Nuveen Strategic Income Fund Class A (FCDDX)
| Fund Assets | 1.05B |
| Expense Ratio | 0.80% |
| Min. Investment | $3,000 |
| Turnover | 60.00% |
| Dividend (ttm) | 0.63 |
| Dividend Yield | 6.09% |
| Dividend Growth | 10.30% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jun 30, 2025 |
| Previous Close | 9.87 |
| YTD Return | 3.64% |
| 1-Year Return | 6.74% |
| 5-Year Return | 15.69% |
| 52-Week Low | 9.64 |
| 52-Week High | 10.11 |
| Beta (5Y) | n/a |
| Holdings | 603 |
| Inception Date | Feb 1, 2000 |
About FCDDX
Nuveen Strategic Income Fund Class A is a diversified mutual fund that operates as a multi-sector bond fund. Its primary objective is to deliver total return by actively managing a portfolio composed of both investment grade and high-yield debt securities sourced from U.S. and international issuers. The fund maintains a flexible approach, seeking opportunities across various fixed-income sectors, including U.S. government bonds, corporate debt, mortgage-backed and asset-backed securities, as well as foreign bonds. Typically, at least 80% of its assets are invested in income-producing securities, and the portfolio is managed to maintain a weighted average effective maturity of 15 years or less, with an average duration between three and eight years. Designed for investors seeking a high level of current income while prudently managing risk to capital, the fund plays a strategic role in portfolios that require broad exposure to different areas of the global bond market. Its multisector strategy enables adaptability to shifting market conditions and aims to provide income and risk diversification within the fixed-income asset class.
Performance
FCDDX had a total return of 6.74% in the past year, including dividends. Since the fund's inception, the average annual return has been 4.69%.
Top 10 Holdings
10.53% of assets| Name | Symbol | Weight |
|---|---|---|
| Fixed Income Clearing Corp Repo | n/a | 1.47% |
| United States Treasury Bonds 4.75% | T.4.75 02.15.45 | 1.38% |
| Federal National Mortgage Association 5.5% | FN.MA5039 | 1.23% |
| Federal National Mortgage Association 5.5% | FN.MA5165 | 1.20% |
| Federal National Mortgage Association 5.5% | FN.MA5107 | 1.18% |
| Federal National Mortgage Association 5.5% | FN.MA5353 | 1.08% |
| State Str Navigator Secs Lending Tr | n/a | 0.95% |
| Federal National Mortgage Association 5.5% | FN.MA4919 | 0.74% |
| United States Treasury Notes 3.75% | T.3.75 04.30.27 | 0.66% |
| CONNECTICUT AVENUE SECURITIES TRUST 2022-R06 15.33% | CAS.2022-R06 1B2 | 0.65% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jun 30, 2025 | $0.0505 | Jul 1, 2025 |
| May 30, 2025 | $0.0505 | Jun 2, 2025 |
| Apr 30, 2025 | $0.053 | May 1, 2025 |
| Mar 31, 2025 | $0.053 | Apr 1, 2025 |
| Feb 28, 2025 | $0.053 | Mar 3, 2025 |
| Jan 31, 2025 | $0.053 | Feb 3, 2025 |