Nuveen Flexible Income Fund Class A

Frequently Asked Questions About NWQAX

What does NWQAX invest in?

This fund's objective is to deliver both consistent income and capital growth. It commits a minimum of 80% of its total holdings to assets that generate revenue. Furthermore, at least 65% of its portfolio is dedicated to preferred shares and various types of fixed-income instruments. The fund has no upper limit on its allocation to speculative, lower-rated debt, frequently termed "high-yield" or "junk" bonds. Up to half of its net assets may also be placed in U.S. dollar-denominated securities issued by foreign corporations.

What is the expense ratio of NWQAX?

Nuveen Flexible Income Fund Class A (NWQAX) charges an expense ratio of 0.96%. This is the annual fee deducted from fund assets to cover management and operations.

What is NWQAX's dividend yield?

NWQAX's trailing-twelve-month yield is 5.32%, calculated from the sum of dividends over the past year divided by the current price.

How big is NWQAX?

Nuveen Flexible Income Fund Class A (NWQAX) manages $852.7M 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 NWQAX actively managed or an index fund?

NWQAX's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy.

When was NWQAX launched?

Nuveen Flexible Income Fund Class A (NWQAX) launched in December 2009 and is managed by Nuveen.