Morningstar

Nuveen North Carolina Municipal Bond Fund Class I FCNRX

Morningstar Medalist Rating
Medalist Rating as of | See Nuveen Investment Hub
  • NAV / 1-Day Return 9.95  /  −0.30 %
  • Total Assets 479.2M
  • Adj. Expense Ratio
    0.590%
  • Expense Ratio 0.590%
  • Distribution Fee Level Above Average
  • Share Class Type Institutional
  • Category Muni Single State Long
  • Credit Quality / Interest Rate Sensitivity Medium/Extensive
  • Min. Initial Investment 100,000
  • Status Open
  • TTM Yield 3.41%
  • Effective Duration 8.11 years

USD | NAV as of Aug 15, 2026 | 1-Day Return as of Aug 15, 2026, 12:11 AM GMT+0

Morningstar’s Analysis FCNRX

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

  • People Pillar

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

null Morningstar Automated Analysis

Morningstar Automated Analysis

Summary

Nuveen NC Municipal Bond I 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.

by Morningstar Automated Analysis
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Portfolio Holdings FCNRX

More FCNRX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 22.4
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

NORTH CAROLINA MED CARE COMMN HEALTH CARE FACS REV 4%

5.25 25M
municipal

NORTH CAROLINA TPK AUTH TRIANGLE EXPWY SYS REV 0%

2.79 13M
municipal

NORTH CAROLINA TPK AUTH TRIANGLE EXPWY SYS REV 0%

2.68 13M
municipal

NORTH CAROLINA DEPT TRANSN PRIVATE ACTIVITY REV 5%

2.10 10M
municipal

NORTH CAROLINA TPK AUTH TRIANGLE EXPWY SYS REV 0%

2.09 10M
municipal

UNIVERSITY N C CHAPEL HILL UNIV N C HOSP REV 5%

1.89 9M
municipal

CABARRUS CNTY N C LTD OBLIG 5%

1.56 8M
municipal

PUERTO RICO SALES TAX FING CORP SALES TAX REV 4.33%

1.53 7M
municipal

CHARLOTTE N C ARPT REV 5%

1.29 6M
municipal

UNIVERSITY N C GREENSBORO REV 5%

1.27 6M
municipal

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