3 / 5 Stars
2 1 5 4 4
Zacks Investment Research
5 (Strong Sell)
Standard & Poor's
3 / 5 Stars
#4 in Multialternative
U.S. News evaluated 109 Multialternative 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 -4.18 percent over the past year, and 1.72 percent over the past three years.
|Trailing Returns||Updated 10.31.2013|
|Year to date||-4.0%|
|3 Years (Annualized)||1.7%|
|5 Years (Annualized)||N/A|
|10 Years (Annualized)||N/A|
The investment seeks to earn a positive total return over a reasonable period of time, regardless of market conditions. The fund will seek to outperform the Merrill Lynch 3 Month Treasury Bill Index (the "Treasury Bill Index") by 400 basis points, or 4%, on an annualized basis. It generally gains exposure to the above asset classes by investing in derivative instruments and exchange-traded funds ("ETFs"), except that the fund invests directly in U.S. Treasury obligations, non-U.S. government obligations that have an investment grade rating from at least one rating agency and money market funds.
Fees are Low compared to funds in the same category.
Nuveen Tactical Market Opportunities Fund has an expense ratio of 0.93 percent.
Risk is Low compared to funds in the same category according to Morningstar.