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.
Nuveen High Yield Income I NCOIX
NAV / 1-Day Return
19.50
/
0.16
%
Total Assets
592.0 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.
0.750%
Expense Ratio
0.760%
Fee Level
Above Average
Longest Manager Tenure
1.77
years
Category
High Yield Bond
Credit Quality / Interest Rate Sensitivity
Low / LimitedMin. Initial Investment
100,000
Status
Open
TTM Yield
5.48%
Effective Duration
3.20
years
Premium
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 NCOIX 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 NCOIX’s performance objective and investment process is for both security selection and portfolio construction.
People Pillar
The People Pillar is our evaluation of the NCOIX 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 NCOIX’s parent organization’s priorities and whether they’re in line with investors’ interests.
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