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Trending ETFs

Name

As of 06/04/2021

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

$11.23

$669 M

2.84%

$0.05

1.22%

Vitals

YTD Return

-0.6%

1 yr return

9.4%

3 Yr Avg Return

6.3%

5 Yr Avg Return

5.1%

Net Assets

$669 M

Holdings in Top 10

9.1%

52 WEEK LOW AND HIGH

$11.2
$10.71
$11.31

Expenses

OPERATING FEES

Expense Ratio 1.22%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover 62.00%

Redemption Fee N/A


Min Investment

Standard (Taxable)

$0

IRA

N/A


Fund Classification

Fund Type

Open End Mutual Fund


Name

As of 06/04/2021

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

$11.23

$669 M

2.84%

$0.05

1.22%

FABSX - Profile

Distributions

  • YTD Total Return -0.6%
  • 3 Yr Annualized Total Return 6.3%
  • 5 Yr Annualized Total Return 5.1%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 3.22%
DIVIDENDS
  • Dividend Yield 2.8%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name
    Nuveen Strategic Income Fund
  • Fund Family Name
    Nuveen
  • Inception Date
    Sep 24, 2001
  • Shares Outstanding
    273609
  • Share Class
    Retirement
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Douglas Baker

Fund Description


FABSX - Performance

Return Ranking - Trailing

Period FABSX Return Category Return Low Category Return High Rank in Category (%)
YTD -0.6% -23.4% 25.9% 81.14%
1 Yr 9.4% -33.8% 53.1% 57.57%
3 Yr 6.3%* -10.9% 11.5% 15.50%
5 Yr 5.1%* -13.9% 14.6% 33.02%
10 Yr 4.4%* -1.9% 12.5% 31.44%

* Annualized

Return Ranking - Calendar

Period FABSX Return Category Return Low Category Return High Rank in Category (%)
2023 4.3% -49.2% 314.3% 20.60%
2022 9.1% -35.1% 15.3% 2.80%
2021 -6.8% -48.0% 3.4% 74.96%
2020 0.4% -14.8% 11.2% 75.61%
2019 3.7% -11.2% 10.7% 39.33%

Total Return Ranking - Trailing

Period FABSX Return Category Return Low Category Return High Rank in Category (%)
YTD -0.6% -23.4% 26.4% 80.76%
1 Yr 9.4% -37.6% 53.1% 48.32%
3 Yr 6.3%* -12.6% 11.5% 14.01%
5 Yr 5.1%* -14.9% 14.6% 29.05%
10 Yr 4.4%* -1.9% 12.5% 28.05%

* Annualized

Total Return Ranking - Calendar

Period FABSX Return Category Return Low Category Return High Rank in Category (%)
2023 4.3% -49.2% 314.3% 20.60%
2022 9.1% -35.1% 15.3% 2.80%
2021 -6.8% -48.0% 8.0% 80.65%
2020 0.4% -14.8% 15.2% 83.51%
2019 3.7% -11.2% 17.7% 53.56%

NAV & Total Return History


FABSX - Holdings

Concentration Analysis

FABSX Category Low Category High FABSX % Rank
Net Assets 669 M 1.57 M 139 B 49.80%
Number of Holdings 676 3 8055 35.67%
Net Assets in Top 10 64.7 M -4.67 B 5.97 B 48.92%
Weighting of Top 10 9.12% 4.2% 100.0% 91.35%

Top 10 Holdings

  1. Federal National Mortgage Association 2.5% 3.31%
  2. Government National Mortgage Association 2.5% 3.11%
  3. Federal National Mortgage Association 2% 3.05%
  4. Government National Mortgage Association 2.5% 3.01%
  5. Government National Mortgage Association 2.5% 2.73%
  6. Government National Mortgage Association 2.5% 2.55%
  7. Federal National Mortgage Association 2.5% 2.55%
  8. Government National Mortgage Association 2.5% 2.34%
  9. Federal National Mortgage Association 2.5% 2.33%
  10. Federal National Mortgage Association 2% 2.29%

Asset Allocation

Weighting Return Low Return High FABSX % Rank
Bonds
85.03% -148.49% 302.14% 53.50%
Cash
9.26% -210.92% 260.09% 40.76%
Convertible Bonds
4.49% 0.00% 206.37% 23.44%
Preferred Stocks
1.23% 0.00% 33.20% 19.11%
Stocks
0.00% -84.00% 190.25% 82.29%
Other
0.00% -45.66% 106.30% 64.97%

