Name
As of 04/22/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
-1.6%
1 yr return
1.1%
3 Yr Avg Return
-3.2%
5 Yr Avg Return
-0.3%
Net Assets
$537 M
Holdings in Top 10
23.2%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 1.61%
SALES FEES
Front Load N/A
Deferred Load 1.00%
TRADING FEES
Turnover 10.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$3,000
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 04/22/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
FDCCX - Profile
Distributions
- YTD Total Return -1.6%
- 3 Yr Annualized Total Return -3.2%
- 5 Yr Annualized Total Return -0.3%
- Capital Gain Distribution Frequency N/A
- Net Income Ratio 1.18%
- Dividend Yield 0.0%
- Dividend Distribution Frequency Monthly
Fund Details
-
Legal NameNuveen North Carolina Municipal Bond Fund
-
Fund Family NameNuveen Funds
-
Inception DateFeb 10, 2014
-
Shares OutstandingN/A
-
Share ClassC
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerDaniel Close
Fund Description
FDCCX - Performance
Return Ranking - Trailing
Period | FDCCX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | -1.6% | -4.6% | 8.9% | 93.12% |
1 Yr | 1.1% | -3.5% | 31.0% | 91.75% |
3 Yr | -3.2%* | -11.3% | 2.5% | 94.23% |
5 Yr | -0.3%* | -6.0% | 1102.0% | 93.12% |
10 Yr | 0.9%* | -0.4% | 248.1% | 87.60% |
* Annualized
Return Ranking - Calendar
Period | FDCCX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 2.7% | -1.4% | 41.0% | 51.20% |
2022 | -12.6% | -39.7% | 0.3% | 64.38% |
2021 | -0.6% | -5.6% | 6.9% | 53.85% |
2020 | 2.6% | -2.6% | 310.0% | 13.10% |
2019 | 4.6% | 0.0% | 26.0% | 22.28% |
Total Return Ranking - Trailing
Period | FDCCX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | -1.6% | -4.6% | 8.9% | 93.12% |
1 Yr | 1.1% | -3.5% | 31.0% | 91.75% |
3 Yr | -3.2%* | -11.3% | 2.5% | 94.23% |
5 Yr | -0.3%* | -6.0% | 1102.0% | 93.12% |
10 Yr | 0.9%* | -0.4% | 248.1% | 87.60% |
* Annualized
Total Return Ranking - Calendar
Period | FDCCX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 4.5% | -1.3% | 41.0% | 75.21% |
2022 | -11.7% | -39.7% | 1.1% | 83.64% |
2021 | 0.3% | -4.8% | 23761504.0% | 80.41% |
2020 | 4.1% | -1.5% | 17057.9% | 37.68% |
2019 | 6.5% | 0.2% | 3514.6% | 50.56% |
NAV & Total Return History
FDCCX - Holdings
Concentration Analysis
FDCCX | Category Low | Category High | FDCCX % Rank | |
---|---|---|---|---|
Net Assets | 537 M | 3.22 M | 71.9 B | 44.62% |
Number of Holdings | 208 | 2 | 13067 | 55.99% |
Net Assets in Top 10 | 117 M | -317 M | 3.4 B | 36.89% |
Weighting of Top 10 | 23.21% | 1.9% | 100.4% | 26.36% |
Top 10 Holdings
- North Carolina Medical Care Commission, Health Care Facilities Revenue Bonds, Novant Health Obligated Group, Series 2019A 4.11%
- Greensboro, North Carolina, Combined Enterprise System Revenue Bonds, Series 2022 2.86%
- North Carolina Turnpike Authority, Triangle Expressway System Revenue Bonds, Senior Lien Series 2009B 2.58%
- North Carolina State, General Obligation Bonds, Series 2015A 2.31%
