- Issuer
- Nuveen
- Inception Date
- Dec 9, 2002
- Region
- North America (U.S.)
- Category
- Large Cap Value Equities
- Leveraged
- 1x (No leverage)
- Index Tracked
- No Index (Active)
- Domicile
- United States
- Distribution Policy
- Distributing
- Asset Class
- Equity
- Asset Class Size
- Multi-Cap
- Asset Class Style
- Value
Share Price Chart
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Performance
NQVAX Performance Chart
Nuveen Multi-Cap Value Fund Class A (NQVAX) is up 14.4% since the beginning of the year. NQVAX is currently trading at $72 per share. Investors who bought $1,000 worth of NQVAX shares 5 years ago would now be looking at an investment worth $1,915.
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Returns By Period
Nuveen Multi-Cap Value Fund Class A (NQVAX) has returned 14.40% so far this year and 32.49% over the past 12 months. Over the last ten years, NQVAX has returned 13.06% per year, falling short of the S&P 500 Index benchmark, which averaged 13.88% annually.
Nuveen Multi-Cap Value Fund Class A
- 1D
- 0.60%
- 1M
- 0.94%
- YTD
- 14.40%
- 6M
- 13.65%
- 1Y
- 32.49%
- 3Y*
- 19.26%
- 5Y*
- 13.88%
- 10Y*
- 13.06%
Benchmark (S&P 500 Index)
- 1D
- -0.37%
- 1M
- -0.01%
- YTD
- 9.16%
- 6M
- 8.64%
- 1Y
- 25.22%
- 3Y*
- 19.78%
- 5Y*
- 11.99%
- 10Y*
- 13.88%
NQVAX Monthly Returns History
Based on dividend-adjusted daily data since Dec 6, 2002, NQVAX's average daily return is +0.04%, while the average monthly return is +0.89%. At this rate, an investment would double in approximately 6.5 years.
Historically, 63% of months were positive and 37% were negative. The best month was Nov 2020 with a return of +15.3%, while the worst month was Oct 2008 at -24.9%. The longest winning streak lasted 10 consecutive months, and the longest losing streak was 6 months.
On a daily basis, NQVAX closed higher 53% of trading days. The best single day was Oct 13, 2008 with a return of +13.9%, while the worst single day was Mar 16, 2020 at -12.4%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 4.48% | 2.69% | -4.01% | 8.91% | 1.33% | 0.66% | 14.40% | ||||||
| 2025 | 4.15% | -0.67% | -3.55% | -3.96% | 4.50% | 4.49% | 2.32% | 4.03% | 0.49% | 1.53% | 2.05% | 1.42% | 17.62% |
| 2024 | -0.45% | 2.14% | 6.43% | -3.78% | 4.46% | 0.67% | 3.73% | 1.67% | 1.34% | 0.09% | 7.36% | -5.41% | 18.95% |
| 2023 | 6.91% | -0.97% | -2.56% | 0.93% | -1.25% | 6.80% | 3.32% | -2.28% | -3.71% | -2.88% | 6.22% | 5.01% | 15.65% |
| 2022 | -1.03% | 2.21% | 2.87% | -6.58% | 1.65% | -8.94% | 6.70% | -1.30% | -7.98% | 12.80% | 5.17% | -4.57% | -1.27% |
| 2021 | 2.25% | 9.76% | 5.47% | 5.47% | 2.34% | -1.31% | -0.46% | 1.09% | -3.16% | 3.89% | -4.19% | 4.85% | 28.22% |
Benchmark Metrics
Nuveen Multi-Cap Value Fund Class A has an annualized alpha of 0.07%, beta of 1.03, and R2 of 0.87 versus S&P 500 Index. Calculated based on daily prices since December 06, 2002.
- This fund participated in 109.24% of S&P 500 Index downside but only 109.09% of its upside - more exposed to losses than it benefited from rallies.
