Advertisement
Skip to Content
Morningstar

Nuveen CA Municipal Bond I NCSPX

Morningstar Analyst Rating
Quantitative rating as of
  • NAV / 1-Day Return 10.29  /  0.09 %
  • Total Assets 1.8 Bil
  • Adj. Expense Ratio
    —
  • Expense Ratio 0.520%
  • Distribution Fee Level Below Average
  • Share Class Type Institutional
  • Category Muni California Long
  • Credit Quality / Interest Rate Sensitivity —
  • Min. Initial Investment 100,000
  • Status Open
  • TTM Yield 3.18%
  • Effective Duration 8.80 years

USD | NAV as of Jan 26, 2023 | 1-Day Return as of Jan 26, 2023, 11:14 PM GMT+00:00

Morningstar’s Analysis NCSPX

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

People Pillar

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

Summary

|

A strong Process Pillar rating isn't sufficient for Nuveen CA Municipal Bond I to overcome lower marks in Parent and other areas. This strategy retains its Morningstar Quantitative Rating of Neutral. The portfolio maintains a sizable cost advantage over competitors, priced within the second-cheapest fee quintile among peers.

Unlock our full analysis with Morningstar Investor