Nuveen Funds Rated 4 & 5 Stars by Morningstar
As of Date: 1/31/2018
Morningstar Ratings
Number of Funds in Category
Expense Ratios(%)Average Annual Total Returns(%)
Share
Class
Inception
Date
Morningstar
Category
Overall
Rating
3 YR5 YR10 YRNetGrossAs ofYTD1 YR3 YR5 YR10 YRSince
Incep
Municipal - National
Nuveen All-American Municipal Bond Fund FLAAX
A10/03/88Muni National Long
139
126
105
0.730.7312/31/16 -5.45 1.44 1.42 2.66 4.74 5.97
Nuveen All-American Municipal Bond Fund FAARX
I02/06/97Muni National Long
139
126
105
0.530.5312/31/16 -1.30 6.14 3.09 3.75 5.39 5.30
Nuveen High Yield Municipal Bond Fund NHMAX
A06/07/99High Yield Muni
149
122
85
0.880.8812/31/16 -5.14 5.23 3.44 4.71 4.24 5.12
Nuveen High Yield Municipal Bond Fund NHMRX
I06/07/99High Yield Muni
149
122
85
0.680.6812/31/16 -0.94 10.07 5.14 5.83 4.88 5.56
Nuveen Intermediate Duration Municipal Bond Fund NMBAX
A06/13/95Muni National Interm
257
225
154
0.690.6912/31/16 -3.88 1.46 0.82 1.82 3.25 4.18
Nuveen Intermediate Duration Municipal Bond Fund NUVBX
I11/29/76Muni National Interm
257
225
154
0.490.4912/31/16 -0.73 4.82 2.07 2.64 3.77 5.79
Nuveen Limited Term Municipal Bond Fund FLTDX
A10/19/87Muni National Short
172
152
94
0.630.6312/31/16 -2.80 -0.39 -0.09 0.71 2.23 4.31
Nuveen Limited Term Municipal Bond Fund FLTRX
I02/06/97Muni National Short
172
152
94
0.430.4312/31/16 -0.29 2.37 0.99 1.43 2.70 3.56
Nuveen Strategic Municipal Opportunities Fund NSAOX
A12/16/14Muni National Long
139
- - 0.830.9812/31/16 -4.23 4.16 2.20 - - 2.91
Nuveen Strategic Municipal Opportunities Fund NSIOX
I12/16/14Muni National Long
139
- - 0.630.7812/31/16 -1.25 7.56 3.45 - - 4.12
Municipal - State
Nuveen Arizona Municipal Bond Fund FAZTX
A10/29/86Muni Single State Long
221
191
166
0.860.8612/31/16 -5.51 -0.43 0.69 1.73 3.61 5.33
Nuveen Arizona Municipal Bond Fund NMARX
I02/03/97Muni Single State Long
221
191
166
0.660.6612/31/16 -1.23 4.22 2.36 2.82 4.26 4.59
Nuveen California High Yield Municipal Bond Fund NCHAX
A03/28/06Muni California Long
84
72
63
0.930.9312/31/16 -5.73 3.59 2.34 4.45 5.60 4.55
Nuveen California High Yield Municipal Bond Fund NCHRX
I03/28/06Muni California Long
84
72
63
0.730.7312/31/16 -1.61 8.49 4.02 5.57 6.26 5.13
Nuveen California Municipal Bond Fund NCAAX
A09/07/94Muni California Long
84
72
63
0.750.7512/31/16 -5.44 0.19 1.30 3.13 4.74 4.94
Nuveen California Municipal Bond Fund NCSPX
I07/01/86Muni California Long
84
72
63
0.550.5512/31/16 -1.23 4.84 3.00 4.23 5.40 5.90
Nuveen Colorado Municipal Bond Fund FCOTX
A05/04/87Muni Single State Long
221
191
166
0.830.8312/31/16 -5.24 -0.04 0.98 2.36 3.96 5.29
