Morningstar

Nuveen Limited Term Municipal Bond Fund Class A FLTDX

Morningstar Medalist Rating
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  • NAV / 1-Day Return $10.61  /  0.00
  • Fund Size $3.7B
  • Adjusted Expense Ratio 0.630%
  • Net Expense Ratio 0.630%
  • Fee Level: Distribution Average
  • Share Class Type Front Load
  • Morningstar Category Muni National Short
  • Fixed-Income Style Box (Funds) Medium/Limited
  • Minimum Initial Investment $2,500
  • Investment Status Open
  • TTM Yield 2.80%
  • Average Effective Duration 3.31 yrs
NAV and 1-Day Return as of

Morningstar’s Analysis FLTDX

Will FLTDX outperform in the 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 FLTDX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the FLTDX 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 FLTDX’s parent organization’s priorities and whether they’re in line with investors’ interests.

An aggressive short-term muni option.

Associate Director Tom Murphy

Tom Murphy

Associate Director

Summary

Nuveen Limited Term Municipal Bond draws on extensive muni resources, but team changes and a process that takes more risks than many muni-national short Morningstar Category peers temper the strategy’s appeal.

by Tom Murphy
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Portfolio Holdings FLTDX

More FLTDX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 4.7
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Net Receivable For Sale Of Vistra Vision Class B Units

1.18 46M
Cash and Equivalents

NEW YORK N Y 5%

0.72 28M
municipal

PUERTO RICO SALES TAX FING CORP SALES TAX REV 0%

0.59 23M
municipal

INDIANA ST FIN AUTH ENVIRONMENTAL REV 4%

0.54 21M
municipal

ALASKA HSG FIN CORP MTG REV 2%

0.49 19M
municipal

CALIFORNIA MUN FIN AUTH REV 3%

0.48 19M
municipal

TRIMBLE CNTY KY POLLUTN CTL REV 1.3%

0.46 18M
municipal

GREATER ORLANDO AVIATION AUTH ORLANDO FLA ARPT FACS REV 5%

0.45 17M
municipal

OHIO ST AIR QUALITY DEV AUTH REV 4.25%

0.44 17M
municipal

ILLINOIS MUN ELEC AGY PWR SUPPLY SYS REV 5%

0.41 16M
municipal

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