Nuveen Symphony Risk Adjusted Performance

NFRIX Fund  USD 18.26  0.12  0.66%   
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Nuveen Symphony Floating has current Risk Adjusted Performance of 0.1539.

RAP

 = 

(ER[a] - RFR) * STD[b])/STD[b]

RFR

 = 
0.1539
ER[a] = Expected return on investing in Nuveen Symphony
RFR = Risk Free Rate of return. Typically T-Bill Rate
STD[b] =   Standard Deviation of selected market or benchmark.

Nuveen Symphony Risk Adjusted Performance Peers Comparison

Nuveen Risk Adjusted Performance Relative To Other Indicators

Nuveen Symphony Floating is regarded second largest fund in risk adjusted performance among similar funds. It is currently under evaluation in maximum drawdown among similar funds reporting about  5.51  of Maximum Drawdown per Risk Adjusted Performance. The ratio of Maximum Drawdown to Risk Adjusted Performance for Nuveen Symphony Floating is roughly  5.51 
Compare Nuveen Symphony to Peers

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