Morningstar

Nuveen Minnesota Municipal Bond Fund Class I FYMNX

Morningstar Medalist Rating
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Medalist Rating as of See Nuveen Investment Hub
  • NAV / 1-Day Return $10.28  /  +0.29 %
  • Fund Size $740.8M
  • Adjusted Expense Ratio 0.560%
  • Net Expense Ratio 0.560%
  • Fee Level: Distribution Average
  • Share Class Type Institutional
  • Morningstar Category Muni Minnesota
  • Fixed-Income Style Box (Funds) —
  • Minimum Initial Investment $100,000
  • Investment Status Open
  • TTM Yield 3.87%
  • Average Effective Duration 9.19 yrs
NAV and 1-Day Return as of

Morningstar’s Analysis FYMNX

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

  • People Pillar

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

null Morningstar Automated Analysis

Morningstar Automated Analysis

Summary

Nuveen Minnesota Municipal Bond I holds a quantitatively derived Neutral Morningstar Medalist Rating. The rating suggests the model does not express a clear expectation of outperformance or underperformance relative to peers over a full market cycle.

by Morningstar Automated Analysis
Rated on Published on

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Portfolio Holdings FYMNX

More FYMNX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 15.6
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

St Cloud-Ref-Rev-Bam

2.51 18M
municipal

MINNEAPOLIS & ST PAUL MINN MET ARPTS COMMN ARPT REV 5%

1.77 12M
municipal

DULUTH MINN ECONOMIC DEV AUTH HEALTH CARE FACS REV 5%

1.74 12M
municipal

MINNESOTA AGRIC & ECONOMIC DEV BRD REV 5.25%

1.55 11M
municipal

WESTERN MINN MUN PWR AGY MINN PWR SUPPLY REV 5%

1.50 11M
municipal

MINNESOTA ST 5%

1.42 10M
municipal

MINNEAPOLIS & ST PAUL MINN MET ARPTS COMMN ARPT REV 5%

1.39 10M
municipal

MINNEAPOLIS MINN HEALTH CARE SYS REV 4%

1.31 9M
municipal

Us Dollars

1.28 9M
Cash and Equivalents

ST CLOUD MINN HEALTH CARE REV 5%

1.26 9M
municipal

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