Nuveen Limited Term Municipal Bond leverages experienced managers, an expansive analyst team, and robust analytic tools. That said, the abrupt change in leadership of the group and a process that comes with added volatility, especially in a relatively conservative peer group, give us reason to pause. Its cheapest share classes receive a Morningstar Analyst Rating of Neutral, while its most expensive are rated Negative.
Nuveen Limited Term Municipal Bond I FLTRX
- NAV / 1-Day Return 10.90 / +0.01 %
- Total Assets 5.3 Bil
-
Adj. Expense Ratio
- Expense Ratio 0.410%
- Distribution Fee Level 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 2.24%
- Effective Duration 3.13 years
USD | NAV as of Mar 27, 2024 | 1-Day Return as of Mar 27, 2024, 10:15 PM GMT+0
Morningstar’s Analysis FLTRX
Will FLTRX 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 10.2
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
---|---|---|---|
Energy HBR Corp | 4.55 | 237.0 Mil | Utilities |
NEW YORK ST ENERGY RESH & DEV AUTH POLLUTN CTL REV 3% | 0.86 | 44.8 Mil | municipal |
PUERTO RICO COMWLTH 5.38% | 0.80 | 41.6 Mil | municipal |
PUERTO RICO SALES TAX FING CORP SALES TAX REV 0% | 0.64 | 33.5 Mil | municipal |
PUERTO RICO SALES TAX FING CORP SALES TAX REV 0% | 0.59 | 30.8 Mil | municipal |
LOUISIANA PUB FACS AUTH HOSP REV 5% | 0.58 | 30.3 Mil | municipal |
NEW YORK N Y 5% | 0.57 | 29.5 Mil | municipal |
CARROLL CNTY KY POLLUTION CTL REV 1.55% | 0.53 | 27.9 Mil | municipal |
CONNECTICUT ST HEALTH & EDL FACS AUTH REV 1.8% | 0.53 | 27.9 Mil | municipal |
AUSTIN TEX INDPT SCH DIST 5% | 0.53 | 27.8 Mil | municipal |