Fees are a weakness here. The strategy's lofty fees are a high hurdle to clear, as it is priced within the second-highest quintile among peers.
Nuveen Short Term Municipal Bond A FSHAX
- NAV / 1-Day Return 9.83 / +0.02 %
- Total Assets 418.0 Mil
-
Adj. Expense Ratio
- Expense Ratio 0.620%
- Distribution Fee Level Below Average
- Share Class Type Front Load
- Category Muni National Short
- Credit Quality / Interest Rate Sensitivity Medium/Limited
- Min. Initial Investment 3,000
- Status Open
- TTM Yield 2.44%
- Effective Duration 1.59 years
USD | NAV as of Jul 26, 2024 | 1-Day Return as of Jul 26, 2024, 10:12 PM GMT+0
Morningstar’s Analysis FSHAX
Will FSHAX 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 17.3
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
---|---|---|---|
COLORADO HEALTH FACS AUTH REV 5% | 3.49 | 14.2 Mil | municipal |
TENNESSEE ST 5% | 2.24 | 9.1 Mil | municipal |
WISCONSIN ST HEALTH & EDL FACS AUTH REV 5% | 1.97 | 8.0 Mil | municipal |
MARICOPA CNTY ARIZ INDL DEV AUTH REV 5% | 1.90 | 7.7 Mil | municipal |
WASHINGTON MULTNOMAH & YAMHILLCNTYS ORE SCH DIST NO 1J HILLSBORO 5% | 1.71 | 7.0 Mil | municipal |
METROPOLITAN WASH D C ARPTS AUTH ARPT SYS REV 5% | 1.52 | 6.2 Mil | municipal |
CENTRAL TEX REGL MOBILITY AUTH REV 5% | 1.47 | 6.0 Mil | municipal |
HARRIS CNTY TEX CULTURAL ED FACS FIN CORP REV 5% | 1.44 | 5.9 Mil | municipal |
WASHINGTON ST HEALTH CARE FACS AUTH REV 5% | 1.32 | 5.4 Mil | municipal |
MASSACHUSETTS ST PORT AUTH REV 5% | 1.26 | 5.1 Mil | municipal |