Nuveen Emerging Markets Equity Fund
Name
As of 12/20/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
0.6%
1 yr return
2.5%
3 Yr Avg Return
-2.7%
5 Yr Avg Return
-1.9%
Net Assets
$1.68 B
Holdings in Top 10
48.5%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 0.90%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 112.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$2,000,000
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 12/20/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
TEMLX - Profile
Distributions
- YTD Total Return 0.6%
- 3 Yr Annualized Total Return -2.7%
- 5 Yr Annualized Total Return -1.9%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 0.61%
- Dividend Yield 2.6%
- Dividend Distribution Frequency Annual
Fund Details
-
Legal NameNuveen Emerging Markets Equity Fund
-
Fund Family NameNuveen Funds
-
Inception DateAug 31, 2010
-
Shares OutstandingN/A
-
Share ClassR6
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerBarton Grenning
Fund Description
Under normal circumstances, the Fund invests at least 80% of its assets in equity securities of emerging market issuers or in instruments with economic characteristics similar to emerging market equity securities. The Fund considers an “emerging market security” to be a security that is principally traded on a securities exchange of an emerging market or that is issued by an issuer that has primary operations in an emerging market. The Fund generally defines an “emerging market” as any of the countries or markets represented in the Fund’s benchmark index, the MSCI Emerging Markets®Index (“MSCI EM Index”), or any other country or market with similar emerging characteristics. The stock selection decisions of the Fund’s investment adviser, Teachers Advisors, LLC (“Advisors”), drive Advisors’ country and regional asset allocations for the Fund. However, Advisors regularly compares the Fund’s sector and country exposure against the MSCI EM Index to assess its comparative investment exposures. Advisors looks for companies of any size that it believes have sustainable earnings growth, focused management with successful track records, unique and easy-to-understand franchises (brands), stock prices that do not fully reflect the stock’s potential value (based on current earnings, assets, and long-term growth prospects), and consistent generation of free cash flow. For purposes of the 80% investment policy, the term “assets” means net assets, plus the amount of any borrowings for investment purposes.
The Fund may purchase and sell futures, options, swaps and other equity derivatives to carry out the Fund’s investment strategies.
TEMLX - Performance
Return Ranking - Trailing
Period | TEMLX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 0.6% | -22.8% | 34.0% | 90.86% |
1 Yr | 2.5% | -21.0% | 32.8% | 90.29% |
3 Yr | -2.7%* | -13.7% | 10.1% | 51.70% |
5 Yr | -1.9%* | -7.0% | 10.4% | 93.15% |
10 Yr | 2.5%* | -1.5% | 8.6% | 74.87% |
* Annualized
Return Ranking - Calendar
Period | TEMLX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 10.2% | -6.5% | 35.5% | 33.10% |
2022 | -20.1% | -50.1% | -2.4% | 18.11% |
2021 | -33.0% | -33.1% | 22.5% | 99.84% |
2020 | 8.5% | -22.1% | 80.1% | 83.36% |
2019 | 26.7% | -0.7% | 42.0% | 9.97% |
Total Return Ranking - Trailing
Period | TEMLX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 0.6% | -22.8% | 34.0% | 90.86% |
1 Yr | 2.5% | -21.0% | 32.8% | 90.29% |
3 Yr | -2.7%* | -13.7% | 10.1% | 51.70% |
5 Yr | -1.9%* | -7.0% | 10.4% | 93.15% |
10 Yr | 2.5%* | -1.5% | 8.6% | 74.87% |
* Annualized
Total Return Ranking - Calendar
Period | TEMLX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 14.0% | -1.0% | 42.0% | 28.67% |
2022 | -20.0% | -42.2% | 1.9% | 28.28% |
2021 | -16.6% | -32.5% | 33.1% | 98.44% |
2020 | 18.2% | -20.0% | 81.6% | 46.66% |
2019 | 28.6% | 2.3% | 42.0% | 9.63% |
NAV & Total Return History
TEMLX - Holdings
Concentration Analysis
TEMLX | Category Low | Category High | TEMLX % Rank | |
---|---|---|---|---|
Net Assets | 1.68 B | 682 K | 111 B | 29.06% |
Number of Holdings | 61 | 9 | 7534 | 80.91% |
Net Assets in Top 10 | 837 M | 290 K | 23.8 B | 21.94% |
Weighting of Top 10 | 48.52% | 2.9% | 101.1% | 6.56% |
Top 10 Holdings
- Taiwan Semiconductor Manufacturing Co Ltd 10.80%
- Samsung Electronics Co Ltd 7.46%
