Name
As of 04/26/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
-0.4%
1 yr return
1.4%
3 Yr Avg Return
-0.9%
5 Yr Avg Return
-0.1%
Net Assets
$510 M
Holdings in Top 10
16.9%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 1.49%
SALES FEES
Front Load N/A
Deferred Load 1.00%
TRADING FEES
Turnover 37.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$3,000
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 04/26/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
NAAEX - Profile
Distributions
- YTD Total Return -0.4%
- 3 Yr Annualized Total Return -0.9%
- 5 Yr Annualized Total Return -0.1%
- Capital Gain Distribution Frequency N/A
- Net Income Ratio -0.02%
- Dividend Yield 1.9%
- Dividend Distribution Frequency Monthly
Fund Details
-
Legal NameNuveen Short Term Municipal Bond Fund
-
Fund Family NameNuveen Funds
-
Inception DateFeb 10, 2014
-
Shares OutstandingN/A
-
Share ClassC
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerChristopher Drahn
Fund Description
NAAEX - Performance
Return Ranking - Trailing
Period | NAAEX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | -0.4% | -5.3% | 7.2% | 15.06% |
1 Yr | 1.4% | -5.3% | 26.0% | 80.97% |
3 Yr | -0.9%* | -11.5% | 2.5% | 28.32% |
5 Yr | -0.1%* | -6.3% | 1101.7% | 86.37% |
10 Yr | 0.1%* | -0.5% | 248.1% | 99.55% |
* Annualized
Return Ranking - Calendar
Period | NAAEX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 1.1% | -1.4% | 41.0% | 93.04% |
2022 | -4.1% | -39.7% | 0.3% | 5.41% |
2021 | -0.9% | -5.6% | 6.9% | 68.86% |
2020 | 0.5% | -2.6% | 310.0% | 91.85% |
2019 | 1.7% | 0.0% | 26.0% | 92.62% |
Total Return Ranking - Trailing
Period | NAAEX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | -0.4% | -5.3% | 7.2% | 15.06% |
1 Yr | 1.4% | -5.3% | 26.0% | 80.97% |
3 Yr | -0.9%* | -11.5% | 2.5% | 28.32% |
5 Yr | -0.1%* | -6.3% | 1101.7% | 86.37% |
10 Yr | 0.1%* | -0.5% | 248.1% | 99.55% |
* Annualized
Total Return Ranking - Calendar
Period | NAAEX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 2.3% | -1.3% | 41.0% | 99.61% |
2022 | -3.9% | -39.7% | 1.1% | 9.23% |
2021 | -0.8% | -4.8% | 23761504.0% | 97.28% |
2020 | 1.3% | -1.5% | 17057.9% | 94.57% |
2019 | 2.5% | 0.2% | 3514.6% | 96.59% |
NAV & Total Return History
NAAEX - Holdings
Concentration Analysis
NAAEX | Category Low | Category High | NAAEX % Rank | |
---|---|---|---|---|
Net Assets | 510 M | 3.22 M | 71.9 B | 45.73% |
Number of Holdings | 300 | 2 | 13067 | 39.74% |
Net Assets in Top 10 | 89.8 M | -317 M | 3.56 B | 45.89% |
Weighting of Top 10 | 16.92% | 2.0% | 100.4% | 55.18% |
Top 10 Holdings
- North Carolina Medical Care Commission, Hospital Revenue Bonds, CaroMont Health A/K/A Gaston Health, Series 2021A 2.76%
- Colorado Health Facilities Authority, Colorado, Revenue Bonds, Intermountain Healthcare, Series 2022A 2.74%
- Tennessee State, General Obligation Bonds, Series 2023A 1.75%
- Wisconsin Health and Educational Facilities Authority, Wisconsin, Revenue Bonds, Marshfield Clinic Health System, Inc., Series 2020B-1 1.52%
