Nuveen Large Cap Select Fund (FLRYX)
Nuveen Large Cap Select Fund operates in the Asset Management industry of the Financial Services sector, headquartered in Chicago, IL, US. The stock last traded at $48.02, up 0.63% on the session, giving a market capitalisation of $49.6M. Its beta of 1.03 implies it has historically moved more than the broad market.
Under typical market conditions, this fund primarily deploys its capital – comprising at least 80% of its net assets combined with any investment-related borrowings – into the equity securities of major corporations. These are defined as large-capitalization companies with a market value of $5 billion or more. Additionally, the fund has the flexibility to allocate up to 15% of its overall assets to international equities from non-U.S. issuers, provided they are not denominated in U.S. dollars.
Nuveen Large Cap Select Fund is most often compared with the following Financial Services names: