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Nuveen Preferred Securities & Income Fund (NPSRX) Diversifiers

Mutual Fund · Currency in USD · Last updated Jul 14, 2026

The investment seeks a high level of current income and total return. Under normal circumstances, the fund invests at least 80% of the sum of its net assets and the amount of any borrowings for investment purposes in preferred securities and other income producing securities. The advisor intends to invest at least 25% of its assets in the securities of companies principally engaged in financial services. It normally invests at least 50% of its net assets in securities rated investment grade. The fund may invest up to 50% of its net assets in securities rated below investment grade.

Looking to diversify beyond NPSRX? The mutual funds below have the lowest correlation with NPSRX — they tend to move on their own, which can help reduce risk when the rest of your portfolio drops. The stock ideas table highlights individual companies that behave independently from NPSRX.

Best Diversifiers for NPSRX

7 mutual funds have low correlation with NPSRX (below 0.3), 0 of which are negatively correlated. The least correlated is Federated Hermes Strategic Value Dividend Fund (SVAIX) (Large Cap Value Equities) with a 1Y correlation of 0.18, down from 0.31 over 5 years.

SymbolNameCorrelation 1YCorrelation 3YCorrelation 5YRisk / Return RankCategoryCompare
SVAIX
Federated Hermes Strategic Value Dividend Fund0.180.320.31
84
Large Cap Value EquitiesNPSRX vs SVAIX
FGIAX
Nuveen Global Infrastructure Fund Class A0.200.370.38
68
Global EquitiesNPSRX vs FGIAX
FGIYX
Nuveen Global Infrastructure Fund0.200.360.38
71
Energy EquitiesNPSRX vs FGIYX
NUV
Nuveen Municipal Value Fund Inc.0.230.380.35
57
Municipal BondsNPSRX vs NUV
ACIIX
American Century Equity Income Fund Class I0.240.310.34
67
Large Cap Value EquitiesNPSRX vs ACIIX
See all 90 diversifiers for NPSRX

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Low-Correlation Stock Ideas

If you're looking for individual stocks that move independently from NPSRX, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to NPSRX and solid risk/return profiles. The least correlated is Bank of America Corporation (BAC) (Financial Services) with a 1Y correlation of 0.24, roughly unchanged from 0.29 over 5 years.

SymbolNameCorrelation 1YCorrelation 3YCorrelation 5YRisk / Return RankSector
BAC
Bank of America Corporation0.240.260.29
79
Financial Services

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Diversification Analysis

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