Nuveen TN Municipal Bond C
Name
As of 01/08/2021Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
-0.4%
1 yr return
3.2%
3 Yr Avg Return
2.6%
5 Yr Avg Return
2.2%
Net Assets
$370 M
Holdings in Top 10
25.1%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 1.69%
SALES FEES
Front Load N/A
Deferred Load 1.00%
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 01/08/2021Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
FTNDX - Profile
Distributions
- YTD Total Return -0.4%
- 3 Yr Annualized Total Return 2.6%
- 5 Yr Annualized Total Return 2.2%
- Capital Gain Distribution Frequency N/A
- Net Income Ratio 2.29%
- Dividend Yield 0.0%
- Dividend Distribution Frequency Monthly
Fund Details
-
Legal NameNuveen Tennessee Municipal Bond Fund
-
Fund Family NameNuveen
-
Inception DateFeb 10, 2014
-
Shares OutstandingN/A
-
Share ClassC
-
CurrencyUSD
-
Domiciled CountryUnited States
-
ManagerDaniel Close
Fund Description
FTNDX - Performance
Return Ranking - Trailing
Period | FTNDX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | -0.4% | -0.9% | 1.0% | 98.76% |
1 Yr | 3.2% | -1.0% | 10.1% | 81.54% |
3 Yr | 2.6%* | -0.4% | 9.8% | 88.80% |
5 Yr | 2.2%* | -0.3% | 7.8% | 85.56% |
10 Yr | 3.4%* | -0.1% | 10.2% | 71.73% |
* Annualized
Return Ranking - Calendar
Period | FTNDX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 0.9% | -2.8% | 310.0% | 82.32% |
2022 | 3.0% | -0.3% | 15.4% | 77.63% |
2021 | -2.7% | -10.3% | 97.2% | 74.98% |
2020 | 1.6% | -100.0% | 7.6% | 48.79% |
2019 | -3.3% | -7.9% | 96.8% | 73.92% |
Total Return Ranking - Trailing
Period | FTNDX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | -0.4% | -0.9% | 1.0% | 98.76% |
1 Yr | 2.2% | -5.0% | 10.1% | 67.07% |
3 Yr | 2.6%* | -2.4% | 9.8% | 77.07% |
5 Yr | 2.2%* | -1.4% | 7.8% | 79.18% |
10 Yr | 3.4%* | -0.1% | 10.2% | 68.51% |
* Annualized
Total Return Ranking - Calendar
Period | FTNDX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 0.9% | -2.8% | 310.0% | 82.32% |
2022 | 3.0% | -0.3% | 15.4% | 77.98% |
2021 | -2.7% | -10.3% | 11.0% | 76.95% |
2020 | 1.7% | -100.0% | 7.6% | 50.45% |
2019 | -3.3% | -7.9% | 3.0% | 78.10% |
NAV & Total Return History
FTNDX - Holdings
Concentration Analysis
FTNDX | Category Low | Category High | FTNDX % Rank | |
---|---|---|---|---|
Net Assets | 370 M | 582 K | 81.8 B | 54.01% |
Number of Holdings | 166 | 3 | 10805 | 64.81% |
Net Assets in Top 10 | 91.9 M | -199 M | 4.13 B | 44.16% |
Weighting of Top 10 | 25.06% | 2.5% | 100.0% | 23.27% |
Top 10 Holdings
- MET GOVT NASHVILLE & DAVIDSON CNTY TENN H & E FACS BRD REV 0% 5.08%
- JOHNSON CITY TENN HEALTH & EDL FACS BRD HOSP REV 5.25% 2.84%
- METROPOLITAN GOVT NASHVILLE & DAVIDSON CNTY TENN ELEC REV 5% 2.78%
- CLARKSVILLE TENN NAT GAS ACQUISITION CORP GAS REV 5% 2.50%
- KNOX CNTY TENN HEALTH EDL & HSG FAC BRD HOSP REV 4% 2.31%
- PUERTO RICO SALES TAX FING CORP SALES TAX REV 4.5% 2.04%
- MEMPHIS-SHELBY CNTY TENN INDL DEV BRD ECONOMIC DEV GROWTH ENGINE TDZ REV 5% 2.01%
- HARPETH VY UTILS DIST TENN DAVIDSON & WILLIAMSN CNTYS REV 5% 1.86%
- KNOX CNTY TENN HEALTH EDL & HSG FAC BRD HOSP REV 5% 1.84%
- METROPOLITAN NASHVILLE ARPT AUTH TENN ARPT REV 5% 1.79%
Asset Allocation
Weighting | Return Low | Return High | FTNDX % Rank | |
---|---|---|---|---|
Bonds | 99.60% | 15.80% | 147.66% | 35.17% |
Cash | 0.40% | -47.66% | 84.20% | 63.17% |
Stocks | 0.00% | 0.00% | 1.92% | 61.39% |
Preferred Stocks | 0.00% | -0.96% | 1.04% | 59.50% |
Other | 0.00% | -13.14% | 12.83% | 60.07% |
Convertible Bonds | 0.00% | 0.00% | 1.50% | 60.07% |
Bond Sector Breakdown
Weighting | Return Low | Return High | FTNDX % Rank | |
---|---|---|---|---|
Municipal | 99.23% | 15.02% | 100.00% | 43.20% |
Cash & Equivalents | 0.77% | 0.00% | 84.20% | 55.95% |
Derivative | 0.00% | 0.00% | 0.85% | 59.90% |
Securitized | 0.00% | 0.00% | 6.51% | 60.74% |
Corporate | 0.00% | 0.00% | 15.75% | 67.40% |
Government | 0.00% | 0.00% | 84.56% | 62.15% |
Bond Geographic Breakdown
Weighting | Return Low | Return High | FTNDX % Rank | |
---|---|---|---|---|
US | 97.27% | 15.80% | 141.34% | 47.66% |
Non US | 2.33% | 0.00% | 28.07% | 29.50% |
FTNDX - Expenses
Operational Fees
FTNDX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 1.69% | 0.01% | 16.95% | 11.62% |
Management Fee | 0.49% | 0.00% | 1.10% | 71.63% |
12b-1 Fee | 1.00% | 0.00% | 1.00% | 91.93% |
Administrative Fee | N/A | 0.01% | 0.47% | N/A |
Sales Fees
FTNDX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 0.50% | 5.75% | N/A |
Deferred Load | 1.00% | 0.25% | 5.50% | 65.43% |
Trading Fees
FTNDX 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.
