Nuveen Gresham Divers Cmdty Strat A
Name
As ofPrice
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
-15.6%
1 yr return
-13.9%
3 Yr Avg Return
-8.3%
5 Yr Avg Return
-7.1%
Net Assets
$25.9 M
Holdings in Top 10
47.6%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 1.52%
SALES FEES
Front Load 5.75%
Deferred Load N/A
TRADING FEES
Turnover 0.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$3,000
IRA
$2,500
Fund Classification
Fund Type
Open End Mutual Fund
Name
As ofPrice
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
NGVAX - Profile
Distributions
- YTD Total Return -15.6%
- 3 Yr Annualized Total Return -5.4%
- 5 Yr Annualized Total Return -5.3%
- Capital Gain Distribution Frequency N/A
- Net Income Ratio 0.81%
- Dividend Yield 0.0%
- Dividend Distribution Frequency Annually
Fund Details
-
Legal NameNuveen Gresham Diversified Commodity Strategy Fund
-
Fund Family NameNuveen
-
Inception DateJul 30, 2012
-
Shares OutstandingN/A
-
Share ClassA
-
CurrencyUSD
-
Domiciled CountryUnited States
-
ManagerRandy Migdal
Fund Description
NGVAX - Performance
Return Ranking - Trailing
Period | NGVAX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | -15.6% | -33.0% | 0.0% | 71.17% |
1 Yr | -13.9% | -36.7% | -3.1% | 69.37% |
3 Yr | -8.3%* | -21.8% | -0.8% | 61.22% |
5 Yr | -7.1%* | -20.4% | -0.2% | 61.80% |
10 Yr | N/A* | -16.8% | -5.4% | N/A |
* Annualized
Return Ranking - Calendar
Period | NGVAX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 6.1% | -8.3% | 16.6% | 46.36% |
2022 | -18.4% | -42.9% | -0.2% | 71.43% |
2021 | 2.3% | -13.1% | 10.5% | 30.85% |
2020 | 10.6% | 3.1% | 22.1% | 63.44% |
2019 | -25.9% | -64.9% | -7.2% | 72.29% |
Total Return Ranking - Trailing
Period | NGVAX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | -15.6% | -33.0% | 0.0% | 71.17% |
1 Yr | -13.9% | -36.7% | -3.1% | 69.37% |
3 Yr | -5.4%* | -21.8% | -0.3% | 35.71% |
5 Yr | -5.3%* | -18.0% | 0.2% | 55.06% |
10 Yr | N/A* | -14.8% | -3.5% | N/A |
* Annualized
Total Return Ranking - Calendar
Period | NGVAX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 6.1% | -8.3% | 16.6% | 46.36% |
2022 | -12.1% | -42.9% | -0.2% | 22.45% |
2021 | 4.2% | -8.3% | 10.9% | 37.23% |
2020 | 10.6% | 3.1% | 23.2% | 74.19% |
2019 | -25.9% | -62.9% | -7.2% | 73.49% |
NGVAX - Holdings
Concentration Analysis
NGVAX | Category Low | Category High | NGVAX % Rank | |
---|---|---|---|---|
Net Assets | 25.9 M | 1.03 M | 5.48 B | 85.71% |
Number of Holdings | 102 | 4 | 831 | 42.86% |
Net Assets in Top 10 | 12.4 M | -151 M | 1.51 B | 80.36% |
Weighting of Top 10 | 47.60% | 4.0% | 93.4% | 48.81% |
Top 10 Holdings
- United States Treasury Bills 0% 8.08%
- United States Treasury Bills 0% 6.35%
- United States Treasury Notes 2.38% 6.10%
- United States Treasury Bills 0% 5.77%
- United States Treasury Notes 1.88% 5.24%
- United States Treasury Notes 2% 4.86%
- United States Treasury Bills 0% 3.46%
- United States Treasury Notes 2.63% 3.22%
- United States Treasury Notes 1.38% 3.01%
- Lme Copper Future Jul20 1.52%
Asset Allocation
Weighting | Return Low | Return High | NGVAX % Rank | |
---|---|---|---|---|
Cash | 50.45% | -86.13% | 100.00% | 33.93% |
Bonds | 46.76% | 0.00% | 131.41% | 38.39% |
Other | 2.79% | -15.47% | 110.14% | 78.57% |
Stocks | 0.00% | -26.70% | 48.88% | 41.07% |
Preferred Stocks | 0.00% | 0.00% | 0.00% | 32.14% |
Convertible Bonds | 0.00% | 0.00% | 7.54% | 56.25% |
Bond Sector Breakdown
Weighting | Return Low | Return High | NGVAX % Rank | |
---|---|---|---|---|
Cash & Equivalents | 51.90% | 0.51% | 100.00% | 52.68% |
