Investment Strategy

A strategy that invests primarily in equity securities of non-U.S. companies with mid- to large-sized capitalizations through a disciplined, value oriented process that seeks long-term capital appreciation and international diversification.

Who should invest

Investors Seeking:
  • The potential long-term growth opportunities of international stocks
  • An added level of diversification

A Word On Risk

An investment in the Fund is subject to market risk or the risk that stocks in the portfolio will decline in response to such factors as adverse company news or industry developments or a general economic decline. As with any mutual fund, possible loss of principal is a risk of investing.
Investments in foreign stocks present additional risks, including foreign company risk, market risk, currency risk and correlation risk. Furthermore, investing in securities of developing countries involves greater risk than, or in addition to, investing in developed foreign countries.

Fund Basics: A Shares

Select Share Class: A | B | C | I | R3
Fund SymbolNAIGX
Fund Cusip67065W506
Inception Date12/20/1999
Latest NAV as of 9/02/2010$23.83

Investment Style


Style boxes reflect the investment strategies and various types of securities in which the fund intends to principally invest as outlined in the prospectus. A box will be filled in if a fund invests a substantial amount under normal circumstances in that category.

Market capitalization represents Nuveen Investments’ standard definitions for the aggregate value of a company or stock. "Large Cap" represents $5 billion and above; "Medium" or "Mid-Cap" represents $1 billion to $5 billion; "Small-Cap" represents less than $1 billion.

Style represents the approach to investing. Growth seeks companies with above average earnings growth or potential; Value seeks stocks priced near or below the value of the company’s assets. Blend is a mixture of both value and growth stocks in a fund.

Portfolio Manager(s)

Alberto Jimenez Crespo is a portfolio manager and covers basic materials and coal. Alberto joined Tradewinds from Merrill Lynch, where as an equity analyst in the private client group he provided investment advice to financial advisors pertaining to commodity trends, and the basic materials and energy sectors. Alberto also spent three years as a sell-side equity analyst at Salomon Smith Barney in New York, covering steel, pulp & paper, and metals & mining stocks. Prior to that, he was a financial analyst for Enron and Shell developing financial models, structuring deals and valuing investments in a wide variety of industries within the energy and basic materials sectors. Alberto graduated from Colorado School of Mines with a master's degree in economics. A native Spanish speaker, he earned both bachelor and master of science degrees in mining engineering from Universidad Politécnica de Madrid (Spain). He received his chartered financial analyst designation in 2004 and is a member of CFA Institute and New York Society of Security Analysts.

Peter Boardman is a portfolio manager and a senior research analyst overseeing consumer durables. Prior to joining NWQ and transitioning to the affiliate Tradewinds, Peter was a senior analyst with USAA Investment Management managing the Japan portion of the firm's international fund while covering automobiles, pharmaceuticals, and semiconductors on a global sector basis. He spent eight years with UBS Warburg as a sell-side analyst following the automobile and auto parts industries in North America, Japan, and Asia. Prior to that, he was with Credit Lyonnais (Japan) in charge of Japanese research of automobiles, machinery, and consumer electronics. Peter was also an institutional equity salesman with Citicorp Vickers DaCosta in both Tokyo and New York. Peter earned a bachelor of arts degree in economics from Willamette University and a masters degree in international management from Garvin School of International Management (Thunderbird). A fluent Japanese speaker, Peter has also been highly ranked as an analyst in the surveys of Greenwich Associates, Institutional Investor magazine, and by Nihon Keizai Shimbun (Nikkei) newspaper.

Investment Spectrum


Effective October 7, 2002, based upon the determination of the Fund's Board of Trustees and a shareholder vote, the Fund's sub-adviser and primary investment strategy were changed. The Fund also changed its name from Nuveen International Growth Fund to the Nuveen NWQ International Value Fund. On March 1, 2006, Tradewinds assumed all of the sub-advisory responsibilities for the Fund. Effective June 30, 2006, the name of the Fund changed from Nuveen NWQ International Value Fund to Nuveen Tradewinds International Value Fund. On February 27, 2007, Tradewinds NWQ Global Investors, LLC changed its name to Tradewinds Global Investors, LLC.


Effective June 15, 2009, Peter Boardman and Alberto Jimenez Crespo became co- portfolio managers of the Nuveen Tradewinds International Value Fund, succeeding Paul J. Hechmer. The Fund’s investment objective, process and philosophy will remain the same.