- What does FIMPX invest in?
- The fund's primary objective is to achieve capital appreciation. Typically, under normal market conditions, it commits a minimum of 80% of its total assets (comprising net assets and any borrowed funds used for investment) to the equity securities of small-capitalization companies. Small-cap companies are characterized as those firms whose market capitalizations align with the range of companies found within the Russell 2000® Index, based on its most recent reconstitution as of the last business day of that month.
- What is the expense ratio of FIMPX?
- Nuveen Small Cap Growth Opportunities Fund Class I (FIMPX) charges an expense ratio of 0.95%. This is the annual fee deducted from fund assets to cover management and operations.
- How big is FIMPX?
- Nuveen Small Cap Growth Opportunities Fund Class I (FIMPX) manages $286.5M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure — funds below ~$50M are at higher risk of liquidation.
- Is FIMPX actively managed or an index fund?
- FIMPX is a passive index fund — it tracks a published benchmark by holding the constituents in their published weights. Index funds typically charge low expense ratios (FIMPX's is 0.95%) because there's no security selection cost.
- When was FIMPX launched?
- Nuveen Small Cap Growth Opportunities Fund Class I (FIMPX) launched in July 1995 and is managed by Nuveen.
- How has FIMPX performed?
- FIMPX's total return — price change plus reinvested distributions — is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.
