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

Special Equity

NWQ
photo of lightbulbs

Strategy description

Special Equity is an opportunistic all-cap value strategy with a mid-cap bias. The portfolio seeks undervalued companies with identifiable catalysts to improve profitability and generate attractive risk-adjusted returns.

Asset class: Value

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

At-a-glance

Primary benchmark Russell 3000® Value Index
Secondary Benchmark Russell Midcap® Value Index
Position Size 2 – 4% with no issue greater than 6% at time of purchase
Market Cap Range Greater than $100 million
Number of positions 40 - 60

 

Investment process

Extensive bottom-up research focuses on companies and industries focusing on qualitative factors such as restructuring, management strength, shareholder orientation, and the ability to capitalize on improving industry fundamentals. Portfolio construction seeks diversification across 40-60 companies, each selected for its attractive risk/return characteristics.

 

Resources

More strategies
photo of lightbulbs

Small Cap Value
drone photo of airport

International Value (ADR)
perspective view of geometric columns

Large Cap Core

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, including possible loss of principal, and there is no assurance that an investment will provide positive performance over any period of time. It is important to review investment objectives, risk tolerance, tax liability and liquidity needs before choosing an investment style or manager. Equity investments are subject to market risk or the risk that stocks will decline in response to such factors as adverse company news or industry developments or a general economic decline. There may be specific risks associated with small and midsize company investing, including potentially increased volatility with smaller companies. Value style investing presents the risk that the holdings or securities may never reach their full market value because the market fails to recognize what the portfolio management team considers the true business value or because the portfolio management team has misjudged those values. In addition, value style investing may fall out of favor and underperform growth or other style investing during given periods. This strategy may invest in American Depositary Receipts (ADRs). ADRs do not eliminate the currency and economic risks for the underlying shares in another country. The strategy’s potential investment in non-U.S. stocks presents risks such as political risk, exchange rate risk and inflationary risk, which include the risks of economic change, social unrest, changes in government relations, and different accounting standards.

NWQ Investment Management Company, LLC is a registered investment adviser and an affiliate of Nuveen, LLC.