Is Nuveen a good investment?

With nearly $1.1 trillion in assets under management as of Dec 31, 2019, Nuveen Investments manages a wide range of mutual funds, including both equity and fixed income funds, and domestic and foreign funds. Each has earned a Zacks Mutual Fund Rank #1 (Strong Buy) and is expected to outperform its peers in the future.

What does net expense ratio mean?

Prospectus net expense ratio This ratio reflects the percentage of mutual fund or ETF assets steered toward a fund’s operating expenses and fund management fees. It’s basically a list of fund expenses, minus brokerage costs and sales charges, and is calculated into the fund’s net asset value (NAV.)

What is SEC 30 day yield?

The SEC yield is a standard yield calculation developed by the U.S. Securities and Exchange Commission (SEC) that allows for fairer comparisons of bond funds. It is based on the most recent 30-day period covered by the fund’s filings with the SEC. It is also referred to as the “standardized yield.”

What is an R6 share Class?

R6-Class. This is a no-load class that offers shares with a fee structure that does not include a 12b-1 fee.

Is Nuveen owned by TIAA?

New York, October 1, 2014 — TIAA-CREF, a leading financial services provider, announced today that it has successfully completed its acquisition of Nuveen Investments, a diversified investment management company.

Is .95 expense ratio high?

A good expense ratio, from the investor’s viewpoint, is around 0.5% to 0.75% for an actively managed portfolio. An expense ratio greater than 1.5% is considered high.

Is 0.09 A good expense ratio?

A good expense ratio is between 0.5 and 0.75 percent for an actively managed portfolio. A fund that is greater than 1.5 percent is considered too high.

What is a class R investment?

R SHARES – This class is designated for retirement accounts. These funds usually do not carry any front-end or back-end charges. However, operating expenses may vary greatly from one fund family to another. They generally may only be purchased through 401(k) and other employer sponsored plans.

What is a 12b 1 fee?

So-called “12b-1 fees” are fees paid out of mutual fund or ETF assets to cover the costs of distribution – marketing and selling mutual fund shares – and sometimes to cover the costs of providing shareholder services. 12b-1 fees get their name from the SEC rule that authorizes a fund to charge them.