Investment Strategy
| A strategy that seeks to provide a high level of current income and total return with at least 80% allocation to preferred and hybrid securities. |
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Who should invest
Investors Seeking:
| - The potential for high current income
- Additional diversification within their portfolio
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A Word On Risk
| An investment in the Fund is subject to certain risks, including credit risk or the risk that an issuer of a security will be unable to make interest and principal payments when due. The Fund also exposes you to income risk and interest rate risk. Interest rate risk is the risk that interest rates will rise, causing fixed income securities prices to fall. Income risk is the risk that the Funds income will decline because of falling market interest rates. The Funds investment in foreign securities exposes you to risks such as adverse economic, political, currency, social or regulatory developments in a country including government seizure of assets, lack of liquidity and differing legal or accounting standards. |
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Fund Basics: Shares
Select Share Class:
A | C | I | R3
| Fund Symbol | NPSAX |
| Fund Cusip | 670700103 |
| Inception Date | 12/19/2006 |
| Latest NAV as of 9/02/2010 | $16.64 |
| Latest Monthly Dividend (9/01/2010) | $0.0940 |
| Fund Symbol | |
| Fund Cusip | |
| Inception Date | |
| Latest NAV as of | |
| Fund Symbol | NPSCX |
| Fund Cusip | 670700301 |
| Inception Date | 12/19/2006 |
| Latest NAV as of 9/02/2010 | $16.64 |
| Latest Monthly Dividend (9/01/2010) | $0.0840 |
| Fund Symbol | NPSTX |
| Fund Cusip | 670700509 |
| Inception Date | 9/29/2009 |
| Latest NAV as of 9/02/2010 | $16.75 |
| Latest Monthly Dividend (9/01/2010) | $0.0915 |
| Fund Symbol | NPSRX |
| Fund Cusip | 670700400 |
| Inception Date | 12/19/2006 |
| Latest NAV as of 9/02/2010 | $16.64 |
| Latest Monthly Dividend (9/01/2010) | $0.0975 |
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Portfolio Manager(s)
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 | Douglas Baker, CFA is the portfolio manager for the Nuveen Preferred Securities Fund, which he has managed since its inception. Mr. Baker originally joined Nuveen Asset Management (NAM) in 2006 as a Vice President and Derivatives Analyst, and later that year his responsibilities expanded to include portfolio management duties for the Fund. In addition to managing the Fund, Mr. Baker also manages NAM’s derivative overlay group, where he is responsible for implementing derivatives-based hedging strategies across the Nuveen fund complex. Prior to joining Nuveen, Mr. Baker spent three years at Lehman Brothers in institutional fixed income and derivatives sales, and prior to that he spent five years at Bank of America in corporate and commercial banking. Mr. Baker received his BS in Finance with Honors from the University of Illinois in 1996, and in 2002 he received his MBA in Finance & Economics with Honors from the University of Chicago Graduate School of Business. |
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† Effective March 31, 2008, Class B shares are no longer available for this Fund. Effective May 1, 2008, Class R shares were renamed Class I shares.
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