NUDG — Nuveen Dividend Growth Fund
Data updated: 2026-09-25
NUDG — Nuveen Dividend Growth Fund. United States Large Cap Value Equity · $6.34B AUM · 0.61% expense ratio. Holdings, fees, performance and SEC filings.
NUDG Fund Overview
NUDG — Nuveen Dividend Growth Fund is a US mutual fund managed by Nuveen Investment Trust II, categorised as United States Large Cap Value Equity. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.
- Type: US mutual fund
- Manager: Nuveen Investment Trust II
- Category: United States Large Cap Value Equity
- Assets under management: $6.34B
- Ticker: NUDG
- SEC CIK: 0001041673
- SEC series ID: S000008519
- Share class ID: C000275829
NUDG Investment Objective and Strategy
Nuveen Dividend Growth Fund describes its objective and strategy as follows, from its latest prospectus filed with the SEC by Nuveen Investment Trust II.
Investment objective
The investment objective of the Fund is to seek an attractive total return comprised of income from dividends and long-term capital appreciation.
Principal investment strategy
Under normal market conditions, the Fund invests at least 80% of its net assets in dividend-paying common stocks and preferred securities. Companies in certain economic sectors of the market have historically provided higher dividend yields than companies in other sectors and industries. As a result, given the Funds focus on dividend-paying securities, the Fund may, from time to time, have a greater exposure to these higher dividend-yield sectors and industries than the broad equity market. The Fund may invest in small-, mid- and large-cap companies. The Fund may invest up to 25% of its net assets in non- U.S. equity securities that are U.S. dollar-denominated. The Funds sub-adviser is focused on bottom-up fundamental analysis to identify what it believes to be the highest quality companies that meet the Funds investment criteria.
When selecting companies, the sub-adviser evaluates certain factors, including a sound business model, strong overall financial position, earnings growth, return on equity, quality of management, potential for dividend growth, market valuation and the commitment to return cash to shareholders.
NUDG Holdings
Top 10 holdings of Nuveen Dividend Growth Fund by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| Microsoft Corp | 7.04% |
| Apple Inc | 6.21% |
| Broadcom Inc | 5.37% |
| Taiwan Semiconductor Manufacturing Co Ltd | 4.35% |
| JPMorgan Chase & Co | 3.97% |
| Alphabet Inc | 3.89% |
| Amphenol Corp | 3.88% |
| Mastercard Inc | 2.74% |
| NextEra Energy Inc | 2.57% |
| American Express Co | 2.56% |
NUDG Portfolio Allocation
Asset-class allocation of Nuveen Dividend Growth Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Equity | 98.6% |
| Cash & Equivalents | 1.4% |
NUDG Performance
Total returns for NUDG (as of 2026-10-01), from SEC filings.
| Period | Total return |
|---|---|
| YTD | 4.8% |
| 1 year | 8.6% |
| 3 years (annualised) | 11.7% |
| 5 years (annualised) | 8.9% |
NUDG Risk Information
Risk metrics for NUDG, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 9.0%
NUDG Costs and Fees
NUDG costs about $61 per $10,000 invested per year in fund expenses.
- Net expense ratio: 0.61%
- Gross expense ratio: 0.75%
- Portfolio turnover: 12%
- Brokerage commissions: 0.63 bps of average net assets (SEC N-CEN)
NUDG Cashflows
Over the 12 months to 2026-04, Nuveen Dividend Growth Fund had net inflows of $182.59M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2026-04 | −$73.04M |
| 2026-03 | −$32.34M |
| 2026-02 | −$96.83M |
| 2026-01 | −$41.58M |
| 2025-12 | $393.46M |
| 2025-11 | −$31.09M |
NUDG Debt Constituents
No individual debt constituents are reported in Nuveen Dividend Growth Fund's latest SEC N-PORT filing.
NUDG Prospectus and SEC Filings
Official Nuveen Dividend Growth Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
- Prospectus (485BPOS) — filed 2026-05-14
- Prospectus (485BPOS) — filed 2025-11-28
- Prospectus (485BPOS) — filed 2024-11-27
- Portfolio holdings (N-PORT) — filed 2026-09-25
- Portfolio holdings (N-PORT) — filed 2026-06-24
- Portfolio holdings (N-PORT) — filed 2026-03-25
- Annual census (N-CEN) — filed 2024-10-11
- Annual census (N-CEN) — filed 2023-10-11
Related Funds
Other United States Large Cap Value Equity funds tracked on ABC INVEST:
Data Sources
ABC INVEST compiles this page from public filings made to the U.S. Securities and Exchange Commission (SEC) through EDGAR: portfolio holdings and monthly cashflows from Form N-PORT, expenses and returns from fund prospectuses (Form 485BPOS) and the SEC DERA Risk/Return Summary data sets, annual data from Form N-CEN, and shareholder reports from Form N-CSR.