NISPX Fees and Costs — Nuveen Preferred Securities and Income Managed Accounts Portfolio, Common Shares
Data updated: 2026-10-14
The net expense ratio is 0.01% (0.78% before fee waivers). There are no sales loads or redemption fees. Portfolio turnover was 44%.
NISPX Fees and Expenses
Annual operating expenses and sales charges of NISPX. Prospectus, as of July 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.00% |
| 12b-1 fee | — |
| Other expenses | — |
| Gross expense ratio | 0.78% |
| Fee waiver | −0.77% |
| Net expense ratio | 0.01% |
| Sales charges | |
|---|---|
| Max front load | 0.00% |
| Max deferred load | 0.00% |
| Redemption fee | — |
NISPX Costs Over Time
On $10,000 invested in NISPX, assuming 5% a year before costs, total costs come to $6 over 5 years, cutting the return by 0.01% a year. Illustration, not a forecast: it assumes today's net expense ratio throughout (a fee waiver may end).
| $10,000 invested | Sell after 1 year | Sell after 3 years | Sell after 5 years |
|---|---|---|---|
| Value before costs | $10,500 | $11,576 | $12,763 |
| Fund expenses (net expense ratio 0.01%) | $1 | $3 | $6 |
| Lost growth on money paid in costs | $0 | $0 | $1 |
| Total costs | $1 | $3 | $6 |
| Value after costs | $10,499 | $11,573 | $12,756 |
| Impact on return, per year | 0.01% | 0.01% | 0.01% |
NISPX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending July 31, 2026.
- Explicit cost rate (commissions ÷ average net assets): —
- Total broker commissions: —
- Bought from dealers (principal trades, not a cost): $7.4M
- Portfolio turnover (prospectus): 44%
NISPX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| Wells Fargo Securities, LLC | $765K | 14.28% |
| UBS Financial Services Inc. | $758K | 14.15% |
| Barclays Capital Inc. | $663K | 12.38% |
| Bank of America, National Association | $564K | 10.52% |
| Jane Street Execution Services, LLC | $549K | 10.25% |
| Seaport Global Securities LLC | $546K | 10.19% |
| BNP Paribas Securities Corp. | $455K | 8.49% |
| Standard Chartered Securities North America LLC | $414K | 7.74% |
| BNY Mellon Capital Markets, LLC | $330K | 6.17% |
| HSBC Securities (USA) Inc. | $313K | 5.83% |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.