Name
As of 03/25/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
0.2%
1 yr return
2.7%
3 Yr Avg Return
-1.6%
5 Yr Avg Return
0.3%
Net Assets
$526 M
Holdings in Top 10
17.2%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 1.59%
SALES FEES
Front Load N/A
Deferred Load 1.00%
TRADING FEES
Turnover 7.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$3,000
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 03/25/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
NTCCX - Profile
Distributions
- YTD Total Return 0.2%
- 3 Yr Annualized Total Return -1.6%
- 5 Yr Annualized Total Return 0.3%
- Capital Gain Distribution Frequency N/A
- Net Income Ratio 1.28%
- Dividend Yield 2.7%
- Dividend Distribution Frequency Monthly
Fund Details
-
Legal NameNuveen Minnesota Municipal Bond Fund
-
Fund Family NameNuveen Funds
-
Inception DateFeb 10, 2014
-
Shares OutstandingN/A
-
Share ClassC
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerChristopher Drahn
Fund Description
NTCCX - Performance
Return Ranking - Trailing
Period | NTCCX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 0.2% | -2.4% | 12.5% | 52.00% |
1 Yr | 2.7% | -2.6% | 37.8% | 75.44% |
3 Yr | -1.6%* | -10.1% | 3.1% | 87.90% |
5 Yr | 0.3%* | -5.6% | 1103.2% | 86.43% |
10 Yr | 1.7%* | -0.2% | 248.4% | 62.16% |
* Annualized
Return Ranking - Calendar
Period | NTCCX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 2.0% | -1.4% | 41.0% | 74.16% |
2022 | -12.1% | -39.7% | 0.3% | 56.77% |
2021 | -0.2% | -5.6% | 6.9% | 39.02% |
2020 | 1.4% | -2.6% | 310.0% | 62.88% |
2019 | 4.5% | 0.0% | 26.0% | 26.98% |
Total Return Ranking - Trailing
Period | NTCCX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 0.2% | -2.4% | 12.5% | 52.00% |
1 Yr | 2.7% | -2.6% | 37.8% | 75.44% |
3 Yr | -1.6%* | -10.1% | 3.1% | 87.90% |
5 Yr | 0.3%* | -5.6% | 1103.2% | 86.43% |
10 Yr | 1.7%* | -0.2% | 248.4% | 62.16% |
* Annualized
Total Return Ranking - Calendar
Period | NTCCX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 4.5% | -1.3% | 41.0% | 73.64% |
2022 | -10.6% | -39.7% | 1.1% | 70.04% |
2021 | 0.8% | -4.8% | 23761504.0% | 69.78% |
2020 | 3.4% | -1.5% | 17057.9% | 65.25% |
2019 | 7.0% | 0.2% | 3514.6% | 36.41% |
NAV & Total Return History
NTCCX - Holdings
Concentration Analysis
NTCCX | Category Low | Category High | NTCCX % Rank | |
---|---|---|---|---|
Net Assets | 526 M | 3.48 M | 68.1 B | 43.13% |
Number of Holdings | 355 | 2 | 12848 | 35.63% |
Net Assets in Top 10 | 94.5 M | -317 M | 3.4 B | 43.94% |
Weighting of Top 10 | 17.19% | 1.9% | 100.4% | 53.84% |
Top 10 Holdings
- Duluth Economic Development Authority, Minnesota, Health Care Facilities Revenue Bonds, Essentia Health Obligated Group, Series 2018A 2.40%
- Western Minnesota Municipal Power Agency, Minnesota, Power Supply Revenue Bonds, Series 2018A 2.11%
