Description

The Nuveen Flexible Income Fund allocates a minimum of 80% of its net assets to investments designed to generate income. A substantial portion of these holdings, at least 65% of its net assets, is specifically directed towards debt instruments and preferred shares. There are no limitations on the fund's ability to invest in lower-rated, speculative securities, commonly referred to as "high yield" or "junk" bonds. Additionally, the fund may invest up to half of its net assets in dollar-denominated securities issued by companies based outside the U.S.