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Nuveen Strategic Income A FCDDX

Morningstar Analyst Rating
Analyst rating as of
NAV / 1-Day Return
11.21  /  0.01 %
Total Assets
662.4 Mil
Adj. Expense Ratio
0.840%
Expense Ratio
0.840%
Fee Level
Low
Longest Manager Tenure
5.27 years
Category
Multisector Bond
Credit Quality / Interest Rate Sensitivity
Low / Limited
Min. Initial Investment
3,000
Status
Open
TTM Yield
3.06%
Effective Duration
4.02 years

USD | NAV as of Jun 23, 2021 | 1-Day Return as of Jun 23, 2021, 10:13 PM GMT+00:00

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Morningstar’s Analysis

Will FCDDX outperform in future?

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

Process Pillar

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

People Pillar

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The People Pillar is our evaluation of the FCDDX 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

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

New leadership.

Associate Director

Summary

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The integration of legacy TIAA and Nuveen teams improved resources and leadership at Nuveen Strategic Income, but fixed-income CIO and lead manager Bill Martin’s departure at the end of 2020 means some time is needed to develop a full picture of the strategy’s leadership. All share classes retain their Morningstar Analyst Rating of Neutral.

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