Nuveen International Opportunities Fund
Actively managed developed international stock fund
As of its 2026 Q2 report, Nuveen International Opportunities Fund held 85 positions with $2.83B in net assets. Its ten largest holdings made up 32.2% of the fund. The TIOIX share class costs 0.6% a year. Over the 12 months to May 2026, TIOIX returned 17.0%, with dividends reinvested. In 2026 Q3 it added 6 new positions and exited 11.
The Fund seeks a favorable long-term total return, mainly through capital appreciation, primarily from equity securities of foreign issuers.
The fund selects individual stocks of foreign issuers in developed and emerging markets, focusing on companies demonstrating positive structural change, differentiated products or services with strong competitive moats, and accelerating growth with margin expansion, typically when the adviser believes valuations do not reflect long-term potential. The adviser allows country and regional allocations to emerge from stock selection rather than targeting a predetermined geographic mix, and regularly reviews sector and country exposure against the MSCI ACWI ex USA Growth Index to manage risk. Because returns depend on the adviser's security selection, performance may diverge materially from the benchmark.
What you own
| Company | Weight | Value | Shares | Reported price |
|---|---|---|---|---|
TSMWFTaiwan Semiconductor Manufacturing Co Ltd | 7.46% | $210.70M | 3.0M | $69.42 |
SSNLFSamsung Electronics Co Ltd | 4.84% | $136.71M | 907.8K | $150.59 |
ASMLFASML Holding NV | 4.47% | $126.34M | 87.4K | $1,445.55 |
TCTZFTencent Holdings Ltd | 3.09% | $87.35M | 1.4M | $60.73 |
SBGSFSchneider Electric SE | 2.50% | $70.51M | 221.6K | $318.21 |
DBSDFDBS Group Holdings Ltd | 2.05% | $57.83M | 1.3M | $46.11 |
SNEJFSony Group Corp | 2.02% | $57.00M | 2.8M | $20.04 |
HTHIFHitachi Ltd | 2.01% | $56.74M | 1.8M | $31.80 |
RHHVFRoche Holding AG | 1.92% | $54.31M | 133.3K | $407.50 |
MHVYFMitsubishi Heavy Industries Ltd | 1.83% | $51.85M | 1.7M | $29.85 |
Reported price is the fund's own reported value divided by its own reported shares at 2026-04-30 — not a live quote, and not what the fund paid.
All 85 holdings, with the share counts as filed, open with a free account.
What the fund is made of
Percentages are of fund net assets. Rounding, liabilities and short positions can make totals differ from 100%.
| Stocks | 98.27% |
| Cash & short-term | 3.10% |
By sector
- International
- 86.3%
- Information Technology
- 2.9%
- Industrials
- 2.9%
- Materials
- 2.5%
- 6 other sectors
- 5.4%
- International
- 86.3%
- Information Technology
- 2.9%
- Industrials
- 2.9%
- Materials
- 2.5%
- Financials
- 1.8%
- Real Estate
- 1.4%
- Other
- 1.2%
- Health Care
- 0.7%
- Consumer Discretionary
- 0.3%
- Cash
- 0.0%
How it has done
TIOIX share class · total returns with dividends reinvested
Volatility over the last 12 months: 16.53%. Past returns are a record, not a forecast.
Jun 2026 and Jul 2026 have been filed since the trailing figures were struck, so they are not in the table above or the curve — every figure here shares one cut-off, which is what makes them comparable with other funds.
The 6 share classes hold the same portfolio
| Share class | Expense ratio | 1 year | 3 years | 5 years | Worst fall |
|---|---|---|---|---|---|
| 0.60% | +16.97% | +38.54% | +9.49% | -14.18% | |
| 0.75% | +16.75% | +37.79% | +8.71% | -14.23% | |
| 0.97% | +16.54% | +37.02% | +7.52% | -14.23% | |
| 0.85% | +16.68% | +37.38% | +8.41% | -14.25% | |
| 0.68% | +16.84% | +38.13% | +8.96% | -14.21% | |
| 0.00% | +17.73% | +41.10% | +12.83% | -14.05% |
These classes hold the same portfolio, so the 5.32pp spread over 5 years is the cost difference between them — roughly 1.06pp a year — not a difference in what they own.
Fees & fund details
Nuveen International Opportunities Fund is an actively managed developed international equity fund.
- Asset class
- Equity
- Region
- Developed international
- Management
- Actively managed
- Fund type
- Open-end fund
- Expense ratio, by class
- 0.00% – 0.97%· TIOIX 0.60%
- Portfolio turnover
- 58.00% a year · as of 2026 Q1
Net is what a holder pays after the adviser's contractual waiver; gross is before it. A waiver can expire.
Turnover is how much of the portfolio was replaced in a year.
Classified from what the fund holds, not from its name · 2026 Q2. The summary is a paraphrase of the prospectus; the objective is verbatim.
What changed this quarter
Positions that entered or left the fund since its previous filing. Positions that were only resized are not listed.
6 new
11 exited· the largest 8
Understand how this fund fits with the rest.
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