Morningstar Ratings

  

These Funds have received Morningstar’s Overall rating of four or five stars as of the period specified.

As of Date: 6/30/2025

Rating # of Funds
in Category
SymbolFund NameShare ClassMorningstar CategoryOverall Rating3 Yr5 Yr10 Yr3 Yr5 Yr10 Yr
FAARX All-American Municipal Bond I Muni National Long 434165157115
FAAWX All-American Municipal Bond R6 Muni National Long 534165157115
NMARX Arizona Municipal Bond I Muni Single State Long 334164164116
NCSPX California Municipal Bond I Muni California Long 4341009877
FCOTX Colorado Municipal Bond A Muni Single State Long 334164164116
FCORX Colorado Municipal Bond I Muni Single State Long 435164164116
FCTRX Connecticut Municipal Bond I Muni Single State Long 434164164116
FJSYX Credit Income I High Yield Bond 543589547429
NELAX Equity Long/Short A Long-Short Equity 444827749
NELCX Equity Long/Short C Long-Short Equity 443827749
NELIX Equity Long/Short I Long-Short Equity 444827749
NWQAX Flexible Income A Multisector Bond 334350303207
NWQIX Flexible Income I Multisector Bond 334350303207
NFRAX Floating Rate Income A Bank Loan 344215204174
NFRIX Floating Rate Income I Bank Loan 455215204174
NFRFX Floating Rate Income R6 Bank Loan 455215204174
NQGAX Global Equity Income A Global Large-Stock Value 443147134114
NQGIX Global Equity Income I Global Large-Stock Value 443147134114
FGIAX Global Infrastructure A Infrastructure 444797547
FGIYX Global Infrastructure I Infrastructure 444797547
FGIWX Global Infrastructure R6 Infrastructure 444797547
NGJFX Global Real Estate Securities R6 Global Real Estate 34--148144118
NCOIX High Yield Income I High Yield Bond 443589547429
NCSRX High Yield Income R6 High Yield Bond 443589547429
NHMAX High Yield Municipal Bond A High Yield Muni 335179173127
NHMRX High Yield Municipal Bond I High Yield Muni 345179173127
NHMFX High Yield Municipal Bond R6 High Yield Muni 345179173127
NMBAX Intermediate Duration Municipal Bond A Muni National Interm 334266245180
NUVBX Intermediate Duration Municipal Bond I Muni National Interm 344266245180
FKSTX Kansas Municipal Bond A Muni Single State Long 344164164116
FRKSX Kansas Municipal Bond I Muni Single State Long 354164164116
NQCRX Large Cap Value Opportunities I Large Value 55210881023821
FLTRX Limited Term Municipal Bond I Muni National Short 334215198155
FTLAX Louisiana Municipal Bond A Muni Single State Long 344164164116
FTLRX Louisiana Municipal Bond I Muni Single State Long 455164164116
NMDAX Maryland Municipal Bond A Muni Single State Long 444164164116
NMMDX Maryland Municipal Bond I Muni Single State Long 545164164116
NBMAX Massachusetts Municipal Bond I Muni Massachusetts 335383729
FSEIX Mid Cap Value Opportunities I Mid-Cap Value 334383358283
FAMAX Minnesota Intermediate Municipal Bond A Muni Minnesota 543373630
FAMTX Minnesota Intermediate Municipal Bond I Muni Minnesota 555373630
FJMNX Minnesota Municipal Bond A Muni Minnesota 434373630
FYMNX Minnesota Municipal Bond I Muni Minnesota 545373630
FMOTX Missouri Municipal Bond A Muni Single State Long 445164164116
FMMRX Missouri Municipal Bond I Muni Single State Long 555164164116
NQVAX Multi Cap Value A Mid-Cap Value 554383358283
NQVCX Multi Cap Value C Mid-Cap Value 554383358283
NQVRX Multi Cap Value I Mid-Cap Value 555383358283
NMNJX New Jersey Municipal Bond I Muni New Jersey 334444436
FNMRX New Mexico Municipal Bond I Muni Single State Long 344164164116
NNYAX New York Municipal Bond A Muni New York Long 334797661
NTNYX New York Municipal Bond I Muni New York Long 444797661
FOTAX Oregon Intermediate Municipal Bond A Muni Single State Interm 44310510592
FORCX Oregon Intermediate Municipal Bond I Muni Single State Interm 54410510592
NBPAX Pennsylvania Municipal Bond I Muni Pennsylvania 334474738
NPSAX Preferred Securities and Income A Preferred Stock 344665938
NPSRX Preferred Securities and Income I Preferred Stock 444665938
NPSFX Preferred Securities and Income R6 Preferred Stock 444665938
NVHAX Short Duration High Yield Municipal Bond A High Yield Muni 554179173127
NVHIX Short Duration High Yield Municipal Bond I High Yield Muni 554179173127
FRMPX Small Cap Growth Opportunities A Small Growth 434527512400
FIMPX Small Cap Growth Opportunities I Small Growth 434527512400
FMPFX Small Cap Growth Opportunities R6 Small Growth 444527512400
ARSTX Small Cap Select I Small Blend 434575554398
NSCAX Small Cap Value Opportunities A Small Blend 553575554398
NSCCX Small Cap Value Opportunities C Small Blend 552575554398
NSCRX Small Cap Value Opportunities I Small Blend 553575554398
NSCFX Small Cap Value Opportunities R6 Small Blend 554575554398
NSMAX Small/Mid Cap Value A Small Blend 554575554398
NSMCX Small/Mid Cap Value C Small Blend 554575554398
NSMRX Small/Mid Cap Value I Small Blend 554575554398
NWQFX Small/Mid Cap Value R6 Small Blend 554575554398
FSFRX Strategic Income R6 Multisector Bond 334350303207
NSIOX Strategic Municipal Opportunities I High Yield Muni 334179173127
NMVAX Virginia Municipal Bond I Muni Single State Long 544164164116
NWCAX Winslow Large-Cap Growth ESG A Large Growth 4341033954754
NVLIX Winslow Large-Cap Growth ESG I Large Growth 4341033954754
NWCFX Winslow Large-Cap Growth ESG R6 Large Growth 4341033954754
FWIAX Wisconsin Municipal Bond A Muni Single State Long 455164164116
FWIRX Wisconsin Municipal Bond I Muni Single State Long 555164164116

Morningstar ratings may vary among share classes and are based on historical risk-adjusted total returns, which are not indicative of future results. Some funds may have experienced negative returns over the time periods rated.

Class A share star ratings do not include the effect of sales charges which would lower performance. Ratings are for the share class cited only; other share classes have different performance and different Morningstar RatingsTM. Investment performance reflects applicable fee waivers. Without such waivers, total returns would be reduced and ratings could be lower.

The Morningstar RatingTM for funds, or "star rating", is calculated for managed products (including mutual funds, variable annuity and variable life subaccounts, exchange-traded funds, closed-end funds, and separate accounts) with at least a three-year history. Exchange-traded funds and open-ended mutual funds are considered a single population for comparative purposes. It is calculated based on a Morningstar Risk-Adjusted Return measure that accounts for variation in a managed product's monthly excess performance, placing more emphasis on downward variations and rewarding consistent performance. The top 10% of products in each product category receive 5 stars, the next 22.5% receive 4 stars, the next 35% receive 3 stars, the next 22.5% receive 2 stars, and the bottom 10% receive 1 star. The Overall Morningstar Rating for a managed product is derived from a weighted average of the performance figures associated with its three-, five-, and 10-year (if applicable) Morningstar Rating metrics. The weights are: 100% three-year rating for 36-59 months of total returns, 60% five-year rating/40% three-year rating for 60-119 months of total returns, and 50% 10-year rating/30% five-year rating/20% three-year rating for 120 or more months of total returns. While the 10-year overall star rating formula seems to give the most weight to the 10-year period, the most recent three-year period actually has the greatest impact because it is included in all three rating periods. ©2016 Morningstar, Inc. All Rights Reserved. The information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete, or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information.

21060-INV-AN-11/17