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.
Nuveen Global Infrastructure C FGNCX
NAV / 1-Day Return
10.99
/
0.63
%
Total Assets
637.9 Mil
Adj. Expense Ratio
Adjusted Expense Ratio excludes certain variable investment-related expenses, such as interest from borrowings and dividends on borrowed securities, allowing for more consistent cost comparisons across funds.
1.970%
Expense Ratio
1.970%
Fee Level
Average
Longest Manager Tenure
14.11
years
Category
Infrastructure
Investment Style
Large BlendMin. Initial Investment
3,000
Status
Open
TTM Yield
1.68%
Turnover
181%
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Morningstar’s Analysis
The Morningstar Analysis section contains a thorough evaluation of an investment’s merits and drawbacks and often discusses the most important or decisive factors leading to the fund’s overall rating.
The Morningstar Analysis section contains a thorough evaluation of an investment’s merits and drawbacks and often discusses the most important or decisive factors leading to the fund’s overall rating.
Will FGNCX outperform in 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 FGNCX’s performance objective and investment process is for both security selection and portfolio construction.
People Pillar
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.
Parent Pillar
The Parent Pillar is our rating of FGNCX’s parent organization’s priorities and whether they’re in line with investors’ interests.
An infrastructure fund with an active macro overlay.
