Fund Facts  

Inception Date: Sep 15, 2009
CUSIP: 67064Y297
Ticker Symbol: NQGIX
Morningstar Category:World Large-Stock Value
As of Jun 30, 2021
Fund Net Assets ($millions) $165

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 Jun 30, 2021
Fund/Benchmark Name QtrYTD1-Yr3-Yr5-Yr10-YrSince Inception
Nuveen NWQ Global Equity Inca6.54%17.01%40.76%9.38%9.50%8.19%9.06%
MSCI World Index (Net)a,b7.74%13.05%39.04%14.99%14.83%10.65%N/A
Morningstar World Large-Stock Valuea,c5.03%14.38%39.50%9.11%10.10%7.90%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, participants or plan sponsors in a MissionSquare Retirement administered account can log in at www.icmarc.org, or institutions can go to www.vantagepointfunds.org.

Fund performance is shown comparing it to a "benchmark" which may be a (i) broad-based securities market index (ii) a group of mutual funds with similar investment objectives, or (iii) a short term government backed debt obligation such as a U.S. Treasury Bill. An index is not available for direct investment, is unmanaged, and does not reflect the costs of portfolio management or trading. A fund's portfolio may differ from the securities held in an index.

Fund Expensesa,d
Gross Expenses0.99%
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., © 2021 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 nor 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 average return 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 and gross expense ratios of a fund are typically due to fee waivers, expense reimbursements, and/or expense limits.

Distributions

Dividends and Capital Gains  
Record Date Ex/Payable Date Income/Capital Gains Paid Per Share
Jun 30, 2021Jun 30, 2021$0.247200000
Mar 31, 2021Mar 31, 2021$0.155900000
Dec 30, 2020Dec 30, 2020$0.154000000
Sep 30, 2020Sep 30, 2020$0.201100000
Jun 30, 2020Jun 30, 2020$0.179000000
Mar 31, 2020Mar 31, 2020$0.218900000
Dec 30, 2019Dec 30, 2019$0.080300000
Sep 30, 2019Sep 30, 2019$0.205500000
Jun 28, 2019Jun 28, 2019$0.299600000
Mar 29, 2019Mar 29, 2019$0.250600000
Dec 28, 2018Dec 28, 2018$0.098500000
Dec 17, 2018Dec 17, 2018$0.629400000
Sep 28, 2018Sep 28, 2018$0.139300000
Jun 29, 2018Jun 29, 2018$0.281000000
Mar 29, 2018Mar 29, 2018$0.228600000
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 Jun 30, 2021
Period Stars Category Size
Overall 3 Stars158
3-Year 3 Stars158
5-Year 3 Stars145
10-Year 3 Stars81

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 Jun 30, 2021
Equity Stylebox
Large Value
Allocation of Assets As of May 31, 2021
Type of Asset Percent
Equity96%
Fixed Income3%
Cash/Other1%

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

 
 

Characteristics

Allocation of Assets As of May 31, 2021
Asset ClassPercent
Domestic Stock45.1%
Foreign Stock50.6%
Domestic Bond0.0%
Foreign Bond0.0%
Preferred3.2%
Convertible0.0%
Cash1.0%
Other0.0%

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

 

Equity Sector As of May 31, 2021
SectorPercent
Financial Services19.6%
Healthcare12.3%
Industrials12.3%
Technology11.9%
Consumer Cyclical9.2%
Communication Services8.6%
Energy6.3%
Consumer Defensive6.3%
Basic Materials6.3%
Utilities2.5%

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

 
Top Ten Country Exposure As of May 31, 2021
CountryPercent
United States45.1%
Germany11.6%
Japan8.5%
United Kingdom8.4%
South Korea4.7%
China3.1%
France2.8%
Belgium2.2%
Netherlands2.0%
Singapore1.9%
Top Ten Holdings As of May 31, 2021
Holding NamePercent
Deutsche Post AG3.5%
Citigroup Inc3.0%
Anthem Inc2.7%
JPMorgan Chase & Co2.7%
Enterprise Products Partners LP2.6%
GlaxoSmithKline PLC2.4%
Nintendo Co Ltd2.4%
Samsung Electronics Co Ltd Participating Preferred2.4%
Microsoft Corp2.4%
Oracle Corp2.4%
 

Statistics

Portfolio Statistics As of Jun 30, 2021
Statistic3-Year5-Year
Beta1.061.05
Alpha-5.56-5.27
Standard Deviation20.0016.06
 
 

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, or log in at www.icmarc.org.

The source for this information is Morningstar, Inc. Copyright © 2021 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 MissionSquare Retirement or its affiliates. MissionSquare Retirement 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.