4 / 5 Stars
4 4 2 4 1
Zacks Investment Research
Standard & Poor's
U.S. News evaluated 187 Conservative Allocation Funds. Our list highlights the top-rated funds for long-term investors based on the ratings of leading fund industry researchers.
The fund has returned 8.59 percent over the past year, and 9.21 percent over the past three years.
|Trailing Returns||Updated 06.30.2014|
|Year to date||11.7%|
|3 Years (Annualized)||9.2%|
|5 Years (Annualized)||N/A|
|10 Years (Annualized)||N/A|
The investment seeks to provide current income and capital appreciation. 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. The fund will invest at least 25% of its assets in securities of companies principally engaged in financial services. It may invest without limit in below-investment-grade securities, commonly referred to as "high yield" or "junk bonds." The fund may invest up to 50% of its net assets in dollar-denominated securities issued by non-U.S. companies.
Fees are Above Average compared to funds in the same category.
Nuveen NWQ Flexible Income Fund has an expense ratio of 0.97 percent.
Risk is Average compared to funds in the same category according to Morningstar.