Performance
Trailing returns
| 1 day | +0.27% |
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| 1 week | +0.09% |
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| 4 week | +0.81% |
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| 3 month | +1.81% |
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| YTD | +1.53% |
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| 1 year | +2.36% |
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| 3 years* | - | ||||
| 5 years* | - | ||||
| *annualised | |||||
| Best 3-month return | +3.28% | |
| Worst 3-month return | -0.54% |
Morningstar statistics
Morningstar category: Multialternative
| Return | Risk | Rating | |
| 3 years | Average | Low |
 
|
| 5 years | - | - | - |
| 10 years | - | - | - |
| Overall | Average | Low |
|
Morningstar style Learn more
| Large | |||
| Mid | |||
| Small | |||
| Value | Blend | Growth |
Key statistics
| Total assets | 260.54M | |
| Front load | - | |
| Deferred load | 1.00% | |
| Expense ratio | 2.08% | |
| Management fee | - | |
| Fund family | Nuveen |
Asset allocation
| Cash | 70.75% | |
| Stocks | 6.08% | |
| Bonds | 20.63% | |
| Preferred | 1.91% | |
| Other | 0.63% |
Purchase information
| Initial | $3,000 | |
| Additional | $100 | |
| IRA Initial | $2,500 | |
| AIP Initial | $2,500 | |
| AIP Additional | $100 |
11.25-0.02(-0.18%)
May 20, 4:00pm GMT-4
Overall Morningstar RatingTM
Description
The investment seeks to earn a positive total return over a reasonable period of time, regardless of market conditions. The fund will seek to outperform the Merrill Lynch 3 Month Treasury Bill Index (the "Treasury Bill Index") by 400 basis points, or 4%, on an annualized basis. It generally gains exposure to the above asset classes by investing in derivative instruments and exchange-traded funds ("ETFs"), except that the fund invests directly in U.S. Treasury obligations, non-U.S. government obligations that have an investment grade rating from at least one rating agency and money market funds.
Fund filings (PDF) »
Fund filings (PDF) »
Asset managers:
Keith Hembre (Started: Dec 30, 2009)
Derek Bloom (Started: Feb 28, 2011)
Walter French (Started: Dec 30, 2009)
David Cline (Started: Dec 30, 2009)
David Friar (Started: Dec 30, 2009)
Keith Hembre (Started: Dec 30, 2009)
Derek Bloom (Started: Feb 28, 2011)
Walter French (Started: Dec 30, 2009)
David Cline (Started: Dec 30, 2009)
David Friar (Started: Dec 30, 2009)
Risk
| 1 year | 3 years | 5 years | 10 years | ||
| Alpha* | 1.38 | 3.33 | - | - | |
| Beta* | 0.03 | 0.06 | - | - | |
| Mean annual return | 0.16 | 0.35 | - | - | |
| R-squared* | 2.24 | 13.96 | - | - | |
| Standard deviation | 1.80 | 2.52 | - | - | |
| Sharpe ratio | 1.00 | 1.65 | - | - | |
| * Against standard index | |||||
Top 10 holdings
| Security | Net Assets | |
| US Treasury Bond 4.5% | 5.12% | |
| Market Vectors EM Local Curr Bond ETF | 4.40% | |
| Vereinigte Mexikanische 7.75% | 3.19% | |
| Market Vectors High-Yield Muni ETF | 3.05% | |
| PowerShares Financial Preferred | 2.38% | |
| iShares S&P S/T Natnl AMT-Free Muni Bd | 2.21% | |
| iShares FTSE NAREIT Mort Plus Cp Idx | 2.00% | |
| PowerShares Senior Loan Port | 1.04% | |
| iShares JPMorgan USD Emerg Markets Bond | 1.03% | |
| iShares MSCI Pacific ex-Japan | 0.99% |