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NCACX Nuveen CA Municipal Bond C2

  • Fund
  • NCACX
  • Price as of: Aug 08, 2016
  • $11.56
  • - $0.01
  • - 0.09%
  • Category
  • Single State Municipal Bonds

NCACX - Profile

Vitals

  • YTD Return 3.0%
  • 3 Yr Annualized Return 7.9%
  • 5 Yr Annualized Return 7.1%
  • Net Assets $1.3 B
  • Holdings in Top 10 19.1%

52 WEEK LOW AND HIGH

$11.56
$10.98
$11.69

Expenses

OPERATING RELATED FEES

  • Expense Ratio 1.31%

SALES FEES

  • Front Load N/A
  • Deferred Load 1.00%

BROKERAGE FEES

  • Turnover 22.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

Closed to new investors as of 2014-02-10

STANDARD (TAXABLE)

$0

IRA

N/A

Investment Themes

CATEGORY

Single State Municipal Bonds
  • Fund Type Open End Mutual Fund
  • Investment Style Muni California Long

Distributions

  • YTD Total Return 3.0%
  • 3 Yr Annualized Total Return 7.9%
  • 5 Yr Annualized Total Return 7.1%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 3.06%
DIVIDENDS
  • Dividend Yield N/A
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name Nuveen California Municipal Bond Fund
  • Fund Family Name Nuveen
  • Inception Date Sep 19, 1994
  • Shares Outstanding N/A
  • Share Class C
  • Currency USD
  • Domiciled Country United States
  • Manager Scott R. Romans

NCACX - Performance

Return Ranking - Trailing

Period NCACX Return Category Return Low Category Return High Rank in Category (%) Quintile
YTD 3.0% -22.9% 5.1% 6.78% 1
1 Yr 8.6% 0.0% 14.1% 8.60% 1
3 Yr 7.9% * 0.0% 12.0% 3.61% 1
5 Yr 7.1% * 0.0% 10.8% 2.35% 1
10 Yr 5.1% * 0.5% 6.1% 5.03% 1

* Annualized


Return Ranking - Calendar

Period NCACX Return Category Return Low Category Return High Rank in Category (%) Quintile
2015 1.3% -68.5% 1.8% 0.70% 1
2014 N/A 0.0% 7.4% N/A N/A
2013 N/A -16.0% -5.3% N/A N/A
2012 N/A 2.2% 6.5% N/A N/A
2011 N/A 4.2% 5.7% N/A N/A

Total Return Ranking - Trailing

Period NCACX Return Category Return Low Category Return High Rank in Category (%) Quintile
YTD 3.0% -22.9% 5.1% 6.82% 1
1 Yr 7.6% -4.6% 14.1% 8.62% 1
3 Yr 7.9% * -0.1% 12.0% 2.51% 1
5 Yr 7.1% * 0.0% 10.8% 2.04% 1
10 Yr 5.1% * 0.5% 6.1% 4.18% 1

* Annualized


Total Return Ranking - Calendar

Period NCACX Return Category Return Low Category Return High Rank in Category (%) Quintile
2015 1.3% -68.5% 1.8% 0.70% 1
2014 N/A 2.9% 7.4% N/A N/A
2013 N/A -16.0% -5.2% N/A N/A
2012 N/A 2.2% 6.5% N/A N/A
2011 N/A 4.2% 5.8% N/A N/A

NAV & Total Return History

NCACX - Holdings

Filings data as of: Jun 30, 2016

Concentration Analysis

NCACX Category Low Category High NCACX % Rank Quintile
Net Assets 1.3 B 6.75 M 15.1 B 2.81% 1
Number of Holdings 399 18 3403 2.33% 1
Net Assets in Top 10 243 M 1.73 M 2.2 B 2.62% 1
Weighting of Top 10 19.1% 4.1% 73.5% 22.38% 4

