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Trending ETFs

Name

As of 01/08/2021

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

$11.87

$370 M

-

$0.61

0.89%

Vitals

YTD Return

-0.4%

1 yr return

4.0%

3 Yr Avg Return

3.4%

5 Yr Avg Return

3.0%

Net Assets

$370 M

Holdings in Top 10

25.1%

52 WEEK LOW AND HIGH

$11.9
$10.92
$12.09

Expenses

OPERATING FEES

Expense Ratio 0.89%

SALES FEES

Front Load 4.20%

Deferred Load N/A

TRADING FEES

Turnover 12.00%

Redemption Fee N/A


Min Investment

Standard (Taxable)

$3,000

IRA

N/A


Fund Classification

Fund Type

Open End Mutual Fund


Name

As of 01/08/2021

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

$11.87

$370 M

-

$0.61

0.89%

FTNTX - Profile

Distributions

  • YTD Total Return -0.4%
  • 3 Yr Annualized Total Return 2.0%
  • 5 Yr Annualized Total Return 2.1%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 3.09%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name
    Nuveen Tennessee Municipal Bond Fund
  • Fund Family Name
    Nuveen
  • Inception Date
    Nov 02, 1987
  • Shares Outstanding
    N/A
  • Share Class
    A
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Daniel Close

Fund Description


FTNTX - Performance

Return Ranking - Trailing

Period FTNTX Return Category Return Low Category Return High Rank in Category (%)
YTD -0.4% -0.9% 1.0% 98.59%
1 Yr 4.0% -1.0% 10.1% 57.44%
3 Yr 3.4%* -0.4% 9.8% 67.98%
5 Yr 3.0%* -0.3% 7.8% 58.00%
10 Yr 4.2%* -0.1% 10.2% 40.37%

* Annualized

Return Ranking - Calendar

Period FTNTX Return Category Return Low Category Return High Rank in Category (%)
2023 0.9% -2.8% 310.0% 82.49%
2022 2.9% -0.3% 15.4% 79.76%
2021 -2.6% -10.3% 97.2% 72.32%
2020 1.6% -100.0% 7.6% 49.41%
2019 -3.3% -7.9% 96.8% 73.20%

Total Return Ranking - Trailing

Period FTNTX Return Category Return Low Category Return High Rank in Category (%)
YTD -0.4% -0.9% 1.0% 98.59%
1 Yr -0.4% -5.0% 10.1% 93.62%
3 Yr 2.0%* -2.4% 9.8% 92.32%
5 Yr 2.1%* -1.4% 7.8% 80.85%
10 Yr 3.8%* -0.1% 10.2% 53.38%

* Annualized

Total Return Ranking - Calendar

Period FTNTX Return Category Return Low Category Return High Rank in Category (%)
2023 0.9% -2.8% 310.0% 82.49%
2022 2.9% -0.3% 15.4% 80.18%
2021 -2.6% -10.3% 11.0% 74.16%
2020 1.7% -100.0% 7.6% 50.93%
2019 -3.2% -7.9% 3.0% 77.45%

NAV & Total Return History


FTNTX - Holdings

Concentration Analysis

FTNTX Category Low Category High FTNTX % Rank
Net Assets 370 M 582 K 81.8 B 53.95%
Number of Holdings 166 3 10805 64.69%
Net Assets in Top 10 91.9 M -199 M 4.13 B 44.11%
Weighting of Top 10 25.06% 2.5% 100.0% 23.22%

