- ISIN
- US6707008065
- Issuer
- Nuveen
- Inception Date
- Dec 8, 2009
- Category
- Diversified Portfolio
- Min. Investment
- $100,000
- Distribution Policy
- Distributing
- Asset Class
- Multi-Asset
- Asset Class Size
- Large-Cap
- Asset Class Style
- Value
Share Price Chart
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Performance
NWQIX Performance Chart
Nuveen Flexible Income Fund (NWQIX) is up 5.7% since the beginning of the year. NWQIX is currently trading at $20 per share. Investors who bought $1,000 worth of NWQIX shares 5 years ago would now be looking at an investment worth $1,244.
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Returns By Period
Nuveen Flexible Income Fund (NWQIX) has returned 5.71% so far this year and 14.70% over the past 12 months. Over the last ten years, NWQIX has returned 5.69% per year, falling short of the S&P 500 Index benchmark, which averaged 13.88% annually.
Nuveen Flexible Income Fund
- 1D
- 0.25%
- 1M
- 1.61%
- YTD
- 5.71%
- 6M
- 6.17%
- 1Y
- 14.70%
- 3Y*
- 10.64%
- 5Y*
- 4.46%
- 10Y*
- 5.69%
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%
NWQIX Monthly Returns History
Based on dividend-adjusted daily data since Jan 4, 2010, NWQIX's average daily return is +0.02%, while the average monthly return is +0.43%. At this rate, an investment would double in approximately 13.5 years.
Historically, 63% of months were positive and 37% were negative. The best month was Nov 2023 with a return of +5.8%, while the worst month was Mar 2020 at -11.5%. The longest winning streak lasted 11 consecutive months, and the longest losing streak was 6 months.
On a daily basis, NWQIX closed higher 53% of trading days. The best single day was Aug 9, 2011 with a return of +4.8%, while the worst single day was Aug 8, 2011 at -7.3%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 1.54% | 1.13% | -1.82% | 2.83% | 1.27% | 0.69% | 5.71% | ||||||
| 2025 | 0.91% | 0.87% | -0.80% | -0.51% | 1.87% | 2.27% | 0.86% | 1.38% | 2.20% | 0.58% | 0.79% | 0.79% | 11.74% |
| 2024 | 0.25% | -0.15% | 1.68% | -1.76% | 1.92% | 0.60% | 1.51% | 1.12% | 1.80% | -1.14% | 1.86% | -1.72% | 6.03% |
| 2023 | 4.67% | -2.30% | -0.18% | 0.64% | -0.70% | 1.76% | 1.19% | -0.62% | -1.48% | -1.41% | 5.78% | 4.05% | 11.61% |
| 2022 | -3.15% | -1.93% | -0.70% | -4.06% | -0.09% | -6.76% | 5.67% | -1.63% | -5.42% | 2.09% | 3.51% | -1.36% | -13.64% |
| 2021 | -0.36% | -0.89% | 0.75% | 1.51% | 0.55% | 1.18% | 0.86% | 0.54% | -0.96% | 0.54% | -1.06% | 2.24% | 4.94% |
Benchmark Metrics
Nuveen Flexible Income Fund has an annualized alpha of 1.95%, beta of 0.25, and R2 of 0.42 versus S&P 500 Index. Calculated based on daily prices since January 04, 2010.
- This fund participated in 38.02% of S&P 500 Index downside but only 32.96% of its upside - more exposed to losses than it benefited from rallies.
- Beta of 0.25 may look defensive, but with R2 of 0.42 this fund is largely uncorrelated with S&P 500 Index - low beta reflects independence, not downside protection. See the Volatility section for a true picture of this fund's risk.
- R2 of 0.42 means the benchmark explains less than half of this fund's behavior - treat beta with caution or consider switching to a more representative benchmark.
- Alpha
- 1.95%
- Beta
- 0.25
- R²
- 0.42
- Upside Capture
- 32.96%
- Downside Capture
- 38.02%
Expense Ratio
NWQIX has an expense ratio of 0.70%, placing it in the medium range.
