About FAQIX
Nuveen Dividend Value Fund Class I is an equity mutual fund that aims to deliver long-term capital growth and income through investment in a diversified portfolio of dividend-paying stocks. The fund primarily targets large-cap companies with a track record of reliable and above-average dividends, placing particular focus on businesses that also demonstrate potential for sustained growth at attractive valuations. By allocating at least 80% of its assets to equity securities, the fund emphasizes value investing within the "Large Value" category. Its portfolio is concentrated in sectors such as healthcare, utilities, consumer defensive, financial services, energy, and real estate, with notable holdings including UnitedHealth Group, AT&T, and NextEra Energy. Managed with a long-term horizon, typically two to three years, Nuveen Dividend Value Fund Class I is designed for institutional investors, given its higher minimum investment requirement and absence of sales charges. It plays a significant role in the financial market by offering access to high-conviction, income-generating equities while maintaining a competitive expense ratio within its peer group, appealing to investors prioritizing both income and value-driven equity exposure.
Fund Family Nuveen
Category Large Value
Performance Rating Below Average
Risk Rating Average
Stock Exchange NASDAQ
Ticker Symbol FAQIX
Share Class Class I
Index Russell 1000 Value TR
FAQIX had a total return of 20.96% in the past year, including dividends. Since the fund's
inception, the average annual return has been 8.71%.