- Reliance Industries Ltd 6.01%
- Alibaba Group Holding Ltd 5.00%
- JD.com, Inc 3.98%
- Tencent Holdings Ltd 3.90%
- Arcos Dorados Holdings, Inc 3.86%
- HDFC Bank Ltd 3.21%
- BYD Co Ltd 2.20%
- Saudi Arabian Oil Co 2.07%
Asset Allocation
Weighting | Return Low | Return High | TEMLX % Rank | |
---|---|---|---|---|
Stocks | 99.37% | 0.00% | 103.28% | 16.52% |
Cash | 0.63% | -2.03% | 98.08% | 78.49% |
Preferred Stocks | 0.00% | 0.00% | 13.31% | 76.07% |
Other | 0.00% | -1.11% | 39.53% | 56.84% |
Convertible Bonds | 0.00% | 0.00% | 7.40% | 42.90% |
Bonds | 0.00% | 0.00% | 95.13% | 47.86% |
Stock Sector Breakdown
Weighting | Return Low | Return High | TEMLX % Rank | |
---|---|---|---|---|
Technology | 22.83% | 0.00% | 47.50% | 43.15% |
Consumer Cyclical | 22.00% | 0.00% | 48.94% | 3.90% |
Financial Services | 14.90% | 0.00% | 48.86% | 87.30% |
Communication Services | 14.27% | 0.00% | 39.29% | 4.18% |
Energy | 10.24% | 0.00% | 24.80% | 3.75% |
Consumer Defense | 6.82% | 0.00% | 25.90% | 35.93% |
Basic Materials | 5.96% | 0.00% | 30.03% | 69.55% |
Healthcare | 2.98% | 0.00% | 16.53% | 66.67% |
Utilities | 0.00% | 0.00% | 39.12% | 83.26% |
Real Estate | 0.00% | 0.00% | 17.15% | 90.48% |
Industrials | 0.00% | 0.00% | 43.53% | 98.12% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | TEMLX % Rank | |
---|---|---|---|---|
Non US | 89.67% | 0.00% | 100.52% | 33.33% |
US | 9.71% | 0.00% | 100.95% | 49.29% |
TEMLX - Expenses
Operational Fees
TEMLX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 0.90% | 0.03% | 29.98% | 80.00% |
Management Fee | 0.84% | 0.00% | 2.00% | 41.65% |
12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
Administrative Fee | N/A | 0.01% | 0.85% | N/A |
Sales Fees
TEMLX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 3.50% | 5.75% | N/A |
Deferred Load | N/A | 1.00% | 5.00% | N/A |
Trading Fees
TEMLX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 1.00% | 2.00% | 14.78% |
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.
TEMLX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 112.00% | 0.00% | 189.00% | 91.56% |
TEMLX - Distributions
Dividend Yield Analysis
TEMLX | Category Low | Category High | TEMLX % Rank | |
---|---|---|---|---|
Dividend Yield | 2.62% | 0.00% | 9.74% | 17.81% |
Dividend Distribution Analysis
TEMLX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Annual | Annual | Quarterly | Annual |
Net Income Ratio Analysis
TEMLX | Category Low | Category High | TEMLX % Rank | |
---|---|---|---|---|
Net Income Ratio | 0.61% | -1.98% | 17.62% | 54.29% |
Capital Gain Distribution Analysis
TEMLX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Dec 06, 2024 | $0.205 | OrdinaryDividend |
Dec 08, 2023 | $0.260 | OrdinaryDividend |
Dec 09, 2022 | $0.004 | OrdinaryDividend |
Dec 10, 2021 | $2.225 | OrdinaryDividend |
Dec 11, 2020 | $1.209 | OrdinaryDividend |
Dec 06, 2019 | $0.177 | OrdinaryDividend |
Dec 07, 2018 | $0.389 | CapitalGainLongTerm |
Dec 07, 2018 | $0.055 | OrdinaryDividend |
Dec 08, 2017 | $0.446 | CapitalGainLongTerm |
Dec 08, 2017 | $0.103 | OrdinaryDividend |
Dec 09, 2016 | $0.084 | OrdinaryDividend |
Dec 11, 2015 | $0.086 | OrdinaryDividend |
Dec 12, 2014 | $0.131 | OrdinaryDividend |
Dec 13, 2013 | $0.078 | OrdinaryDividend |
Dec 07, 2012 | $0.119 | OrdinaryDividend |
Dec 09, 2011 | $0.068 | OrdinaryDividend |
Dec 10, 2010 | $0.019 | CapitalGainShortTerm |
TEMLX - Fund Manager Analysis
Managers
Barton Grenning
Start Date
Tenure
Tenure Rank
Mar 01, 2015
7.25
7.3%
Barton is the lead active equity portfolio manager for Nuveen’ Emerging Markets Equity strategy. He is a member of the equity research team and is responsible for overseeing a team of analysts who manage portfolios in the Asian consumer products and global consumer products sector.Prior to joining the firm in 2008, Barton served as vice president at Pequot Capital where he ran a long/short Asian portfolio within a global hedge fund. Prior to that, he held positions at Credit Suisse, Morgan Stanley and UBS in Asian equity sales covering buy-side institutions in the western region of the U.S. Barton graduated with a B.A., magna cum laude, in Economics from the University of California, Berkeley.
Lisa Wang
Start Date
Tenure
Tenure Rank
Mar 01, 2019
3.25
3.3%
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.09 | 33.71 | 6.68 | 13.42 |