Morningstar

Nuveen Louisiana Municipal Bond Fund Class C FAFLX

Morningstar Medalist Rating
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Medalist Rating as of See Nuveen Investment Hub
  • NAV / 1-Day Return $10.00  /  +0.30 %
  • Fund Size $196.7M
  • Adjusted Expense Ratio 1.600%
  • Net Expense Ratio 1.600%
  • Fee Level: Distribution High
  • Share Class Type Level Load
  • Morningstar Category Muni Single State Long
  • Fixed-Income Style Box (Funds) —
  • Minimum Initial Investment $2,500
  • Investment Status Open
  • TTM Yield 2.78%
  • Average Effective Duration 9.84 yrs
NAV and 1-Day Return as of

Morningstar’s Analysis FAFLX

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

  • People Pillar

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

null Morningstar Automated Analysis

Morningstar Automated Analysis

Summary

Nuveen LA Municipal Bond C holds a quantitatively derived Neutral Morningstar Medalist Rating. The rating suggests the model does not express a clear expectation of outperformance or underperformance relative to peers over a full market cycle.

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Portfolio Holdings FAFLX

More FAFLX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 21.8
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

LOUISIANA PUB FACS AUTH REV 4.25%

3.49 7M
municipal

LOUISIANA PUB FACS AUTH LEASE REV 5%

2.82 5M
municipal

LOUISIANA PUB FACS AUTH REV 5%

2.50 5M
municipal

LOUISIANA PUB FACS AUTH LEASE REV 5%

2.13 4M
municipal

LOUISIANA PUB FACS AUTH REV 5.5%

2.04 4M
municipal

PORT NEW ORLEANS LA BRD COMMRSPORT FAC REV 5.5%

2.04 4M
municipal

LOUISIANA STAD & EXPOSITION DIST REV 5.25%

2.03 4M
municipal

LOUISIANA PUB FACS AUTH REV 5%

1.65 3M
municipal

LOUISIANA ST GAS & FUELS TAX REV 4%

1.54 3M
municipal

LOUISIANA LOC GOVT ENVIRONMENTAL FACS & CMNTY DEV AUTH REV 5%

1.54 3M
municipal

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