Morningstar tools for advisors: Compare or analyze a group of funds by using the plus button
Contact us
Contact us
Back to Top

Concentrated Core

SMA core

Strategy description

Concentrated Core seeks long-term capital appreciation. Combining fundamental and quantitative research, the strategy invests in large-capitalization stocks of U.S. companies to construct a concentrated portfolio of securities that we believe to have above-average growth potential at attractive prices.

Asset class: Core

For term definitions and index descriptions, please access the glossary in the footer.


Benchmark Russell 1000® Index
Holdings range ~20
Tracking error range 3 – 6%
Target alpha/market cycle 200 – 400 basis points


Investment process

Integrated research platform combines fundamental and quantitative analysis to review and rank companies with attractive fundamentals, valuations and catalysts. Highly rated stocks from both disciplines are evaluated for inclusion, and a bottom-up, stock-driven approach considers the risk/reward trade-off to construct the portfolio within risk parameters. Holdings are actively monitored to maintain the investment thesis.

SMA Concentrated Core Process Chart (image)


More strategies
spiral staircase

Large Cap Growth

International Growth ADR
photo of lightbulbs

Small Cap Value
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 advisor 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 risk and it is important to review investment objectives, risk tolerance, tax liability and liquidity needs before choosing an investment style or manager. The strategy is non-diversified, meaning it may invest a larger portion of its assets in the securities of a limited number of issuers and may be more sensitive to any single economic, business, political or regulatory occurrence than a diversified portfolio. Use of models and analytical, quantitative and risk management tools and techniques is no guarantee of investment success or positive performance. These models are dynamic and as a result, the variables or factors or components may change over time. Models are based on historical data, which is not indicative of future results. Other tools may produce substantially different success and failure outcomes.

Nuveen Asset Management, LLC is a registered investment adviser and an affiliate of Nuveen, LLC.