- North Carolina Turnpike Authority, Triangle Expressway System Revenue Bonds, Senior Lien Series 2009B 2.31%
- North Carolina Department of Transportation, Private Activity Revenue Bonds, I-77 Hot Lanes Project, Series 2015 2.21%
- North Carolina State, Limited Obligation Bonds, Refunding Series 2017B 1.89%
- University of North Carolina, Chapel Hill, Revenue Bonds, Hospital System, Series 2019 1.74%
- North Carolina Turnpike Authority, Triangle Expressway System Revenue Bonds, Senior Lien Series 2009B 1.67%
- North Carolina Capital Facilities Financing Agency, Educational Facility Revenue Bonds, Wake Forest University, Series 2018 1.53%
Asset Allocation
Weighting | Return Low | Return High | FDCCX % Rank | |
---|---|---|---|---|
Bonds | 97.24% | 0.00% | 150.86% | 72.12% |
Cash | 2.76% | -50.86% | 50.09% | 23.43% |
Stocks | 0.00% | 0.00% | 99.81% | 15.20% |
Preferred Stocks | 0.00% | 0.00% | 0.52% | 3.30% |
Other | 0.00% | -3.18% | 33.35% | 12.69% |
Convertible Bonds | 0.00% | 0.00% | 0.93% | 2.86% |
Bond Sector Breakdown
Weighting | Return Low | Return High | FDCCX % Rank | |
---|---|---|---|---|
Municipal | 99.93% | 44.39% | 100.00% | 15.59% |
Derivative | 0.00% | -3.18% | 23.38% | 9.00% |
Cash & Equivalents | 0.00% | 0.00% | 48.02% | 57.41% |
Securitized | 0.00% | 0.00% | 5.93% | 4.48% |
Corporate | 0.00% | 0.00% | 9.41% | 21.51% |
Government | 0.00% | 0.00% | 52.02% | 10.40% |
Bond Geographic Breakdown
Weighting | Return Low | Return High | FDCCX % Rank | |
---|---|---|---|---|
US | 97.24% | 0.00% | 142.23% | 68.54% |
Non US | 0.00% | 0.00% | 23.89% | 13.01% |
FDCCX - Expenses
Operational Fees
FDCCX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 1.61% | 0.01% | 20.65% | 8.88% |
Management Fee | 0.49% | 0.00% | 1.20% | 76.46% |
12b-1 Fee | 1.00% | 0.00% | 1.00% | 81.25% |
Administrative Fee | N/A | 0.01% | 0.44% | N/A |
Sales Fees
FDCCX 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% | 15.89% |
Trading Fees
FDCCX 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.
FDCCX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 10.00% | 0.00% | 283.00% | 20.20% |
FDCCX - Distributions
Dividend Yield Analysis
FDCCX | Category Low | Category High | FDCCX % Rank | |
---|---|---|---|---|
Dividend Yield | 0.00% | 0.00% | 14.56% | 90.75% |
Dividend Distribution Analysis
FDCCX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Monthly | Monthly | Monthly | Monthly |
Net Income Ratio Analysis
FDCCX | Category Low | Category High | FDCCX % Rank | |
---|---|---|---|---|
Net Income Ratio | 1.18% | -0.53% | 5.33% | 82.45% |
Capital Gain Distribution Analysis
FDCCX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Apr 01, 2024 | $0.016 | OrdinaryDividend |
Mar 01, 2024 | $0.016 | DailyAccrualFund |
Feb 01, 2024 | $0.016 | DailyAccrualFund |
Dec 29, 2023 | $0.016 | DailyAccrualFund |
Dec 01, 2023 | $0.016 | DailyAccrualFund |
Nov 01, 2023 | $0.014 | DailyAccrualFund |
Oct 02, 2023 | $0.014 | DailyAccrualFund |
Sep 01, 2023 | $0.014 | DailyAccrualFund |