Bond Sector Breakdown

Weighting Return Low Return High FABSX % Rank
Corporate
54.17% 0.00% 100.00% 34.52%
Securitized
30.60% 0.00% 97.98% 28.41%
Cash & Equivalents
9.33% 0.00% 100.00% 46.24%
Government
5.19% 0.00% 99.63% 60.38%
Municipal
0.71% 0.00% 55.87% 13.25%
Derivative
0.00% 0.00% 67.54% 78.73%

Bond Geographic Breakdown

Weighting Return Low Return High FABSX % Rank
US
66.05% -148.77% 209.58% 43.18%
Non US
18.98% 0.00% 105.85% 49.94%

FABSX - Expenses

Operational Fees

FABSX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.22% 0.01% 6.50% 48.49%
Management Fee 0.54% 0.00% 2.25% 30.06%
12b-1 Fee 0.50% 0.00% 1.00% 66.29%
Administrative Fee N/A 0.01% 0.70% N/A

Sales Fees

FABSX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 0.00% 5.75% N/A
Deferred Load N/A 1.00% 5.50% N/A

Trading Fees

FABSX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 0.40% 2.00% N/A

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

FABSX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 62.00% 0.00% 498.00% 28.72%

FABSX - Distributions

Dividend Yield Analysis

FABSX Category Low Category High FABSX % Rank
Dividend Yield 2.84% 0.00% 5.21% 59.55%

Dividend Distribution Analysis

FABSX Category Low Category High Category Mod
Dividend Distribution Frequency Monthly Annually Monthly Monthly

Net Income Ratio Analysis

FABSX Category Low Category High FABSX % Rank
Net Income Ratio 3.22% -1.28% 11.44% 49.74%

Capital Gain Distribution Analysis

FABSX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Semi-Annually Annually

Distributions History

View More +

FABSX - Fund Manager Analysis

Managers

Douglas Baker


Start Date

Tenure

Tenure Rank

Mar 18, 2016

5.21

5.2%

Mr. Baker is the head of the Preferred Securities Sector Team and a member of the Fixed Income Strategy Committee, which establishes investment policy for all taxable fixed income products. He co-leads the taxable fixed income credit oversight process, which provides a structure for implementing credit strategy across taxable fixed income. As a senior fixed income portfolio manager, he is the lead manager for Nuveen Asset Management’s Preferred Securities related strategies, as well as a co-portfolio manager for the Multi-Sector, Core Plus Bond, and Inflation Protected Municipal Bond strategie

Katherine Renfrew


Start Date

Tenure

Tenure Rank

Mar 26, 2019

2.18

2.2%

Katherine Rendrew works as managing director in Nuveen Asset Managemtn and other advisory affiliates.

Kevin Lorenz


Start Date

Tenure

Tenure Rank

Mar 26, 2019

2.18

2.2%

Kevin is a portfolio manager for Nuveen’s global fixed income team and heads the leveraged finance sector team, which selects high yield and leveraged loan securities for all portfolios. He is also the lead portfolio manager for the High Yield strategies, co-manager of the Multi-Sector Bond strategy and a member of the Investment Committee, which establishes investment policy for all global fixed income products. Kevin has served in a variety of roles since joining the firm in 1987. He has been investing in high yield over his entire career and has focused exclusively on high yield since 1995. He began his career at the firm as a generalist focusing on the private placement market. Kevin has been quoted in The New York Times, Barron’s, The Wall Street Journal, Reuters and other financial press as well as appearances on CNBC for his seasoned views on the high yield asset class. Kevin graduated with a B.S. in Accounting from Rider University and an M.B.A. in Finance from Indiana University. He holds the CFA designation and is a member of the New York Society of Security Analysts. CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.

Nicholas Travaglino


Start Date

Tenure

Tenure Rank

Mar 26, 2019

2.18

2.2%

Nicholas is a portfolio manager for Nuveen’s global fixed income team and leads the securitized sector team, which selects residential mortgagebacked, commercial mortgage-backed and asset-backed securities for all portfolios. He is also the co-manager of the Inflation-Linked Bond strategy and the Multi-Sector Bond strategy. Nick is also a member of the Investment Committee, which establishes investment policy for all global fixed income products. Prior to joining the firm in 2014, Nicholas worked for Royal Bank of Canada Capital Markets, where he managed a $2 billion Agency MBS position within RBC’s proprietary trading unit. He also worked for Citigroup Global Markets, where he was responsible for positioning and trading Citi’s long duration CMO book. Nicholas began his career in portfolio management at Freddie Mac and entered the investment industry since 1997. Nicholas graduated with a B.S. in Commerce, with concentrations in Finance and Marketing, from the University of Virginia.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.03 27.43 5.49 2.19