- 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 $286.8M 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.
