Nuveen Investments, a leading global provider of investment services to institutions as well as high-net-worth and affluent investors, today announced that Nuveen was named one of
Best Mutual Fund Families in its annual survey. In the 2011 survey featured in
ranked Nuveen #2 among the 57 leading mutual fund families for the one-year period ending December 31, 2010.
“We are deeply gratified by this recognition in
annual survey, as it demonstrates the deliberate and thoughtful approach we have taken to creating a high-quality family of mutual fund strategies to help investors and their advisors achieve their long-term investment goals,” said John Amboian, Chairman and CEO, Nuveen Investments. “Further, this ranking reflects the strength and success of each of our distinct investment teams which advisors and investors can access through Nuveen Investments’ well-respected fund distribution and service platform.”
“As a firm, we are very fortunate to be able to draw upon the deep expertise of all of our asset management affiliates, each following a rigorous and disciplined investment process,” added Thomas Schreier, Nuveen Investments’ Vice Chairman, Wealth Management. We offer a markedly broad range of actively managed strategies -- from fixed income to high-quality global equities, to value and growth equities as well as to other traditional and specialized equity investments.”
The Nuveen Investments family of mutual funds offers investing strategies managed with experience and discipline, each designed to contribute to a well-constructed diversified portfolio. With approximately $45 billion in more than 100 mutual funds as of January 31, 2011, Nuveen Investments draws upon the distinct investment strengths of its boutique institutional investment managers:
- NWQ Investment Management—Value Equities
- Nuveen Asset Management—Fixed Income, Equity and Specialty Strategies
- Santa Barbara Asset Management—Growth Equities
- Symphony Asset Management—Risk-Managed Equity and Credit Strategies
- Tradewinds Global Investors—Global Equities
- Winslow Capital—Large Cap Growth Equities
- Nuveen HydePark--Quantitative Investment Strategies
Partnering with mutual fund tracking firm Lipper, the Barron’s mutual fund family survey ranks best overall fund family performance. Nuveen was named among the top five in the list of best mutual fund families in Barron’s 2010 survey. In
2011 survey, Nuveen ranked #10 among 53 mutual fund families and #24 among 46 mutual fund families for the five-year and ten-year periods ending December 31, 2010, respectively. Barron's is published by Dow Jones and Company.
To qualify for the Barron’s/Lipper Fund Survey, a fund group must have at least three funds in Lipper’s general U.S. Stock category as well as one in world equity, which combines global and international funds and one mixed equity fund, which holds stock and bonds; two taxable bond funds, and one tax-exempt offering. Fund returns include reinvested dividends and capital gains and do not reflect sales charges. It is important to note that past performance is no guarantee of future results.