https://www.sec.gov/Archives/edgar/data/1041673/000119312522160269/d286967d497.htm
497 1 d286967d497.htm NUVEEN INVESTMENT TRUST II
NUVEEN EMERGING MARKETS EQUITY FUND
SUPPLEMENT DATED MAY 26, 2022
TO THE STATUTORY PROSPECTUS DATED DECEMBER 1, 2021
Nuveen Emerging Markets Equity Fund will be liquidated after the close of business on July 26, 2022.
Effective June 24, 2022, the Fund will stop accepting purchases from new investors. Existing shareholders may continue to purchase Fund shares until July 14, 2022. Existing shareholders may continue to reinvest dividends and capital gains distributions received from the Fund. The Fund reserves the right to modify the extent to which sales of shares are limited prior to the Fund’s liquidation. After the close of business on July 26, 2022, the Fund will liquidate any remaining shareholder accounts and will send shareholders the proceeds of the liquidation.
PLEASE KEEP THIS WITH YOUR PROSPECTUS
FOR FUTURE REFERENCE
MGN-EMEP-0522P
------------------------------------------------------------------------------------------------------
NUVEEN EMERGING MARKETS EQUITY FUND
SUPPLEMENT DATED MAY 26, 2022
TO THE STATEMENT OF ADDITIONAL INFORMATION DATED DECEMBER 1, 2021
Nuveen Emerging Markets Equity Fund will be liquidated after the close of business on July 26, 2022.
Effective June 24, 2022, the Fund will stop accepting purchases from new investors. Existing shareholders may continue to purchase Fund shares until July 14, 2022. Existing shareholders may continue to reinvest dividends and capital gains distributions received from the Fund. The Fund reserves the right to modify the extent to which sales of shares are limited prior to the Fund’s liquidation. After the close of business on July 26, 2022, the Fund will liquidate any remaining shareholder accounts and will send shareholders the proceeds of the liquidation.
PLEASE KEEP THIS WITH YOUR
STATEMENT OF ADDITIONAL INFORMATION
FOR FUTURE REFERENCE
MGN-EMESAI-0522P

Maybe good combine any dippers to these discussions
Added tna lcid qqqm xlf fngu today at opening bell
Cover all of them for one month prices ~ 15Delta
Betting small caps and market has bottom formations, if not 3 5 years hold lol

Not interested in scoring points.

But explaining points could be constructive. You wrote MS funds are innovation funds and offered performance data as evidence. As @wxman123 described, sector and style (along with magnitude of volatility) explains the bulk of returns, regardless of investment "theme". Similarity of performance doesn't really show that two funds are picking the same type of stocks, except in this broad "style and sector" sense.
Hence my question about why you considered MSEGX to be an innovation fund. You might simply be focused on high volatility, rocket-fueled off-the-chart growth funds with no reentry parachutes. Theme not important.
As far as performance data are concerned, short term anomalies at the end of a period skews figures. (There's an 8% performance difference between ARKK and MSEGX month-to-date.) This type of distortion is something I've posted about before. Similarly, in late 2018 many columns were written warning to expect a radical change in fund ratings the instant the 2008 GFC performance dropped off the radar (10 year performance figures).
One shudders to imagine how ARKK would have fared in 2008.

MGGPX ... correlates pretty closely with ARKW at least on a daily basis.

Daily performance may tend to resemble a random walk. FWIW, the correlation of daily changes in value (accounting for divs, using Yahoo figures) from 10/31/2014 through 5/25/22 is 81.83% (R² 66.97%). Fair, but not all that close. MGGPX correlates significantly more closely on a daily basis with VUG (LCG index). Over the same period, the correlation is 90.53% (R² 81.96%).
PV shows similar daily correlation figures between MGGPX and ARKW using rolling 60 day windows. In comparison, PV shows much higher correlation between ARKK and ARKW.
Correlation: MGGPX and ARKW (45% to 96%)
Correlation: ARKK and ARKW (57% to 99%)
Correlation: MGGPX and VUG (63% to 98%)

If I read another headline about the latest "undiscovered safe" stock or fund with a yield of 10% I will throw up.
All you have to do is look at ATT. What good was the 6% dividend when the stock is down 20 to 30% in the last 3 to 5 years?

