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Nuveen Mid Cap Growth Opportunities Fund
mutual fund
FRSLX
Payout Change
Suspended
Price as of:
$26.93
+0.29
+1.09%
primary theme
U.S. Mid-Cap Growth Equity
share class
FRSLX (Mutual Fund)
Nuveen Mid Cap Growth Opportunities Fund
Payout Change
Suspended
Price as of:
$26.93
+0.29
+1.09%
primary theme
U.S. Mid-Cap Growth Equity
share class
FRSLX (Mutual Fund)
Nuveen Mid Cap Growth Opportunities Fund
Payout Change
Suspended
Price as of:
$26.93
+0.29
+1.09%
primary theme
U.S. Mid-Cap Growth Equity
share class
Name
As of 12/20/2024Price
Aum/Mkt Cap
YIELD
Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.
Exp Ratio
Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.
Watchlist
Vitals
YTD Return
16.0%
1 yr return
16.3%
3 Yr Avg Return
-0.5%
5 Yr Avg Return
8.0%
Net Assets
$181 M
Holdings in Top 10
25.0%
52 WEEK LOW AND HIGH
$26.6
N/A
N/A
Expenses
OPERATING FEES
Expense Ratio 1.25%
SALES FEES
Front Load 5.75%
Deferred Load N/A
TRADING FEES
Turnover 89.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$3,000
IRA
$2,500
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 12/20/2024Price
Aum/Mkt Cap
YIELD
Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.
Exp Ratio
Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.
Watchlist
FRSLX - Profile
Distributions
- YTD Total Return 16.0%
- 3 Yr Annualized Total Return -0.5%
- 5 Yr Annualized Total Return 8.0%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio -0.84%
- Dividend Yield 0.0%
- Dividend Distribution Frequency None
Fund Details
-
Legal NameNuveen Mid Cap Growth Opportunities Fund
-
Fund Family NameNuveen Funds
-
Inception DateJan 09, 1995
-
Shares OutstandingN/A
-
Share ClassA
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerGregory Ryan
Fund Description
Under normal market conditions, the Fund invests at least 80% of the sum of its net assets and the amount of any borrowings for investment purposes in common stocks of mid-capitalization companies. Mid-capitalization companies are defined as companies that have market capitalizations within the market capitalization range of the companies in the Russell Midcap® Index on the last business day of the month in which its most recent reconstitution was completed. Reconstitution of the index currently is completed in June of each year. On June 30, 2023, the range of the index was $521 million to $51.4 billion.
In selecting stocks, the Fund’s sub-adviser invests in companies that it believes exhibit the potential for superior growth based on factors such as above-average growth in revenue and earnings, strong competitive position, strong management, and sound financial condition. The Fund’s sub-adviser will generally sell a stock if the stock hits its price target, the company’s fundamentals or competitive position significantly deteriorate, or if a better alternative exists in the marketplace.
The Fund may invest up to 15% of its total assets in non-dollar denominated equity securities of non-U.S. issuers. In addition, the Fund may invest up to 25% of its assets, collectively, in non-dollar denominated equity securities of non-U.S. issuers and in dollar-denominated equity securities of non-U.S. issuers that are either listed on a U.S. stock exchange or represented by depositary receipts that may or may not be sponsored by a domestic bank. Up to 15% of the Fund’s total assets may be invested in equity securities of emerging market issuers.
The Fund may utilize options, futures contracts, options on futures contracts, and forward foreign currency exchange contracts (“derivatives”). The Fund may use these derivatives to manage market or business risk, enhance the Fund’s return, or hedge against adverse movements in currency exchange rates.
FRSLX - Performance
Return Ranking - Trailing
| Period | FRSLX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 16.0% | -2.0% | 90.1% | 53.98% |
| 1 Yr | 16.3% | -2.3% | 86.3% | 68.54% |
| 3 Yr | -0.5%* | -14.9% | 58.0% | 70.78% |
| 5 Yr | 8.0%* | -2.9% | 101.0% | 73.49% |
| 10 Yr | 8.3%* | 2.3% | 24.4% | 88.74% |
* Annualized
Return Ranking - Calendar
| Period | FRSLX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 19.9% | -27.7% | 68.0% | 47.28% |
| 2022 | -30.3% | -85.6% | 52.8% | 46.97% |
| 2021 | -24.0% | -74.9% | 238.3% | 89.92% |
| 2020 | 27.9% | -44.1% | 2474.5% | 48.13% |
| 2019 | 6.0% | -50.2% | 44.0% | 95.05% |
Total Return Ranking - Trailing
| Period | FRSLX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 16.0% | -2.0% | 90.1% | 53.98% |
| 1 Yr | 16.3% | -2.3% | 86.3% | 68.54% |
| 3 Yr | -0.5%* | -14.9% | 58.0% | 70.78% |
| 5 Yr | 8.0%* | -2.9% | 101.0% | 73.49% |
| 10 Yr | 8.3%* | 2.3% | 24.4% | 88.74% |
* Annualized
Total Return Ranking - Calendar
| Period | FRSLX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 19.9% | -26.1% | 68.0% | 56.03% |
| 2022 | -30.3% | -67.0% | 56.8% | 62.82% |
| 2021 | 4.3% | -23.5% | 342.2% | 86.90% |
| 2020 | 46.0% | 2.6% | 2549.1% | 27.71% |
| 2019 | 33.4% | 14.6% | 44.8% | 52.90% |
NAV & Total Return History
FRSLX - Holdings
Concentration Analysis
| FRSLX | Category Low | Category High | FRSLX % Rank | |
|---|---|---|---|---|
| Net Assets | 181 M | 2.73 M | 100 B | 81.98% |
| Number of Holdings | 68 | 24 | 3569 | 65.70% |
| Net Assets in Top 10 | 45.8 M | 635 K | 11.3 B | 83.53% |
| Weighting of Top 10 | 25.03% | 4.5% | 97.8% | 51.74% |
Top 10 Holdings
- Monolithic Power Systems Inc 2.88%
- Ameriprise Financial Inc 2.80%
- Burlington Stores Inc 2.72%
- Verisk Analytics Inc 2.59%
- Trade Desk Inc/The 2.54%
- Datadog Inc 2.43%
- Veeva Systems Inc 2.31%
- Tyler Technologies Inc 2.30%
- PTC Inc 2.27%
- MSCI Inc 2.21%
Asset Allocation
| Weighting | Return Low | Return High | FRSLX % Rank | |
|---|---|---|---|---|
| Stocks | 98.86% | 58.72% | 103.99% | 39.92% |
| Cash | 1.84% | 0.00% | 28.07% | 45.35% |
| Other | 1.26% | -0.11% | 14.45% | 12.40% |
| Preferred Stocks | 0.00% | 0.00% | 6.15% | 73.84% |
| Convertible Bonds | 0.00% | 0.00% | 0.40% | 70.93% |
| Bonds | 0.00% | 0.00% | 2.73% | 73.64% |
Stock Sector Breakdown
| Weighting | Return Low | Return High | FRSLX % Rank | |
|---|---|---|---|---|
| Technology | 33.38% | 0.04% | 62.17% | 37.21% |
| Healthcare | 17.93% | 0.00% | 37.06% | 47.87% |
| Industrials | 17.55% | 0.00% | 38.23% | 25.97% |
| Consumer Cyclical | 14.74% | 0.00% | 57.41% | 44.57% |
| Financial Services | 4.39% | 0.00% | 43.01% | 72.48% |
| Energy | 3.84% | 0.00% | 62.10% | 23.64% |
| Consumer Defense | 3.66% | 0.00% | 16.40% | 23.84% |
| Communication Services | 3.03% | 0.00% | 18.33% | 48.26% |
| Basic Materials | 1.48% | 0.00% | 17.25% | 63.57% |
| Utilities | 0.00% | 0.00% | 12.94% | 76.16% |
| Real Estate | 0.00% | 0.00% | 19.28% | 93.22% |
Stock Geographic Breakdown
| Weighting | Return Low | Return High | FRSLX % Rank | |
|---|---|---|---|---|
| US | 98.86% | 46.79% | 103.99% | 33.53% |
| Non US | 0.00% | 0.00% | 34.12% | 78.29% |
FRSLX - Expenses
Operational Fees
| FRSLX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 1.25% | 0.02% | 17.54% | 34.69% |
| Management Fee | 0.80% | 0.00% | 1.50% | 74.56% |
| 12b-1 Fee | 0.25% | 0.00% | 1.00% | 54.42% |
| Administrative Fee | N/A | 0.00% | 0.40% | N/A |
Sales Fees
| FRSLX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Front Load | 5.75% | 3.00% | 5.75% | 33.33% |
| Deferred Load | N/A | 1.00% | 5.00% | N/A |
Trading Fees
| FRSLX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Max Redemption Fee | N/A | 1.00% | 2.00% | N/A |
Related Fees
Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.
