Skip to Content
Morningstar

Nuveen LA Municipal Bond C FAFLX

Morningstar Medalist Rating
Medalist Rating as of | See Nuveen Investment Hub
  • NAV / 1-Day Return 10.51  /  −0.09 %
  • Total Assets 216.1 Mil
  • Adj. Expense Ratio
    1.600%
  • Expense Ratio 1.600%
  • Distribution Fee Level High
  • Share Class Type Level Load
  • Category Muni Single State Long
  • Credit Quality / Interest Rate Sensitivity —
  • Min. Initial Investment 3,000
  • Status Open
  • TTM Yield 2.04%
  • Effective Duration 8.03 years

USD | NAV as of Apr 24, 2024 | 1-Day Return as of Apr 24, 2024, 10:14 PM GMT+0

Morningstar’s Analysis FAFLX

Will FAFLX 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 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.

Strength in Nuveen LA Municipal Bond C's Process Pillar is partially offset by an Average People Pillar rating, leading 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 highest quintile among peers.

by Morningstar Manager Research
Rated on Published on

Unlock our full analysis with Morningstar Investor

Portfolio Holdings FAFLX

More FAFLX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 19.0
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Vistra

3.29 7.1 Mil
Corporate

LOUISIANA PUB FACS AUTH LEASE REV 5%

2.82 6.1 Mil
municipal

LOUISIANA PUB FACS AUTH LEASE REV 5%

2.14 4.6 Mil
municipal

LOUISIANA PUB FACS AUTH HOSP REV 5%

1.89 4.1 Mil
municipal

LOUISIANA PUB FACS AUTH REV 5%

1.51 3.2 Mil
municipal

NEW ORLEANS LA AVIATION BRD SPL FAC REV 5%

1.51 3.2 Mil
municipal

NEW ORLEANS LA 4%

1.50 3.2 Mil
municipal

LOUISIANA PUB FACS AUTH REV 5.25%

1.49 3.2 Mil
municipal

JEFFERSON LA SALES TAX DIST SPL SALES TAX REV 5%

1.45 3.1 Mil
municipal

LOUISIANA PUB FACS AUTH HOSP REV 5%

1.44 3.1 Mil
municipal