Nuveen Colorado Municipal Bond Fund FCORX
I02/25/97Muni Single State Long
221
191
166
0.630.6312/31/16 -1.20 4.40 2.60 3.43 4.61 4.81
Nuveen Connecticut Municipal Bond Fund FCTTX
A07/13/87Muni Single State Long
221
191
166
0.790.7906/30/16 -5.00 -1.28 0.19 1.37 3.27 5.18
Nuveen Connecticut Municipal Bond Fund FCTRX
I02/25/97Muni Single State Long
221
191
166
0.590.5906/30/16 -0.85 3.27 1.81 2.45 3.92 4.62
Nuveen Georgia Municipal Bond Fund FGARX
I02/14/97Muni Single State Long
221
191
166
0.640.6412/31/16 -1.33 2.15 1.42 2.32 3.76 4.52
Nuveen Kansas Municipal Bond Fund FKSTX
A01/09/92Muni Single State Long
221
191
166
0.860.8612/31/16 -5.01 -0.95 0.22 1.50 3.68 4.84
Nuveen Kansas Municipal Bond Fund FRKSX
I02/25/97Muni Single State Long
221
191
166
0.660.6612/31/16 -0.81 3.58 1.84 2.56 4.34 4.79
Nuveen Kentucky Municipal Bond Fund FKYTX
A05/04/87Muni Single State Long
221
191
166
0.800.8012/31/16 -5.21 -1.43 0.16 1.40 3.29 5.39
Nuveen Kentucky Municipal Bond Fund FKYRX
I02/07/97Muni Single State Long
221
191
166
0.600.6012/31/16 -1.09 3.00 1.80 2.46 3.94 4.56
Nuveen Louisiana Municipal Bond Fund FTLAX
A09/12/89Muni Single State Long
221
191
166
0.840.8412/31/16 -5.21 0.04 0.22 2.00 3.62 5.40
Nuveen Louisiana Municipal Bond Fund FTLRX
I02/25/97Muni Single State Long
221
191
166
0.650.6512/31/16 -1.04 4.64 1.87 3.08 4.28 4.76
Nuveen Maryland Municipal Bond Fund NMDAX
A09/07/94Muni Single State Long
221
191
166
0.820.8212/31/16 -5.29 -0.63 0.77 1.49 3.50 4.44
Nuveen Maryland Municipal Bond Fund NMMDX
I02/28/92Muni Single State Long
221
191
166
0.620.6212/31/16 -1.13 3.84 2.42 2.55 4.15 5.01
Nuveen Massachusetts Municipal Bond Fund NMAAX
A09/07/94Muni Massachusetts
47
43
40
0.800.8012/31/16 -5.41 -0.77 0.56 1.75 3.67 4.52
Nuveen Massachusetts Municipal Bond Fund NBMAX
I12/22/86Muni Massachusetts
47
43
40
0.600.6012/31/16 -1.32 3.80 2.24 2.82 4.31 5.30
Nuveen Michigan Municipal Bond Fund FMITX
A06/27/85Muni Single State Long
221
191
166
0.860.8612/31/16 -5.51 -1.07 0.50 1.93 3.53 5.78
Nuveen Michigan Municipal Bond Fund NMMIX
I02/03/97Muni Single State Long
221
191
166
0.660.6612/31/16 -1.24 3.51 2.15 3.01 4.19 4.75
Nuveen Minnesota Intermediate Municipal Bond Fund FAMTX
I02/25/94Muni Minnesota
52
43
36
0.610.6112/31/16 -1.01 3.47 1.82 2.47 3.85 4.27
Nuveen Minnesota Municipal Bond Fund FJMNX
A07/11/88Muni Minnesota
52
43
36
0.810.8112/31/16 -5.54 0.20 0.84 1.94 4.22 5.41
Nuveen Minnesota Municipal Bond Fund FYMNX
I08/01/97Muni Minnesota
52
43
36
0.610.6112/31/16 -1.35 4.80 2.49 3.02 4.86 4.85
Nuveen Missouri Municipal Bond Fund FMOTX
A08/03/87Muni Single State Long
221
191
166
