About NEMDX
Nuveen Emerging Markets Debt Managed Accounts Portfolio is an open-end mutual fund focused on delivering total return by investing primarily in fixed-income securities across emerging markets. The fund targets a broad spectrum of sovereign, quasi-sovereign, and corporate bonds, generally rated B- or better, but is able to allocate up to 30% of assets to lower-rated or unrated issues based on the Sub-Adviser's assessment. Its diversified holdings span over 120 distinct securities, with a concentration in government-related debt across countries such as Peru, Mexico, Panama, the Philippines, and Saudi Arabia.
Nuveen utilizes a disciplined, research-driven approach to actively manage risks while seeking multiple sources of return in a sector known for its inefficiencies and complex, heterogeneous characteristics. The fund emphasizes downside risk management and leverages Nuveen’s experienced emerging markets debt team, which applies rigorous country and security selection to harness investment opportunities globally. As of mid-2025, it manages approximately $27 million in assets and offers investors quarterly income distributions. This fund serves institutions and individuals seeking exposure to the growth and diversification potential of emerging market fixed-income securities within a broader investment portfolio.
Fund Family Nuveen
Category Miscellaneous Fixed Income
Stock Exchange NASDAQ
Ticker Symbol NEMDX
Share Class Common Shares
Index Index is not provided by Management Company
NEMDX had a total return of 6.65% in the past year, including dividends. Since the fund's
inception, the average annual return has been 8.13%.
