Nuveen Real Estate Securities A (FREAX - Free Report) a Zacks Rank #3 (Hold) seeks to provide above average current income and long-term capital appreciation. FREAX primarily invests in income producing common stocks of publicly traded companies engaged in the real estate industry.
This Sector - Real Estate fund, as of the last filing, allocates their fund in three major groups; Intermediate Bond, Foreign Bond and Small Value. Further, as of the last filing, SIMON PROPERTY GROUP INC, PUBLIC STORAGE and PROLOGIS INC were the top holdings for FREAX.
The Nuveen Real Estate Securities A fund, managed by Nuveen, carries an expense ratio of 1.3%. Moreover, FREAX requires a minimal initial investment of $3,000.
FREAX has a history of positive total returns for over 10 years. Specifically, the fund’s returns over the 1, 3, 5 year benchmarks; 1 year 5.16%, 3 year 10.16% and 5 year 10.71%. To see how this fund performed compared in its category and other #1 and #2 Ranked Mutual Funds, please click here .
FREAX’s performance, as of the last filing, when compared to funds in its category was in the top 23% in 1 year, top 15% over the past 3 years, and in the 19% over the past 5 years.
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