MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication
an InvestmentWires' Publication
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MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication |
|
Friday, May 28, 1999 Nuveen Offers Dogs Portfolios Investors looking for a return to value-style equity investment strategy may want to ask their financial adviser to consider buying a pair of dogs. John Nuveen & Co. offers two value oriented defined portfolios based on "the dogs of The Dow" strategy. The portfolios are designed for those interested in investing in blue-chip companies, with higher than average dividend yields. "The dogs of The Dow are running again," said William Adams, executive vice president of Nuveen Defined Portfolios. "With value stocks on the rise, maybe it's a good time for investors to consider including value-oriented investments in their overall strategy." The Nuveen-The Dow 10 Portfolio and the Nuveen-The Dow 5 Portfolio are drawn from subsets of the Dow Jones average of 30 industrial stocks. Both portfolios will be re-deposited on June 1 for a minimum investment of $1,000 and $500 for IRAs. The June Nuveen-The Dow 10 Portfolio is expected to include the common stock of Caterpillar, Chevron, Du Pont, Eastman Kodak, Exxon, General Motors, Goodyear, Minnesota Mining and Manufacturing, J.P. Morgan, and Philip Morris. The June Nuveen-The Dow 5 Portfolio is expected to hold the stock of Caterpillar, Du Pont, Eastman Kodak, Goodyear, and Philip Morris. On June 1, each stock in the Nuveen-The Dow 10 Portfolio will represent about 10 percent of that portfolio's holdings, while each of the Nuveen-The Dow 5 Portfolio's stocks will represent about 20 percent of the portfolio's assets. These percentages may vary over time as the prices of the common stocks change. The Nuveen-The Dow 10 Portfolios and the Nuveen-The Dow 5 Portfolios are available through registered advisers. The portfolios have a 13 month life and are offered every month. Printed from: MFWire.com/story.asp?s=24915 Copyright 1999, InvestmentWires, Inc. All Rights Reserved |