3 Nuveen Mutual Funds for Higher Returns
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jun 27 2024
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Source: NASDAQ.COM
Nuveen Investments Overview:
- Founded in 1898 by John Nuveen, headquartered in Chicago, IL.
- Aims to provide financial services through a multi-boutique structure.
- Manages $1.2 trillion of assets under management as of Mar 31, 2024.
- Offers various asset classes and products, including equity and alternative funds.
Top-Ranked Nuveen Mutual Funds:
- Includes Nuveen Mid Cap Value Premier TRVPX, Nuveen Large Cap Value Retire TRLCX, and Nuveen Core Equity Premier TRPGX.
- All three funds have a Zacks Mutual Fund Rank #1 (Strong Buy).
- Nuveen Mid Cap Value Premier focuses on medium-sized U.S. companies.
- Nuveen Large Cap Value Retire invests in large-cap companies.
- Nuveen Core Equity Premier targets equity securities for capital appreciation and dividend generation.
Performance Details:
- Nuveen Mid Cap Value Premier has 3-year annualized returns of 5.2%.
- Nuveen Large Cap Value Retire has 3-year annualized returns of 7% with an expense ratio of 0.66%.
- Nuveen Core Equity Premier has 3-year annualized returns of 10.3% managed by Valerie Grant since November 2022.
Investment Recommendations:
- Investors can access the complete list of Nuveen mutual funds for further details.
- Zacks Investment Research provides insights on top news, analysis, and mutual fund performance weekly.
Zacks Investment Research Insights:
- Zacks offers a free Fund Newsletter with top-performing mutual funds and stock recommendations.
- Analysts may underestimate certain stocks, potentially leading to significant jumps in value upon earnings announcements.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
