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Key Stats

Net Expense Ratio Discount or Premium to NAV Total Assets Under Management 30-Day Average Daily Volume
3.45% -6.56% 60.56M 4698.83
Dividend Yield Turnover Ratio 1 Year Fund Level Flows Max Drawdown (Since Inception)
5.52% 18.00% -- Upgrade

Basic Info

Investment Strategy
The Fund's objective is to provide high monthly income consistent with prudent risk to capital. The Fund will invest primarily in debt securities, including, but not limited to, U.S. agency and privately issued mortgage-backed securities, corporate debt securities, and asset-backed securities. At least 65% of the Fund's total assets must be invested in securities that, at the time of purchase, are rated investment-grade or of comparable quality.
General
Security Type Closed-End Fund
Equity Style --
Fixed Income Style Medium Quality/Moderate Sensitivity
Broad Asset Class Taxable Bond
Broad Category Fixed Income
Category Name Short-Term Bond
Category Index Bloomberg US Govt/Credit 1-3 Yr TR USD
Global Category Name US Fixed Income
YCharts Categorization US Fixed Income
YCharts Benchmark Bloomberg US Aggregate (^BBUSATR)
Prospectus Objective Government Bond - General
Fund Owner Firm Name Nuveen Fund Advisors, LLC.
Prospectus Benchmark Index
Bloomberg US Corporate High Yield TR USD 25.00%
Bloomberg US Govt/Mortgage TR USD 75.00%
Broad Asset Class Benchmark Index
^BBUSATR 100.0%
Manager Tenure
Jason O'Brien 10.19 yrs
Peter Agrimson 8.04 yrs

Performance Versus Category

 
20%
15%
10%
5%
0
View Category Returns. Upgrade now.
Name
1M
3M
YTD
1Y
3Y
5Y
10Y
15Y
Total Return (Price)
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Total Return (NAV)
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Category Rtn. (NAV)
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% Rank in Cat (NAV)
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As of May 03, 2024. Returns for periods of 1 year and above are annualized.

Annual Total Returns Versus Peers

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Name
2017
2018
2019
2020
2021
2022
2023
YTD
10.58%
-5.37%
13.55%
1.84%
10.51%
-17.94%
6.54%
3.07%
3.54%
0.01%
8.72%
7.51%
-1.54%
-13.01%
5.53%
-2.06%
5.40%
0.61%
5.20%
6.23%
-2.91%
-19.58%
5.73%
-2.36%
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4.91%
-0.64%
-11.29%
3.97%
-1.68%
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--
--
--
--
--
-1.22%
--
0.80%
5.79%
4.70%
-0.91%
-6.37%
4.61%
0.35%
As of May 03, 2024.

Asset Allocation

As of March 31, 2024.
Type % Net % Long % Short
Cash 2.29% Upgrade Upgrade
Stock 0.00% Upgrade Upgrade
Bond 95.35% Upgrade Upgrade
Convertible 0.00% Upgrade Upgrade
Preferred 2.36% Upgrade Upgrade
Other 0.00% Upgrade Upgrade

Basic Info

Investment Strategy
The Fund's objective is to provide high monthly income consistent with prudent risk to capital. The Fund will invest primarily in debt securities, including, but not limited to, U.S. agency and privately issued mortgage-backed securities, corporate debt securities, and asset-backed securities. At least 65% of the Fund's total assets must be invested in securities that, at the time of purchase, are rated investment-grade or of comparable quality.
General
Security Type Closed-End Fund
Equity Style --
Fixed Income Style Medium Quality/Moderate Sensitivity
Broad Asset Class Taxable Bond
Broad Category Fixed Income
Category Name Short-Term Bond
Category Index Bloomberg US Govt/Credit 1-3 Yr TR USD
Global Category Name US Fixed Income
YCharts Categorization US Fixed Income
YCharts Benchmark Bloomberg US Aggregate (^BBUSATR)
Prospectus Objective Government Bond - General
Fund Owner Firm Name Nuveen Fund Advisors, LLC.
Prospectus Benchmark Index
Bloomberg US Corporate High Yield TR USD 25.00%
Bloomberg US Govt/Mortgage TR USD 75.00%
Broad Asset Class Benchmark Index
^BBUSATR 100.0%
Manager Tenure
Jason O'Brien 10.19 yrs
Peter Agrimson 8.04 yrs

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