Aug 01, 2023 | $0.014 | DailyAccrualFund |
Jul 03, 2023 | $0.014 | DailyAccrualFund |
Jun 01, 2023 | $0.014 | DailyAccrualFund |
May 01, 2023 | $0.013 | DailyAccrualFund |
Apr 03, 2023 | $0.013 | DailyAccrualFund |
Mar 01, 2023 | $0.013 | DailyAccrualFund |
Feb 01, 2023 | $0.012 | DailyAccrualFund |
Dec 30, 2022 | $0.012 | DailyAccrualFund |
Dec 01, 2022 | $0.012 | DailyAccrualFund |
Nov 01, 2022 | $0.009 | DailyAccrualFund |
Oct 03, 2022 | $0.009 | DailyAccrualFund |
Sep 01, 2022 | $0.009 | DailyAccrualFund |
Aug 01, 2022 | $0.009 | DailyAccrualFund |
Jul 01, 2022 | $0.008 | DailyAccrualFund |
Jun 01, 2022 | $0.008 | DailyAccrualFund |
May 02, 2022 | $0.006 | DailyAccrualFund |
Apr 01, 2022 | $0.006 | DailyAccrualFund |
Mar 01, 2022 | $0.006 | DailyAccrualFund |
Feb 01, 2022 | $0.007 | DailyAccrualFund |
Dec 31, 2021 | $0.007 | DailyAccrualFund |
Dec 01, 2021 | $0.007 | DailyAccrualFund |
Nov 01, 2021 | $0.007 | DailyAccrualFund |
Oct 01, 2021 | $0.007 | DailyAccrualFund |
Aug 02, 2021 | $0.009 | DailyAccrualFund |
Jul 01, 2021 | $0.009 | DailyAccrualFund |
Jun 01, 2021 | $0.009 | DailyAccrualFund |
May 03, 2021 | $0.009 | DailyAccrualFund |
Apr 01, 2021 | $0.009 | DailyAccrualFund |
Mar 01, 2021 | $0.009 | DailyAccrualFund |
Feb 01, 2021 | $0.011 | DailyAccrualFund |
Dec 31, 2020 | $0.011 | DailyAccrualFund |
Dec 01, 2020 | $0.011 | DailyAccrualFund |
Nov 02, 2020 | $0.013 | DailyAccrualFund |
Oct 01, 2020 | $0.013 | DailyAccrualFund |
Sep 01, 2020 | $0.013 | DailyAccrualFund |
Aug 03, 2020 | $0.013 | DailyAccrualFund |
Jul 01, 2020 | $0.013 | DailyAccrualFund |
Jun 01, 2020 | $0.013 | DailyAccrualFund |
May 01, 2020 | $0.013 | DailyAccrualFund |
Apr 01, 2020 | $0.013 | DailyAccrualFund |
Mar 02, 2020 | $0.013 | DailyAccrualFund |
Feb 03, 2020 | $0.014 | DailyAccrualFund |
Dec 31, 2019 | $0.014 | DailyAccrualFund |
Dec 02, 2019 | $0.014 | DailyAccrualFund |
Nov 01, 2019 | $0.014 | DailyAccrualFund |
Oct 01, 2019 | $0.014 | DailyAccrualFund |
Sep 03, 2019 | $0.014 | DailyAccrualFund |
Aug 01, 2019 | $0.014 | DailyAccrualFund |
Jul 01, 2019 | $0.014 | DailyAccrualFund |
Jun 03, 2019 | $0.014 | DailyAccrualFund |
May 01, 2019 | $0.017 | DailyAccrualFund |
Apr 01, 2019 | $0.017 | DailyAccrualFund |
Mar 01, 2019 | $0.017 | DailyAccrualFund |
Feb 01, 2019 | $0.017 | DailyAccrualFund |
Dec 31, 2018 | $0.017 | DailyAccrualFund |
Dec 03, 2018 | $0.017 | DailyAccrualFund |
Oct 01, 2018 | $0.017 | DailyAccrualFund |
Sep 04, 2018 | $0.017 | DailyAccrualFund |
Aug 01, 2018 | $0.017 | DailyAccrualFund |
Jul 02, 2018 | $0.017 | DailyAccrualFund |
Jun 01, 2018 | $0.017 | DailyAccrualFund |
May 01, 2018 | $0.019 | DailyAccrualFund |
Apr 02, 2018 | $0.019 | DailyAccrualFund |
Mar 01, 2018 | $0.019 | DailyAccrualFund |
Feb 01, 2018 | $0.019 | DailyAccrualFund |
Dec 29, 2017 | $0.019 | DailyAccrualFund |
Dec 01, 2017 | $0.019 | DailyAccrualFund |
Nov 01, 2017 | $0.019 | DailyAccrualFund |
Oct 02, 2017 | $0.019 | DailyAccrualFund |
