Nuveen Symphony Floating Fund Quote
| NFRFX Fund | USD 18.33 0.01 0.05% |
Performance19 of 100
| Odds Of DistressLess than 16
|
Nuveen Symphony is trading at 18.33 as of the 26th of November 2024; that is 0.05% up since the beginning of the trading day. The fund's open price was 18.32. Nuveen Symphony has less than a 16 % chance of experiencing some financial distress in the next two years of operation and had a solid performance during the last 90 days. Equity ratings for Nuveen Symphony Floating are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 27th of October 2024 and ending today, the 26th of November 2024. Click here to learn more.
Under normal market conditions, the fund invests at least 80 percent of the sum of its net assets and the amount of any borrowings for investment purposes in floating rate securities. Floating rate securities are defined to include floating rate loans, other floating rate debt securities including corporate debt securities and U.S. More on Nuveen Symphony Floating
Moving together with Nuveen Mutual Fund
Moving against Nuveen Mutual Fund
Nuveen Mutual Fund Highlights
| Fund Concentration | Nuveen Funds, Large Funds, Bank Loan Funds, Bank Loan, Nuveen (View all Sectors) |
| Update Date | 30th of September 2024 |
Nuveen Symphony Floating [NFRFX] is traded in USA and was established 26th of November 2024. Nuveen Symphony is listed under Nuveen category by Fama And French industry classification. The fund is listed under Bank Loan category and is part of Nuveen family. This fund now has accumulated 2.43 B in assets with no minimum investment requirementsNuveen Symphony Floating is currently producing year-to-date (YTD) return of 9.08% with the current yeild of 0.09%, while the total return for the last 3 years was 6.25%.
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 Floating 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 Floating Mutual Fund Constituents
| BKLN | Invesco Senior Loan | Etf | Bank Loan | |
| SRLN | SPDR Blackstone Senior | Etf | Bank Loan |
Nuveen Symphony Floating Risk Profiles
| Mean Deviation | 0.073 | |||
| Standard Deviation | 0.1553 | |||
| Variance | 0.0241 | |||
| Downside Variance | 0.0034 |
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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