Nuveen Symphony Credit Fund Quote
| NCOAX Fund | USD 17.96 0.03 0.17% |
Performance11 of 100
| Odds Of DistressLess than 18
|
Nuveen Symphony is trading at 17.96 as of the 18th of January 2025; that is 0.17% up since the beginning of the trading day. The fund's open price was 17.93. Nuveen Symphony has less than a 18 % chance of experiencing some financial distress in the next two years of operation and had a good performance during the last 90 days. The performance scores are derived for the period starting the 19th of December 2024 and ending today, the 18th of January 2025. Click here to learn more.
Under normal circumstances, the fund invests at least 80 percent of the sum of its net assets and the amount of any borrowings for investment purposes in debt instruments rated below investment grade or, if unrated, deemed by the funds portfolio managers to be of comparable quality. More on Nuveen Symphony Credit
Moving against Nuveen Mutual Fund
Nuveen Mutual Fund Highlights
| Fund Concentration | Nuveen Funds, Large Funds, High Yield Bond Funds, High Yield Bond, Nuveen (View all Sectors) |
| Update Date | 31st of December 2024 |
| Expense Ratio Date | 29th of December 2022 |
| Fiscal Year End | August |
Nuveen Symphony Credit [NCOAX] is traded in USA and was established 18th of January 2025. Nuveen Symphony is listed under Nuveen category by Fama And French industry classification. The fund is listed under High Yield Bond category and is part of Nuveen family. This fund now has accumulated 491.06 M in assets with no minimum investment requirementsNuveen Symphony Credit is currently producing year-to-date (YTD) return of 0.32% with the current yeild of 0.07%, while the total return for the last 3 years was 3.55%.
Check Nuveen Symphony Probability Of Bankruptcy
Instrument Allocation
Sector Allocation
Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on Nuveen Mutual Fund. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding Nuveen Mutual Fund, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as Nuveen Symphony Credit Mutual Fund, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.
Top Nuveen Symphony Credit Mutual Fund Constituents
| AVYA | Avaya Holdings Corp | Stock | Information Technology | |
| BKLN | Invesco Senior Loan | Etf | Bank Loan |
Nuveen Symphony Credit Risk Profiles
| Mean Deviation | 0.1362 | |||
| Standard Deviation | 0.2031 | |||
| Variance | 0.0412 | |||
| Downside Variance | 0.0417 |
Nuveen Symphony Against Markets
Other Information on Investing in Nuveen Mutual Fund
Nuveen Symphony financial ratios help investors to determine whether Nuveen Mutual Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Nuveen with respect to the benefits of owning Nuveen Symphony security.
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