2 / 5 Stars
4 4 3 2 3
Zacks Investment Research
Standard & Poor's
3 / 5 Stars
#125 in Moderate Allocation
U.S. News evaluated 249 Moderate 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 13.71 percent over the past year, 8.87 percent over the past three years, 11.63 percent over the past five years, and 6.50 percent over the past decade.
|Trailing Returns||Updated 10.31.2013|
|Year to date||11.7%|
|3 Years (Annualized)||8.9%|
|5 Years (Annualized)||11.6%|
|10 Years (Annualized)||6.5%|
The investment seeks both capital growth and current income. The fund is a "fund of funds" which invests primarily in a variety of other mutual funds that are also advised by the fund's investment adviser (the "underlying funds"). It seeks to achieve its objective by generally providing significant allocations both to underlying funds that invest primarily in equity securities and to underlying funds that invest primarily in fixed income securities, but having a higher allocation to equity funds under most market conditions. The fund invests no more than 10% of its total assets, collectively, in unaffiliated pooled investment vehicles.
Fees are Average compared to funds in the same category.
Nuveen Strategy Balanced Allocation Fund has an expense ratio of 0.40 percent.
Risk is Above Average compared to funds in the same category according to Morningstar.