Morningstar Ratings

  

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

As of Date: 8/31/2025

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 434165158115
NMARX Arizona Municipal Bond I Muni Single State Long 334164164116
NCSPX California Municipal Bond I Muni California Long 43410510481
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
FJSIX Credit Income A High Yield Bond 543588549441
FJSYX Credit Income I High Yield Bond 543588549441
NELAX Equity Long/Short A Long-Short Equity 444787551
NELCX Equity Long/Short C Long-Short Equity 443787551
NELIX Equity Long/Short I Long-Short Equity 444787551
NWQAX Flexible Income A Multisector Bond 334360315222
NWQIX Flexible Income I Multisector Bond 334360315222
NFRAX Floating Rate Income A Bank Loan 354210200169
NFRIX Floating Rate Income I Bank Loan 455210200169
NFRFX Floating Rate Income R6 Bank Loan 455210200169
NQGAX Global Equity Income A Global Large-Stock Value 443144136116
NQGIX Global Equity Income I Global Large-Stock Value 443144136116
FGIAX Global Infrastructure A Infrastructure 334797647
FGIYX Global Infrastructure I Infrastructure 444797647
FGIWX Global Infrastructure R6 Infrastructure 444797647
NCOIX High Yield Income I High Yield Bond 443588549441
NCSRX High Yield Income R6 High Yield Bond 444588549441
NHMAX High Yield Municipal Bond A High Yield Muni 245178172126
NHMRX High Yield Municipal Bond I High Yield Muni 245178172126
NUVBX Intermediate Duration Municipal Bond I Muni National Interm 344263242184
FKSTX Kansas Municipal Bond A Muni Single State Long 344164164116
FRKSX Kansas Municipal Bond I Muni Single State Long 354164164116
FLRYX Large Cap Select I Large Blend 44312521149891
NQCAX Large Cap Value Opportunities A Large Value 55210771018826
NQCCX Large Cap Value Opportunities C Large Value 55210771018826
NQCRX Large Cap Value Opportunities I Large Value 55210771018826
FTLAX Louisiana Municipal Bond A Muni Single State Long 344164164116
FTLRX Louisiana Municipal Bond I Muni Single State Long 355164164116
NMDAX Maryland Municipal Bond A Muni Single State Long 334164164116
NMMDX Maryland Municipal Bond I Muni Single State Long 545164164116
NBMAX Massachusetts Municipal Bond I Muni Massachusetts 335383729
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 554378355282
NQVCX Multi Cap Value C Mid-Cap Value 554378355282
NQVRX Multi Cap Value I Mid-Cap Value 555378355282
NMNJX New Jersey Municipal Bond I Muni New Jersey 334444436
FNMRX New Mexico Municipal Bond I Muni Single State Long 444164164116
NTNYX New York Municipal Bond I Muni New York Long 444797761
FOTAX Oregon Intermediate Municipal Bond A Muni Single State Interm 44310510592
FORCX Oregon Intermediate Municipal Bond I Muni Single State Interm 54410510592
NPSAX Preferred Securities and Income A Preferred Stock 444665838
NPSRX Preferred Securities and Income I Preferred Stock 444665838
NPSFX Preferred Securities and Income R6 Preferred Stock 444665838
NRIFX Real Asset Income R6 Global Moderately Conservative Allocation 252223216171
NVHAX Short Duration High Yield Municipal Bond A High Yield Muni 454178172126
NVHIX Short Duration High Yield Municipal Bond I High Yield Muni 555178172126
FRMPX Small Cap Growth Opportunities A Small Growth 434515500392
FIMPX Small Cap Growth Opportunities I Small Growth 444515500392
FMPFX Small Cap Growth Opportunities R6 Small Growth 544515500392
EMGRX Small Cap Select A Small Blend 434577556405
ARSTX Small Cap Select I Small Blend 434577556405
NSCAX Small Cap Value Opportunities A Small Blend 553577556405
NSCCX Small Cap Value Opportunities C Small Blend 553577556405
NSCRX Small Cap Value Opportunities I Small Blend 554577556405
NSCFX Small Cap Value Opportunities R6 Small Blend 554577556405
NSMAX Small/Mid Cap Value A Small Blend 554577556405
NSMCX Small/Mid Cap Value C Small Blend 554577556405
NSMRX Small/Mid Cap Value I Small Blend 555577556405
NWQFX Small/Mid Cap Value R6 Small Blend 555577556405
FCBYX Strategic Income I Multisector Bond 334360315222
FSFRX Strategic Income R6 Multisector Bond 334360315222
NSIOX Strategic Municipal Opportunities I High Yield Muni 434178172126
NMVAX Virginia Municipal Bond I Muni Single State Long 444164164116
NVLIX Winslow Large-Cap Growth ESG I Large Growth 4341031958762
NWCFX Winslow Large-Cap Growth ESG R6 Large Growth 4341031958762
FWIAX Wisconsin Municipal Bond A Muni Single State Long 355164164116
FWIRX Wisconsin Municipal Bond I Muni Single State Long 355164164116

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.

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