Nuveen Strategic Income benefits from a strong investment organization, but it courts more risk than many sibling strategies and its lead manager hasn’t been at the helm long enough to assess with confidence.
Nuveen Strategic Income R6 FSFRX
- NAV / 1-Day Return 9.68 / −0.09 %
- Total Assets 781.9 Mil
-
Adj. Expense Ratio
- Expense Ratio 0.500%
- Distribution Fee Level Below Average
- Share Class Type Retirement, Large
- Category Multisector Bond
- Credit Quality / Interest Rate Sensitivity Medium/Moderate
- Min. Initial Investment 1.0 Mil
- Status Open
- TTM Yield 5.94%
- Effective Duration 4.88 years
USD | NAV as of Apr 24, 2024 | 1-Day Return as of Apr 24, 2024, 11:37 PM GMT+0
Morningstar’s Analysis FSFRX
Will FSFRX 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 10.3
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
---|---|---|---|
United States Treasury Bonds 4.75% | 1.98 | 15.6 Mil | Government |
United States Treasury Bonds 4.5% | 1.92 | 15.1 Mil | Government |
Fixed Income Clearing Corp Repo | 1.59 | 12.5 Mil | Cash and Equivalents |
Federal National Mortgage Association 5.5% | 0.92 | 7.2 Mil | Securitized |
Federal National Mortgage Association 5.5% | 0.90 | 7.1 Mil | Securitized |
Federal National Mortgage Association 5.5% | 0.86 | 6.8 Mil | Securitized |
Federal National Mortgage Association 5% | 0.83 | 6.5 Mil | Securitized |
Federal National Mortgage Association 6% | 0.78 | 6.2 Mil | Securitized |
CONNECTICUT AVENUE SECURITIES TRUST 2023-R04 13.57% | 0.73 | 5.8 Mil | Securitized |
CONNECTICUT AVENUE SECURITIES TRUST 2022-R02 12.97% | 0.69 | 5.5 Mil | Securitized |