NWQIX: Nuveen NWQ Flexible Income Fund - MutualFunds.com

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Nuveen NWQ Flexible Income I

NWQIX - Snapshot

Vitals

  • YTD Return -0.6%
  • 3 Yr Annualized Return 4.5%
  • 5 Yr Annualized Return 6.0%
  • Net Assets $1.6 B
  • Holdings in Top 10 16.0%

52 WEEK LOW AND HIGH

$22.09
$17.15
$22.63

Expenses

OPERATING RELATED FEES

  • Expense Ratio 0.80%

SALES FEES

  • Front Load N/A
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 24.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

  • Standard (Taxable) $100,000
  • IRA N/A

Fund Classification


Compare NWQIX to Popular U.S. Conservative Allocation Funds and ETFs

Overview

Income Profile

Income Risk

Returns Profile

Allocations

Expenses

About

$17.25

+0.23%

$5.60 B

2.33%

$0.40

6.42%

-

$14.38

+0.28%

$5.52 B

1.49%

$0.21

5.58%

-

$13.13

+0.15%

$4.90 B

4.87%

$0.64

-4.65%

-

$12.92

+0.47%

$2.68 B

1.94%

$0.25

3.53%

-

$13.76

+0.44%

$2.40 B

2.74%

$0.38

5.93%

-

NWQIX - Profile

Distributions

  • YTD Total Return -0.6%
  • 3 Yr Annualized Total Return 4.5%
  • 5 Yr Annualized Total Return 6.0%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 5.09%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name
    Nuveen NWQ Flexible Income Fund
  • Fund Family Name
    Nuveen
  • Inception Date
    Dec 09, 2009
  • Shares Outstanding
    N/A
  • Share Class
    Inst
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Susi Budiman

Fund Description

The fund invests at least 80% of its net assets in income producing securities. It invests at least 65% of its net assets in preferred and debt securities. It may invest without limit in below-investment-grade securities, commonly referred to as "high yield" securities or "junk" bonds. The fund may invest up to 50% of its net assets in dollar-denominated securities issued by non-U.S. companies.


NWQIX - Performance

Return Ranking - Trailing

Period NWQIX Return Category Return Low Category Return High Rank in Category (%)
YTD -0.6% -10.4% 10.1% 92.49%
1 Yr 1.9% -11.3% 8.3% 71.68%
3 Yr 4.5%* -2.3% 6.3% 17.54%
5 Yr 6.0%* -0.9% 6.4% 3.59%
10 Yr 6.7%* 0.9% 6.8% 1.60%

* Annualized

Return Ranking - Calendar

Period NWQIX Return Category Return Low Category Return High Rank in Category (%)
2019 11.8% 3.0% 15.2% 1.76%
2018 -9.5% -18.4% -1.2% 80.98%
2017 3.1% -9.1% 9.9% 69.23%
2016 4.3% -3.4% 17.3% 23.29%
2015 -4.6% -40.3% -1.0% 34.29%

Total Return Ranking - Trailing

Period NWQIX Return Category Return Low Category Return High Rank in Category (%)
YTD -0.6% -10.4% 10.1% 92.49%
1 Yr 1.9% -14.9% 8.3% 61.85%
3 Yr 4.5%* -3.2% 6.3% 14.62%
5 Yr 6.0%* -0.9% 6.4% 2.99%
10 Yr 6.7%* 0.9% 6.8% 1.60%

* Annualized

Total Return Ranking - Calendar

Period NWQIX Return Category Return Low Category Return High Rank in Category (%)
2019 11.8% 3.0% 15.2% 4.71%
2018 -9.5% -18.4% 0.4% 84.05%
2017 3.4% -3.3% 15.3% 80.77%
2016 4.2% -3.4% 19.9% 63.01%
2015 -4.6% -16.2% 1.4% 65.71%

NAV & Total Return History


NWQIX - Holdings

Concentration Analysis

NWQIX Category Low Category High NWQIX % Rank
Net Assets 1.6 B 1.38 M 5.6 B 19.67%
Number of Holdings 163 3 3665 27.87%
Net Assets in Top 10 254 M 870 K 5.52 B 41.53%
Weighting of Top 10 16.03% 6.7% 100.0% 93.60%

Top 10 Holdings

  1. Hewlett Packard Enterprise Company 6.35% 2.49%
  2. ViacomCBS Inc 6.88% 2.14%
  3. Citigroup Inc. 6.25% 1.82%
  4. Emera Inc 6.75% 1.48%
  5. McDonald's Corporation 4.88% 1.45%
  6. General Motors Company 6.6% 1.39%
  7. Trinseo Materials Operating SCA and Trinseo Materials Finance, Inc 5.38% 1.39%
  8. Wells Fargo & Co 7 1/2 % Non Cum Perp Conv Pfd Shs -A- Series -L- 1.35%
  9. JPMorgan Chase & Co Deposit Shs Repr 1/10th Non-Cum Perp Pfd Shs Series -S- 1.27%
  10. VMware Inc 4.7% 1.26%

