About TIBNX
Nuveen International Bond Fund Class I is a mutual fund that seeks to deliver attractive long-term risk-adjusted returns through dynamic asset allocation across interest rate, credit, and currency markets. It pursues enhanced returns and diversification by investing in a broad range of non-U.S. fixed-income securities, including investment-grade sovereign, quasi-sovereign, and corporate bonds, as well as emerging markets debt and high yield securities. The fund employs a top-down and bottom-up investment approach, combining a global perspective with detailed issuer credit analysis and local bond market research to identify opportunities in developed and emerging markets worldwide. This strategy provides exposure to currencies, corporate bonds, and high yield instruments outside the U.S., aiming to potentially outperform benchmarks through opportunistic allocations. Class I shares are designed for specified classes of investors, such as certain financial intermediaries and employee benefit plans, with no sales charge. The fund plays a key role in international fixed-income portfolios by offering diversification beyond domestic markets, subject to risks like currency fluctuations, credit deterioration, interest rate changes, and emerging market volatilities.
Fund Family Nuveen
Category World Bond-USD Hedged
Performance Rating Above Average
Risk Rating Below Average
Stock Exchange Nasdaq
Ticker Symbol TIBNX
Share Class Class I
Index Bloomberg Global Aggr ex-USD Hedged TR
TIBNX had a total return of 0.80% in the past year, including dividends. Since the fund's
inception, the average annual return has been 2.42%.
