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Nuveen Investments, headquartered in Chicago, 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 number one farmland assets manager in the world and a leader in alternative investments. In its Multi-Asset Solutions, the company had $1.3 trillion of assets under management as of March 31, 2025. Nuveen offers a wide range of asset classes and products, ranging from equity and alternative funds to municipal and taxable fixed-income bond funds.
Nuveen Minnesota Municipal Bond fundseeks maximum current income that is exempt from both federal income tax and Minnesota state income tax to the extent consistent with prudent investment risk. FJMNX invests assets in municipal securities, including general obligation bonds and revenue bonds that pay interest exempt from both federal and Minnesota income tax.
Nuveen Minnesota Municipal Bond fund has three-year annualized returns of 3.7%.FJMNXhas an expense ratio of 0.76%.
Nuveen Multi Cap Value fund seeks long-term capital appreciation. NQVAX invests its assets in equity securities of companies with large, medium and small capitalizations that are selected on an opportunistic basis.
Nuveen Multi Cap Value fund has three-year annualized returns of 15%. As of September 2025, NQVAX held 59 issues, with 3.4% of its assets invested in Wells Fargo & Co.
Nuveen Quant Small/Mid Cap Eq fundseeks to provide long-term capital appreciation by investing in small-cap and mid-cap equity securities. TSMUX advisors also invest in foreign equity securities, either denominated in U.S. dollars or foreign currencies.
Nuveen Quant Small/Mid Cap Eq has three-year annualized returns of 16.7%.Pei Chenhas been one of the fund managers of TSMUXsince April 2016.
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3 Top-Ranked Nuveen Mutual Funds Worth Betting On
Nuveen Investments, headquartered in Chicago, 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 number one farmland assets manager in the world and a leader in alternative investments. In its Multi-Asset Solutions, the company had $1.3 trillion of assets under management as of March 31, 2025. 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 Minnesota Municipal Bond ((FJMNX - Free Report) ), Nuveen Multi Cap Value ((NQVAX - Free Report) ) and Nuveen Quant Small/Mid Cap Eq ((TSMUX - Free Report) ). Each has a Zacks Mutual Fund Rank #1 (Strong Buy) and is expected to outperform its peers in the future. Investors canclick here to see the complete list of Nuveen mutual funds.
Nuveen Minnesota Municipal Bond fund seeks maximum current income that is exempt from both federal income tax and Minnesota state income tax to the extent consistent with prudent investment risk. FJMNX invests assets in municipal securities, including general obligation bonds and revenue bonds that pay interest exempt from both federal and Minnesota income tax.
Nuveen Minnesota Municipal Bond fund has three-year annualized returns of 3.7%. FJMNX has an expense ratio of 0.76%.
Nuveen Multi Cap Value fund seeks long-term capital appreciation. NQVAX invests its assets in equity securities of companies with large, medium and small capitalizations that are selected on an opportunistic basis.
Nuveen Multi Cap Value fund has three-year annualized returns of 15%. As of September 2025, NQVAX held 59 issues, with 3.4% of its assets invested in Wells Fargo & Co.
Nuveen Quant Small/Mid Cap Eq fund seeks to provide long-term capital appreciation by investing in small-cap and mid-cap equity securities. TSMUX advisors also invest in foreign equity securities, either denominated in U.S. dollars or foreign currencies.
Nuveen Quant Small/Mid Cap Eq has three-year annualized returns of 16.7%. Pei Chen has been one of the fund managers of TSMUX since April 2016.
To view the Zacks Rank and the past performance of all Nuveen mutual funds, investors canclick here to see the complete list of Nuveen mutual funds.
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