Nuveen Real Estate Securities I
- FARCX
- Price as of: Nov 25, 2020
-
$18.49
N/A N/A
- Primary Theme
- Real Estate Sector Equity
- Fund Company
- Nuveen
- Share Class
FARCX - Snapshot
Vitals
- YTD Return -10.1%
- 3 Yr Annualized Return 1.3%
- 5 Yr Annualized Return 2.9%
- Net Assets $2.1 B
- Holdings in Top 10 46.5%
52 WEEK LOW AND HIGH
Expenses
OPERATING RELATED FEES
- Expense Ratio 1.06%
SALES FEES
- Front Load N/A
- Deferred Load N/A
BROKERAGE FEES
- Turnover 109.00%
TRADING FEES
- Max Redemption Fee N/A
Min Investment
- Standard (Taxable) $100,000
- IRA N/A
Fund Classification
-
Primary Theme
Real Estate Sector Equity
- Fund Type Open End Mutual Fund
- Investment Style Real Estate
FARCX - Profile
Distributions
- YTD Total Return -10.1%
- 3 Yr Annualized Total Return 1.3%
- 5 Yr Annualized Total Return 2.9%
- Capital Gain Distribution Frequency None
- Net Income Ratio 1.80%
- Dividend Yield 0.0%
- Dividend Distribution Frequency Quarterly
Fund Details
-
Legal NameNuveen Real Estate Securities Fund
-
Fund Family NameNuveen
-
Inception DateJun 30, 1995
-
Shares Outstanding91738654
-
Share ClassInst
-
CurrencyUSD
-
Domiciled CountryUnited States
-
ManagerJay Rosenberg
Fund Description
The fund normally invests at least 80% of the sum of its net assets and the amount of any borrowings for investment purposes in income-producing common stocks of publicly traded companies engaged in the real estate industry. The advisor expects to emphasize investments in equity REITs, although it may invest in all three kinds of REITs. It may invest up to 15% of its total assets in non-dollar denominated equity securities of non-U.S. issuers. Up to 15% of the fund's total assets may be invested in equity securities of emerging market issuers.
FARCX - Performance
Return Ranking - Trailing
| Period | FARCX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | -10.1% | -42.2% | 26.0% | 66.42% |
| 1 Yr | -17.0% | -45.9% | 27.2% | 53.85% |
| 3 Yr | 1.3%* | -16.7% | 12.3% | 55.81% |
| 5 Yr | 2.9%* | -5.3% | 12.8% | 52.57% |
| 10 Yr | 7.5%* | 2.4% | 14.3% | 43.06% |
* Annualized
Return Ranking - Calendar
| Period | FARCX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2019 | 12.3% | -0.8% | 43.1% | 77.48% |
| 2018 | -10.8% | -44.0% | 4.9% | 51.63% |
| 2017 | -6.9% | -16.4% | 25.4% | 84.75% |
| 2016 | -3.9% | -13.1% | 340.0% | 64.90% |
| 2015 | -4.7% | -18.4% | 7.7% | 62.43% |
Total Return Ranking - Trailing
| Period | FARCX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | -10.1% | -42.2% | 26.0% | 66.42% |
| 1 Yr | -17.0% | -45.9% | 27.2% | 48.25% |
| 3 Yr | 1.3%* | -16.7% | 12.3% | 51.31% |
| 5 Yr | 2.9%* | -5.5% | 12.8% | 50.20% |
| 10 Yr | 7.5%* | 2.4% | 14.3% | 40.67% |
* Annualized
Total Return Ranking - Calendar
| Period | FARCX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2019 | 12.3% | -0.8% | 43.1% | 77.48% |
| 2018 | -5.6% | -43.3% | 4.9% | 19.11% |
| 2017 | 5.7% | -13.6% | 31.4% | 30.04% |
| 2016 | 6.8% | -12.3% | 13.4% | 21.63% |
| 2015 | 3.5% | -18.4% | 7.7% | 21.16% |
NAV & Total Return History
FARCX - Holdings
Concentration Analysis
| FARCX | Category Low | Category High | FARCX % Rank | |
|---|---|---|---|---|
| Net Assets | 2.1 B | 1.15 M | 53.9 B | 18.18% |
| Number of Holdings | 95 | 18 | 562 | 17.83% |
| Net Assets in Top 10 | 1 B | 538 K | 26.5 B | 19.58% |
| Weighting of Top 10 | 46.50% | 14.1% | 76.1% | 73.36% |
Top 10 Holdings
- Prologis Inc 10.77%
