- ISIN
- US67064Y5454
- Issuer
- Nuveen
- Inception Date
- Dec 15, 2006
- Category
- Small Cap Blend Equities
- Min. Investment
- $100,000
- Distribution Policy
- Distributing
- Asset Class
- Equity
- Asset Class Size
- Small-Cap
- Asset Class Style
- Blend
Share Price Chart
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Performance
NSMRX Performance Chart
Nuveen Small/Mid Cap Value Fund (NSMRX) is up 18.6% since the beginning of the year. NSMRX is currently trading at $41 per share. Investors who bought $1,000 worth of NSMRX shares 5 years ago would now be looking at an investment worth $1,953.
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Returns By Period
Nuveen Small/Mid Cap Value Fund (NSMRX) has returned 18.58% so far this year and 37.67% over the past 12 months. Over the last ten years, NSMRX has returned 12.80% per year, falling short of the S&P 500 Index benchmark, which averaged 13.88% annually.
Nuveen Small/Mid Cap Value Fund
- 1D
- 1.23%
- 1M
- 0.12%
- YTD
- 18.58%
- 6M
- 16.21%
- 1Y
- 37.67%
- 3Y*
- 19.95%
- 5Y*
- 14.33%
- 10Y*
- 12.80%
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%
NSMRX Monthly Returns History
Based on dividend-adjusted daily data since Dec 14, 2006, NSMRX's average daily return is +0.04%, while the average monthly return is +0.85%. At this rate, an investment would double in approximately 6.8 years.
Historically, 58% of months were positive and 42% were negative. The best month was Apr 2009 with a return of +19.6%, while the worst month was Oct 2008 at -28.2%. The longest winning streak lasted 8 consecutive months, and the longest losing streak was 5 months.
On a daily basis, NSMRX closed higher 52% of trading days. The best single day was Oct 13, 2008 with a return of +12.7%, while the worst single day was Mar 16, 2020 at -13.2%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 6.19% | 1.52% | -5.42% | 13.22% | 3.34% | -0.60% | 18.58% | ||||||
| 2025 | 4.26% | -3.86% | -4.98% | -3.81% | 4.98% | 3.80% | 1.00% | 5.94% | 1.56% | 1.64% | 2.17% | -0.50% | 12.10% |
| 2024 | -1.18% | 3.86% | 6.72% | -4.83% | 6.05% | -0.83% | 4.94% | 3.11% | 1.55% | -1.55% | 9.56% | -7.51% | 20.17% |
| 2023 | 6.27% | 0.11% | -4.00% | -0.88% | -1.55% | 7.16% | 3.81% | -2.29% | -3.90% | -3.12% | 7.52% | 5.54% | 14.45% |
| 2022 | -4.29% | 1.89% | 1.75% | -6.61% | 1.95% | -10.28% | 8.57% | -1.49% | -8.68% | 11.73% | 5.94% | -3.76% | -5.69% |
| 2021 | 2.43% | 12.63% | 4.65% | 5.50% | 0.21% | -0.57% | -1.13% | 0.83% | -2.50% | 4.95% | -3.28% | 11.33% | 39.41% |
Benchmark Metrics
Nuveen Small/Mid Cap Value Fund has an annualized alpha of -0.66%, beta of 1.10, and R2 of 0.80 versus S&P 500 Index. Calculated based on daily prices since December 14, 2006.
- This fund participated in 113.94% of S&P 500 Index downside but only 112.26% of its upside - more exposed to losses than it benefited from rallies.
- With beta of 1.10 and R2 of 0.80, 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
- -0.66%
- Beta
- 1.10
- R²
- 0.80
- Upside Capture
- 112.26%
- Downside Capture
- 113.94%
Expense Ratio
NSMRX has a high expense ratio of 1.05%, indicating above-average management fees.
Return for Risk
Risk / Return Rank
NSMRX ranks 66 for risk / return — better than 66% of mutual funds on our site. You're getting solid returns for the risk taken. A good sign, especially for investors who want growth without excessive volatility.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for Nuveen Small/Mid Cap Value Fund (NSMRX) 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.
| NSMRX | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.10 | ||
| Sortino ratioReturn per unit of downside risk | +0.21 | ||
| Omega ratioGain probability vs. loss probability | 1.37 | 1.37 | 0.00 |
| Calmar ratioReturn relative to maximum drawdown | 3.59 | 2.78 | +0.80 |
| Martin ratioReturn relative to average drawdown | 13.06 | 12.44 | +0.62 |
Dividends
Dividend History
Nuveen Small/Mid Cap Value Fund provided a 5.81% dividend yield over the last twelve months, with an annual payout of $2.39 per share.
| Period | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $2.39 | $2.39 | $3.65 | $0.21 | $1.39 | $5.77 | $0.12 | $0.14 | $8.69 | $1.83 |
Dividend yield | 5.81% | 6.89% | 11.02% | 0.69% | 5.19% | 19.32% | 0.46% | 0.55% | 43.81% | 5.27% |
Monthly Dividends
The table displays the monthly dividend distributions for Nuveen Small/Mid Cap Value 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 | $2.39 | $2.39 |
| 2024 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $3.65 | $3.65 |
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.21 | $0.21 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.39 | $1.39 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $5.77 | $5.77 |
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 Small/Mid Cap Value 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 Small/Mid Cap Value Fund was 68.14%, occurring on Mar 9, 2009. Recovery took 973 trading sessions.
The current Nuveen Small/Mid Cap Value Fund drawdown is 1.77%.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
Financial crisis2007–2009 | -68.14%Mar 2009 | 1y 9mo | 3y 10mo | 5y 7moJun 2007 - Jan 2013 |
COVID crash2020 | -44.57%Mar 2020 | 1y 6mo | 9mo 19d | 2y 4moAug 2018 - Jan 2021 |
2025 selloff2025 | -24.02%Apr 2025 | 4mo 13d | 5mo 6d | 9mo 19dNov 2024 - Sep 2025 |
2016 bear market2016 | -21.14%Feb 2016 | 1y 7mo | 9mo 4d | 2y 4moJul 2014 - Nov 2016 |
Bear market2022 | -18.63%Sep 2022 | 6mo 1d | 4mo 8d | 10mo 9dMar 2022 - Feb 2023 |
Drawdown Indicators
| NSMRX | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -68.14% | -56.78% | -11.36% |
Max Drawdown (1Y)Largest decline over 1 year | -10.55% | -9.10% | -1.45% |
Max Drawdown (3Y)Largest decline over 3 years | -24.02% | -18.90% | -5.12% |
Max Drawdown (5Y)Largest decline over 5 years | -24.02% | -25.43% | +1.41% |
Max Drawdown (10Y)Largest decline over 10 years | -44.57% | -33.92% | -10.65% |
Current DrawdownCurrent decline from peak | -1.77% | -1.80% | +0.03% |
Average DrawdownAverage peak-to-trough decline | -11.39% | -10.71% | -0.68% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.89% | 2.03% | +0.86% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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