2 / 5 Stars
4 4 3 2 2
Zacks Investment Research
Standard & Poor's
3 / 5 Stars
#94 in Moderate Allocation
U.S. News evaluated 233 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 16.40 percent over the past year, 8.81 percent over the past three years, 12.39 percent over the past five years, and 6.70 percent over the past decade.
|Trailing Returns||Updated 06.30.2014|
|Year to date||5.7%|
|3 Years (Annualized)||8.8%|
|5 Years (Annualized)||12.4%|
|10 Years (Annualized)||6.7%|
The investment seeks both capital growth and current income. The fund 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. It may invest in an underlying absolute return fund in an effort to enhance the fund's returns and mitigate risk by holding an investment believed to have a reduced level of correlation with the equity and fixed income markets.
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.