Fund Facts  

Inception Date: Sep 15, 2009
CUSIP: 67064Y297
Ticker Symbol: NQGIX
Morningstar Category:World Large Stock
As of Mar 31, 2018
Fund Net Assets ($millions) $294

Documents for Fund or Underlying Fund(s)  

Description

Objective  

The investment seeks to provide high current income and long-term capital appreciation.

Principal Investment Strategies  

The fund will generally focus its investments on income producing securities. Normally, it will invest at least 80% of the sum of its net assets and the amount of any borrowings for investment purposes in equity securities, including common stock and preferred securities, certain debt securities convertible into common stock or preferred securities, and other securities with equity characteristics. Up to 20% of the fund's net assets may be invested in debt securities, including corporate debt securities and U.S. government and agency debt securities.

Principal Investment Risks  

There is no guarantee that the Fund will achieve its investment objective. You may lose money by investing in the Fund. Please see the Fund’s prospectus or other disclosure documents for information about the Fund’s risks.

 

Performance & Expenses

Standard Performance As of Mar 31, 2018
Fund/Benchmark Name QtrYTD1-Yr3-Yr5-Yr10-YrSince Inception
Nuveen NWQ Global Equity Inc   -1.38%-1.38%11.03%5.67%8.77%N/A9.51%
MSCI World Index (Net)a,b-1.28%-1.28%13.59%7.97%9.70%5.90%N/A
Morningstar World Large Stocka,c-0.44%-0.44%14.93%7.77%9.21%5.76%N/A

Fund past performance, as shown, is no guarantee of how the Fund will perform in the future. The performance shown has been annualized for periods greater than one year. Investment returns and principal value will fluctuate, so that an investor's shares, when redeemed, may be worth more or less than their original cost. For current performance, visit www.icmarc.org.

Fund Expensesa,d
Gross Expenses1.07%
Net Expenses0.86%

 

a. Certain information including, but not limited to, benchmark performance or other performance and/or fee information, is provided by Morningstar, Inc., 2018 All rights reserved. This information: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed and (3) is not warranted to be accurate, complete or timely. Neither Morningstar and/or its content providers are responsible for any damages or losses arising from any use of information. Morningstar is a registered trademark of Morningstar, Inc.

b. The MSCI World Index (Net) is a free float-adjusted market capitalization weighted index that is designed to measure the equity market performance around the world. The net version of this index reinvests dividends after the deduction of withholding taxes, using a tax rate applicable to non-resident institutional investors who do not benefit from double taxation treaties.

c. The Morningstar category represents the average return for a category of funds with similar investment objectives and strategies. The average is calculated and funds are assigned to a category by Morningstar.

d. Differences between the net expense ratio and gross expense ratio of a fund are typically due to fee waivers, expense reimbursements, expense limits, and/or the reimbursement of fees to the fund.

Distributions

Dividends and Capital Gains  
Record Date Ex/Payable Date Income/Capital Gains Paid Per Share
Dec 28, 2017Dec 28, 2017$0.135700000
Sep 29, 2017Sep 29, 2017$0.264900000
Jun 30, 2017Jun 30, 2017$0.335400000
 

Morningstar Information

Morningstar RatingTM   As of Mar 31, 2018
Period Stars Category Size
Overall 3 Stars703
3-Year 2 Stars703
5-Year 3 Stars583
10-Year N/A N/A

The Morningstar Rating™ for funds, or “star rating”, is calculated for managed products (including mutual funds, variable annuity and variable life subaccounts, exchange–traded funds, closed–end funds, and separate accounts) with at least a three–year history. Exchange–traded funds and open–ended mutual funds are considered a single population for comparative purposes. It is calculated based on a Morningstar Risk–Adjusted Return measure that accounts for variation in a managed product′s monthly excess performance, placing more emphasis on downward variations and rewarding consistent performance. The top 10% of products in each product category receive 5 stars, the next 22.5% receive 4 stars, the next 35% receive 3 stars, the next 22.5% receive 2 stars, and the bottom 10% receive 1 star. The Overall Morningstar Rating for a managed product is derived from a weighted average of the performance figures associated with its three–, five–, and 10–year (if applicable) Morningstar Rating metrics. The weights are: 100% three–year rating for 36–59 months of total returns, 60% five–year rating⁄40% three–year rating for 60–119 months of total returns, and 50% 10–year rating⁄30% five–year rating⁄20% three-year rating for 120 or more months of total returns. While the 10-year overall star rating formula seems to give the most weight to the 10-year period, the most recent three-year period actually has the greatest impact because it is included in all three rating periods.

Morningstar Stylebox As of Mar 31, 2018
Equity Stylebox
Large Value
Allocation of Assets As of Feb 28, 2018
Type of Asset Percent
Equity93%
Fixed Income4%
Cash/Other3%

Due to rounding, percentages shown may not add up to 100%.

 
 

Characteristics

Allocation of Assets As of Feb 28, 2018
Asset ClassPercent
Domestic Stock39.5%
Foreign Stock53.2%
Domestic Bond0.9%
Foreign Bond0.0%
Preferred3.4%
Convertible0.0%
Cash3.1%
Other0.0%

Due to rounding, percentages shown may not add up to 100%.

 
Equity Sector As of Feb 28, 2018
SectorPercent
Financial Services34.5%
Industrials10.4%
Technology8.7%
Healthcare8.5%
Consumer Cyclical7.5%
Energy5.4%
Basic Materials4.2%
Consumer Defensive4.0%
Communication Services3.9%
Utilities3.2%
Real Estate2.5%

Exposure reflects equity securities only and will sum to the equity exposure of the fund.

 
Top Ten Country Exposure As of Feb 28, 2018
CountryPercent
United States40.3%
Germany11.0%
United Kingdom7.9%
Japan5.6%
Ireland5.3%
France4.5%
Netherlands4.1%
Switzerland3.4%
Hong Kong2.5%
Belgium2.3%
Top Ten Holdings As of Feb 28, 2018
Holding NamePercent
Oracle Corp3.9%
DowDuPont Inc3.6%
AIB Group PLC3.2%
Citigroup Inc3.2%
Veolia Environnement SA3.1%
GlaxoSmithKline PLC3.0%
Enterprise Products Partners LP2.5%
CIT Group Inc2.5%
Imperial Brands PLC2.4%
ING Groep NV2.4%
 

Statistics

Portfolio Statistics As of Mar 31, 2018
Statistic3-Year5-Year
Beta0.930.95
Alpha-1.64-0.43
Standard Deviation10.2110.11
 
 

Footnotes

1.

Please read the fund's prospectus or disclosure materials carefully for a complete summary of all fees, expenses, investment objectives and strategies, risks, financial highlights, and performance information. Investing involves risk, including possible loss of the amount invested. Investors should carefully consider the information contained in the prospectus or disclosure materials before investing. To request a prospectus or disclosure materials, you may contact us by calling 800-669-7400, emailing investorservices@icmarc.org, or visiting www.icmarc.org.

The source for this information is Morningstar, Inc. Copyright 2018 Morningstar, Inc. All Rights Reserved. The information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information. Morningstar, Inc. is a global investment research firm that is not affiliated with ICMA-RC. ICMA-RC does not independently verify Morningstar data.

Morningstar places funds in certain categories based on the fund's historical portfolio holdings. Placement of a fund in a particular Morningstar category does not mean that the fund will remain in that category or that it will invest primarily in securities consistent with its Morningstar category. A fund's investment strategy and portfolio holdings are governed by its prospectus, guidelines or other governing documents, not its Morningstar category.