- Maricopa County Industrial Development Authority, Arizona, Revenue Bonds, Banner Health, Series 2019D 1.49%
- Triborough Bridge and Tunnel Authority, New York, Payroll Mobility Tax Bonds, MTA Bridges and Tunnels, Refunding Senior Lien Green Climate Bond Certif 1.44%
- Washington Multnomah Yamhill Counties School District 1J Hillsboro, Oregon, General Obligation Bonds, Series 2017 1.34%
- Harris County Cultural Education Facilities Finance Corporation, Texas, Hospital Revenue Bonds, Memorial Hermann Health System, Series 2019B-2 1.32%
- Iowa Finance Authority, Solid Waste Facility Revenue Bonds, Gevo NW Iowa RNG, LLC Renewable Natural Gas Project, Green Series 2021 1.31%
- Puerto Rico, General Obligation Bonds, Restructured Series 2022A-1 1.26%
Asset Allocation
Weighting | Return Low | Return High | NAAEX % Rank | |
---|---|---|---|---|
Bonds | 98.87% | 0.00% | 150.86% | 42.76% |
Cash | 0.79% | -50.86% | 50.09% | 68.61% |
Stocks | 0.33% | 0.00% | 99.81% | 5.89% |
Preferred Stocks | 0.00% | 0.00% | 0.52% | 70.74% |
Other | 0.00% | -3.18% | 33.35% | 69.32% |
Convertible Bonds | 0.00% | 0.00% | 0.93% | 70.76% |
Stock Sector Breakdown
Weighting | Return Low | Return High | NAAEX % Rank | |
---|---|---|---|---|
Utilities | 0.00% | 0.00% | 0.00% | 57.99% |
Technology | 0.00% | 0.00% | 0.00% | 55.84% |
Real Estate | 0.00% | 0.00% | 0.00% | 56.91% |
Industrials | 0.00% | 0.00% | 100.00% | 58.12% |
Healthcare | 0.00% | 0.00% | 0.00% | 56.51% |
Financial Services | 0.00% | 0.00% | 0.00% | 62.42% |
Energy | 0.00% | 0.00% | 0.00% | 12.62% |
Communication Services | 0.00% | 0.00% | 100.00% | 58.26% |
Consumer Defense | 0.00% | 0.00% | 0.00% | 56.11% |
Consumer Cyclical | 0.00% | 0.00% | 100.00% | 58.79% |
Basic Materials | 0.00% | 0.00% | 0.00% | 57.05% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | NAAEX % Rank | |
---|---|---|---|---|
US | 0.33% | 0.00% | 99.81% | 5.89% |
Non US | 0.00% | 0.00% | 10.75% | 70.55% |
Bond Sector Breakdown
Weighting | Return Low | Return High | NAAEX % Rank | |
---|---|---|---|---|
Municipal | 93.67% | 44.39% | 100.00% | 86.29% |
Derivative | 0.00% | -3.18% | 23.38% | 67.83% |
Cash & Equivalents | 0.00% | 0.00% | 48.02% | 87.70% |
Securitized | 0.00% | 0.00% | 5.93% | 71.09% |
Corporate | 0.00% | 0.00% | 9.41% | 74.92% |
Government | 0.00% | 0.00% | 52.02% | 73.88% |
Bond Geographic Breakdown
Weighting | Return Low | Return High | NAAEX % Rank | |
---|---|---|---|---|
US | 98.87% | 0.00% | 142.23% | 40.39% |
Non US | 0.00% | 0.00% | 23.89% | 74.30% |
NAAEX - Expenses
Operational Fees
NAAEX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 1.49% | 0.01% | 20.65% | 16.07% |
Management Fee | 0.40% | 0.00% | 1.20% | 42.30% |
12b-1 Fee | 1.00% | 0.00% | 1.00% | 94.36% |
Administrative Fee | N/A | 0.01% | 0.44% | N/A |
Sales Fees
NAAEX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 0.50% | 4.75% | N/A |
Deferred Load | 1.00% | 0.25% | 5.00% | 74.17% |
Trading Fees
NAAEX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 1.00% | 1.00% | 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.
