Nuveen Small Cap Growth Opportunities Fund

Frequently Asked Questions About FMPFX

What does FMPFX invest in?

Typically, this fund commits a minimum of 80% of its combined net assets and any capital borrowed for investment purposes to the common equity of small-capitalization companies. These small-cap firms are specifically those whose market capitalizations fall within the range of companies represented in the Russell 2000® Index. This market capitalization range is determined on the final business day of the month when the Russell 2000® Index last completed its reconstitution. This investment strategy is applied under standard market conditions.

What is the expense ratio of FMPFX?

Nuveen Small Cap Growth Opportunities Fund (FMPFX) charges an expense ratio of 0.81%. This is the annual fee deducted from fund assets to cover management and operations.

How big is FMPFX?

Nuveen Small Cap Growth Opportunities Fund (FMPFX) manages $246.1M 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 FMPFX actively managed or an index fund?

FMPFX 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 (FMPFX's is 0.81%) because there's no security selection cost.

When was FMPFX launched?

Nuveen Small Cap Growth Opportunities Fund (FMPFX) launched in July 2016 and is managed by Nuveen.

How has FMPFX performed?

FMPFX'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.