Nuveen Core Plus Bond Fund Premier Class is a mutual fund focused on generating total return through current income, primarily by investing in a diversified portfolio of bonds. As part of the intermediate-term core-plus bond category, this fund commits at least 80% of its assets to bonds, with a strong emphasis on investment-grade U.S. fixed-income securities such as government, corporate, and securitized debt. Uniquely, the fund also has the flexibility to allocate up to 30% of its holdings to higher-yield, non-benchmark securities, which can include high-yield corporate bonds, emerging-market debt, and non-U.S. currency exposures. This approach aims to enhance risk-adjusted returns and benefit from diverse market opportunities. The strategy is implemented by an experienced management team using a combination of top-down macroeconomic views and bottom-up security selection. The fund is notable for its broad diversification and for maintaining a relatively modest concentration in its top holdings, helping to manage risk while seeking consistent income and capital appreciation. Nuveen Core Plus Bond Fund Premier Class plays a significant role in fixed-income portfolios, serving both as a core bond holding and a source of income for investors seeking broad exposure to the U.S. bond market with some flexibility for additional yield.
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