| Scorecard |
|---|
|
2 / 5 Stars
|
|
Lipper
5
4
1
2
2
|
|
Zacks Investment Research
1
(Strong Buy)
|
|
Standard & Poor's
---
|
|
TheStreet.com
B-
(Buy)
|
U.S. News evaluated 30 Long-Term Bond Funds. Our list highlights the top-rated funds for long-term investors based on the ratings of leading fund industry researchers.
Performance
The fund has returned 17.41 percent over the past year, 12.01 percent over the past three years, and 9.36 percent over the past five years.
| Trailing Returns | Updated 04.30.2013 |
|---|---|
| Year to date | 4.9% |
| 1 Year | 17.4% |
| 3 Years (Annualized) | 12.0% |
| 5 Years (Annualized) | 9.4% |
| 10 Years (Annualized) | N/A |
Summary
The investment seeks a high level of current income and total return. Under normal market conditions, the fund invests at least 80% of its net assets (plus the amount of any borrowings for investment purposes) in preferred securities. It intends to invest at least 25% of its assets in the preferred securities of companies principally engaged in financial services. The fund normally invests at least 60% of its net assets in securities rated investment grade. It may invest up to 40% of its net assets in securities rated below investment grade. The fund is non-diversified.
Fees
Fees are High compared to funds in the same category.
Nuveen Preferred Securities Fund has an expense ratio of 1.83 percent.
Risk
Risk is High compared to funds in the same category according to Morningstar.
