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Buy These 3 Nuveen Mutual Funds for Steady Returns

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With $1.2 trillion in assets under management as of Mar 31, 2024, Nuveen, LLC is a wholly-owned subsidiary of Teachers Insurance and Annuity Association of America. It manages a wide range of mutual funds, including both equity and fixed-income funds, and domestic and foreign funds. Founded in 1898 by John Nuveen, the company currently has more than $429 billion of assets invested in fixed-income bonds and $388 billion in equities.

Nuveen manages assets across a wide range of asset classes and products. Also, Nuveen offers financial services to its clients using a multi-boutique structure. The company provides these services through its independent team, comprising Nuveen Asset Management, Winslow Capital and Symphony.

Below, we share with you three top-ranked mid-cap blend mutual funds, namely Nuveen Winslow Large-Cap Growth ESG (NWCAX - Free Report) , Nuveen Quant Small Cap Equity (TCSEX - Free Report) , Nuveen Core Equity Premier (TRPGX - Free Report) . Each has earned a Zacks Mutual Fund Rank #1 (Strong Buy) and is expected to outperform its peers in the future. Investors can click here to see the complete list of funds.

Nuveen Winslow Large-Cap Growth ESG invests the majority of its net assets in equity securities of U.S. companies with market capitalizations in excess of $4 billion at the time of purchase. In arriving at their investment decision, the advisors evaluate each company’s performance, relative to peers, with respect to ESG factors provided by independent ESG research vendors.

Nuveen Winslow Large-Cap Growth ESG has three-year annualized returns of 10.4%. As of January 2024, NWCAX held 40 issues, with 13.2% of its assets invested in Microsoft.

Nuveen Quant Small Cap Equity invests most of its assets along with borrowings, if any, in equities of small-cap companies. TCSEX advisors define small-cap as securities which, at the time of purchase, fall within the capitalization range of companies included in the Russell 2000 Index.

Nuveen Quant Small Cap Equity has three-year annualized returns of 2.7%. TCSEX has an expense ratio of 0.72%.

Nuveen Core Equity Premier invests the majority of its net assets in equity securities that it believes have the potential for capital appreciation, dividend generation, or both. TRPGX advisors primarily invest in large-cap companies.

Nuveen Core Equity Premier has three-year annualized returns of 10.6%. Valerie Grant has been one of the fund managers of TRPGX since November 2022.

To view the Zacks Rank and the past performance of all mid-cap blend mutual funds, investors can click here to see the complete list of Nuveen mutual funds.

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