Nuveen Strategic Income Fund (FCBYX)
The investment seeks to provide investors with total return. The fund normally invests at least 80% of its net assets in income producing securities, including: U.S. government securities; residential and commercial mortgage-backed securities; asset-backed securities; domestic and foreign corporate debt obligations; preferred securities and contingent capital securities; fixed and floating rate loans; debt obligations of foreign governments; and municipal securities. It may invest up to 30% of its total assets in non-U.S. dollar denominated debt obligations of foreign corporations and governments.
Fund Info
US6706783908
Jan 31, 2000
$100,000
Expense Ratio
FCBYX features an expense ratio of 0.59%, falling within the medium range.
Share Price Chart
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Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Nuveen Strategic Income Fund, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
Nuveen Strategic Income Fund had a return of 6.37% year-to-date (YTD) and 7.14% in the last 12 months. Over the past 10 years, Nuveen Strategic Income Fund had an annualized return of 3.39%, while the S&P 500 had an annualized return of 11.06%, indicating that Nuveen Strategic Income Fund did not perform as well as the benchmark.
FCBYX
6.37%
0.25%
3.30%
7.14%
2.75%
3.39%
^GSPC (Benchmark)
24.34%
0.23%
8.53%
24.95%
13.01%
11.06%
Monthly Returns
The table below presents the monthly returns of FCBYX, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 0.73% | -0.19% | 0.92% | -1.01% | 1.67% | 0.94% | 1.75% | 1.47% | 1.35% | -1.34% | 1.07% | 6.37% | |
| 2023 | 3.70% | -1.52% | 0.85% | 0.94% | -0.75% | 0.70% | 0.91% | -0.55% | -1.81% | -1.53% | 4.28% | 3.80% | 9.14% |
| 2022 | -1.52% | -2.19% | -1.03% | -2.85% | -1.13% | -3.05% | 2.54% | -0.53% | -4.31% | -0.77% | 3.82% | 0.22% | -10.55% |
| 2021 | -0.00% | -0.55% | -0.65% | 1.16% | 0.43% | 0.79% | 0.61% | 0.34% | -0.46% | -0.45% | -0.46% | 0.73% | 1.48% |
| 2020 | 1.90% | 0.41% | -9.25% | 3.58% | 2.98% | 2.05% | 2.85% | 0.67% | -0.24% | 0.12% | 2.66% | 1.07% | 8.45% |
| 2019 | 2.85% | 0.91% | 1.69% | 0.89% | 0.60% | 1.84% | 0.68% | 2.02% | -0.05% | 0.42% | 0.32% | 0.33% | 13.19% |
| 2018 | -0.70% | -0.93% | 0.02% | -0.37% | -0.17% | -0.17% | 1.00% | 0.41% | -0.18% | -1.16% | -0.78% | -0.08% | -3.07% |
| 2017 | 0.83% | 0.92% | -0.31% | 1.01% | 0.82% | 0.25% | 0.63% | 0.67% | -0.08% | 0.48% | -0.22% | 0.43% | 5.56% |
| 2016 | -1.79% | -0.23% | 4.12% | 2.71% | 0.16% | 1.12% | 2.45% | 1.09% | 0.07% | -0.03% | -1.61% | 1.21% | 9.51% |
| 2015 | 1.22% | 0.86% | -0.38% | 0.24% | -0.02% | -1.63% | -0.21% | -1.49% | -1.52% | 1.98% | -0.87% | -2.51% | -4.34% |
| 2014 | 0.42% | 2.41% | 0.52% | 1.05% | 1.21% | 0.77% | -0.35% | 1.12% | -1.56% | 0.88% | 0.06% | -0.91% | 5.72% |
| 2013 | 0.65% | 0.22% | 0.48% | 1.96% | -1.82% | -3.18% | 1.26% | -1.02% | 0.70% | 2.44% | -0.03% | 0.60% | 2.16% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
With an overall rank of 85, FCBYX is among the top 15% of mutual funds on our website when it comes to balancing risk and reward. Below is a breakdown of how it compares using common performance measures.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Nuveen Strategic Income Fund (FCBYX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Nuveen Strategic Income Fund provided a 6.38% dividend yield over the last twelve months, with an annual payout of $0.63 per share. The fund has been increasing its distributions for 2 consecutive years.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.63 | $0.55 | $0.43 | $0.34 | $0.40 | $0.40 | $0.39 | $0.52 | $0.56 | $0.56 | $0.58 | $0.56 |
Dividend yield | 6.38% | 5.59% | 4.47% | 3.09% | 3.58% | 3.70% | 3.92% | 4.94% | 5.34% | 5.54% | 5.19% | 5.00% |
Monthly Dividends
The table displays the monthly dividend distributions for Nuveen Strategic Income Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.06 | $0.06 | $0.06 | $0.06 | $0.00 | $0.58 |
| 2023 | $0.04 | $0.04 | $0.04 | $0.04 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.55 |
| 2022 | $0.03 | $0.03 | $0.03 | $0.03 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.43 |
| 2021 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.34 |
| 2020 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.40 |
| 2019 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.40 |
| 2018 | $0.04 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.39 |
| 2017 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.52 |
| 2016 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.56 |
| 2015 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.56 |
| 2014 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.58 |
| 2013 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.56 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
Worst Drawdowns
The table below displays the maximum drawdowns of the Nuveen Strategic Income Fund. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the Nuveen Strategic Income Fund was 25.72%, occurring on Mar 9, 2009. Recovery took 101 trading sessions.
The current Nuveen Strategic Income Fund drawdown is 1.59%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -25.72% | May 21, 2008 | 200 | Mar 9, 2009 | 101 | Jul 31, 2009 | 301 |
| -15.93% | Mar 9, 2020 | 11 | Mar 23, 2020 | 84 | Jul 22, 2020 | 95 |
| -15.92% | Sep 16, 2021 | 280 | Oct 24, 2022 | 413 | Jun 14, 2024 | 693 |
| -10.43% | Apr 9, 2015 | 215 | Feb 12, 2016 | 98 | Jul 5, 2016 | 313 |
| -7.57% | Sep 19, 2001 | 275 | Oct 22, 2002 | 46 | Dec 27, 2002 | 321 |
Volatility
Volatility Chart
The current Nuveen Strategic Income Fund volatility is 1.20%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.