- With beta of 1.03 and R2 of 0.87, this fund moves broadly in line with S&P 500 Index - much of its variation is explained by market exposure rather than independent behavior.
- Alpha
- 0.07%
- Beta
- 1.03
- R²
- 0.87
- Upside Capture
- 109.09%
- Downside Capture
- 109.24%
Expense Ratio
NQVAX has a high expense ratio of 1.15%, indicating above-average management fees.
Return for Risk
Risk / Return Rank
NQVAX ranks 82 for risk / return — in the top 82% of mutual funds on our site. This means strong returns relative to risk — exactly what professional investors look for. Well-suited for investors who want to maximize return per unit of risk.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for Nuveen Multi-Cap Value Fund Class A (NQVAX) and compare them to S&P 500 Index.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| NQVAX | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.42 | ||
| Sortino ratioReturn per unit of downside risk | +0.66 | ||
| Omega ratioGain probability vs. loss probability | 1.43 | 1.37 | +0.06 |
| Calmar ratioReturn relative to maximum drawdown | 4.41 | 2.78 | +1.62 |
| Martin ratioReturn relative to average drawdown | 16.68 | 12.44 | +4.24 |
Dividends
Dividend History
Nuveen Multi-Cap Value Fund Class A provided a 1.45% dividend yield over the last twelve months, with an annual payout of $1.04 per share. The fund has been increasing its distributions for 3 consecutive years.
| Period | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $1.04 | $1.04 | $0.88 | $0.49 | $0.47 | $0.51 | $1.04 | $0.38 | $0.00 | $0.55 | $0.21 | $0.18 |
Dividend yield | 1.45% | 1.66% | 1.62% | 1.06% | 1.17% | 1.23% | 3.17% | 1.10% | 0.00% | 1.76% | 0.79% | 0.78% |
Monthly Dividends
The table displays the monthly dividend distributions for Nuveen Multi-Cap Value Fund Class A. 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | ||||||
| 2025 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.04 | $1.04 |
| 2024 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.88 | $0.88 |
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.49 | $0.49 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.47 | $0.47 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.51 | $0.51 |
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.
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Worst Drawdowns
The table below displays the maximum drawdowns of the Nuveen Multi-Cap Value Fund Class A. 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 Multi-Cap Value Fund Class A was 67.90%, occurring on Nov 20, 2008. Recovery took 1295 trading sessions.
The current Nuveen Multi-Cap Value Fund Class A drawdown is 0.47%.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
Financial crisis2007–2009 | -67.90%Nov 2008 | 1y 5mo | 5y 1mo | 6y 7moJun 2007 - Jan 2014 |
COVID crash2020 | -42.29%Mar 2020 | 2mo 6d | 9mo 19d | 11mo 25dJan 2020 - Jan 2021 |
Rate-hike selloffLate 2018 | -25.36%Dec 2018 | 3mo 1d | 10mo 15d | 1y 1moSep 2018 - Nov 2019 |
2016 bear market2016 | -24.44%Feb 2016 | 1y 7mo | 10mo | 2y 5moJul 2014 - Dec 2016 |
2025 selloff2025 | -18.01%Apr 2025 | 4mo 13d | 2mo 25d | 7mo 8dNov 2024 - Jul 2025 |
Drawdown Indicators
| NQVAX | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -67.90% | -56.78% | -11.12% |
Max Drawdown (1Y)Largest decline over 1 year | -7.41% | -9.10% | +1.69% |
Max Drawdown (3Y)Largest decline over 3 years | -18.01% | -18.90% | +0.89% |
Max Drawdown (5Y)Largest decline over 5 years | -18.01% | -25.43% | +7.42% |
Max Drawdown (10Y)Largest decline over 10 years | -42.29% | -33.92% | -8.37% |
Current DrawdownCurrent decline from peak | -0.47% | -1.80% | +1.33% |
Average DrawdownAverage peak-to-trough decline | -11.79% | -10.71% | -1.08% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.95% | 2.03% | -0.08% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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