FBNCX: Nuveen NC Municipal Bond B

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FBNCX Nuveen NC Municipal Bond B


Profile

FBNCX - Profile

Vitals

  • YTD Return N/A
  • 3 Yr Annualized Return 2.1%
  • 5 Yr Annualized Return 5.1%
  • Net Assets $410 M
  • Holdings in Top 10 20.8%

52 WEEK LOW AND HIGH

N/A
N/A
N/A

Expenses

OPERATING RELATED FEES

  • Expense Ratio 1.56%

SALES FEES

  • Front Load N/A
  • Deferred Load 5.00%

BROKERAGE FEES

  • Turnover 10.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

Closed to new investors as of Dec 31, 2008
  • Standard (Taxable) $3,000
  • IRA N/A

Fund Classification

  • Primary Caregory N/A
  • Fund Type Open End Mutual Fund
  • Investment Style Muni Single State Long

Distributions

  • YTD Total Return N/A
  • 3 Yr Annualized Total Return 0.9%
  • 5 Yr Annualized Total Return 4.8%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 2.74%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name
    Nuveen North Carolina Municipal Bond Fund
  • Fund Family Name
    Nuveen
  • Inception Date
    Feb 25, 1997
  • Shares Outstanding
    N/A
  • Share Class
    B
  • Currency
    USD
  • Domiciled Country
    United States

Fund Description

The fund normally invests at least 80% of its net assets in investment grade municipal bonds rated BBB/Baa or higher at the time of purchase by at least one independent rating agency, or, if unrated, judged by the fund's sub-adviser to be of comparable quality. The fund may invest up to 20% of its net assets in below investment grade municipal bonds, commonly referred to as "high yield" or "junk" bonds.


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Categories

FBNCX - Mutual Fund Categories


Performance

FBNCX - Performance

Return Ranking - Trailing

Period FBNCX Return Category Return Low Category Return High Rank in Category (%)
YTD N/A -50.0% 268.1% N/A
1 Yr -4.0% -64.8% 268.1% N/A
3 Yr 2.1%* -100.0% 115.6% N/A
5 Yr 5.1%* -100.0% 58.6% N/A
10 Yr 3.2%* -12.1% 26.2% N/A

* Annualized

Return Ranking - Calendar

Period FBNCX Return Category Return Low Category Return High Rank in Category (%)
2019 N/A -100.0% 73.0% N/A
2018 N/A -76.0% 212.6% N/A
2017 N/A -65.0% 900.0% N/A
2016 N/A -87.3% 336.8% N/A
2015 N/A -60.1% 304.1% N/A

Total Return Ranking - Trailing

Period FBNCX Return Category Return Low Category Return High Rank in Category (%)
YTD N/A -50.0% 268.1% N/A
1 Yr -8.7% -64.8% 268.1% N/A
3 Yr 0.9%* -100.0% 115.6% N/A
5 Yr 4.8%* -100.0% 58.6% N/A
10 Yr 3.2%* -12.1% 26.3% N/A

* Annualized

Total Return Ranking - Calendar

Period FBNCX Return Category Return Low Category Return High Rank in Category (%)
2019 N/A -100.0% 76.6% N/A
2018 N/A -30.7% 212.6% N/A
2017 N/A -65.0% 900.0% N/A
2016 N/A -87.3% 341.1% N/A
2015 N/A -60.1% 304.1% N/A

NAV & Total Return History


Holdings

FBNCX - Holdings

Concentration Analysis

FBNCX Category Low Category High FBNCX % Rank
Net Assets 410 M 10 804 B N/A
Number of Holdings 172 1 17333 N/A
Net Assets in Top 10 84 M -7.11 B 145 B N/A
Weighting of Top 10 20.79% 0.0% 20474.3% N/A

Top 10 Holdings

  1. North Carolina Tpk Auth 5.75% 2.71%
  2. Charlotte N C Arpt Rev Airport R 5.375% 2.70%
  3. Univ N C Chapel Hill Rev General R 5% 2.68%
  4. North Carolina Tpk Auth 5% 2.44%
  5. Brunswick Cnty N C Entpr Rev Bds 5% 2.06%
  6. North Carolina Med Care Commn Mtg Rev 5% 1.75%
  7. Durham N C Util Sys Rev Rev Ref B 5% 1.66%
  8. North Carolina Tpk Auth 1.63%
  9. Charlotte N C Arpt Rev Airport R 5.5% 1.61%
  10. North Carolina Eastn Mun Pwr A Pwr Sy 6% 1.56%

Asset Allocation

Weighting Return Low Return High FBNCX % Rank
Bonds
100.00% -955.59% 2458.15% N/A
Stocks
0.00% -142.98% 259.25% N/A
Preferred Stocks
0.00% -21.20% 80.89% N/A
Other
0.00% -7288.76% 493.15% N/A
Convertible Bonds
0.00% -0.37% 144.58% N/A
Cash
0.00% -2458.20% 7388.76% N/A

Bond Sector Breakdown

Weighting Return Low Return High FBNCX % Rank
Municipal
100.00% 0.00% 165.37% N/A
Derivative
0.00% -511.61% 54.22% N/A
Cash & Equivalents
0.00% -2458.20% 7388.76% N/A
Securitized
0.00% -24.16% 264.51% N/A
Corporate
0.00% -46.36% 3345.86% N/A
Government
0.00% -3298.93% 2458.15% N/A

Bond Geographic Breakdown

Weighting Return Low Return High FBNCX % Rank
US
100.00% -955.59% 2458.15% N/A
Non US
0.00% -153.97% 464.75% N/A

Expenses

FBNCX - Expenses

Operational Fees

FBNCX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.56% -2.86% 950.64% N/A
Management Fee 0.50% 0.00% 2.87% N/A
12b-1 Fee 0.95% 0.00% 1.00% N/A
Administrative Fee N/A 0.00% 52000.00% N/A

Sales Fees

FBNCX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 0.00% 25.00% N/A
Deferred Load 5.00% 0.25% 5.50% N/A

Trading Fees

FBNCX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 0.00% 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.

FBNCX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 10.00% 0.00% 5067.00% N/A

Distributions

FBNCX - Distributions

Dividend Yield Analysis

FBNCX Category Low Category High FBNCX % Rank
Dividend Yield 0.00% 0.00% 84.51% N/A

Dividend Distribution Analysis

FBNCX Category Low Category High Category Mod
Dividend Distribution Frequency Monthly Annually Monthly Annually

Net Income Ratio Analysis

FBNCX Category Low Category High FBNCX % Rank
Net Income Ratio 2.74% -46.00% 10.88% N/A

Capital Gain Distribution Analysis

FBNCX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually Annually

Dividend Payout History

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Fund Manager Analysis

FBNCX - Fund Manager Analysis

Tenure Analysis

Category Low Category High Category Average Category Mode
0.01 33.52 5.37 3.25