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Separately Managed Accounts
Core Bond
Strategy description
Core Bond strategy provides a diversified, multi-sector portfolio of investment grade fixed income securities.
Asset class: Fixed income
For term definitions and index descriptions, please access the glossary in the footer.
Portfolio at a glance
Benchmark | Bloomberg U.S. Aggregate Bond Index |
Portfolio composition |
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Key limits | 100% investment-grade securities at time of purchase |
Duration | Managed within ± 10% of benchmark’s duration Intermediate term |
Collaborative Investment process
Nuveen employs a team-based investment process with a combination of bottom-up and top-down strategies in managing our fixed income portfolios. Our integrated team structure incorporates the insights of the investment committee, lead portfolio manager, sector portfolio managers, research analysts and trading team.
A separately managed account (SMA) is a private portfolio of actively managed, individual securities that may be customized to achieve an individual investor's unique objectives.
SMA accounts typically require a minimum investment of $100,000 for equity and asset allocation strategies and $250,000 for fixed income strategies, although the specific minimum account size varies by program and may be subject to change. The manager may waive these minimums based on client type, asset class, pre-existing relationship with client and other factors. For certain accounts, a negotiated minimum annual fee applies. Please consult with your Nuveen Advisor Consultant for applicable minimums.
Check with your financial professional for specific product availability and performance information. This information may change without notice. From time to time, we may close or reopen strategies.
A word on risk
All investments carry a certain degree of risks and it is important to review investment objectives, risk tolerance, tax-liability and liquidity needs before choosing an investment style or manager. Strategy may frequently invest in derivatives which can include, but are not limited to, options, futures contracts and options on futures contracts, foreign currency contracts, interest rate, total return and credit default swaps, options on swap agreements and interest rate caps and floors. Reasons for investing in derivatives include, but are not limited to, the following: to gain exposure to or protect against changes in the market, to maintain sufficient liquidity, to meet redemption requests, to provide protection against defaults, and to manage exposure to interest rates, credit risks and foreign currencies. A purchase or sell of a derivatives may result in certain risk including, but not limited to, losses in excess of the amount invested, unfavorable changes in interest rates, foreign currency risk, liquidity and default on the contract by counterparty. Portfolio in the composite do not borrow money for investment purposes.
Nuveen Asset Management, LLC is a registered investment adviser and an affiliate of Nuveen, LLC.
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