Back to top

Image: Bigstock

3 Nuveen Mutual Funds for Spectacular Returns

Read MoreHide Full Article

Nuveen Investments, headquartered in Chicago, IL, was founded in 1898 by John Nuveen. The company aims to provide financial services to its clients using a multi-boutique structure. It provides these services through an independent team, comprising Nuveen Asset Management, Winslow Capital and Symphony.

Nuveen is the world’s number one farmland assets manager and a leader in alternative investments. In its Multi-Asset Solutions, the company had $1.2 trillion of assets under management as of March 31, 2024. Nuveen offers a wide range of asset classes and products, ranging from equity and alternative funds to municipal and taxable fixed-income bond funds.

Below, we share with you three top-ranked Nuveen mutual funds, viz., Nuveen Mid Cap Value Premier (TRVPX - Free Report) , Nuveen Large Cap Growth Premier (TILPX - Free Report) , and Nuveen Core Equity Premier (TRPGX - Free Report) . Each has a Zacks Mutual Fund Rank #1 (Strong Buy) and is expected to outperform its peers in the future. Investors can click here to see the complete list of Invesco mutual funds.

Nuveen Mid Cap Value Premier fund invests most of its assets in equity securities of medium-sized U.S. companies, categorized by the Russell Midcap Value Index.

Nuveen Mid Cap Value Premier has three-year annualized returns of 6.5%. David A Chalupnik has been one of the fund managers of TRVPX since 2020.

Nuveen Large Cap Growth Premier fund invests most of its assets in equity securities of large-cap companies, which the advisor believes, present growth opportunities. TILPX advisors also invest in foreign investments.

Nuveen Large Cap Growth Premier has three-year annualized returns of 5.3%. As of July 2024, TILPX held 58 issues, with 13% of its assets invested in Amazon.com, Inc.

Nuveen Core Equity Premier fund invests the majority of its net assets in equity securities that it believes have the potential for capital appreciation, dividend generation, or both. TRPGX advisors primarily invest in large-cap companies.

Nuveen Core Equity Premier has three-year annualized returns of 9.9%. TRPGX has an expense ratio of 0.55%.

To view the Zacks Rank and the past performance of all Nuveen mutual funds, investors can click here to see the complete list of Nuveen mutual funds.

Want key mutual fund info delivered straight to your inbox?

Zacks’ free Fund Newsletter will brief you on top news and analysis, as well as top-performing mutual funds, each week. Get it free >>

 


 

Published in