Yeah, there definitely is a herd mentality over there. I've complained loudly about their sensational breathless reporting of everything Saint Cathie of ARKK would do or say, and how their 'Why did ABC move up/down today?' headlines being nothing more than Motley-Fool clickbait-class nonsense, but who am I to be listened to.

If I read another headline about the latest "undiscovered safe" stock or fund with a yield of 10% I will throw up.
All you have to do is look at ATT. What good was the 6% dividend when the stock is down 20 to 30% in the last 3 to 5 years?

NYSE A/D Line correlates well with the market. See this chart from this weekend Barron's (I comment on it only when there is something unusual - e.g. several weeks of up or down moves/runs).

I came across this article over morning coffee & thought if only it was posted earlier I could have saved a bit of cash !
https://finance.yahoo.com/news/bear-market-rule-explains-why-dip-buyers-cant-get-a-break-100038815.html
Have a good day, Derf

For the week ending on 5/25/22, the Survey became more negative: Bearish remained the top sentiment (53.5%; very high) & bullish became the bottom sentiment (19.8%; very low); neutral became the middle sentiment (26.7%, low); Bull-Bear Spread fell to -33.7% (a column is added in the table below). Investor concerns included high inflation & supply-chain disruptions; market volatility (VIX, VXN, MOVE); Russia-Ukraine war (13+ weeks). For the Survey week (Thursday-Wednesday), there were huge market movements with the results that stocks, bonds, oil, gold were all up (for a change!) but dollar declined. #AAII #Sentiment #Markets
https://ybbpersonalfinance.proboards.com/thread/141/aaii-sentiment-survey-weekly?page=6&scrollTo=643

Sector and style focus explain the bulk of returns, generally speaking. The ARK complex were top performers in the past few years before the downturn, and they were on top of all the "greats," like the Baron funds. When the "growthier" sector/style cratered they all did, though to a lesser extent compared to the ARK funds. I hold MGGPX (10yr 5 star MS, now 4 star MS). It correlates pretty closely with ARKW at least on a daily basis. My conclusion is that Ms. Wood was a better stock picker, by far, and not her fault that some bid those pics to the moon when her sector and style focus was in favor. But that which goes up 157% in a year can also drop 55%, predictable actually. You can decide which is the better fund. https://www.portfoliovisualizer.com/fund-performance?s=y&symbol=MGGPX&benchmark=ARKW

Oh, I don't know. It takes a certain amount of imagination to see a cup and handle in a few squiggles.
Or to gaze up at the stars and see a double bottom in Cassiopeia. Heck, just to see Cassiopeia.

https://earthsky.org/constellations/cassiopeia-the-queen-charts-lore-science/

That performance comparison is heavily dependent on period selected. Your selection of end date makes it seem like you're cherry picking (or cherry pit picking in this case).

Standardized Total Returns are reflected as of month- and quarter-end time periods. ... Morningstar calculates Standardized Returns in-house in accordance with the rules outlined in SEC Rule 482, Forms N-3 and N-4, and reflect the investment experience from the inception date of the fund. The SEC Rule 482 in the Securities Act of 1933 dictates that this return figure be as of Most Recent Quarter.