Sep 01, 2017 | $0.019 | DailyAccrualFund |
Aug 01, 2017 | $0.019 | DailyAccrualFund |
Jul 03, 2017 | $0.019 | DailyAccrualFund |
Jun 01, 2017 | $0.019 | DailyAccrualFund |
May 01, 2017 | $0.019 | DailyAccrualFund |
Apr 03, 2017 | $0.019 | DailyAccrualFund |
Mar 01, 2017 | $0.019 | DailyAccrualFund |
Feb 01, 2017 | $0.019 | DailyAccrualFund |
Dec 30, 2016 | $0.019 | DailyAccrualFund |
Dec 01, 2016 | $0.019 | DailyAccrualFund |
Nov 01, 2016 | $0.019 | DailyAccrualFund |
Oct 03, 2016 | $0.019 | DailyAccrualFund |
Sep 01, 2016 | $0.019 | DailyAccrualFund |
Aug 01, 2016 | $0.020 | DailyAccrualFund |
Jul 01, 2016 | $0.020 | DailyAccrualFund |
Jun 01, 2016 | $0.020 | DailyAccrualFund |
May 02, 2016 | $0.021 | DailyAccrualFund |
Apr 01, 2016 | $0.021 | DailyAccrualFund |
Mar 01, 2016 | $0.021 | DailyAccrualFund |
Feb 01, 2016 | $0.021 | DailyAccrualFund |
Dec 31, 2015 | $0.021 | DailyAccrualFund |
Dec 01, 2015 | $0.021 | DailyAccrualFund |
Nov 02, 2015 | $0.021 | DailyAccrualFund |
Oct 01, 2015 | $0.021 | DailyAccrualFund |
Sep 01, 2015 | $0.021 | DailyAccrualFund |
Aug 03, 2015 | $0.021 | DailyAccrualFund |
Jul 01, 2015 | $0.021 | DailyAccrualFund |
Jun 01, 2015 | $0.021 | DailyAccrualFund |
May 01, 2015 | $0.021 | DailyAccrualFund |
Apr 01, 2015 | $0.021 | DailyAccrualFund |
Mar 02, 2015 | $0.021 | DailyAccrualFund |
Feb 02, 2015 | $0.023 | DailyAccrualFund |
Dec 31, 2014 | $0.023 | DailyAccrualFund |
Dec 08, 2014 | $0.001 | ExtraDividend |
Dec 01, 2014 | $0.023 | DailyAccrualFund |
Nov 03, 2014 | $0.023 | DailyAccrualFund |
Oct 01, 2014 | $0.023 | DailyAccrualFund |
Sep 02, 2014 | $0.023 | DailyAccrualFund |
Aug 01, 2014 | $0.023 | DailyAccrualFund |
Jul 01, 2014 | $0.023 | DailyAccrualFund |
Jun 02, 2014 | $0.023 | DailyAccrualFund |
May 01, 2014 | $0.025 | DailyAccrualFund |
Apr 01, 2014 | $0.025 | DailyAccrualFund |
Mar 03, 2014 | $0.025 | DailyAccrualFund |
FDCCX - Fund Manager Analysis
Managers
Daniel Close
Start Date
Tenure
Tenure Rank
Mar 01, 2007
15.26
15.3%
Dan is the lead portfolio manager for the firm’s taxable municipal strategies. He manages several state-specific municipal bond strategies, including Georgia, Kentucky, Michigan, North Carolina, Ohio and Tennessee, and related institutional portfolios. Dan also serves as portfolio manager for the inflation-protected strategy and national closed-end funds. Prior to his current position, he served as a research analyst covering the corporate-backed, energy, transportation and utilities sectors. Before joining the firm in 2000, he worked as an analyst at Banc of America Securities specializing in originating and structuring asset-backed securities. Dan received a BS in business from Miami University in Ohio and an MBA at the J.L. Kellogg School of Management at Northwestern University. He also holds the Chartered Financial Analyst® designation and is a member of the CFA® Institute and the CFA Society of Chicago. CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.08 | 35.05 | 7.37 | 1.58 |