Return for Risk
Risk / Return Rank
NWQIX ranks 97 for risk / return — in the top 97% 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 Flexible Income Fund (NWQIX) 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.
| NWQIX | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.72 | ||
| Sortino ratioReturn per unit of downside risk | +3.22 | ||
| Omega ratioGain probability vs. loss probability | 1.84 | 1.37 | +0.47 |
| Calmar ratioReturn relative to maximum drawdown | 5.06 | 2.78 | +2.28 |
| Martin ratioReturn relative to average drawdown | 23.89 | 12.44 | +11.46 |
Dividends
Dividend History
Nuveen Flexible Income Fund provided a 5.49% dividend yield over the last twelve months, with an annual payout of $1.12 per share.
| Period | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $1.12 | $1.20 | $0.98 | $1.46 | $1.27 | $0.98 | $1.08 | $1.27 | $1.24 | $1.25 | $1.18 | $1.17 |
Dividend yield | 5.49% | 6.09% | 5.20% | 7.84% | 7.02% | 4.39% | 4.82% | 5.71% | 6.23% | 5.67% | 5.52% | 5.70% |
Monthly Dividends
The table displays the monthly dividend distributions for Nuveen Flexible 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | $0.08 | $0.08 | $0.08 | $0.08 | $0.08 | $0.00 | $0.42 | ||||||
| 2025 | $0.08 | $0.08 | $0.17 | $0.08 | $0.08 | $0.08 | $0.08 | $0.08 | $0.08 | $0.08 | $0.08 | $0.20 | $1.20 |
| 2024 | $0.09 | $0.08 | $0.08 | $0.08 | $0.08 | $0.08 | $0.08 | $0.08 | $0.08 | $0.08 | $0.08 | $0.08 | $0.98 |
| 2023 | $0.09 | $0.09 | $0.09 | $0.09 | $0.17 | $0.09 | $0.09 | $0.09 | $0.17 | $0.17 | $0.17 | $0.17 | $1.46 |
| 2022 | $0.08 | $0.08 | $0.06 | $0.16 | $0.08 | $0.00 | $0.08 | $0.16 | $0.08 | $0.08 | $0.09 | $0.31 | $1.27 |
| 2021 | $0.00 | $0.08 | $0.16 | $0.08 | $0.08 | $0.08 | $0.08 | $0.08 | $0.08 | $0.00 | $0.16 | $0.08 | $0.98 |
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 Flexible 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 Flexible Income Fund was 23.89%, occurring on Mar 23, 2020. Recovery took 159 trading sessions.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
COVID crash2020 | -23.89%Mar 2020 | 1mo 3d | 7mo 17d | 8mo 20dFeb 2020 - Nov 2020 |
Bear market2022 | -17.75%Oct 2022 | 9mo 20d | 1y 8mo | 2y 6moJan 2022 - Jul 2024 |
2011 correction2011 | -13.10%Aug 2011 | 9mo 3d | 1y 4mo | 2y 1moNov 2010 - Jan 2013 |
2016 pullback2016 | -9.49%Feb 2016 | 8mo 14d | 2mo 16d | 11moJun 2015 - Apr 2016 |
2013 pullback2013 | -8.52%Aug 2013 | 3mo 8d | 6mo 19d | 9mo 27dMay 2013 - Mar 2014 |
Drawdown Indicators
| NWQIX | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -23.89% | -56.78% | +32.89% |
Max Drawdown (1Y)Largest decline over 1 year | -2.94% | -9.10% | +6.16% |
Max Drawdown (3Y)Largest decline over 3 years | -4.59% | -18.90% | +14.31% |
Max Drawdown (5Y)Largest decline over 5 years | -17.75% | -25.43% | +7.68% |
Max Drawdown (10Y)Largest decline over 10 years | -23.89% | -33.92% | +10.03% |
Current DrawdownCurrent decline from peak | 0.00% | -1.80% | +1.80% |
Average DrawdownAverage peak-to-trough decline | -3.00% | -10.71% | +7.71% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.62% | 2.03% | -1.41% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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