Effective June 1, 2023, the prospectus on Nuveen Flexible Income will reflect a maximum equity allocation of 10% (down from 35% prior). Practically, over the past five years ended December 2022, its average equity exposure was roughly 12%, more in line with the impending change. This adjustment doesn’t alter our Morningstar Medalist Ratings at this time, but we will continue to monitor the portfolio and incorporate changes into our assessment when appropriate.
Nuveen Flexible Income C NWQCX
- NAV / 1-Day Return 18.67 / +0.04 %
- Total Assets 1.1 Bil
-
Adj. Expense Ratio
- Expense Ratio 1.710%
- Distribution Fee Level Average
- Share Class Type Level Load
- Category Multisector Bond
- Credit Quality / Interest Rate Sensitivity —
- Min. Initial Investment 3,000
- Status Open
- TTM Yield 4.48%
- Effective Duration —
USD | NAV as of Mar 28, 2024 | 1-Day Return as of Mar 28, 2024, 10:16 PM GMT+0
Morningstar’s Analysis NWQCX
Will NWQCX 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 17.4
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
---|---|---|---|
AT&T Inc 6.81% | 2.61 | 28.6 Mil | Corporate |
Sprint LLC 7.13% | 2.45 | 26.8 Mil | Corporate |
JPMorgan Chase & Co DR | 2.22 | 24.3 Mil | Financial Services |
Citigroup Inc. 6.25% | 2.13 | 23.4 Mil | Corporate |
Hewlett Packard Enterprise Company 6.35% | 2.08 | 22.8 Mil | Corporate |
Albertsons Cos Inc / Safeway Inc / New Albertsons LP / Albertsons LLC / (Al | 1.98 | 21.7 Mil | Corporate |
Vistra Energy Corporation 8% | 1.87 | 20.5 Mil | Corporate |
Emera Inc 6.75% | 1.65 | 18.1 Mil | Corporate |
Tripadvisor Inc 7% | 1.50 | 16.4 Mil | Corporate |
General Motors Company 6.6% | 1.47 | 16.1 Mil | Corporate |