- Minneapolis-St. Paul Metropolitan Airports Commission, Minnesota, Airport Revenue Bonds, Subordinate Lien Series 2022B 2.11%
- Minneapolis, Minnesota, Health Care System Revenue Bonds, Allina Health System, Series 2021 1.87%
- Saint Cloud, Minnesota, Health Care Revenue Bonds, CentraCare Health System, Series 2019 1.76%
- Saint Paul Housing and Redevelopment Authority, Minnesota, Health Care Facility Revenue Bonds, HealthPartners Obligated Group, Refunding Series 2015A 1.60%
- Minneapolis-St. Paul Metropolitan Airports Commission, Minnesota, Airport Revenue Bonds, Senior Lien Series 2016C 1.53%
- Southern Minnesota Municipal Power Agency, Power Supply System Revenue Bonds, Series 1994A 1.37%
- Minneapolis-St. Paul Metropolitan Airports Commission, Minnesota, Airport Revenue Bonds, Refunding Subordinate Lien Series 2019B 1.36%
- Puerto Rico Sales Tax Financing Corporation, Sales Tax Revenue Bonds, Restructured 2018A-1 1.07%
Asset Allocation
Weighting | Return Low | Return High | NTCCX % Rank | |
---|---|---|---|---|
Bonds | 98.95% | 0.00% | 150.86% | 39.54% |
Cash | 1.05% | -50.86% | 50.09% | 57.22% |
Stocks | 0.00% | 0.00% | 99.80% | 93.24% |
Preferred Stocks | 0.00% | 0.00% | 0.52% | 91.88% |
Other | 0.00% | -8.54% | 33.35% | 87.31% |
Convertible Bonds | 0.00% | 0.00% | 0.93% | 91.79% |
Bond Sector Breakdown
Weighting | Return Low | Return High | NTCCX % Rank | |
---|---|---|---|---|
Municipal | 98.70% | 44.39% | 100.00% | 44.57% |
Derivative | 0.00% | -8.54% | 23.38% | 86.34% |
Cash & Equivalents | 0.00% | 0.00% | 48.02% | 95.43% |
Securitized | 0.00% | 0.00% | 5.93% | 91.59% |
Corporate | 0.00% | 0.00% | 9.41% | 93.14% |
Government | 0.00% | 0.00% | 52.02% | 91.91% |
Bond Geographic Breakdown
Weighting | Return Low | Return High | NTCCX % Rank | |
---|---|---|---|---|
US | 98.95% | 0.00% | 142.23% | 37.31% |
Non US | 0.00% | 0.00% | 23.89% | 92.14% |
NTCCX - Expenses
Operational Fees
NTCCX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 1.59% | 0.01% | 20.65% | 10.65% |
Management Fee | 0.50% | 0.00% | 1.20% | 87.25% |
12b-1 Fee | 1.00% | 0.00% | 1.00% | 98.18% |
Administrative Fee | N/A | 0.01% | 0.44% | N/A |
Sales Fees
NTCCX 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% | 88.93% |
Trading Fees
NTCCX 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.
NTCCX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 7.00% | 0.00% | 283.00% | 12.12% |
NTCCX - Distributions
Dividend Yield Analysis
NTCCX | Category Low | Category High | NTCCX % Rank | |
---|---|---|---|---|
Dividend Yield | 2.66% | 0.00% | 14.36% | 64.78% |
Dividend Distribution Analysis
NTCCX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Monthly | Monthly | Monthly | Monthly |
Net Income Ratio Analysis
NTCCX | Category Low | Category High | NTCCX % Rank | |