- Equinix Inc 8.44%
- Public Storage 4.86%
- Digital Realty Trust Inc 4.13%
- Duke Realty Corp 3.79%
- Alexandria Real Estate Equities Inc 3.18%
- Invitation Homes Inc 3.13%
- Mid-America Apartment Communities Inc 2.98%
- Welltower Inc 2.64%
- Equity Lifestyle Properties Inc 2.60%
Asset Allocation
| Weighting | Return Low | Return High | FARCX % Rank | |
|---|---|---|---|---|
| Stocks | 99.09% | 0.00% | 101.95% | 52.10% |
| Cash | 0.91% | -104.20% | 19.25% | 38.46% |
| Preferred Stocks | 0.00% | 0.00% | 49.58% | 81.12% |
| Other | 0.00% | -10.54% | 95.74% | 78.67% |
| Convertible Bonds | 0.00% | 0.00% | 7.50% | 78.67% |
| Bonds | 0.00% | -9.65% | 101.08% | 79.02% |
Stock Sector Breakdown
| Weighting | Return Low | Return High | FARCX % Rank | |
|---|---|---|---|---|
| Real Estate | 100.00% | 30.32% | 100.00% | 30.66% |
| Utilities | 0.00% | 0.00% | 6.35% | 78.10% |
| Technology | 0.00% | 0.00% | 14.65% | 80.29% |
| Industrials | 0.00% | 0.00% | 10.82% | 79.93% |
| Healthcare | 0.00% | 0.00% | 39.57% | 77.37% |
| Financial Services | 0.00% | 0.00% | 37.05% | 81.02% |
| Energy | 0.00% | 0.00% | 0.67% | 77.37% |
| Communication Services | 0.00% | 0.00% | 11.27% | 78.47% |
| Consumer Defense | 0.00% | 0.00% | 2.24% | 77.01% |
| Consumer Cyclical | 0.00% | 0.00% | 41.45% | 85.04% |
| Basic Materials | 0.00% | 0.00% | 6.50% | 77.37% |
Stock Geographic Breakdown
| Weighting | Return Low | Return High | FARCX % Rank | |
|---|---|---|---|---|
| US | 99.05% | 0.00% | 100.44% | 47.55% |
| Non US | 0.04% | 0.00% | 32.67% | 24.83% |
FARCX - Expenses
Operational Fees
| FARCX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 1.06% | 0.07% | 23.80% | 58.67% |
| Management Fee | 0.84% | 0.00% | 1.67% | 73.08% |
| 12b-1 Fee | 0.00% | 0.00% | 1.00% | 12.95% |
| Administrative Fee | N/A | 0.01% | 0.47% | N/A |
Sales Fees
| FARCX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Front Load | N/A | 2.50% | 5.75% | N/A |
| Deferred Load | N/A | 1.00% | 5.00% | N/A |
Trading Fees
| FARCX 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.
| FARCX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | 109.00% | 1.54% | 257.00% | 89.21% |
FARCX - Distributions
Dividend Yield Analysis
| FARCX | Category Low | Category High | FARCX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 0.00% | 0.00% | 10.07% | 80.42% |
Dividend Distribution Analysis
| FARCX | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | Quarterly | Annually | Quarterly | Annually |
Net Income Ratio Analysis
| FARCX | Category Low | Category High | FARCX % Rank | |
|---|---|---|---|---|
| Net Income Ratio | 1.80% | -2.55% | 6.71% | 47.35% |
Capital Gain Distribution Analysis
| FARCX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | None | Annually | Annually | Annually |
Dividend Payout History
| Date | Amount |
|---|---|
| Apr 01, 2019 | $0.140 |
| Dec 31, 2018 | $0.111 |
| Oct 01, 2018 | $0.127 |
| Jul 02, 2018 | $0.133 |
| Apr 02, 2018 | $0.128 |
| Dec 29, 2017 | $0.187 |
| Oct 02, 2017 | $0.137 |
| Jul 03, 2017 | $0.143 |
| Apr 03, 2017 | $0.128 |
| Dec 30, 2016 | $0.207 |
| Oct 03, 2016 | $0.209 |
| Jul 01, 2016 | $0.171 |
| Apr 01, 2016 | $0.173 |
| Dec 31, 2015 | $0.187 |
| Oct 01, 2015 | $0.144 |
| Jul 01, 2015 | $0.213 |
| Apr 01, 2015 | $0.134 |
| Dec 31, 2014 | $0.224 |
| Oct 01, 2014 | $0.135 |
| Jul 01, 2014 | $0.147 |
| Apr 01, 2014 | $0.130 |
| Dec 31, 2013 | $0.167 |
| Oct 01, 2013 | $0.145 |
