Nuveen Strategic Income benefits from a strong investment organization, but it courts more risk than many sibling strategies and its lead manager hasn’t been at the helm long enough to assess with confidence.
Nuveen Strategic Income C FCBCX
- NAV / 1-Day Return 9.59 / −0.19 %
- Total Assets 781.9 Mil
-
Adj. Expense Ratio
- Expense Ratio 1.590%
- Distribution Fee Level Below Average
- Share Class Type Level Load
- Category Multisector Bond
- Credit Quality / Interest Rate Sensitivity Medium/Moderate
- Min. Initial Investment 3,000
- Status Open
- TTM Yield 4.86%
- Effective Duration 4.88 years
USD | NAV as of Apr 24, 2024 | 1-Day Return as of Apr 24, 2024, 11:37 PM GMT+0
Morningstar’s Analysis FCBCX
Will FCBCX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
People Pillar
Parent Pillar
- Current Portfolio Date
- Equity Holdings —
- Bond Holdings —
- Other Holdings —
- % Assets in Top 10 Holdings 10.3
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
---|---|---|---|
United States Treasury Bonds 4.75% | 1.98 | 15.6 Mil | Government |
United States Treasury Bonds 4.5% | 1.92 | 15.1 Mil | Government |
Fixed Income Clearing Corp Repo | 1.59 | 12.5 Mil | Cash and Equivalents |
Federal National Mortgage Association 5.5% | 0.92 | 7.2 Mil | Securitized |
Federal National Mortgage Association 5.5% | 0.90 | 7.1 Mil | Securitized |
Federal National Mortgage Association 5.5% | 0.86 | 6.8 Mil | Securitized |
Federal National Mortgage Association 5% | 0.83 | 6.5 Mil | Securitized |
Federal National Mortgage Association 6% | 0.78 | 6.2 Mil | Securitized |
CONNECTICUT AVENUE SECURITIES TRUST 2023-R04 13.57% | 0.73 | 5.8 Mil | Securitized |
CONNECTICUT AVENUE SECURITIES TRUST 2022-R02 12.97% | 0.69 | 5.5 Mil | Securitized |