Morningstar

Nuveen Limited Term Municipal Bond Fund Class C FAFJX

Morningstar Medalist Rating
Unlock
Medalist Rating as of See Nuveen Investment Hub
  • NAV / 1-Day Return $10.75  /  +0.19 %
  • Fund Size $3.7B
  • Adjusted Expense Ratio 1.430%
  • Net Expense Ratio 1.430%
  • Fee Level: Distribution Above Average
  • Share Class Type Level Load
  • Morningstar Category Muni National Short
  • Fixed-Income Style Box (Funds) Medium/Limited
  • Minimum Initial Investment $2,500
  • Investment Status Open
  • TTM Yield 1.94%
  • Average Effective Duration 3.30 yrs
NAV and 1-Day Return as of

Morningstar’s Analysis FAFJX

Will FAFJX outperform in the 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 FAFJX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

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

An aggressive short-term muni option.

Associate Director Tom Murphy

Tom Murphy

Associate Director

Summary

Nuveen Limited Term Municipal Bond draws on extensive muni resources, but team changes and a process that takes more risks than many muni-national short Morningstar Category peers temper the strategy’s appeal.

by Tom Murphy
Rated on Published on

Unlock our full analysis with Morningstar Investor

Portfolio Holdings FAFJX

More FAFJX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 4.8
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Net Receivable For Sale Of Vistra Vision Class B Units

1.26 46M
Cash and Equivalents

NEW YORK N Y 5%

0.75 28M
municipal

PUERTO RICO SALES TAX FING CORP SALES TAX REV 0%

0.60 22M
municipal

INDIANA ST FIN AUTH ENVIRONMENTAL REV 4%

0.56 21M
municipal

CALIFORNIA MUN FIN AUTH REV 3%

0.49 18M
municipal

TRIMBLE CNTY KY POLLUTN CTL REV 1.3%

0.48 18M
municipal

ALASKA HSG FIN CORP MTG REV 2%

0.48 18M
municipal

OHIO ST AIR QUALITY DEV AUTH REV 4.25%

0.47 17M
municipal

GREATER ORLANDO AVIATION AUTH ORLANDO FLA ARPT FACS REV 5%

0.47 17M
municipal

SEATTLE WASH MUN LT & PWR REV 3.5%

0.46 17M
municipal

Sponsor Center