---|---|---|---|---|
Net Income Ratio | 1.28% | -0.53% | 5.33% | 79.84% |
Capital Gain Distribution Analysis
NTCCX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Mar 01, 2024 | $0.024 | DailyAccrualFund |
Feb 01, 2024 | $0.025 | DailyAccrualFund |
Dec 29, 2023 | $0.025 | DailyAccrualFund |
Dec 01, 2023 | $0.025 | DailyAccrualFund |
Nov 01, 2023 | $0.022 | DailyAccrualFund |
Oct 02, 2023 | $0.022 | DailyAccrualFund |
Sep 01, 2023 | $0.022 | DailyAccrualFund |
Aug 01, 2023 | $0.022 | DailyAccrualFund |
Jul 03, 2023 | $0.022 | DailyAccrualFund |
Jun 01, 2023 | $0.022 | DailyAccrualFund |
May 01, 2023 | $0.022 | DailyAccrualFund |
Apr 03, 2023 | $0.022 | DailyAccrualFund |
Mar 01, 2023 | $0.022 | DailyAccrualFund |
Feb 01, 2023 | $0.021 | DailyAccrualFund |
Dec 30, 2022 | $0.021 | DailyAccrualFund |
Dec 01, 2022 | $0.021 | DailyAccrualFund |
Nov 01, 2022 | $0.018 | DailyAccrualFund |
Oct 03, 2022 | $0.018 | DailyAccrualFund |
Sep 01, 2022 | $0.018 | DailyAccrualFund |
Aug 01, 2022 | $0.016 | DailyAccrualFund |
Jul 01, 2022 | $0.013 | DailyAccrualFund |
Jun 01, 2022 | $0.013 | DailyAccrualFund |
May 02, 2022 | $0.012 | DailyAccrualFund |
Apr 01, 2022 | $0.012 | DailyAccrualFund |
Mar 01, 2022 | $0.012 | DailyAccrualFund |
Feb 01, 2022 | $0.010 | DailyAccrualFund |
Dec 31, 2021 | $0.010 | DailyAccrualFund |
Dec 01, 2021 | $0.010 | DailyAccrualFund |
Nov 01, 2021 | $0.009 | DailyAccrualFund |
Oct 01, 2021 | $0.009 | DailyAccrualFund |
Aug 02, 2021 | $0.009 | DailyAccrualFund |
Jul 01, 2021 | $0.009 | DailyAccrualFund |
Jun 01, 2021 | $0.009 | DailyAccrualFund |
May 03, 2021 | $0.013 | DailyAccrualFund |
Apr 01, 2021 | $0.013 | DailyAccrualFund |
Mar 01, 2021 | $0.013 | DailyAccrualFund |
Feb 01, 2021 | $0.013 | DailyAccrualFund |
Dec 31, 2020 | $0.013 | DailyAccrualFund |
Dec 01, 2020 | $0.015 | DailyAccrualFund |
Nov 02, 2020 | $0.015 | DailyAccrualFund |
Oct 01, 2020 | $0.015 | DailyAccrualFund |
Sep 01, 2020 | $0.015 | DailyAccrualFund |
Aug 03, 2020 | $0.017 | DailyAccrualFund |
Jul 01, 2020 | $0.017 | DailyAccrualFund |
Jun 01, 2020 | $0.017 | DailyAccrualFund |
May 01, 2020 | $0.020 | DailyAccrualFund |
Apr 01, 2020 | $0.020 | DailyAccrualFund |
Mar 02, 2020 | $0.020 | DailyAccrualFund |
Feb 03, 2020 | $0.022 | DailyAccrualFund |
Dec 31, 2019 | $0.022 | DailyAccrualFund |
Dec 02, 2019 | $0.022 | DailyAccrualFund |
Nov 01, 2019 | $0.022 | DailyAccrualFund |
Oct 01, 2019 | $0.022 | DailyAccrualFund |
Sep 03, 2019 | $0.022 | DailyAccrualFund |
Aug 01, 2019 | $0.022 | DailyAccrualFund |
Jul 01, 2019 | $0.022 | DailyAccrualFund |
Jun 03, 2019 | $0.022 | DailyAccrualFund |
May 01, 2019 | $0.022 | DailyAccrualFund |
Apr 01, 2019 | $0.022 | DailyAccrualFund |
Mar 01, 2019 | $0.022 | DailyAccrualFund |
Feb 01, 2019 | $0.022 | DailyAccrualFund |
