3 / 5 Stars
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Zacks Investment Research
Standard & Poor's
3 / 5 Stars
U.S. News evaluated 140 Mid-Cap Blend 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 20.05 percent over the past year, 12.57 percent over the past three years, 21.53 percent over the past five years, and 8.48 percent over the past decade.
|Trailing Returns||Updated 01.31.2014|
|Year to date||-2.2%|
|3 Years (Annualized)||12.6%|
|5 Years (Annualized)||21.5%|
|10 Years (Annualized)||8.5%|
The investment seeks to provide investment results that correspond to the performance of the Standard & Poor's MidCap 400® Index. The fund generally invests at least 90% of its net assets, plus the amount of any borrowings for investment purposes, in common stocks included in the S&P MidCap 400 Index. It will attempt to achieve a correlation between the performance of its portfolio and that of the S&P MidCap 400 Index of at least 95%, without taking into account expenses of the fund. The fund may invest in stock index futures contracts, options on stock indices, and options on stock index futures ("derivatives") on the S&P MidCap 400 Index.
Fees are High compared to funds in the same category.
Nuveen Mid Cap Index Fund has an expense ratio of 1.48 percent.
Risk is Average compared to funds in the same category according to Morningstar.