- What does FRSSX invest in?
- This fund primarily aims to deliver superior current income and substantial capital appreciation over the long term. To achieve its objectives, the fund typically allocates a minimum of 80% of its combined net assets and any borrowed capital designated for investment to income-generating common stocks of publicly listed companies operating within the real estate sector. Although the advisor anticipates focusing mainly on equity Real Estate Investment Trusts (REITs), the fund's strategy permits investments across all three types of REITs. Additionally, up to 15% of the fund's total assets may be invested in non-U.S. equity securities whose value is not tied to the U.S. dollar, and a similar proportion, up to 15% of its total assets, can be directed towards equity holdings from emerging market issuers.
- What is the expense ratio of FRSSX?
- An expense ratio for Nuveen Real Estate Securities Fund Class R3 (FRSSX) is not available from our data sources — neither our market-data feed nor the SEC's structured prospectus and annual-report datasets report one for this share class. The fund's prospectus on the issuer's site carries the authoritative fee.
- How big is FRSSX?
- Nuveen Real Estate Securities Fund Class R3 (FRSSX) manages $2.53B 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 FRSSX actively managed or an index fund?
- FRSSX's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy.
- When was FRSSX launched?
- Nuveen Real Estate Securities Fund Class R3 (FRSSX) launched in September 2001 and is managed by Nuveen.
- How has FRSSX performed?
- FRSSX'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.