Nuveen Global Infrastructure Fund Class I (FGIYX)
| Fund Assets | 460.01M |
| Expense Ratio | 0.96% |
| Min. Investment | $100,000 |
| Turnover | 83.00% |
| Dividend (ttm) | 0.87 |
| Dividend Yield | 6.87% |
| Dividend Growth | 217.43% |
| Payout Frequency | Semi-Annual |
| Ex-Dividend Date | Dec 30, 2024 |
| Previous Close | 12.70 |
| YTD Return | 13.27% |
| 1-Year Return | 22.73% |
| 5-Year Return | 64.09% |
| 52-Week Low | 11.12 |
| 52-Week High | 12.81 |
| Beta (5Y) | n/a |
| Holdings | 100 |
| Inception Date | Dec 17, 2007 |
About FGIYX
Nuveen Global Infrastructure Fund Class I is an institutional mutual fund that focuses on long-term capital growth and income by investing in equity securities of both U.S. and international infrastructure-related companies. The fund's strategy involves allocating at least 80% of its assets to firms that own or operate essential infrastructure—such as utilities, energy providers, transportation networks, and communications facilities—which play vital roles in global and regional economies. With a diverse portfolio spanning multiple countries, the fund typically invests a significant portion in non-U.S. companies and includes exposure to emerging markets. The fund holds a broad basket of securities, with top holdings frequently in sectors like utilities, energy, industrials, and real estate. Managed by an experienced team at Nuveen, this fund appeals to investors seeking diversified access to infrastructure assets, which are known for their essential services and stable demand characteristics. Its institutional share class requires a higher minimum investment and features a competitive expense ratio, aiming to provide a balance of income generation and long-term growth within the infrastructure sector.
Performance
FGIYX had a total return of 22.73% in the past year, including dividends. Since the fund's inception, the average annual return has been 7.00%.
Top 10 Holdings
31.15% of assets| Name | Symbol | Weight |
|---|---|---|
| Xcel Energy Inc. | XEL | 4.20% |
| Aena S.M.E., S.A. | AENA | 4.05% |
| Entergy Corporation | ETR | 3.66% |
| Iberdrola, S.A. | IBE | 3.25% |
| Enbridge Inc. | ENB | 3.22% |
| Waste Connections, Inc. | WCN | 2.76% |
| Transurban Group | TCL | 2.69% |
| NextEra Energy, Inc. | NEE | 2.45% |
| Cheniere Energy, Inc. | LNG | 2.43% |
| The Williams Companies, Inc. | WMB | 2.43% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 30, 2024 | $0.2926 | Dec 31, 2024 |
| Dec 16, 2024 | $0.5762 | Dec 17, 2024 |
| Dec 28, 2023 | $0.2737 | Dec 29, 2023 |
| Dec 29, 2022 | $0.3296 | Dec 30, 2022 |
| Dec 15, 2022 | $0.137 | Dec 16, 2022 |
| Oct 13, 2022 | $0.1912 | Oct 14, 2022 |