Nuveen High Yield Income Fund Class I
NCOIX
NASDAQ- -
USD
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Capital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management - Income
- Address
- 333 West Wacker Drive Chicago IL United States of America 60606
- IPO Date
- Apr 28, 2010
- CIK
- 0001071336
- Website
- nuveen.com
- Similar Companies
- Business
- Nuveen High Yield Income Fund Class I (NCOIX) is a mutual fund that seeks high current income with a secondary objective of total return through investments primarily in high-yield, lower-rated fixed-income securities. The fund invests substantially all of its assets in a diversified portfolio of high-yield debt securities, including corporate bonds rated below investment grade (BB+/Ba1 or equivalent or unrated), convertible securities, and preferred stocks; it may also allocate up to 20% to investment-grade securities, U.S. government securities, and cash equivalents for liquidity and risk management. Managed by Nuveen Fund Advisors, LLC, an affiliate of Nuveen, LLC, the fund employs a bottom-up investment process focusing on fundamental credit analysis, sector allocation, and duration management to navigate credit cycles and enhance yield while mitigating default risk. Nuveen High Yield Income Fund Class I, launched in 2007 and domiciled in the United States with administrative operations in Chicago, Illinois, primarily serves institutional and high-net-worth individual investors seeking income from non-investment-grade markets. The fund operates within the high yield bond segment of the fixed income industry, targeting domestic U.S. issuers across sectors such as energy, consumer discretionary, telecommunications, and healthcare; geographic exposure is predominantly U.S.-focused but may include opportunistic international high-yield securities. It is part of the broader Nuveen family of funds, backed by TIAA, with no significant subsidiaries but integrated into Nuveen's multi-strategy fixed income platform. Recent developments include portfolio repositioning in response to elevated interest rates and credit spreads as of late 2025, with increased emphasis on shorter-duration high-yield bonds to reduce rate sensitivity; the fund benefited from Nuveen's strategic acquisition of an enhanced credit research team in early 2025 to bolster high-yield analytics. In mid-2025, Nuveen announced a distribution increase for NCOIX shares amid improved high-yield market conditions, reflecting strong net asset value performance; no major mergers, name changes, or funding events occurred, though ongoing enhancements to ESG integration in security selection represent a key operational shift. These changes align with broader industry trends toward resilient income strategies in a post-rate hike environment.