| FRSLX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | 89.00% | 0.00% | 250.31% | 86.24% |
FRSLX - Distributions
Dividend Yield Analysis
| FRSLX | Category Low | Category High | FRSLX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 0.00% | 0.00% | 33.43% | 78.68% |
Dividend Distribution Analysis
| FRSLX | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | None | Annual | Annual | Annual |
Net Income Ratio Analysis
| FRSLX | Category Low | Category High | FRSLX % Rank | |
|---|---|---|---|---|
| Net Income Ratio | -0.84% | -2.24% | 2.75% | 71.65% |
Capital Gain Distribution Analysis
| FRSLX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Distributions History
| Date | Amount | Type |
|---|---|---|
| Dec 15, 2021 | $10.161 | OrdinaryDividend |
| Dec 15, 2020 | $5.033 | OrdinaryDividend |
| Dec 16, 2019 | $7.341 | CapitalGainLongTerm |
| Dec 17, 2018 | $1.014 | CapitalGainShortTerm |
| Dec 17, 2018 | $5.481 | CapitalGainLongTerm |
| Dec 15, 2017 | $1.502 | CapitalGainShortTerm |
| Dec 15, 2017 | $6.117 | CapitalGainLongTerm |
| Dec 15, 2016 | $1.674 | CapitalGainLongTerm |
| Dec 15, 2015 | $3.341 | CapitalGainLongTerm |
| Dec 15, 2014 | $1.555 | CapitalGainShortTerm |
| Dec 15, 2014 | $6.611 | CapitalGainLongTerm |
| Dec 13, 2013 | $0.680 | CapitalGainShortTerm |
| Dec 13, 2013 | $8.468 | CapitalGainLongTerm |
| Dec 14, 2012 | $3.147 | CapitalGainLongTerm |
| Dec 15, 2011 | $1.586 | CapitalGainLongTerm |
| Dec 20, 2007 | $0.685 | CapitalGainShortTerm |
| Dec 20, 2007 | $3.989 | CapitalGainLongTerm |
| Dec 20, 2006 | $3.807 | CapitalGainLongTerm |
| Dec 15, 2005 | $1.435 | CapitalGainShortTerm |
| Dec 15, 2005 | $2.839 | CapitalGainLongTerm |
| Dec 14, 2004 | $2.465 | CapitalGainShortTerm |
| Dec 14, 2004 | $3.583 | CapitalGainLongTerm |
| Nov 21, 2003 | $0.512 | CapitalGainShortTerm |
| Nov 21, 2003 | $0.558 | CapitalGainLongTerm |
FRSLX - Fund Manager Analysis
Managers
Gregory Ryan
Start Date
Tenure
Tenure Rank
Mar 19, 2019
3.2
3.2%
GREGORY J. RYAN, CFA Greg is portfolio manager of the Small Cap Select Strategy and related separate account strategies. He joined the Small Cap Select Team in 2013. In addition, he is a senior research analyst for the Small Cap Growth Opportunities Team, specializing in the industrials sector. Greg began working in the financial industry in 1998. Prior to joining the firm in 2007, he was a small-cap equity analyst for industrials, financials, and healthcare for Gabelli Woodland Partners. Greg has also worked as a financial analyst manager with U.S. Bank and as a securities specialist/financial analyst with Fiduciary Counseling. Greg received a B.S. in finance from Winona State University and an M.B.A. in finance from the University of St. Thomas. He holds the Chartered Financial Analyst designation and is a member of the CFA Institute and the CFA Society of Minnesota.
Bihag Patel
Start Date
Tenure
Tenure Rank
Feb 28, 2020
2.25
2.3%
Bihag is a portfolio manager of Nuveen's Mid Cap Growth Opportunities strategy. In addition, he is a senior equity research analyst for Nuveen’s mid-and large-cap research team, specializing in the healthcare sector. Prior to joining the firm in 2014, Bihag was a senior portfolio manager for a small-cap growth strategy at Fort Washington Investment Advisors in Columbus, Ohio, focused on the healthcare sector. He was also a portfolio manager and senior equity analyst at Banc One Investment Advisors, where he followed the biotechnology and pharmaceutical industries. Before his career in the investment industry, he held several healthcare-related consultant roles at Ernst & Young and Aurora Health Care. He started his career in research and test development at Manpower Inc. He began working in the investment industry in 1998. Bihag graduated with a B.A. in Mathematics from the University of Minnesota. He holds the CFA designation and is a member of the CFA Institute.GBI-1100265PR-E0320P
Tenure Analysis
| Category Low | Category High | Category Average | Category Mode |
|---|---|---|---|
| 0.04 | 36.3 | 9.42 | 11.76 |
