Morningstar

Nuveen Virginia Municipal Bond Fund Class I NMVAX

Morningstar Medalist Rating
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Medalist Rating as of See Nuveen Investment Hub
  • NAV / 1-Day Return$9.96  /  +0.40%
  • Fund Size$517.1M
  • Adjusted Expense Ratio0.520%
  • Net Expense Ratio0.520%
  • Fee Level: DistributionAverage
  • Share Class TypeInstitutional
  • Morningstar CategoryMuni Single State Long
  • Fixed-Income Style Box (Funds)—
  • Minimum Initial Investment$100,000
  • Investment StatusOpen
  • TTM Yield4.03%
  • Average Effective Duration9.61 yrs
NAV and 1-Day Return as of

Morningstar’s Analysis NMVAX

Will NMVAX 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 NMVAX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

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

null Morningstar Automated Analysis

Morningstar Automated Analysis

Summary

Nuveen VA Municipal Bond I holds a quantitatively derived Bronze Morningstar Medalist Rating. The rating reflects that it has scored better than the norm on factors Morningstar research associates with future outperformance relative to category peers.

by Morningstar Automated Analysis
Rated on Published on

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Portfolio Holdings NMVAX

More NMVAX Holdings
  • Current Portfolio Date
  • Equity Holdings—
  • Bond Holdings—
  • Other Holdings—
  • % Assets in Top 10 Holdings13.6
Top 10 Holdings
% Portfolio Weight
Market Value USD
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METROPOLITAN WASH D C ARPTS AUTH DULLES TOLL RD REV 0%

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VIRGINIA SMALL BUSINESS FING AUTH HEALTHCARE FACS REV 5.25%

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VIRGINIA SMALL BUSINESS FING AUTH HEALTHCARE FACS REV 4%

1.337M
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NEWPORT NEWS VA INDL DEV AUTH HEALTH SYS REV 5%

1.307M
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FAIRFAX CNTY VA INDL DEV AUTH HEALTH CARE REV 5%

1.136M
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VIRGINIA SMALL BUSINESS FING AUTH PRIVATE ACTIVITY REV 5%

1.055M
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ARLINGTON CNTY VA 5%

1.015M
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ROANOKE VA ECONOMIC DEV AUTH HOSP REV 5%

1.015M
municipal

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