Government | 48.10% | 0.00% | 99.49% | 22.32% |
Derivative | 0.00% | 0.00% | 8.59% | 45.54% |
Securitized | 0.00% | 0.00% | 41.52% | 56.25% |
Corporate | 0.00% | 0.00% | 53.35% | 61.61% |
Municipal | 0.00% | 0.00% | 1.06% | 41.96% |
Bond Geographic Breakdown
Weighting | Return Low | Return High | NGVAX % Rank | |
---|---|---|---|---|
US | 46.76% | 0.00% | 143.78% | 37.50% |
Non US | 0.00% | -12.37% | 18.13% | 51.79% |
NGVAX - Expenses
Operational Fees
NGVAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 1.52% | 0.01% | 19.14% | 44.14% |
Management Fee | 0.96% | 0.00% | 1.75% | 80.36% |
12b-1 Fee | 0.25% | 0.00% | 1.00% | 28.79% |
Administrative Fee | N/A | 0.04% | 0.45% | N/A |
Sales Fees
NGVAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | 5.75% | 2.50% | 5.75% | 19.05% |
Deferred Load | N/A | 1.00% | 4.00% | N/A |
Trading Fees
NGVAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 1.00% | 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.
NGVAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 0.00% | 0.00% | 262.00% | 3.85% |
NGVAX - Distributions
Dividend Yield Analysis
NGVAX | Category Low | Category High | NGVAX % Rank | |
---|---|---|---|---|
Dividend Yield | 0.00% | 0.00% | 2.13% | 33.93% |
Dividend Distribution Analysis
NGVAX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Annually | Annually | Monthly | Quarterly |
Net Income Ratio Analysis
NGVAX | Category Low | Category High | NGVAX % Rank | |
---|---|---|---|---|
Net Income Ratio | 0.81% | -2.28% | 3.57% | 74.77% |
Capital Gain Distribution Analysis
NGVAX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Dec 31, 2018 | $0.781 | |
Dec 29, 2017 | $0.225 | |
Dec 31, 2012 | $0.303 |
NGVAX - Fund Manager Analysis
Managers
Randy Migdal
Start Date
Tenure
Tenure Rank
Jul 30, 2012
7.92
7.9%
Randy Migdal is a Portfolio Manager for the Investment Manager’s Near Term Active division. Mr. Migdal focuses on contract selection strategies for commodity futures positions. He has been the Portfolio Manager for TAP® since June 2006. From January 2003 to June 2006, Mr. Migdal was seconded to the Lehman Brothers Investment Management Division, managing the TAP portfolio. From July 1995 to January 2003, Mr. Migdal was the Supervisor of Proprietary Trading for the Investment Manager’s affiliate, The Falconwood Corporation, where his responsibilities included executing all trading activity for TAP®.
Chad Kemper
Start Date
Tenure
Tenure Rank
Dec 01, 2015
4.58
4.6%
Mr. Kemper is a co-manager on the Inflation Protected Securities product, as well as being responsible for the separately managed, government benchmarked accounts. He is also a member of the U.S. Interest Rates and Governments Sector Team, responsible for trading U.S. Treasury and agency securities. He began his career in the financial industry in 1999 when he joined the firm. He received a B.A. from the University of St. Thomas and an M.B.A. from Augsburg College.
John Clarke
Start Date
Tenure
Tenure Rank
Mar 18, 2016
4.29
4.3%
John Clarke is a Vice President at Gresham LLC, supporting Randy Migdal in trading for the Gresham Near Term Active Implementation strategies; handling short-term cash management; and responsible for foreign currency hedging transactions of the Near Term Active Implementation strategies. Prior to joining Gresham LLC in January, 2011, Mr. Clarke worked in the Quantitative Strategies Group at Primus Asset Management, a structured credit asset manager, where he focused on portfolio optimization and model development.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.25 | 15.11 | 5.98 | 9.59 |