We downgrade Nuveen Global Infrastructure’s People and Process Pillar ratings to Average and Below Average, respectively, as its long-standing lead manager Jay Rosenberg is set to retire. Overall, this strategy benefits from a solid investment approach shepherded by a well-resourced team, but frequent use of tactical macroeconomic moves means that this offering may be exposed to more market-timing risk than many peers. Its execution has relied heavily on Rosenberg’s skills and insights.
Nuveen Global Infrastructure A FGIAX
- NAV / 1-Day Return 10.66 / +0.38 %
- Total Assets 448.3 Mil
-
Adj. Expense Ratio
1.220%
- Expense Ratio 1.220%
- Distribution Fee Level Below Average
- Share Class Type Front Load
- Category Infrastructure
- Investment Style Large Blend
- Min. Initial Investment 3,000
- Status Open
- TTM Yield 2.25%
- Turnover 90%
USD | NAV as of Apr 19, 2024 | 1-Day Return as of Apr 19, 2024, 10:13 PM GMT+0
Morningstar’s Analysis FGIAX
Will FGIAX 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 30.2
|
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
|---|---|---|---|
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Williams Companies Inc | 2.21 | 9.9 Mil | Energy |
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Flughafen Zuerich AG | 2.02 | 9.1 Mil | Industrials |