| Jul 01, 2013 | $0.125 |
| Apr 01, 2013 | $0.123 |
| Dec 31, 2012 | $0.095 |
| Oct 01, 2012 | $0.119 |
| Jul 02, 2012 | $0.126 |
| Apr 02, 2012 | $0.150 |
| Dec 30, 2011 | $0.121 |
| Oct 03, 2011 | $0.082 |
| Jul 01, 2011 | $0.104 |
| Apr 01, 2011 | $0.106 |
| Dec 30, 2010 | $0.098 |
| Sep 29, 2010 | $0.095 |
| Jun 29, 2010 | $0.100 |
| Mar 30, 2010 | $0.141 |
| Dec 30, 2009 | $0.083 |
| Sep 29, 2009 | $0.150 |
| Jun 29, 2009 | $0.150 |
| Mar 30, 2009 | $0.100 |
| Dec 30, 2008 | $0.100 |
| Sep 29, 2008 | $0.090 |
| Jun 27, 2008 | $0.100 |
| Mar 28, 2008 | $0.127 |
| Dec 28, 2007 | $0.127 |
| Sep 26, 2007 | $0.130 |
| Jun 27, 2007 | $0.130 |
| Mar 28, 2007 | $0.150 |
| Sep 22, 2006 | $0.150 |
| Jun 23, 2006 | $0.155 |
| Mar 24, 2006 | $0.160 |
| Dec 22, 2005 | $0.160 |
| Sep 23, 2005 | $0.185 |
| Jun 23, 2005 | $0.115 |
| Mar 28, 2005 | $0.160 |
| Dec 22, 2004 | $0.139 |
| Sep 27, 2004 | $0.150 |
| Jun 29, 2004 | $0.170 |
| Mar 26, 2004 | $0.170 |
| Dec 23, 2003 | $0.170 |
| Sep 16, 2003 | $0.200 |
| Jun 24, 2003 | $0.150 |
| Mar 25, 2003 | $0.104 |
| Dec 23, 2002 | $0.276 |
| Sep 24, 2002 | $0.176 |
| Jun 21, 2002 | $0.160 |
| Mar 22, 2002 | $0.164 |
| Dec 21, 2001 | $0.281 |
| Sep 20, 2001 | $0.022 |
| Jun 22, 2001 | $0.183 |
| Mar 22, 2001 | $0.195 |
| Dec 21, 2000 | $0.188 |
| Sep 22, 2000 | $0.186 |
| Jun 23, 2000 | $0.224 |
| Mar 24, 2000 | $0.208 |
| Dec 22, 1999 | $0.219 |
| Sep 23, 1999 | $0.180 |
| Jun 24, 1999 | $0.168 |
| Mar 24, 1999 | $0.185 |
| Dec 23, 1998 | $0.184 |
| Sep 24, 1998 | $0.214 |
| Jun 24, 1998 | $0.188 |
| Mar 24, 1998 | $0.181 |
| Dec 23, 1997 | $0.158 |
| Sep 24, 1997 | $0.161 |
| Jun 24, 1997 | $0.173 |
| Mar 24, 1997 | $0.175 |
| Sep 24, 1996 | $0.179 |
| Jun 25, 1996 | $0.166 |
| Mar 25, 1996 | $0.181 |
| Dec 26, 1995 | $0.177 |
| Sep 25, 1995 | $0.148 |
FARCX - Fund Manager Analysis
Managers
Jay Rosenberg
Start Date
Tenure
Tenure Rank
May 30, 2005
15.43
15.4%
Jay L. Rosenberg entered the financial services industry in 1995. He has been a Managing Director and Lead Portfolio Manager of the Real Estate Securities and Global Infrastructure at Nuveen Asset Management since joining the firm in 2011. He has been Lead Portfolio Manager of the Real Asset Income strategy since September 2011, and in May 2014 he was named Head of Investments for Real Assets. Jay graduated from the University of Wisconsin–Madison, where he received a B.S. He received a master’s degree in urban planning and public policy from the University of Illinois–Chicago.
Scott Sedlak
Start Date
Tenure
Tenure Rank
Mar 21, 2011
9.62
9.6%
Scott C. Sedlak entered the financial services industry in 2000. He joined Nuveen Asset Management in 2011 as Vice President and Senior Research Analyst. He was named Co-Portfolio Manager of the Real Estate Securities strategy in March 2011 and Senior Vice President in March 2012. Scott earned a B.S. in business administration – finance from Truman State University. He is a member ofthe National Association of Real Estate InvestmentTrusts (NAREIT).
Sarah Wade
Start Date
Tenure
Tenure Rank
Jun 15, 2017
3.38
3.4%
Sarah J. Wade entered the financial services industry in 1997. She joined Nuveen Asset Management in 2011 as Vice President and Senior Research Analyst. She was named Senior Vice President in 2014
Tenure Analysis
| Category Low | Category High | Category Average | Category Mode |
|---|---|---|---|
| 0.18 | 26.84 | 8.28 | 1.1 |