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Nuveen Multi-Strategy Core Bond R3 (NMSTX)

On Feb 9: 20.56 USD  Down 0.03 (0.15%)  
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Profile  As of 31-Jan-10 Get Profile for:
Nuveen Multi-Strategy Core Bond R3
C/O John Nuveen & Co Inc 333 West Wacker Drive Chicago IL 60606
Phone: 800-257-8787
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FUND OVERVIEW
Category: Intermediate-Term Bond
Fund Family: Nuveen
Net Assets: 180.00K
Year-to-Date Return: 1.25%
Yield: 4.31%
Morningstar Rating: 4 stars
Fund Inception Date: 01-Aug-08
MORNINGSTAR STYLE BOX
Intermediate-Term Bond
[View Category Definition]

Style box information not available for NMSTX

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MANAGEMENT INFORMATION
Andrew John Stenwall
Lead Manager since 20-Dec-04
Stenwall, managing director, portfolio manager, is a member of the investment team and shares responsibility for the firm?s fixed income portfolio management. As of 2008, he is a dual Rittenhouse and Nuveen Asset Management employee where he specializes in investment-grade, high-yield, mortgage, asset-backed, global fixed-income, and currency markets.
INVESTMENT INFORMATION
Min Initial Investment: $3,000
Min Initial Investment, IRA: $1,000
Min Initial Investment, AIP: $50
Min Subsequent Investment: $50
Min Subsequent Investment, IRA: $50
Min Subsequent Investment, AIP: $50
NMSTX can be purchased from 9 brokerages.
FUND SUMMARY
The fund seeks total return by investing in fixed income securities. The fund normally invests at least 80% of net assets in fixed income securities. It typically maintains an average duration of five years or less. The fund invests at least 75% of net assets either in securities rated investment grade (AAA/Aaa to BBB/Baa) by at least one independent rating agency or non-rated securities the fund?s advisor judges to be investment grade. It can invest up to 35% of net assets in debt of non-U.S. issuers. The fund also invest up to 20% of net assets in high yield debt securities and up to 10% in foreign entities that are located in emerging markets.
FUND OPERATIONS
Last Dividend (29-Jan-10): 0.09
Last Cap Gain (15-Dec-09): 0.02
Annual Holdings Turnover 360.00%
Average for Category: 231.70%
FEES & EXPENSES
Expense NMSTX Category
Avg
Total Expense Ratio: 1.20% 0.95%
Max 12b1 Fee: 0.50% N/A
Max Front End Sales Load: % 4.18%
Max Deferred Sales Load: % 2.66%
3 Yr Expense Projection*: $468 $454
5 Yr Expense Projection*: $837 $711
10 Yr Expense Projection*: $1,877 $1,437
* Per $10,000 invested


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