Nuveen Large Cap Core Fund Class I
NLCIX
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
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management
- Address
- John Nuveen & Co Inc Chicago IL United States of America 60606
- IPO Date
- Jun 26, 2013
- CIK
- 0001013881
- Similar Companies
- Business
- Nuveen Large Cap Core Fund Class I (NLCIX) is an open-end mutual fund within Nuveen Investment Trust that seeks long-term capital appreciation by investing primarily in equity securities of large-capitalization U.S. companies. Under normal market conditions, the fund invests at least 80% of the sum of its net assets and any borrowings for investment purposes in such large-cap equities, employing a blend strategy that combines growth and value characteristics through rigorous fundamental research complemented by quantitative analysis. The portfolio targets companies with compelling business fundamentals, attractive valuations, and potential catalysts, with active monitoring to ensure ongoing alignment with the investment thesis; it maintains a diversified large blend profile with net assets of approximately $469 million, a yield of 0.84%, and exposure predominantly to U.S. stocks across sectors like technology and consumer goods. The fund offers Class I shares designed for institutional investors with a minimum initial investment typically aligned with advisor platforms, featuring a competitive expense structure within the large blend category. Its investment process integrates bottom-up stock selection with risk/reward assessments to construct a portfolio within defined parameters, focusing on high-conviction ideas from fundamental and quantitative disciplines. Geographic operations are centered in the United States, with primary holdings in domestic large-cap names. Nuveen Investment Trust, the series under which NLCIX operates, traces its roots to Nuveen, founded in 1898 and headquartered in Chicago, Illinois, as part of the broader Nuveen organization managed by TIAA with major offices also in New York and Charlotte. In 2024, Nuveen underwent significant naming transitions as former TIAA-CREF funds, including those in the large-cap suite, were rebranded to Nuveen effective May 1, alongside updates to certain benchmarks, investment objectives, and policy statements for select peers without altering portfolio management teams or triggering mergers. These changes reflect ongoing strategic refinements amid Nuveen's expansion to over $1.4 trillion in assets under management as of mid-2025, with operations in 32 countries, though NLCIX remains focused on U.S. large-cap equities.