NAAEX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 37.00% | 0.00% | 283.00% | 85.43% |
NAAEX - Distributions
Dividend Yield Analysis
NAAEX | Category Low | Category High | NAAEX % Rank | |
---|---|---|---|---|
Dividend Yield | 1.85% | 0.00% | 14.62% | 93.34% |
Dividend Distribution Analysis
NAAEX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Monthly | Monthly | Monthly | Monthly |
Net Income Ratio Analysis
NAAEX | Category Low | Category High | NAAEX % Rank | |
---|---|---|---|---|
Net Income Ratio | -0.02% | -0.53% | 5.33% | 99.54% |
Capital Gain Distribution Analysis
NAAEX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Apr 01, 2024 | $0.015 | OrdinaryDividend |
Mar 01, 2024 | $0.015 | OrdinaryDividend |
Feb 01, 2024 | $0.014 | OrdinaryDividend |
Dec 29, 2023 | $0.014 | OrdinaryDividend |
Dec 01, 2023 | $0.014 | OrdinaryDividend |
Nov 01, 2023 | $0.012 | OrdinaryDividend |
Oct 02, 2023 | $0.012 | OrdinaryDividend |
Sep 01, 2023 | $0.012 | OrdinaryDividend |
Aug 01, 2023 | $0.009 | OrdinaryDividend |
Jul 03, 2023 | $0.009 | OrdinaryDividend |
Jun 01, 2023 | $0.009 | OrdinaryDividend |
May 01, 2023 | $0.006 | OrdinaryDividend |
Apr 03, 2023 | $0.006 | OrdinaryDividend |
Mar 01, 2023 | $0.006 | OrdinaryDividend |
Feb 01, 2023 | $0.004 | OrdinaryDividend |
Dec 30, 2022 | $0.004 | DailyAccrualFund |
Dec 01, 2022 | $0.004 | DailyAccrualFund |
Nov 01, 2022 | $0.002 | DailyAccrualFund |
Oct 03, 2022 | $0.002 | DailyAccrualFund |
Sep 01, 2022 | $0.002 | DailyAccrualFund |
Aug 01, 2022 | $0.002 | DailyAccrualFund |
Jul 01, 2022 | $0.001 | DailyAccrualFund |
Jun 01, 2022 | $0.001 | DailyAccrualFund |
Jul 01, 2021 | $0.002 | DailyAccrualFund |
Jun 01, 2021 | $0.002 | DailyAccrualFund |
May 03, 2021 | $0.002 | DailyAccrualFund |
Apr 01, 2021 | $0.003 | DailyAccrualFund |
Mar 01, 2021 | $0.003 | DailyAccrualFund |
Feb 01, 2021 | $0.003 | DailyAccrualFund |
Dec 31, 2020 | $0.003 | DailyAccrualFund |
Dec 01, 2020 | $0.005 | DailyAccrualFund |
Nov 02, 2020 | $0.005 | DailyAccrualFund |
Oct 01, 2020 | $0.005 | DailyAccrualFund |
Sep 01, 2020 | $0.005 | DailyAccrualFund |
Aug 03, 2020 | $0.007 | DailyAccrualFund |
Jul 01, 2020 | $0.007 | DailyAccrualFund |
Jun 01, 2020 | $0.007 | DailyAccrualFund |
May 01, 2020 | $0.007 | DailyAccrualFund |
Apr 01, 2020 | $0.007 | DailyAccrualFund |
Mar 02, 2020 | $0.007 | DailyAccrualFund |
Feb 03, 2020 | $0.007 | DailyAccrualFund |
Dec 31, 2019 | $0.007 | DailyAccrualFund |
Dec 02, 2019 | $0.007 | DailyAccrualFund |
Nov 01, 2019 | $0.006 | DailyAccrualFund |
Oct 01, 2019 | $0.006 | DailyAccrualFund |
Sep 03, 2019 | $0.006 | DailyAccrualFund |
Aug 01, 2019 | $0.006 | DailyAccrualFund |
Jul 01, 2019 | $0.006 | DailyAccrualFund |
Jun 03, 2019 | $0.006 | DailyAccrualFund |
May 01, 2019 | $0.006 | DailyAccrualFund |
Apr 01, 2019 | $0.006 | DailyAccrualFund |
Mar 01, 2019 | $0.006 | DailyAccrualFund |
Feb 01, 2019 | $0.005 | DailyAccrualFund |
Dec 31, 2018 | $0.005 | DailyAccrualFund |
Dec 03, 2018 | $0.005 | DailyAccrualFund |
Oct 01, 2018 | $0.004 | DailyAccrualFund |
Sep 04, 2018 | $0.004 | DailyAccrualFund |
Aug 01, 2018 | $0.004 | DailyAccrualFund |
Jul 02, 2018 | $0.004 | DailyAccrualFund |
Jun 01, 2018 | $0.004 | DailyAccrualFund |
