Nuveen High Yield Income (formerly Nuveen Symphony High Yield Income) has seen some process tweaks and leadership turnover in recent years. Although these may redound to the strategy’s benefit, it is too early to tell, and it currently earns a Morningstar Analyst Rating of Neutral for most share classes and a Negative for its most expensive.
Will NCOAX 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 NCOAX’s performance objective and investment process is for both security selection and portfolio construction.
The People Pillar is our evaluation of the NCOAX 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 NCOAX’s parent organization’s priorities and whether they’re in line with investors’ interests.