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.
Nuveen NC Municipal Bond C FDCCX
- NAV / 1-Day Return 9.99 / +0.31 %
- Total Assets 530.5 Mil
-
Adj. Expense Ratio
- Expense Ratio 1.610%
- Distribution Fee Level Above Average
- Share Class Type Level Load
- Category Muni Single State Long
- Credit Quality / Interest Rate Sensitivity Medium/Extensive
- Min. Initial Investment 3,000
- Status Open
- TTM Yield 1.79%
- Effective Duration 7.13 years
USD | NAV as of May 03, 2024 | 1-Day Return as of May 03, 2024, 10:14 PM GMT+0
Morningstar’s Analysis FDCCX
Will FDCCX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
People Pillar
Parent Pillar
- Current Portfolio Date
- Equity Holdings —
- Bond Holdings —
- Other Holdings —
- % Assets in Top 10 Holdings 23.2
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
---|---|---|---|
NORTH CAROLINA MED CARE COMMN HEALTH CARE FACS REV 4% | 5.39 | 28.5 Mil | municipal |
GREENSBORO N C ENTERPRISE SYS REV 5.25% | 2.76 | 14.6 Mil | municipal |
NORTH CAROLINA TPK AUTH TRIANGLE EXPWY SYS REV 0% | 2.56 | 13.6 Mil | municipal |
NORTH CAROLINA TPK AUTH TRIANGLE EXPWY SYS REV 0% | 2.31 | 12.2 Mil | municipal |
NORTH CAROLINA ST 5% | 2.19 | 11.6 Mil | Cash and Equivalents |
NORTH CAROLINA DEPT TRANSN PRIVATE ACTIVITY REV 5% | 2.08 | 11.0 Mil | municipal |
NORTH CAROLINA ST LTD OBLIG 5% | 1.80 | 9.5 Mil | municipal |
UNIVERSITY N C CHAPEL HILL UNIV N C HOSP REV 5% | 1.77 | 9.3 Mil | municipal |
NORTH CAROLINA TPK AUTH TRIANGLE EXPWY SYS REV 0% | 1.69 | 8.9 Mil | municipal |
NORTH CAROLINA CAP FACS FIN AGY EDL FACS REV 5% | 1.47 | 7.8 Mil | municipal |