Nuveen Real Estate Securities Fund Class R3
FRSSX
NASDAQ- -
USD
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- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
FRC
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- Sector
- Real Estate
- Industry
- Real Estate - General
- Address
- 333 West Wacker Dr. Chicago IL United States of America 60606
- IPO Date
- Sep 24, 2001
- CIK
- 0000820892
- Similar Companies
- Business
- Nuveen Real Estate Securities Fund Class R3 (FRSSX) is an open-end mutual fund that seeks above average current income and a secondary objective of long-term capital appreciation by investing primarily in income-producing equities of real estate companies, with at least 80% of its net assets plus the amount of any borrowings for investment purposes allocated to equity securities of U.S. real estate investment trusts (REITs), real estate operating companies, and other real estate-related issuers; the portfolio emphasizes listed U.S. commercial real estate across diversified geographies and sectors including office, retail, residential, industrial, and healthcare properties. Shares of the fund are available through various broker-dealers and retirement plans, with daily pricing and a net expense ratio applicable to the R3 class; the fund maintains a market cap blend style targeting mid-cap investments in the real estate sector. Launched on September 24, 2001, FRSSX operates as part of the Nuveen fund family, managed by Nuveen Fund Advisors, LLC, a subsidiary of Nuveen, LLC, which traces its origins to 1898 and maintains global headquarters in Chicago, Illinois. The fund is managed by a team led by Scott Sedlak (since March 2011), Sarah Wade (since June 2017), and Benjamin Kerl (since April 2021), focusing on U.S.-centric holdings with approximately 98.5% exposure to real estate sector equities, minimal cash and non-U.S. allocations, and top regional concentration in the United States. It serves institutional and retail investors seeking real estate exposure without direct property ownership, including retirement accounts, with minimum initial investments varying by platform. In recent developments, Nuveen Real Estate, the broader platform overseeing related strategies, achieved a final close of $650 million for its U.S. Strategic Debt Fund in December 2025, exceeding its $500 million target with a $150 million anchor commitment from TIAA's General Account and deployments across 19 multifamily and industrial loans totaling $1.3 billion; this closed-end fund complements equity-focused offerings like FRSSX by targeting transitional commercial real estate debt opportunities. Additional 2025 activities include raising $785 million for the third C-PACE Lending Fund in July to finance sustainable real estate improvements and acquiring a majority interest in Ally Energy Solutions via Nuveen Private Equity Impact in September to expand climate-focused energy services. Nuveen also appointed new leadership in global real estate and European transactions teams earlier in the year, enhancing its $139 billion real estate AUM platform amid ongoing portfolio diversification and sustainability initiatives.