0.780.7812/31/16 -5.22 -0.55 0.86 2.01 3.88 5.49
Nuveen Missouri Municipal Bond Fund FMMRX
I02/19/97Muni Single State Long
221
191
166
0.580.5812/31/16 -1.03 4.04 2.53 3.09 4.54 4.85
Nuveen Nebraska Municipal Bond Fund FNTAX
A02/28/01Muni Single State Long
221
191
166
0.890.9312/31/16 -5.29 -0.88 0.16 1.33 3.47 3.97
Nuveen Nebraska Municipal Bond Fund FNTYX
I02/28/01Muni Single State Long
221
191
166
0.690.7312/31/16 -1.13 3.61 1.81 2.38 4.12 4.47
Nuveen New Jersey Municipal Bond Fund NNJAX
A09/06/94Muni New Jersey
48
44
39
0.800.8012/31/16 -5.28 0.83 1.00 2.12 4.08 4.78
Nuveen New Jersey Municipal Bond Fund NMNJX
I02/28/92Muni New Jersey
48
44
39
0.600.6012/31/16 -1.12 5.48 2.65 3.21 4.74 5.40
Nuveen New Mexico Municipal Bond Fund FNMRX
I02/24/97Muni Single State Long
221
191
166
0.660.6612/31/16 -1.08 3.42 1.98 2.19 3.65 4.33
Nuveen New York Municipal Bond Fund NNYAX
A09/07/94Muni New York Long
63
58
44
0.780.7806/30/16 -5.22 -0.21 0.82 1.98 3.73 4.81
Nuveen New York Municipal Bond Fund NTNYX
I12/22/86Muni New York Long
63
58
44
0.580.5806/30/16 -1.16 4.36 2.47 3.08 4.38 5.82
Nuveen North Carolina Municipal Bond Fund FLNCX
A03/27/86Muni Single State Long
221
191
166
0.790.7912/31/16 -5.73 -1.40 0.02 1.40 3.54 5.15
Nuveen North Carolina Municipal Bond Fund FCNRX
I02/05/97Muni Single State Long
221
191
166
0.590.5912/31/16 -1.48 3.22 1.67 2.49 4.19 4.65
Nuveen Ohio Municipal Bond Fund FOHTX
A06/27/85Muni Ohio
37
34
30
0.780.7812/31/16 -5.26 -1.11 0.33 1.72 3.64 5.68
Nuveen Ohio Municipal Bond Fund NXOHX
I02/03/97Muni Ohio
37
34
30
0.580.5812/31/16 -1.04 3.48 1.99 2.79 4.29 4.71
Nuveen Oregon Intermediate Municipal Bond Fund FORCX
I08/08/97Muni Single State Interm
147
136
118
0.610.6112/31/16 -1.07 2.63 1.26 1.88 3.34 3.86
Nuveen Pennsylvania Municipal Bond Fund FPNTX
A10/29/86Muni Pennsylvania
58
54
49
0.800.8012/31/16 -5.49 -0.24 0.52 2.00 3.86 5.36
Nuveen Pennsylvania Municipal Bond Fund NBPAX
I02/03/97Muni Pennsylvania
58
54
49
0.600.6012/31/16 -1.35 4.31 2.19 3.09 4.51 4.91
Nuveen Tennessee Municipal Bond Fund FTNTX
A11/02/87Muni Single State Long
221
191
166
0.840.8412/31/16 -5.20 -1.03 0.32 1.55 3.71 5.48
Nuveen Tennessee Municipal Bond Fund FTNRX
I02/06/97Muni Single State Long
221
191
166
0.640.6412/31/16 -1.09 3.53 1.96 2.61 4.36 4.82
Nuveen Virginia Municipal Bond Fund FVATX
A03/27/86Muni Single State Long
221
191
166
0.790.7912/31/16 -5.34 -0.44 0.79 1.56 3.60 5.44
Nuveen Virginia Municipal Bond Fund NMVAX
I02/03/97Muni Single State Long
221
191
166
0.590.5912/31/16 -1.09 4.21 2.46 2.65 4.26 4.79
Nuveen Wisconsin Municipal Bond Fund FWIAX
A06/01/94Muni Single State Long
221
191
166
0.860.8612/31/16 -5.43 -0.66 0.09 1.29 3.49 4.43
Nuveen Wisconsin Municipal Bond Fund FWIRX
I02/25/97Muni Single State Long
221
191
166
0.670.6712/31/16 -1.13 4.06 1.74 2.39 4.16 4.64
Taxable Fixed Income
Nuveen Core Plus Bond Fund FAFIX
A12/22/87Intermediate-Term Bond
842
775
554
0.770.8912/31/16 -5.22 -1.12 0.27 1.48 3.66 5.70
Nuveen Core Plus Bond Fund FFIIX
I02/04/94Intermediate-Term Bond
842
775
554
0.520.6412/31/16 -0.99 3.48 1.98 2.63 4.37 5.18
Nuveen Inflation Protected Securities Fund FYIPX
I10/01/04Inflation-Protected Bond
210
174
112
0.530.7112/31/16 -0.78 1.28 0.25 0.01 2.99 3.67
Nuveen NWQ Flexible Income Fund NWQAX
A12/09/09Allocation--15% to 30% Equity
177
151
- 0.961.1212/31/16 -4.04 3.07 4.69 4.50 - 8.00
Nuveen NWQ Flexible Income Fund NWQIX
I12/09/09Allocation--15% to 30% Equity
177
151
- 0.710.8612/31/16 0.81 8.49 6.67 5.80 - 8.93
Nuveen Preferred Securities and Income Fund NPSAX
A12/19/06Preferred Stock
43
35
18
1.041.0412/31/16 -4.93 3.81 4.75 5.23 7.14 5.84
Nuveen Preferred Securities and Income Fund NPSRX
I12/19/06Preferred Stock
43
35
18
0.780.7812/31/16 -0.23 9.32 6.72 6.51 7.93 6.57
Nuveen Symphony Floating Rate Income Fund NFRIX
I05/02/11Bank Loan
206
165
- 0.750.7512/31/16 0.88 3.62 3.96 4.13 - 4.91
Nuveen Symphony High Yield Bond Fund NSYIX
I12/10/12High Yield Bond
605
500
- 0.752.2512/31/16 0.27 5.64 5.02 5.27 - 5.88
Global and International
Nuveen International Growth Fund NBQAX
A04/24/09Foreign Large Growth
335
295
- 1.141.2611/30/16 0.77 33.09 9.53 9.99 - 13.30
Nuveen International Growth Fund NBQIX
I04/24/09Foreign Large Growth
335
295
- 0.890.9911/30/16 6.94 41.59 11.99 11.57 - 14.35
Nuveen NWQ International Value Fund NAIGX
A12/20/99Foreign Large Value
266
209
139
1.151.2812/31/16 -1.15 15.19 7.61 6.13 1.50 4.30
Nuveen NWQ International Value Fund NGRRX
I12/20/99Foreign Large Value
266
209
139
0.901.0312/31/16 4.91 22.52 10.03 7.66 2.36 4.87
Nuveen Symphony International Equity Fund NSIAX
A05/30/08Foreign Large Blend
600
534
- 1.202.0412/31/16 0.62 23.31 8.64 7.29 - 2.25
Nuveen Symphony International Equity Fund NSIEX
I05/30/08Foreign Large Blend
600
534
- 0.951.7912/31/16 6.78 31.15 11.07 8.83 - 3.13
Value
Nuveen Dividend Value Fund FFEIX
A12/18/92Large Value
1077
962
685
1.071.0706/30/16 -1.53 13.70 10.35 11.56 8.32 8.80
Nuveen Dividend Value Fund FAQIX
I08/02/94Large Value
1077
962
685
0.820.8206/30/16 4.47 20.95 12.83 13.18 9.24 9.61
Nuveen Mid Cap Value Fund FASEX
A12/22/87Mid-Cap Value
361
308
219
1.171.3206/30/16 -2.28 12.77 10.71 12.88 7.55 10.18
Nuveen Mid Cap Value Fund FSEIX
I02/04/94Mid-Cap Value
361
308
