Skip to Content

Nuveen All-American Municipal Bond A FLAAX

Medalist Rating as of | See Nuveen Investment Hub
  • NAV / 1-Day Return 10.17  /  0.21 %
  • Total Assets 2.1 Bil
  • Adj. Expense Ratio
    0.660%
  • Expense Ratio 0.820%
  • Distribution Fee Level Low
  • Share Class Type Front Load
  • Category Muni National Long
  • Credit Quality / Interest Rate Sensitivity
  • Min. Initial Investment 3,000
  • Status Open
  • TTM Yield 3.59%
  • Effective Duration 7.17 years

Morningstar’s Analysis FLAAX

Will FLAAX outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

New leadership.

Associate Analyst Elizabeth Templeton

Elizabeth Templeton

Associate Analyst

Summary

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.

Rated on Published on

Unlock our full analysis with Morningstar Investor

Portfolio Holdings FLAAX

  • Current Portfolio Date
  • Equity Holdings 2
  • Bond Holdings 979
  • Other Holdings 5
  • % Assets in Top 10 Holdings 9.7
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

FLORIDA DEV FIN CORP SURFACE TRANSN FAC REV 7.38%

1.80
78,080,940
municipal

CHICAGO ILL BRD ED DEDICATED CAP IMPT 6%

1.62
70,488,060
municipal
1.32
57,573,321
Utilities

FLORIDA DEV FIN CORP SURFACE TRANSN FAC REV 6.38%

0.84
36,668,914
municipal

CHICAGO ILL BRD ED 7%

0.84
36,546,628
municipal

J P MORGAN CHASE PUTTERS / DRIVERS TR VAR STS 0.62%

0.73
31,900,000
municipal

FLORIDA DEV FIN CORP REV 8%

0.68
29,602,855
municipal

SALT RIV PROJ AGRIC IMPT & PWR DIST ARIZ ELEC SYS REV 5.25%

0.67
29,088,086
municipal

CALIFORNIA MUN FIN AUTH REV 5%

0.65
28,202,517
municipal

PUERTO RICO SALES TAX FING CORP SALES TAX REV 0%

0.64
27,819,522
municipal