis

XJMMX - Fund Manager Analysis

Managers

Jason O'Brien


Start Date

Tenure

Tenure Rank

Jan 23, 2014

6.27

6.3%

Jason is a portfolio manager for Nuveen’s global fixed income team. He is the lead manager of the Nuveen Core and Public Funds strategies and is also a portfolio manager of the Short Duration Multi-Sector strategy. Previously, he oversaw the securitized debt sector team and is a member of the global fixed income strategy committee. He began working in the investment industry in 1993 when he joined the firm. Jason graduated with a B.A. in Finance from the University of St. Thomas. He holds the CFA® designation and is a member of the CFA® Institute and the CFA® Society of Minnesota.

Peter Agrimson


Start Date

Tenure

Tenure Rank

Mar 18, 2016

4.12

4.1%

Peter is a portfolio manager for Nuveen’s global fixed income team and the lead portfolio of the Short Duration Multi-Sector strategy and related institutional portfolios. Prior to his current role, he was a member of the securitized debt sector team, responsible for trading mortgage-backed securities, asset-backed securities and commercial mortgage-backed securities. Peter also performed credit analysis and surveillance for the firm’s mortgage backed securities and asset-backed securities portfolios. Before joining the firm in 2008, he served as credit analyst at Long Lake Partners, LLC, where he performed credit analysis for the company’s structured products portfolio. Peter graduated with a B.S. in Finance from Northern Illinois University. He holds the CFA® designation and is a member of the CFA® Institute.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.16 28.98 5.68 5.33