Nuveen Large-Cap Value Fund Class R3

Frequently Asked Questions About NMMTX

What does NMMTX invest in?

The fund primarily aims to achieve considerable long-term appreciation of capital. Under typical market conditions, it commits a minimum of 80% of its total assets, including any funds borrowed for investment purposes, to the equity securities of large-capitalization firms. These large-capitalization entities are identified as companies whose market capitalization falls within the spectrum of the Russell 1000 Index, based on its composition as of the last business day of the month of its most recent reconstitution.

What is the expense ratio of NMMTX?

An expense ratio for Nuveen Large-Cap Value Fund Class R3 (NMMTX) 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 NMMTX?

Nuveen Large-Cap Value Fund Class R3 (NMMTX) manages $217.1M 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 NMMTX actively managed or an index fund?

NMMTX 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 because there's no security selection cost.

When was NMMTX launched?

Nuveen Large-Cap Value Fund Class R3 (NMMTX) launched in January 2019 and is managed by Nuveen.

How has NMMTX performed?

NMMTX'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.