Nuveen NWQ Small/Mid-Cap Value’s team and approach haven’t offered a compelling risk/reward profile. As such, the strategy’s R6 shares are downgraded from a Morningstar Analyst Rating of Bronze to Neutral, where all other share classes remain.
Nuveen Small/Mid-Cap Value A NSMAX
NAV / 1-Day Return
27.56
/
1.36
%
Total Assets
40.8 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.
1.310%
Expense Ratio
1.310%
Fee Level
Above Average
Longest Manager Tenure
5.97
years
Category
Small Blend
Investment Style
Small ValueMin. Initial Investment
3,000
Status
Open
TTM Yield
0.32%
Turnover
57%
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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 NSMAX 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 NSMAX’s performance objective and investment process is for both security selection and portfolio construction.
People Pillar
The People Pillar is our evaluation of the NSMAX 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 NSMAX’s parent organization’s priorities and whether they’re in line with investors’ interests.
These managers still have more to prove.