Asset Allocation

Weighting Return Low Return High NWQIX % Rank
Bonds
68.17% 26.02% 89.78% 55.74%
Preferred Stocks
15.15% 0.00% 15.15% 1.09%
Stocks
9.12% 1.28% 33.61% 93.44%
Cash
3.70% -22.10% 64.27% 66.12%
Convertible Bonds
3.49% 0.00% 6.44% 12.57%
Other
0.36% -4.21% 46.27% 46.45%

Stock Sector Breakdown

Weighting Return Low Return High NWQIX % Rank
Utilities
41.91% 0.00% 41.91% 1.09%
Healthcare
41.66% 0.00% 41.66% 1.09%
Industrials
4.62% 0.00% 23.14% 89.62%
Technology
4.51% 0.00% 29.76% 86.89%
Real Estate
4.46% 0.00% 89.31% 49.73%
Financial Services
2.84% 0.00% 73.69% 90.71%
Energy
0.00% 0.00% 23.75% 98.91%
Communication Services
0.00% 0.00% 11.82% 94.54%
Consumer Defense
0.00% 0.00% 25.23% 97.81%
Consumer Cyclical
0.00% 0.00% 15.45% 98.91%
Basic Materials
0.00% 0.00% 100.00% 97.27%

Stock Geographic Breakdown

Weighting Return Low Return High NWQIX % Rank
US
6.29% 0.06% 24.85% 93.99%
Non US
2.83% -1.72% 12.83% 75.96%

Bond Sector Breakdown

Weighting Return Low Return High NWQIX % Rank
Corporate
95.91% 0.00% 95.91% 1.09%
Cash & Equivalents
4.09% 0.22% 69.80% 86.89%
Derivative
0.00% 0.00% 25.25% 84.70%
Securitized
0.00% 0.00% 45.54% 98.36%
Municipal
0.00% 0.00% 19.07% 85.25%
Government
0.00% 0.00% 72.49% 97.27%

Bond Geographic Breakdown

Weighting Return Low Return High NWQIX % Rank
US
62.99% 22.14% 84.76% 31.69%
Non US
5.18% -15.64% 31.73% 74.86%

NWQIX - Expenses

Operational Fees

NWQIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.80% 0.06% 16.08% 42.77%
Management Fee 0.68% 0.00% 1.20% 91.80%
12b-1 Fee 0.00% 0.00% 1.00% 10.71%
Administrative Fee N/A 0.01% 0.47% N/A

Sales Fees

NWQIX 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% 1.00% N/A

Trading Fees

NWQIX 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.

NWQIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 24.00% 0.00% 353.91% 41.18%

NWQIX - Distributions

Dividend Yield Analysis

NWQIX Category Low Category High NWQIX % Rank
Dividend Yield 0.00% 0.00% 7.30% 59.56%

Dividend Distribution Analysis

NWQIX Category Low Category High Category Mod
Dividend Distribution Frequency Monthly Annually Monthly Quarterly

Net Income Ratio Analysis

NWQIX Category Low Category High NWQIX % Rank
Net Income Ratio 5.09% -0.55% 6.36% 3.43%

Capital Gain Distribution Analysis

NWQIX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually Annually

Dividend Payout History

View More +

NWQIX - Fund Manager Analysis

Managers

Susi Budiman


Start Date

Tenure

Tenure Rank

Jan 06, 2015

5.82

5.8%

Prior to joining NWQ in 2006, Ms. Budiman was Portfolio Manager for China Life Insurance Company, Ltd. in Taiwan. Prior to the fixed income portfolio management position, Ms. Budiman was a currency exchange sales associate at Fleet National Bank in Singapore covering Asian , Euro, UK and other major currencies. Ms. Budiman graduated from the University of British Columbia with a Bachelor of Commerce degree in Finance.

Thomas Ray


Start Date

Tenure

Tenure Rank

Jan 06, 2015

5.82

5.8%

Thomas J. Ray, CFA, is a Managing Director, Co-Head of Fixed Income and Portfolio Manager/Analyst at NWQ Investment Management Company, LLC (“NWQ”). Prior to joining NWQ in 2015, Tom was a Private Investor. Prior to that, he served as Chief Investment Officer, President and founding member of Inflective Asset Management; a boutique investment firm specializing in convertible securities, from 2001 until 2011. From 2011 until joining NWQ in 2015, Mr. Ray was a private investor.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.08 26.1 5.3 2.09
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