219
0.921.0706/30/16 3.68 19.95 13.20 14.50 8.45 9.48
Nuveen Small Cap Value Fund FSCAX
A08/01/94Small Value
345
298
205
1.221.3207/31/16 -4.14 2.13 12.67 13.53 9.78 10.82
Nuveen Small Cap Value Fund FSCCX
I08/01/94Small Value
345
298
205
0.971.0707/31/16 1.73 8.57 15.20 15.16 10.70 11.36
Growth
Nuveen Symphony Large-Cap Growth Fund NCGAX
A12/15/06Large Growth
1215
1112
791
1.131.1312/31/16 1.07 26.16 13.59 14.65 10.97 9.90
Nuveen Symphony Large-Cap Growth Fund NSGIX
I12/15/06Large Growth
1215
1112
791
0.880.8812/31/16 7.30 34.17 16.14 16.31 11.90 10.76
Core
Nuveen Large Cap Select Fund FLRAX
A01/31/03Large Blend
1211
1073
796
1.141.1906/30/16 -0.16 21.57 13.04 14.82 8.60 9.30
Nuveen Large Cap Select Fund FLRYX
I01/31/03Large Blend
1211
1073
796
0.890.9406/30/16 5.96 29.28 15.58 16.47 9.52 10.00
Nuveen Symphony Low Volatility Equity Fund NOPAX
A09/28/07Large Blend
1211
1073
796
1.011.2212/31/16 - 17.46 10.25 13.38 9.00 7.96
Nuveen Symphony Low Volatility Equity Fund NOPRX
I09/28/07Large Blend
1211
1073
796
0.760.9712/31/16 6.13 24.95 12.73 15.02 9.91 8.85
Nuveen Symphony Small Cap Core Fund NSSAX
A12/10/13Small Growth
607
- - 1.301.4412/31/16 -1.88 14.91 11.26 - - 8.41
Nuveen Symphony Small Cap Core Fund NSSIX
I12/10/13Small Growth
607
- - 1.051.1912/31/16 4.10 22.21 13.76 - - 10.23
Real Assets
Nuveen Global Infrastructure Fund FGIAX
A12/17/07Infrastructure
75
47
13
1.231.4606/30/16 -5.17 9.73 4.05 7.55 5.89 5.32
Nuveen Global Infrastructure Fund FGIYX
I12/17/07Infrastructure
75
47
13
0.981.2106/30/16 0.64 16.64 6.37 9.09 6.77 6.19
Nuveen Real Estate Securities Fund FREAX
A09/29/95Real Estate
228
199
144
1.301.3006/30/16 -9.41 -3.98 -0.37 6.09 7.05 10.75
Nuveen Real Estate Securities Fund FARCX
I06/30/95Real Estate
228
199
144
1.051.0506/30/16 -3.84 2.10 1.87 7.63 7.96 11.44
Asset Allocation
Nuveen Strategy Aggressive Growth Allocation Fund FSAYX
I09/24/01Allocation--70% to 85% Equity
314
277
200
0.991.1812/31/16 4.68 22.36 10.28 10.42 6.50 7.68
Nuveen Strategy Growth Allocation Fund FSGYX
I09/24/01Allocation--50% to 70% Equity
681
633
441
0.981.0912/31/16 3.86 18.83 9.00 9.30 6.34 7.23
Alternative Strategies
Nuveen Equity Long/Short Fund NELAX
A12/30/08Long-Short Equity
198
106
- 3.363.5412/31/16 0.37 17.96 9.02 11.14 - 10.94
Nuveen Equity Long/Short Fund NELIX
I12/30/08Long-Short Equity
198
106
- 3.083.2612/31/16 6.50 25.49 11.46 12.74 - 11.94
Nuveen Equity Market Neutral Fund NMAEX
A06/17/13Market Neutral
118
- - 3.053.3212/31/16 -3.05 3.90 3.49 - - 4.20
Nuveen Equity Market Neutral Fund NIMEX
I06/17/13Market Neutral
118
- - 2.753.0212/31/16 2.91 10.54 5.82 - - 5.81

