Morningstar

Nuveen Strategic Income Fund Class I FCBYX

Morningstar Medalist Rating
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Medalist Rating as of See Nuveen Investment Hub
  • NAV / 1-Day Return $9.62  /  +0.10 %
  • Fund Size $1.4B
  • Adjusted Expense Ratio 0.550%
  • Net Expense Ratio 0.550%
  • Fee Level: Distribution Low
  • Share Class Type Institutional
  • Morningstar Category Multisector Bond
  • Fixed-Income Style Box (Funds) Medium/Limited
  • Minimum Initial Investment $100,000
  • Investment Status Open
  • TTM Yield 5.76%
  • Average Effective Duration 4.17 yrs
NAV and 1-Day Return as of

Morningstar’s Analysis FCBYX

Will FCBYX outperform in the future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable FCBYX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the FCBYX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of FCBYX’s parent organization’s priorities and whether they’re in line with investors’ interests.

A distinctive strategy with more to prove.

Associate Analyst Joe Bullard

Joe Bullard

Associate Analyst

Summary

A deep fixed-income platform supports the experienced team running Nuveen Strategic Income. While there are bright spots in its approach, the securitized-heavy strategy remains somewhat unproven over a full market cycle.

by Joe Bullard
Rated on Published on

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Portfolio Holdings FCBYX

More FCBYX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 8.9
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

United States Treasury Bonds 5%

2.15 31M
Government

Fixed Income Clearing Corp Repo

2.04 30M
Cash and Equivalents

United States Treasury Bonds 5%

1.80 26M
Government

United States Treasury Notes 4.25%

0.90 13M
Government

United States Treasury Notes 4.63%

0.82 12M
Government

American Express Company 6.45%

0.70 10M
Corporate

United States Treasury Notes 4.25%

0.61 9M
Government

Morgan Stanley Private Bank National Association 4.47%

0.58 8M
Corporate

United States Treasury Notes 3.88%

0.48 7M
Government

Federal National Mortgage Association 5.5%

0.48 7M
Securitized

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