May 01, 2018 | $0.003 | DailyAccrualFund |
Apr 02, 2018 | $0.003 | DailyAccrualFund |
Mar 01, 2018 | $0.003 | DailyAccrualFund |
Feb 01, 2018 | $0.002 | DailyAccrualFund |
Dec 29, 2017 | $0.002 | DailyAccrualFund |
Dec 07, 2017 | $0.001 | DailyAccrualFund |
Dec 01, 2017 | $0.002 | DailyAccrualFund |
Nov 01, 2017 | $0.002 | DailyAccrualFund |
Oct 02, 2017 | $0.002 | DailyAccrualFund |
Sep 01, 2017 | $0.002 | DailyAccrualFund |
Aug 01, 2017 | $0.002 | DailyAccrualFund |
Jul 03, 2017 | $0.002 | DailyAccrualFund |
Jun 01, 2017 | $0.002 | DailyAccrualFund |
May 01, 2017 | $0.002 | DailyAccrualFund |
Apr 03, 2017 | $0.002 | DailyAccrualFund |
Mar 01, 2017 | $0.002 | DailyAccrualFund |
Feb 01, 2017 | $0.002 | DailyAccrualFund |
Dec 30, 2016 | $0.002 | DailyAccrualFund |
Dec 01, 2016 | $0.002 | DailyAccrualFund |
Nov 01, 2016 | $0.002 | DailyAccrualFund |
Oct 03, 2016 | $0.002 | DailyAccrualFund |
Sep 01, 2016 | $0.002 | DailyAccrualFund |
Aug 01, 2016 | $0.002 | DailyAccrualFund |
Jul 01, 2016 | $0.002 | DailyAccrualFund |
Jun 01, 2016 | $0.002 | DailyAccrualFund |
May 02, 2016 | $0.002 | DailyAccrualFund |
Apr 01, 2016 | $0.002 | DailyAccrualFund |
Mar 01, 2016 | $0.002 | DailyAccrualFund |
Feb 01, 2016 | $0.001 | DailyAccrualFund |
Dec 31, 2015 | $0.001 | DailyAccrualFund |
Dec 01, 2015 | $0.001 | DailyAccrualFund |
Nov 02, 2015 | $0.001 | DailyAccrualFund |
Oct 01, 2015 | $0.005 | DailyAccrualFund |
Sep 01, 2015 | $0.005 | DailyAccrualFund |
Aug 03, 2015 | $0.005 | DailyAccrualFund |
Jul 01, 2015 | $0.005 | DailyAccrualFund |
Jun 01, 2015 | $0.005 | DailyAccrualFund |
May 01, 2015 | $0.005 | DailyAccrualFund |
Apr 01, 2015 | $0.005 | DailyAccrualFund |
Mar 02, 2015 | $0.005 | DailyAccrualFund |
Feb 02, 2015 | $0.005 | DailyAccrualFund |
Dec 31, 2014 | $0.005 | DailyAccrualFund |
Dec 08, 2014 | $0.001 | ExtraDividend |
Dec 01, 2014 | $0.005 | DailyAccrualFund |
Nov 03, 2014 | $0.005 | DailyAccrualFund |
Oct 01, 2014 | $0.005 | DailyAccrualFund |
Sep 02, 2014 | $0.005 | DailyAccrualFund |
Aug 01, 2014 | $0.006 | DailyAccrualFund |
Jul 01, 2014 | $0.006 | DailyAccrualFund |
Jun 02, 2014 | $0.006 | DailyAccrualFund |
May 01, 2014 | $0.007 | DailyAccrualFund |
Apr 01, 2014 | $0.007 | DailyAccrualFund |
Mar 03, 2014 | $0.007 | DailyAccrualFund |
NAAEX - Fund Manager Analysis
Managers
Christopher Drahn
Start Date
Tenure
Tenure Rank
Oct 25, 2002
19.61
19.6%
Chris manages tax-exempt fixed income portfolios, including the Short Term Municipal Bond, the Colorado Municipal Bond, the Minnesota Municipal Bond, the Minnesota Intermediate Municipal Bond and the Missouri Municipal Bond products and related institutional portfolios. He also oversees various closed-end funds.
Paul Brennan
Start Date
Tenure
Tenure Rank
Dec 10, 2020
1.47
1.5%
Paul L. Brennan, CFA, is Senior Vice President and Portfolio Manager of Nuveen Asset Management. He began his career in the financial industry in 1991 as a municipal credit analyst for Flagship Financial Inc. (“Flagship”) before becoming a portfolio manager at Flagship in 1994. Mr. Brennan joined Nuveen Asset Management in 1997 when the firm acquired Flagship.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.08 | 35.05 | 7.37 | 1.58 |