Nuveen All-American Bond leverages an expansive analyst team to support its aggressive approach. Yet the abrupt change in leadership of the group and management on this strategy, combined with a process that comes with added volatility, gives us reason to pause. Its cheapest share classes receive a Morningstar Analyst Rating of Neutral, while its most expensive are rated Negative.
- NAV / 1-Day Return 10.02 / 0.01 %
- Total Assets 4.7 Bil
-
Adj. Expense Ratio
—
- Expense Ratio 0.470%
- Distribution Fee Level Low
- Share Class Type Retirement, Large
- Category Muni National Long
- Credit Quality / Interest Rate Sensitivity —
- Min. Initial Investment 1,000,000
- Status Open
- TTM Yield 3.59%
- Effective Duration 8.39 years
Morningstar’s Analysis FAAWX
Will FAAWX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
Process Pillar
People Pillar
Parent Pillar
- Current Portfolio Date Apr 30, 2023
- Equity Holdings 1
- Bond Holdings 1066
- Other Holdings 4
- % Assets in Top 10 Holdings 9.9
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector
J P MORGAN CHASE PUTTERS / DRIVERS TR VAR STS 0.22%
2.73
129,000,000
municipal
FLORIDA DEV FIN CORP SURFACE TRANSN FAC REV 7.38%
1.67
78,905,610
municipal
J P MORGAN CHASE PUTTERS / DRIVERS TR VAR STS 0.62%
1.52
72,000,000
municipal
CHICAGO ILL BRD ED DEDICATED CAP IMPT 6%
1.51
71,284,920
municipal
Us Dollars
0.93
44,080,786
Cash and Equivalents
CHICAGO ILL BRD ED 7%
0.78
37,000,300
municipal
FLORIDA DEV FIN CORP SURFACE TRANSN FAC REV 6.38%
0.76
35,945,910
municipal
NEW YORK ST TWY AUTH ST PERS INCOME TAX REV 5%
0.69
32,426,896
municipal
NEW YORK ST TWY AUTH ST PERS INCOME TAX REV 5%
0.64
30,346,872
municipal