Morningstar

Nuveen Strategic Income Fund Class R6 FSFRX

Morningstar Medalist Rating
Medalist Rating as of | See Nuveen Investment Hub
  • NAV / 1-Day Return 9.90  /  +0.20 %
  • Total Assets 1.4B
  • Adj. Expense Ratio
    0.470%
  • Expense Ratio 0.470%
  • Distribution Fee Level Low
  • Share Class Type Retirement, Large
  • Category Multisector Bond
  • Credit Quality / Interest Rate Sensitivity Medium/Limited
  • Min. Initial Investment 1M
  • Status Open
  • TTM Yield 5.85%
  • Effective Duration 4.33 years

USD | NAV as of Aug 08, 2026 | 1-Day Return as of Aug 08, 2026, 12:11 AM GMT+0

Morningstar’s Analysis FSFRX

Will FSFRX 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 FSFRX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the FSFRX 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 FSFRX’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
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Portfolio Holdings FSFRX

More FSFRX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 9.5
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

United States Treasury Bonds 5%

2.17 31M
Government

Fixed Income Clearing Corp Repo

1.79 26M
Cash and Equivalents

United States Treasury Bonds 5%

1.69 24M
Government

State Str Navigator Secs Lending Tr

1.18 17M
Cash and Equivalents

United States Treasury Notes 4.13%

1.04 15M
Government

United States Treasury Notes 3.88%

1.04 15M
Government

Morgan Stanley Private Bank National Association 4.47%

0.75 11M
Corporate

United States Treasury Notes 4.25%

0.69 10M
Government

United States Treasury Notes 4.13%

0.62 9M
Government

United States Treasury Notes 4.38%

0.55 8M
Government

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