Nuveen Short Term Municipal Bond Fund Class C NAAEX
Strategy
The investment seeks current income that is exempt from federal income tax to the extent consistent with preservation of capital. The fund invests at least 80% of the sum of its net assets and the amount of any borrowings for investment purposes in municipal bonds that pay interest that is exempt from regular federal personal income tax. These municipal bonds include obligations issued by U.S. states and their subdivisions, authorities, instrumentalities and corporations, as well as obligations issued by U.S. territories that pay interest that is exempt from regular federal personal income tax.
Ticker | Name | Share Class Type | Investment Status | Morningstar Rating for Funds Overall | Medalist Rating Overall | Inception Date | Total Net Assets for Share Class | Adjusted Expense Ratio | Fee Level Distribution | Minimum Initial Investment | 1-Year Net Flow |
|---|---|---|---|---|---|---|---|---|---|---|---|
FSHYX | Nuveen Short Term Municipal Bond Fund Class I | Institutional | Open | $250.46M | 0.400% | Average | $100,000 | $2.44M | |||
FSHAX | Nuveen Short Term Municipal Bond Fund Class A | Front Load | Open | $214.87M | 0.600% | Below Average | $2,500 | $18.79M | |||
NAAEX | Nuveen Short Term Municipal Bond Fund Class C | Level Load | Open | $4.67M | 1.400% | Above Average | $2,500 | −$200,675.55 |