NUVBX – Nuveen Intermediate Duration Muni Bd I Investment Strategy | Morningstar

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Strategy

The investment seeks as high a level of current interest income exempt from regular federal income taxes as is consistent with preservation of capital. Under normal market conditions, 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. It invests at least 80% of its net assets in investment grade municipal bonds rated BBB/Baa or higher. The fund may invest up to 20% of its net assets in below investment grade municipal bonds, commonly referred to as "high yield" or "junk" bonds.

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
NUVBX	Nuveen Intermediate Duration Municipal Bond Fund Class I	Institutional	Open			Nov 29, 1976	$8.14B	0.430%	Below Average	$100,000	$868.89M
NMBAX	Nuveen Intermediate Duration Municipal Bond Fund Class A	Front Load	Open			Jun 13, 1995	$674.84M	0.630%	Low	$2,500	−$12.26M
NNCCX	Nuveen Intermediate Duration Municipal Bond Fund Class C	Level Load	Open			Feb 10, 2014	$19.35M	1.430%	Below Average	$2,500	−$6.04M

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