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Morningstar

Nuveen Short Term Municipal Bond C NAAEX

Morningstar Medalist Rating
Medalist Rating as of | See Nuveen Investment Hub
  • NAV / 1-Day Return 9.73  /  0.00
  • Total Assets 496.0 Mil
  • Adj. Expense Ratio
    1.490%
  • Expense Ratio 1.490%
  • Distribution Fee Level Above Average
  • Share Class Type Level Load
  • Category Muni National Short
  • Credit Quality / Interest Rate Sensitivity Medium/Limited
  • Min. Initial Investment 3,000
  • Status Open
  • TTM Yield 1.41%
  • Effective Duration 1.69 years

USD | NAV as of Apr 19, 2024 | 1-Day Return as of Apr 19, 2024, 10:18 PM GMT+0

Morningstar’s Analysis NAAEX

Will NAAEX outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable NAAEX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the NAAEX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of NAAEX’s parent organization’s priorities and whether they’re in line with investors’ interests.

Nuveen Short Term Municipal Bond C's Average People Pillar and Process Pillar ratings are n't enough to prevent other weaknesses from sending this strategy to a Morningstar Medalist Rating of Negative.

null Morningstar Manager Research

Morningstar Manager Research

Summary

Fees are a weakness here. The strategy's lofty fees are a high hurdle to clear, as it is priced within the most expensive quintile among peers.

by Morningstar Manager Research
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Portfolio Holdings NAAEX

More NAAEX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 17.6
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

COLORADO HEALTH FACS AUTH REV 5%

2.97 14.3 Mil
municipal

TENNESSEE ST 5%

1.90 9.2 Mil
municipal

WISCONSIN ST HEALTH & EDL FACS AUTH REV 5%

1.66 8.0 Mil
municipal

MARICOPA CNTY ARIZ INDL DEV AUTH REV 5%

1.61 7.8 Mil
municipal

WASHINGTON MULTNOMAH & YAMHILLCNTYS ORE SCH DIST NO 1J HILLSBORO 5%

1.45 7.0 Mil
municipal

HARRIS CNTY TEX CULTURAL ED FACS FIN CORP REV 5%

1.44 7.0 Mil
municipal

PUERTO RICO COMWLTH 5.38%

1.38 6.6 Mil
municipal

METROPOLITAN WASH D C ARPTS AUTH ARPT SYS REV 5%

1.29 6.2 Mil
municipal

CENTRAL TEX REGL MOBILITY AUTH REV 5%

1.25 6.0 Mil
municipal

HARRIS CNTY TEX CULTURAL ED FACS FIN CORP REV 5%

1.22 5.9 Mil
municipal