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Separately Managed Accounts
Investment Grade Corporate
Strategy description
Investment Grade Corporate strategy seeks to deliver current income and capital appreciation by investing in investment-grade corporate securities.
Asset class: Taxable fixed income
For term definitions and index descriptions, please access the glossary in the footer.
At a glance
Benchmark | Bloomberg Intermediate U.S. Corporate Index |
Number of positions | 39 |
Average duration target (years) | 3-5 |
Average maturity target (years) | 7-10 |
Average credit quality target | AA |
Average annual turnover (%) | 15-40 |
Investment process
Nuveen seeks to optimize value through the careful analysis of fundamentals, technical and valuations. We consistently evaluate the opportunity in each sector and identify relative value across sectors. Our strategy seeks to drive strong risk-adjusted returns by focusing on the three main drivers of fixed income performance: sector rotation, security selection and yield curve positioning.
Resources
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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