Skip to Content
Morningstar

Nuveen LA Municipal Bond I FTLRX

Morningstar Medalist Rating
Medalist Rating as of | See Nuveen Investment Hub
  • NAV / 1-Day Return 9.98  /  0.78 %
  • Total Assets 212.1 Mil
  • Adj. Expense Ratio
    0.590%
  • Expense Ratio 0.590%
  • Distribution Fee Level Above Average
  • Share Class Type Institutional
  • Category Muni Single State Long
  • Credit Quality / Interest Rate Sensitivity —
  • Min. Initial Investment 100,000
  • Status Open
  • TTM Yield 2.99%
  • Effective Duration 8.85 years

USD | NAV as of Sep 28, 2023 | 1-Day Return as of Sep 28, 2023, 11:56 PM GMT+0

Morningstar’s Analysis FTLRX

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

People Pillar

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

Nuveen LA Municipal Bond I's Average Process Pillar and People Pillar ratings result in a Morningstar Medalist Rating of Neutral.

null Morningstar Manager Research

Morningstar Manager Research

Summary

The portfolio maintains a sizable cost advantage over competitors, priced within the second-lowest fee quintile among peers.

by Morningstar Manager Research
Rated on Published on

Unlock our full analysis with Morningstar Investor

Portfolio Holdings FTLRX

More FTLRX Holdings
  • Current Portfolio Date
  • Equity Holdings 1
  • Bond Holdings 163
  • Other Holdings 2
  • % Assets in Top 10 Holdings 19.9
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Energy HBR Corp

4.19
8,785,681
Utilities

LOUISIANA PUB FACS AUTH LEASE REV 5%

2.96
6,209,154
municipal

LOUISIANA PUB FACS AUTH LEASE REV 5%

2.14
4,501,882
municipal

LOUISIANA PUB FACS AUTH HOSP REV 5%

1.92
4,025,520
municipal

LOUISIANA PUB FACS AUTH REV 5%

1.50
3,137,910
municipal

JEFFERSON LA SALES TAX DIST SPL SALES TAX REV 5%

1.47
3,079,350
municipal

LOUISIANA LOC GOVT ENVIRONMENTAL FACS & CMNTY DEV AUTH REV 5%

1.44
3,032,490
municipal

LOUISIANA LOC GOVT ENVIRONMENTAL FACS & CMNTY DEV AUTH REV 5%

1.44
3,024,060
municipal

LOUISIANA PUB FACS AUTH HOSP REV 5%

1.44
3,023,970
municipal

NEW ORLEANS LA 4%

1.43
3,010,340
municipal