FTNDX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 12.00% | 0.00% | 299.40% | 21.82% |
FTNDX - Distributions
Dividend Yield Analysis
FTNDX | Category Low | Category High | FTNDX % Rank | |
---|---|---|---|---|
Dividend Yield | 0.00% | 0.00% | 3.00% | 62.57% |
Dividend Distribution Analysis
FTNDX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Monthly | Monthly | Monthly | Monthly |
Net Income Ratio Analysis
FTNDX | Category Low | Category High | FTNDX % Rank | |
---|---|---|---|---|
Net Income Ratio | 2.29% | -1.65% | 6.48% | 55.50% |
Capital Gain Distribution Analysis
FTNDX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Semi-Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Apr 01, 2019 | $0.020 | |
Mar 01, 2019 | $0.020 | |
Feb 01, 2019 | $0.020 | |
Dec 31, 2018 | $0.020 | |
Dec 03, 2018 | $0.020 | |
Oct 01, 2018 | $0.020 | |
Sep 04, 2018 | $0.020 | |
Aug 01, 2018 | $0.022 | |
Jul 02, 2018 | $0.022 | |
Jun 01, 2018 | $0.022 | |
May 01, 2018 | $0.022 | |
Apr 02, 2018 | $0.022 | |
Mar 01, 2018 | $0.022 | |
Feb 01, 2018 | $0.022 | |
Dec 29, 2017 | $0.022 | |
Dec 07, 2017 | $0.015 | |
Dec 01, 2017 | $0.022 | |
Nov 01, 2017 | $0.022 | |
Oct 02, 2017 | $0.022 | |
Sep 01, 2017 | $0.022 | |
Aug 01, 2017 | $0.023 | |
Jul 03, 2017 | $0.023 | |
Jun 01, 2017 | $0.023 | |
May 01, 2017 | $0.024 | |
Apr 03, 2017 | $0.024 | |
Mar 01, 2017 | $0.024 | |
Feb 01, 2017 | $0.024 | |
Dec 30, 2016 | $0.024 | |
Nov 01, 2016 | $0.024 | |
Oct 03, 2016 | $0.024 | |
Sep 01, 2016 | $0.024 | |
Aug 01, 2016 | $0.024 | |
Jul 01, 2016 | $0.024 | |
Jun 01, 2016 | $0.024 | |
May 02, 2016 | $0.024 | |
Apr 01, 2016 | $0.024 | |
Mar 01, 2016 | $0.024 | |
Feb 01, 2016 | $0.024 | |
Dec 31, 2015 | $0.024 | |
Dec 01, 2015 | $0.024 | |
Nov 02, 2015 | $0.024 | |
Oct 01, 2015 | $0.024 | |
Sep 01, 2015 | $0.024 | |
Aug 03, 2015 | $0.024 | |
Jul 01, 2015 | $0.024 | |
Jun 01, 2015 | $0.024 | |
May 01, 2015 | $0.024 | |
Apr 01, 2015 | $0.024 | |
Mar 02, 2015 | $0.024 | |
Feb 02, 2015 | $0.024 | |
Dec 31, 2014 | $0.024 | |
Dec 08, 2014 | $0.001 | |
Dec 01, 2014 | $0.024 | |
Nov 03, 2014 | $0.024 | |
Oct 01, 2014 | $0.024 | |
Sep 02, 2014 | $0.024 | |
Aug 01, 2014 | $0.025 | |
Jul 01, 2014 | $0.025 | |
Jun 02, 2014 | $0.025 | |
May 01, 2014 | $0.025 | |
Apr 01, 2014 | $0.025 | |
Mar 03, 2014 | $0.025 |
FTNDX - 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 |