Top 10 Holdings

  1. MET GOVT NASHVILLE & DAVIDSON CNTY TENN H & E FACS BRD REV 0% 5.08%
  2. JOHNSON CITY TENN HEALTH & EDL FACS BRD HOSP REV 5.25% 2.84%
  3. METROPOLITAN GOVT NASHVILLE & DAVIDSON CNTY TENN ELEC REV 5% 2.78%
  4. CLARKSVILLE TENN NAT GAS ACQUISITION CORP GAS REV 5% 2.50%
  5. KNOX CNTY TENN HEALTH EDL & HSG FAC BRD HOSP REV 4% 2.31%
  6. PUERTO RICO SALES TAX FING CORP SALES TAX REV 4.5% 2.04%
  7. MEMPHIS-SHELBY CNTY TENN INDL DEV BRD ECONOMIC DEV GROWTH ENGINE TDZ REV 5% 2.01%
  8. HARPETH VY UTILS DIST TENN DAVIDSON & WILLIAMSN CNTYS REV 5% 1.86%
  9. KNOX CNTY TENN HEALTH EDL & HSG FAC BRD HOSP REV 5% 1.84%
  10. METROPOLITAN NASHVILLE ARPT AUTH TENN ARPT REV 5% 1.79%

Asset Allocation

Weighting Return Low Return High FTNTX % Rank
Bonds
99.60% 15.80% 147.66% 34.84%
Cash
0.40% -47.66% 84.20% 62.77%
Stocks
0.00% 0.00% 1.92% 9.98%
Preferred Stocks
0.00% -0.96% 1.04% 6.15%
Other
0.00% -13.14% 12.83% 8.97%
Convertible Bonds
0.00% 0.00% 1.50% 6.60%

Bond Sector Breakdown

Weighting Return Low Return High FTNTX % Rank
Municipal
99.23% 15.02% 100.00% 42.70%
Cash & Equivalents
0.77% 0.00% 84.20% 55.44%
Derivative
0.00% 0.00% 0.85% 6.32%
Securitized
0.00% 0.00% 6.51% 8.40%
Corporate
0.00% 0.00% 15.75% 21.66%
Government
0.00% 0.00% 84.56% 11.45%

Bond Geographic Breakdown

Weighting Return Low Return High FTNTX % Rank
US
97.27% 15.80% 141.34% 47.60%
Non US
2.33% 0.00% 28.07% 29.44%

FTNTX - Expenses

Operational Fees

FTNTX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.89% 0.01% 16.95% 39.39%
Management Fee 0.49% 0.00% 1.10% 70.67%
12b-1 Fee 0.20% 0.00% 1.00% 27.67%
Administrative Fee N/A 0.01% 0.47% N/A

Sales Fees

FTNTX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load 4.20% 0.50% 5.75% 31.41%
Deferred Load N/A 0.25% 5.50% N/A

Trading Fees

FTNTX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 1.00% 2.00% N/A

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

FTNTX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 12.00% 0.00% 299.40% 20.22%

FTNTX - Distributions

Dividend Yield Analysis

FTNTX Category Low Category High FTNTX % Rank
Dividend Yield 0.00% 0.00% 3.00% 11.67%

Dividend Distribution Analysis

FTNTX Category Low Category High Category Mod
Dividend Distribution Frequency Monthly Monthly Monthly Monthly

Net Income Ratio Analysis

FTNTX Category Low Category High FTNTX % Rank
Net Income Ratio 3.09% -1.65% 6.48% 14.33%

Capital Gain Distribution Analysis

FTNTX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Semi-Annually Annually

Distributions History

View More +

FTNTX - Fund Manager Analysis

Managers

Daniel Close


Start Date

Tenure

Tenure Rank

Mar 01, 2007

13.85

13.9%

Dan is the lead portfolio manager for the firm’s taxable municipal strategies. He manages several state-specific municipal bond strategies, including Georgia, Kentucky, Michigan, North Carolina, Ohio and Tennessee, and related institutional portfolios. Dan also serves as portfolio manager for the inflation-protected strategy and national closed-end funds. Prior to his current position, he served as a research analyst covering the corporate-backed, energy, transportation and utilities sectors. Before joining the firm in 2000, he worked as an analyst at Banc of America Securities specializing in originating and structuring asset-backed securities. Dan received a BS in business from Miami University in Ohio and an MBA at the J.L. Kellogg School of Management at Northwestern University. He also holds the Chartered Financial Analyst® designation and is a member of the CFA® Institute and the CFA Society of Chicago. CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.06 35.78 6.93 0.16