Morningstar

Nuveen Limited Term Municipal Bond Fund Class I FLTRX

Morningstar Medalist Rating
Medalist Rating as of | See Nuveen Investment Hub
  • NAV / 1-Day Return 10.91  /  −0.09 %
  • Total Assets 4.0B
  • Adj. Expense Ratio
    0.420%
  • Expense Ratio 0.430%
  • Distribution Fee Level Above Average
  • Share Class Type Institutional
  • Category Muni National Short
  • Credit Quality / Interest Rate Sensitivity Medium/Limited
  • Min. Initial Investment 100,000
  • Status Open
  • TTM Yield 2.88%
  • Effective Duration 3.30 years

USD | NAV as of Jul 17, 2026 | 1-Day Return as of Jul 17, 2026, 12:11 AM GMT+0

Morningstar’s Analysis FLTRX

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

  • People Pillar

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

An aggressive short-term muni option.

Associate Director Tom Murphy

Tom Murphy

Associate Director

Summary

Nuveen Limited Term Municipal Bond draws on extensive muni resources, but team changes and a process that takes more risks than many muni-national short Morningstar Category peers temper the strategy’s appeal.

by Tom Murphy
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Portfolio Holdings FLTRX

More FLTRX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 5.3
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Net Receivable For Sale Of Vistra Vision Class B Units

1.16 48M
Cash and Equivalents

NEW YORK N Y 5%

0.68 28M
municipal

CARROLL CNTY KY POLLUTION CTL REV 1.55%

0.62 26M
municipal

PUERTO RICO SALES TAX FING CORP SALES TAX REV 0%

0.61 25M
municipal

PUERTO RICO SALES TAX FING CORP SALES TAX REV 0%

0.60 25M
municipal

INDIANA ST FIN AUTH ENVIRONMENTAL REV 4%

0.51 21M
municipal

SWEETWATER CNTY WYO POLLUTION CTL REV 1.7%

0.49 20M
Cash and Equivalents

ALASKA HSG FIN CORP MTG REV 2%

0.47 20M
municipal

CALIFORNIA MUN FIN AUTH REV 3%

0.46 19M
municipal

COLORADO HEALTH FACS AUTH REV 5%

0.45 19M
municipal

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