Four Nuveen Strategy funds swap Dow Jones benchmarks for Morningstar

By Toni Weeks

San Diego, March 2 - Nuveen Strategy Funds, Inc. announced that four of its funds will change their benchmark indexes, according to a 497 filing with the Securities and Exchange Commission.

Each of the funds had been comparing its performance to a Dow Jones index. Going forward, each fund's performance will be compared to a Morningstar index, which will more closely reflect the fund's investment universe.

The benchmark changes are as follows:

• Nuveen Strategy Aggressive Growth Allocation Fund will change its benchmark to Morningstar Aggressive Target Risk Index from Dow Jones Moderately Aggressive U.S. Portfolio Index;

• Nuveen Strategy Growth Allocation Fund will change its benchmark to Morningstar Moderately Aggressive Target Risk Index from Dow Jones Moderate U.S. Portfolio Index;

• Nuveen Strategy Balanced Allocation Fund will change its benchmark to Morningstar Moderate Target Risk Index from Dow Jones Moderate U.S. Portfolio Index; and

• Nuveen Strategy Conservative Allocation Fund will change its benchmark to Morningstar Moderately Conservative Target Risk Index from Dow Jones Conservative U.S. Portfolio Index.

Chicago-based Nuveen Fund Advisors, Inc. is the investment adviser to the funds.

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