Nuveen Global Infrastructure’s management team is experienced and long-tenured, employing a well-reasoned fundamental stock-picking approach. However, the process includes a high turnover macro overlay that courts market-timing risk, with mixed results. The fund's two cheapest share classes earn a Morningstar Analyst Rating of Bronze, and the more-expensive share classes remain at Neutral.
Will FGNCX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
The Process Pillar is our assessment of how sensible, clearly defined, and repeatable FGNCX’s performance objective and investment process is for both security selection and portfolio construction.
The People Pillar is our evaluation of the FGNCX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.
The Parent Pillar is our rating of FGNCX’s parent organization’s priorities and whether they’re in line with investors’ interests.