https://awgmain.morningstar.com/webhelp/glossary_definitions/mutual_fund/mfglossary_standardized_returns.htm
As of the last month's end, MSEGX beat ARKK by 6.71% (1 month), 10.76% (3 month), 9.93% (6 month), 7.16% (YTD), 15.83% (1 year), 5.16% (annualized, 3 year).
http://performance.morningstar.com/fund/performance-return.action?t=MSEGX
M* analysts rate MSEGX silver (MSEQX gold), forward looking, while they put a sell (negative) rating on ARKK>. That might be a good place to start looking for a comparison.
What attributes of MSEGX lead you to characterize it as an innovation type fund? Its approach is "to invest in established and emerging large cap companies in the US that [it] believe[s] have sustainable competitive advantages with above average business visibility, the ability to deploy capital at high rates of return, strong balance sheets and an attractive risk/reward profile." [ibid.]
In contrast, "Companies within ARKK include those that rely on or benefit from the development of new products or services, technological improvements and advancement in scientific research relating to the areas of: DNA Technologies and the 'Genomic Revolution'; Automation, Robotics, and Energy Storage; AI and the 'Next Generation Internet; Fintech Innovation."
https://ark-funds.com/funds/arkk/
While there's certainly some portfolio overlap (e.g. Zoom ZM and Block SQ), the two fund objectives don't seem all that similar. ARKK doesn't even suggest a focus on large cap companies, and in fact over half its holdings are in midcaps. How many large caps are truly disruptive?

Morgan Stanley has some ARKK type innovation funds. For example, based on M* charts, MSEGX trails ARKK in every period 5 yr through 1 mo, except 1 yr, total returns. If one were to be interested in the ARKK type theme of investing, is a Morgan Stanley fund preferred over ARKK? If this topic was previously discussed, please feel free to direct me to the appropriate thread. Thanks.

@Old_Joe, These are long dated bonds and you are buying at a premium to par. I would make sure that you have call protection. Given these are issued in 1998, I am taking a wild guess that there might be a make whole provision; otherwise, the company would have called during pre-Max crash years when interest rates were low and the company's credit rating was much higher.

M* JR musings on how low ARKK can go? https://www.morningstar.com/articles/1095462/how-low-can-ark-innovation-go

Hah. I actually know when Charlemagne was crowned.
Whoopee!

SA is offering 1 yr Premium membership for $15 per month. I find myself shut out of articles on the site I might want to read, and one of my fund managers posts his updates there to my chagrin. I am thinking of cutting loose an aggressive growth stock letter I have read for several years. The only other service I pay for is M* Premium. If MFO people subscribe to SA I would appreciate their opinions.

https://www.marketwatch.com/amp/story/strong-insider-buying-suggests-a-15-rally-in-the-s-p-500-from-here-11653494055
Https://www.google.com/search?q=Strong+insider+buying+suggests+a+15&client=ms-android-samsung-gs-rev1&sourceid=chrome-mobile&ie=UTF-8
Personally I think current prices maybe too low and rsi of sp500 qqq dji so low, lowered pe make stocks prices very attractive/ 7 8 weeks sale and prices diving downsrend maybe extremely long.
My brother of do not believe in the rally and he waits for more uptrends before buying (he maybe missing out rebounds if any left)
Of course they can go 15% lowered also
Buying small amounts may have hold 2 10 yrs

Re: Boeing Bonds, Cusip 097023AS4 (per JohnN, above)
According to Schwab:
6.625%
Maturity: 02/15/2038
Not callable / Make Whole provision
Yield To Maturity: Bid: 5.988% Ask: 5.811%
BBB- (not BBB+, although I don't think that's a big deal)
Markup charge: $10 per $10k purchase
I'd appreciate comments or suggestions regarding purchase of these bonds.

Thanks, @JohnN. It is likely not important to you but I was referring to the maturity date of the bond. I looked it up and it is February 15, 2038. I own BA stock and so I am past looking at analyst reports / commentary!

Hi BaluBalu
10 bucks commission vanguard.com
Think ytm ~5.9%
SO MANY Etf funds has this bond so you think they are legit
Call vanguard or your firm to give you a redflag (any major issues) reports before buy it...also ask for analyst comentary
Out $tna fngu +5%...[good for gas +food monies several wks...sold automatically reached strike price]