Performance analysis of Nuveen Corporate Income 2023 Target Term Fund (JHAA)
Annual Return
Over the past 3 years, JHAA has had an average annual return of +3.94%, outperforming the benchmark SPY, which returned +0.80% annual.
Over the past 5 years, JHAA has had an average annual return of +1.99%, underperforming the benchmark SPY, which returned +2.98% annual.
Since Dec 19, 2018, JHAA has had an average annual return of +3.70%, underperforming the benchmark SPY, which returned +14.68% annual.
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | ||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| +9.25% | -5.76% | +8.60% | -6.56% | +5.65% | +8.42% |
Monthly Return
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Annually Total |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2023 | +2.01% | +0.60% | -0.56% | +1.18% | +0.10% | +1.06% | +0.52% | +1.05% | +1.04% | +0.93% | +0.98% | +9.25% | |
| 2022 | -1.49% | -1.12% | -1.93% | -0.09% | -2.22% | -3.01% | +3.56% | +0.27% | -1.38% | +0.97% | +1.38% | -0.68% | -5.76% |
| 2021 | +3.64% | +0.60% | +0.78% | +1.30% | +1.09% | -1.17% | -0.08% | +0.51% | -0.18% | +1.23% | +0.11% | +0.52% | +8.60% |
| 2020 | +1.69% | -7.12% | -18.22% | +11.22% | +2.28% | +0.36% | +1.01% | +1.86% | +0.35% | -0.61% | +2.18% | +1.05% | -6.56% |
| 2019 | -3.31% | -1.80% | +0.08% | +0.21% | -1.70% | +3.11% | +0.71% | +2.66% | -0.55% | +0.59% | -0.19% | +6.05% | +5.65% |
| 2018 | +8.42% | +8.42% |
Drawdown analysis of Nuveen Corporate Income 2023 Target Term Fund (JHAA)
The maximum drawdown for the JHAA was -44.18%, occurring on Mar 18, 2020. This drawdown has not yet recovered.
The current JHAA drawdown is -2.60%.
Since Dec 19, 2018 JHAA has experienced the following drawdowns:
- 40% or more: 1 time
- 30% or more: 1 time
- 20% or more: 1 time
- 10% or more: 1 time
| Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -44.18% | Feb 6, 2020 | 28 | Mar 18, 2020 | Ongoing | Ongoing | Ongoing |
| -8.53% | Dec 19, 2019 | 2 | Dec 23, 2019 | 30 | Feb 6, 2020 | 32 |
| -7.46% | Dec 28, 2018 | 49 | Mar 12, 2019 | 70 | Jun 20, 2019 | 119 |
| -6.64% | Nov 19, 2019 | 5 | Nov 26, 2019 | 9 | Dec 10, 2019 | 14 |
| -5.13% | Aug 9, 2019 | 14 | Aug 29, 2019 | 46 | Nov 4, 2019 | 60 |
| -4.60% | Jun 20, 2019 | 4 | Jun 26, 2019 | 31 | Aug 9, 2019 | 35 |
| -3.97% | Dec 10, 2019 | 6 | Dec 18, 2019 | 1 | Dec 19, 2019 | 7 |
| -3.33% | Nov 4, 2019 | 1 | Nov 5, 2019 | 5 | Nov 12, 2019 | 6 |
| -1.89% | Nov 12, 2019 | 2 | Nov 14, 2019 | 3 | Nov 19, 2019 | 5 |
| -1.25% | Dec 24, 2018 | 1 | Dec 26, 2018 | 2 | Dec 28, 2018 | 3 |