Nuveen Investments, a leading global provider of investment services to institutions and high-net-worth investors, today announced its Nuveen Symphony Large-Cap Growth Fund (Class A-Load-Waived shares) received a 4-Star Overall Morningstar Rating™ as of December 31, 2009. The fund, which recognized its three-year anniversary on December 15, is currently available through advisors at leading broker-dealers, banks, insurance companies, financial planning and investment consulting firms.
The Nuveen Symphony Large-Cap Growth Fund was rated among U.S. Open-End Large Growth funds. With respect to these 1,548 funds, the Nuveen Symphony Large-Cap Growth Fund (A-LW) received a Morningstar Rating of four stars for the three-year period ended December 31, 2009. Morningstar ratings are based on historical risk-adjusted returns which are not indicative of future results.
The Nuveen Symphony Large-Cap Growth Fund is a portfolio of large capitalization growth stocks for investors seeking long-term capital appreciation. For more information about the Nuveen Symphony Large-Cap Growth Fund visit http://www.nuveen.com/MutualFunds/Product/FundDetails.aspx?fundcode=SLCG.
Founded in 1994, Symphony is a diversified asset manager responsible for more than $8 billion in client assets. Symphony's mission is to provide premier investment management services through the delivery of consistent long-term returns, institutional-quality risk controls, and comprehensive operational and client service support
The Nuveen Investments family of mutual funds offers a variety of investing strategies managed with experience and discipline. Each mutual fund is designed to contribute to a well-constructed diversified portfolio. With more than $21 billion in 62 mutual funds, Nuveen Investments offers a broad range of fixed income, core, growth, value and global portfolios spanning a variety of objectives and investment styles. This fund is distributed by Nuveen Investments, LLC.
An investment in this fund is subject to market risk or the risk that stocks in the portfolio will decline in response to such factors as adverse company news or industry developments or a general economic decline. As with any mutual fund, possible loss of principal is also a risk.
Morningstar Rating™ is for the A-LW share class only; other classes have different performance characteristics and may have different Morningstar Ratings. Load-waived Class A share star ratings do not include any front-end sales load and are intended for those investors who have access to such purchase terms. Absent the waiver, total returns would be lower. As of December 31, 2009, Morningstar rated the Nuveen Symphony Large-Cap Growth Fund (Class A) 3 stars for the three-year period among 1,548 U.S. Open-End Large Growth funds. Past performance is no guarantee of future results. It is important to note that the fund experienced negative returns over the time period rated.
Investors should consider the investment objectives and policies, risk considerations, charges and expenses of the fund carefully before investing.For a prospectus which contains this and other information relevant to an investment in the fund, please contact your securities representative or Nuveen Investments, LLC, 333 W. Wacker Drive, Chicago, IL 60606.Investors should read the prospectus carefully before they invest or send money.
About the Morningstar Rating™:
For each fund with at least a three-year history, Morningstar calculates a Morningstar RatingTM based on a Risk-Adjusted Return measure that accounts for variation in a fund's monthly performance (including the effects of sales charges, loads and redemption fees), placing more emphasis on downward variations and rewarding consistent performance. Within each asset class, the top 10%, the next 22.5%, 35%, 22.5%, and the bottom 10% receive 5, 4, 3, 2, or 1 star, respectively. (Each share class is counted as a fraction of one fund within this scale and rated separately, which may cause slight variations in the distribution percentages.) Each fund is rated exclusively against U.S. domiciled funds. The Overall Morningstar Rating™ is based on the weighted average of the number of stars assigned to the fund's applicable time periods. In cases where the fund has changed investment categories, its historical information is given less weight. If the fund has been in existence at least 10 years, the 10-year rating accounts for 50%, the 5-year for 30%, and the 3-year for 20%. If the fund has been in existence at least 5 years, but less than 10 years, the 5-year rating accounts for 60% and the 3-year for 40%. If the fund has been in existence for 3 years, but less than 5 years, the 3-year rating accounts for 100%.
© 2009 Morningstar, Inc. All Rights Reserved. The information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information.
Nuveen Investments provides high quality investment services designed to help secure the long-term goals of institutions and high net worth investors as well as the consultants and financial advisors who serve them. Nuveen Investments markets its growing range of specialized investment solutions under the high-quality brands of HydePark, NWQ, Nuveen, Santa Barbara, Symphony, Tradewinds and Winslow Capital. In total, the Company managed $141 billion of assets on September 30, 2009. For more information, please visit the Nuveen Investments website at www.nuveen.com.
Contacts:
Nuveen Investments
Media Contact:
Kathleen Cardoza
312-917-7813
kathleen.cardoza@nuveen.com
or
Kristyna
Sujata
312-917-8343
kristyna.sujata@nuveen.com
