# Nuveen Flexible Income Fund Class I (NWQIX): Mutual Fund Facts & Distributions > Markdown mirror of https://www.dividenddata.com/funds/nwqix for AI agents. Same live data as the HTML page, regenerated on the same refresh cycle. Not investment advice. - Issuer: Nuveen · Asset class: Equity - Strategy: Actively Managed · Inception: 2009-12-09 The fund aims to achieve both consistent income generation and capital growth. It allocates a minimum of 80% of its total assets to investments that produce income. A substantial portion, specifically at least 65% of its net assets, is directed towards preferred stock and various debt instruments. There are no limitations on the fund's ability to invest in lower-rated, higher-yielding bonds, frequently referred to as "high-yield" or "junk" bonds. Furthermore, it has the flexibility to commit up to half of its net assets to U.S. dollar-denominated securities issued by companies based outside... ## Key Facts | Metric | Value | |---|---| | Price | $19.62 | | Expense Ratio | 0.71% | | AUM (All Share Classes) | $904.5M | | NAV | $19.62 (2026-10-30 close) | | Holdings Count | — | | Distribution Yield (TTM) | 5.79% | | Annual Distribution (TTM) | $1.14 /share | | Distribution Frequency | Monthly | | 52-Week Range | $19.47 – $20.39 | | Beta | 0.85 | ## Latest Distribution - Amount: $0.0895 /share - Ex-date: 2026-10-30 - Pay date: 2026-11-02 ## Frequently Asked Questions ### What does NWQIX invest in? The fund aims to achieve both consistent income generation and capital growth. It allocates a minimum of 80% of its total assets to investments that produce income. A substantial portion, specifically at least 65% of its net assets, is directed towards preferred stock and various debt instruments. There are no limitations on the fund's ability to invest in lower-rated, higher-yielding bonds, frequently referred to as "high-yield" or "junk" bonds. Furthermore, it has the flexibility to commit up to half of its net assets to U.S. dollar-denominated securities issued by companies based outside the United States. ### What is the expense ratio of NWQIX? Nuveen Flexible Income Fund Class I (NWQIX) charges an expense ratio of 0.71%. This is the annual fee deducted from fund assets to cover management and operations. ### What is NWQIX's dividend yield? NWQIX's trailing-twelve-month yield is 5.79%, calculated from the sum of dividends over the past year divided by the current price. ### How big is NWQIX? Nuveen Flexible Income Fund Class I (NWQIX) is one share class of a fund that manages $904.5M across all of its share classes (NQWFX, NWQAX, NWQCX report the same total). Our data does not carry the assets of this share class alone. AUM determines bid-ask liquidity and the fund's vulnerability to closure. Funds below ~$50M are at higher risk of liquidation. ### Is NWQIX actively managed or an index fund? NWQIX is actively managed: the manager selects holdings rather than tracking an index. Active funds typically charge higher expense ratios than index funds (NWQIX's is 0.71%) in exchange for the discretion to over- or under-weight positions. ### When was NWQIX launched? Nuveen Flexible Income Fund Class I (NWQIX) launched in December 2009 and is managed by Nuveen. ### Does NWQIX pay a dividend? Yes, Nuveen Flexible Income Fund Class I (NWQIX) distributes dividends to shareholders. The trailing-twelve-month yield is 5.79%. Full dividend history is on this page. ### How often does NWQIX pay dividends? Nuveen Flexible Income Fund Class I pays dividends Monthly. Each ex-dividend date, record date, and payment date is listed in the dividend history table on this page. ### When is NWQIX's next ex-dividend date? The most recently announced ex-dividend date for NWQIX was 2026-10-30. The next ex-date typically follows Monthly; once announced it appears at the top of the dividend history table on this page. ### How much will NWQIX's expense ratio cost me over 30 years? On a $10,000 investment compounding at 7% gross return, a 0.71% expense ratio quietly compounds against your balance every year. The Fee Compounding Forecast card above projects the dollar drag for any holding period and assumption you pick. The typical result for a 1.0% expense ratio on a 30-year hold is roughly 25% of the final balance lost to fees. ### How does NWQIX charge its expense ratio? The expense ratio is deducted in tiny daily slices from NWQIX's net asset value (NAV). You never see a bill. The price quoted on every exchange is already net of fees. There's no "fee day" to avoid; the cost is continuous and built into the trading price. ### Why does NWQIX cost more than a fund like VOO? NWQIX is actively managed (current expense ratio 0.71%). Active funds charge more than passive index trackers in exchange for the manager's discretion to over- or under-weight positions. The Cost Verdict card above tells you whether NWQIX's fee is competitive for the active-management cohort. ### Are there cheaper alternatives to NWQIX? The Lower-Fee Alternatives card above lists mutual funds following the same investment strategy as NWQIX (0.71%) but at a lower expense ratio. Each row shows the fee gap, the peer's AUM as a liquidity sanity-check, and a direct link to that fund's analysis page. Cheaper price doesn't automatically mean better. Verify the peer holds what you actually want. ## More on Dividend Data - Overview (HTML): https://www.dividenddata.com/funds/nwqix - Distribution history: https://www.dividenddata.com/funds/nwqix/dividend - Holdings & diversification: https://www.dividenddata.com/funds/nwqix/diversification - Fees & cheaper alternatives: https://www.dividenddata.com/funds/nwqix/expenses - Peer comparison: https://www.dividenddata.com/funds/nwqix/peers Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.