Nuveen Flexible Income Fund - Class R6

Frequently Asked Questions About NQWFX

What does NQWFX invest in?

Under normal market conditions, the fund invests at least 80% of its net assets in income producing debt, preferred and convertible securities. It may invest without limit in below-investment-grade securities, commonly referred to as "high yield" securities or "junk" bonds. The fund may invest up to 50% of its net assets in dollar-denominated securities issued by non-U.S. companies.

What is the expense ratio of NQWFX?

Nuveen Flexible Income Fund - Class R6 (NQWFX) charges an expense ratio of 0.65%. This is the annual fee deducted from fund assets to cover management and operations.

What is NQWFX's dividend yield?

NQWFX's trailing-twelve-month yield is 5.81%, calculated from the sum of dividends over the past year divided by the current price.

What is the duration of NQWFX?

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

What is the credit quality of NQWFX?

NQWFX'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 NQWFX?

Yield to maturity (YTM) is the total return you'd earn from NQWFX if every bond in the portfolio is held to maturity at the current price. NQWFX'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.