Dec 31, 2018 | $0.022 | DailyAccrualFund |
Dec 03, 2018 | $0.022 | DailyAccrualFund |
Oct 01, 2018 | $0.022 | DailyAccrualFund |
Sep 04, 2018 | $0.022 | DailyAccrualFund |
Aug 01, 2018 | $0.022 | DailyAccrualFund |
Jul 02, 2018 | $0.022 | DailyAccrualFund |
Jun 01, 2018 | $0.022 | DailyAccrualFund |
May 01, 2018 | $0.022 | DailyAccrualFund |
Apr 02, 2018 | $0.022 | DailyAccrualFund |
Mar 01, 2018 | $0.022 | DailyAccrualFund |
Feb 01, 2018 | $0.022 | DailyAccrualFund |
Dec 29, 2017 | $0.022 | DailyAccrualFund |
Dec 07, 2017 | $0.018 | DailyAccrualFund |
Dec 01, 2017 | $0.022 | DailyAccrualFund |
Nov 01, 2017 | $0.022 | DailyAccrualFund |
Oct 02, 2017 | $0.022 | DailyAccrualFund |
Sep 01, 2017 | $0.022 | DailyAccrualFund |
Aug 01, 2017 | $0.022 | DailyAccrualFund |
Jul 03, 2017 | $0.022 | DailyAccrualFund |
Jun 01, 2017 | $0.022 | DailyAccrualFund |
May 01, 2017 | $0.022 | DailyAccrualFund |
Apr 03, 2017 | $0.022 | DailyAccrualFund |
Mar 01, 2017 | $0.022 | DailyAccrualFund |
Feb 01, 2017 | $0.022 | DailyAccrualFund |
Dec 30, 2016 | $0.022 | DailyAccrualFund |
Dec 01, 2016 | $0.022 | DailyAccrualFund |
Nov 01, 2016 | $0.023 | DailyAccrualFund |
Oct 03, 2016 | $0.023 | DailyAccrualFund |
Sep 01, 2016 | $0.023 | DailyAccrualFund |
Aug 01, 2016 | $0.026 | DailyAccrualFund |
Jul 01, 2016 | $0.026 | DailyAccrualFund |
Jun 01, 2016 | $0.026 | DailyAccrualFund |
May 02, 2016 | $0.028 | DailyAccrualFund |
Apr 01, 2016 | $0.028 | DailyAccrualFund |
Mar 01, 2016 | $0.028 | DailyAccrualFund |
Feb 01, 2016 | $0.028 | DailyAccrualFund |
Dec 31, 2015 | $0.028 | DailyAccrualFund |
Dec 01, 2015 | $0.028 | DailyAccrualFund |
Nov 02, 2015 | $0.029 | DailyAccrualFund |
Oct 01, 2015 | $0.029 | DailyAccrualFund |
Sep 01, 2015 | $0.029 | DailyAccrualFund |
Aug 03, 2015 | $0.029 | DailyAccrualFund |
Jul 01, 2015 | $0.029 | DailyAccrualFund |
Jun 01, 2015 | $0.029 | DailyAccrualFund |
May 01, 2015 | $0.029 | DailyAccrualFund |
Apr 01, 2015 | $0.029 | DailyAccrualFund |
Mar 02, 2015 | $0.029 | DailyAccrualFund |
Feb 02, 2015 | $0.029 | DailyAccrualFund |
Dec 31, 2014 | $0.029 | DailyAccrualFund |
Dec 01, 2014 | $0.029 | DailyAccrualFund |
Nov 03, 2014 | $0.029 | DailyAccrualFund |
Oct 01, 2014 | $0.029 | DailyAccrualFund |
Sep 02, 2014 | $0.029 | DailyAccrualFund |
Aug 01, 2014 | $0.029 | DailyAccrualFund |
Jul 01, 2014 | $0.029 | DailyAccrualFund |
Jun 02, 2014 | $0.029 | DailyAccrualFund |
May 01, 2014 | $0.029 | DailyAccrualFund |
Apr 01, 2014 | $0.029 | DailyAccrualFund |
Mar 03, 2014 | $0.029 | DailyAccrualFund |
NTCCX - Fund Manager Analysis
Managers
Christopher Drahn
Start Date
Tenure
Tenure Rank
Nov 08, 2016
5.56
5.6%
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.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.08 | 35.05 | 7.36 | 1.58 |