Nuveen High Yield Income Fund Class I

Frequently Asked Questions About NCOIX

What does NCOIX invest in?

This fund is designed to deliver both ongoing income and long-term capital growth. Under typical market conditions, it dedicates at least 80% of its total investable assets (which includes its net assets plus any borrowed funds) to debt instruments like bonds and loans. These investments are primarily considered high-yield, meaning they carry a rating below investment grade or, if unrated, are judged by the fund's managers to be of similar credit quality. The portfolio includes debt issued by both U.S. companies and non-U.S. companies, provided the latter's debt is denominated in U.S. dollars and is available for trading either on public exchanges or through over-the-counter markets.

What is the expense ratio of NCOIX?

Nuveen High Yield Income Fund Class I (NCOIX) charges an expense ratio of 0.77%. This is the annual fee deducted from fund assets to cover management and operations.

What is NCOIX's dividend yield?

NCOIX's trailing-twelve-month yield is 7.48%, calculated from the sum of dividends over the past year divided by the current price.

What is the duration of NCOIX?

Effective duration measures NCOIX's sensitivity to interest-rate changes: a duration of 6 means a 1% rate move shifts NAV by roughly 6% in the opposite direction. NCOIX's current duration is published on the fund's factsheet on the issuer's website.

What is the credit quality of NCOIX?

NCOIX's credit quality breakdown (the share of holdings rated AAA through CCC and below) is published on the fund's factsheet. Higher-quality (investment-grade) funds yield less but carry less default risk than high-yield / junk bond funds.

What is the yield to maturity of NCOIX?

Yield to maturity (YTM) is the total return you'd earn from NCOIX if every bond in the portfolio is held to maturity at the current price. NCOIX's YTM is published on the fund's factsheet on the issuer's website. It differs from the trailing-12-month yield because YTM reflects current bond prices rather than historical income paid.