About TSBIX
Nuveen Core Impact Bond Fund R6 is an actively managed mutual fund focused on the intermediate core bond category. Its primary objective is to provide total return, chiefly through current income, by investing broadly in investment-grade, U.S.-dollar denominated fixed income securities that exhibit strong environmental, social, and governance (ESG) characteristics. The fund incorporates bonds from various issuers, including U.S. government entities, government-related sectors, corporate issuers, and securitized assets, with a diversified portfolio that emphasizes measurable positive environmental and social outcomes alongside traditional financial metrics. Notable features include a competitive expense ratio that falls below the category average, an effective duration of roughly six years, and a credit profile that balances medium quality with moderate interest rate sensitivity. Managed by Nuveen since 2012, the fund plays a dual role: offering investors core fixed income exposure while aligning investments with responsible impact standards, making it significant in the sustainable investing landscape within the bond market.
Fund Family Nuveen
Category Intermediate Core Bond
Performance Rating Above Average
Risk Rating Above Average
Stock Exchange Nasdaq
Ticker Symbol TSBIX
Share Class Class R6
Index Bloomberg U.S. Aggregate Bond TR
TSBIX had a total return of -1.54% in the past year, including dividends. Since the fund's
inception, the average annual return has been 2.03%.