Top 10 Holdings

  1. Los Angeles Calif Cmnty Colleg Go Bds 5% 3.40%
  2. Golden St Tob Securitization C Enh 0.01% 3.37%
  3. California St For Previous Iss Tax 0.07% 2.77%
  4. Golden St Tob Securitization C Tobacc 5% 2.75%
  5. California St For Previous Iss Var Pu 5% 1.46%
  6. Los Angeles Calif Uni Sch Dist 5% 1.26%
  7. California Infrasct & Ec Rev Bds 4% 1.09%
  8. San Diego Cnty Calif Wtr Auth 5% 1.03%
  9. Westminster Calif Redev Agy Ta Tax 6.25% 0.99%
  10. Los Angeles Calif Wastewater S Rev Bd 5% 0.97%

Asset Allocation

Weighting Category Low Category High NCACX % Rank Quintile
Bonds
98.50% 0.00% 103.80% 11.24% 3
Cash
1.50% -4.51% 99.63% 15.31% 3
Other
0.00% -1.12% 23.51% 5.72% 3
Convertible Bonds
0.00% 0.00% 0.00% 0.10% 2
Preferred Stocks
0.00% 0.00% 0.00% 0.10% 2
Stocks
0.00% 0.00% 0.75% 0.87% 2

Bond Sector Breakdown

Weighting Category Low Category High NCACX % Rank Quintile
Municipal
98.50% 0.00% 104.40% 10.66% 3
Cash & Equivalents
1.50% -4.51% 99.63% 15.50% 3
Securitized
0.00% 0.00% 0.00% 0.10% 2
Corporate
0.00% 0.00% 5.92% 1.16% 2
Derivative
0.00% -0.15% 0.00% 0.10% 2
Government
0.00% -10.18% 5.10% 3.59% 3

Bond Geographic Breakdown

Weighting Category Low Category High NCACX % Rank Quintile
US
98.50% 0.00% 103.80% 11.24% 3
Non US
0.00% 0.00% 0.00% 0.10% 2

NCACX - Expenses

Operational Fees

NCACX Fees (% of AUM) Category Low Category High Rank in Category (%) Quintile
Expense Ratio 1.31% 0.12% 5.19% 8.14% 4
Management Fee 0.49% 0.00% 0.80% 1.36% 3
12b-1 Fee 0.75% 0.00% 1.00% 1.15% 4
Administrative Fee N/A 0.00% 0.33% N/A N/A

Sales Fees

NCACX Fees (% of AUM) Category Low Category High NCACX Rank Quintile
Front Load N/A 1.00% 5.75% N/A N/A
Deferred Load 1.00% 0.50% 5.50% 1.65% 2

Trading Fees

NCACX Fees (% of AUM) Category Low Category High NCACX Rank Quintile
Max Redemption Fee N/A 0.50% 2.00% N/A N/A

Turnover 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.

NCACX Fees (% of AUM) Category Low Category High NCACX Rank Quintile
Turnover 22.00% 0.00% 131.91% 3.90% 5

NCACX - Distributions

Dividend Yield Analysis

NCACX Category Low Category High NCACX % Rank Quintile
Dividend Yield N/A 0.00% 0.99% N/A N/A

Dividend Distribution Analysis

NCACX Category Low Category High Category Mode
Dividend Distribution Frequency Monthly Quarterly Monthly Annually

Dividend Payout History


Net Income Ratio Analysis

NCACX Category Low Category High NCACX % Rank Quintile
Net Income Ratio 3.06% 0.00% 7.39% 14.05% 3

Capital Gain Distribution Analysis

NCACX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Daily Annually

NCACX - Managers

Scott R. Romans

Manager

Start Date

Jan 31, 2003

Tenure

13.51

Tenure Rank

3.5%

Scott R. Romans, PhD, is Senior Vice President and Portfolio Manager of Nuveen Asset Management. He began his career in the financial industry in 2000 when he joined an affiliate of Nuveen Asset Management as a senior research analyst and assumed his portfolio management role in 2003.


Tenure Analysis

Category Low

0.1

Category High

36.9

Category Average

9.28

Category Mode

1.6