LW - Load Waived

Morningstar ratings may vary among share classes and are based on historical total returns, which are not indicative of future results. Some funds may have experienced negative returns over the time periods rated.

Returns quoted represent past performance which is no guarantee of future results. Investment returns and principal value will fluctuate so that when shares are redeemed, they may be worth more or less than their original cost. Returns less than one year are cumulative. Current performance may be higher or lower than the performance shown. Returns without sales charges would be lower if the sales charge were included. Returns do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or the redemption of shares. For the most recent month-end performance visit www.nuveen.com or call (800) 257-8787.

Equity funds are subject to market risk or the risk that stocks in the portfolio will decline in response to such factors as adverse company news, industry developments or a general economic decline. Value securities may never reach their full market value and value style investing may fall out of favor and underperform growth or other style investing during given periods. Growth style investing may fall out of favor or underperform other equity style investments over any period of time. In addition, certain growth stocks may shift characteristics over a market cycle. Small and mid-cap stocks are subject to more risks and volatility. Foreign investments present risks not typically associated with domestic investments such as adverse political, currency, economic, social or regulatory developments in a country including excessive taxation, lack of liquidity or differing legal and accounting standards. These risks are magnified in emerging markets.

Bond funds are subject to market risk; interest rate risk or the risk that interest rates will rise, causing bond prices to fall; and credit risk which is the risk that an issuer of a bond will be unable to make interest and principal payments when due. High yield or below investment grade bonds are generally considered speculative and the credit risk is heightened for these funds.

Income from municipal bond funds is generally exempt from regular federal income taxes. Income may be subject to state and local taxes and the federal alternative minimum tax unless otherwise specified. Capital gains distributions are subject to tax.

As with all mutual funds, loss of principal is also a risk.

Effective October 7, 2002, the Nuveen Tradewinds International Value Fund, pursuant to shareholder approval, (a) changed its name and primary investment strategy and (b) changed its sub-adviser. Therefore, the Fund’s performance and ratings for the periods prior to October 7, 2002 are not necessarily indicative of the performance that the Fund, as currently managed, would have generated. See the prospectus for more information.

On December 6, 2002, the Nuveen NWQ Multi-Cap Value Fund acquired the assets and performance history of the PBHG Special Equity Fund (the “predecessor Fund”). NWQ served as adviser to the predecessor Fund. The investment goals, strategies and policies of the Fund are substantially similar to those of the predecessor Fund. See the prospectus for more information.

The Nuveen Global and International Funds charge a 2% redemption fee on the proceeds of Fund shares redeemed or exchanged within 30 days of acquisition. The Funds may waive the fee in specified circumstances. See the prospectus for additional information.

Load-waived (LW) Class A share star ratings do not include any front-end sales load and are intended for those investors who have access to such purchase terms (e.g., plan participants of a defined contribution plan). Not all A share mutual funds for which Morningstar calculates a load-waived A share star rating may actually waive their front-end sales load. Absent the waiver, ratings would be lower. All of the funds above offer A shares at maximum sales charge which varies by fund; and I shares which have no sales charge. Ratings are for the share class cited only; other share classes have different performance and different Morningstar RatingsTM.

For each fund with at least a three-year history, Morningstar calculates a Morningstar RatingTM based on a Risk-Adjusted Return measure that accounts for variation in a fund's monthly performance (including the effects of sales charges, loads and redemption fees), placing more emphasis on downward variations and rewarding consistent performance. Within each asset class, the top 10%, the next 22.5%, 35%, 22.5%, and the bottom 10% receive 5, 4, 3, 2, or 1 star, respectively. (Each share class is counted as a fraction of one fund within this scale and rated separately, which may cause slight variations in the distribution percentages.) Each fund is rated exclusively against U.S. domiciled funds. The Overall Morningstar Rating™ is based on the weighted average of the number of stars assigned to the fund's applicable time periods. In cases where the fund has changed investment categories, its historical information is given less weight. If the fund has been in existence at least 10 years, the 10-year rating accounts for 50%, the 5-year for 30%, and the 3-year for 20%. If the fund has been in existence at least 5 years, but less than 10 years, the 5-year rating accounts for 60% and the 3-year for 40%. If the fund has been in existence for 3 years, but less than 5 years, the 3-year rating accounts for 100%.

The Morningstar information contained herein: (1) is proprietary to Morningstar; (2) may not be copied; and (3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information. ©2013 Morningstar, Inc. All Rights Reserved.


An investor should carefully consider the Fund’s objectives, risks, charges and expenses before investing. For a prospectus containing this and other information about the Fund, please contact your financial advisor or Nuveen Investments at (800) 257-8787. Read the prospectus carefully before you invest or send money.
Funds distributed by Nuveen Securities, LLC.