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Just stumbled on some solid Nuveen funds that might actually be worth looking at if you're searching for the best mutual fund to invest in right now. So Nuveen's this old-school investment company from Chicago, been around since like 1898, and they manage a ton of assets across different strategies.
They've got three funds that are supposedly top-ranked - one is their Large Cap Growth fund (TILWX) that's been returning 26% annualized over three years. Pretty wild. They're heavy into tech, like 13% in NVIDIA alone as of last October. Then there's their small cap equity fund (TSCWX) with 16.2% returns and a 0.41% expense ratio, which isn't bad. And a third one (NSCAX) focused on small cap value that's doing 14.2% annually.
Obviously past performance doesn't guarantee anything, but if you're trying to find the best mutual fund to invest in, these are apparently ranked high by Zacks. The small cap value fund has been managed by the same guy since 2016, which is kind of reassuring. Nuveen does a mix of equity, bonds, alternatives - pretty diversified approach.
I'm not saying go all-in or anything, but worth checking out if you're looking for the best mutual fund to invest in. The returns are solid at least on paper. Anyone here actually holding any of these?