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Trending ETFs

Name

As of 06/04/2021

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

$11.37

$8.01 B

0.00%

0.97%

Vitals

YTD Return

0.2%

1 yr return

2.5%

3 Yr Avg Return

3.0%

5 Yr Avg Return

1.9%

Net Assets

$8.01 B

Holdings in Top 10

6.7%

52 WEEK LOW AND HIGH

$11.4
$11.21
$11.41

Expenses

OPERATING FEES

Expense Ratio 0.97%

SALES FEES

Front Load N/A

Deferred Load 1.00%

TRADING FEES

Turnover 18.00%

Redemption Fee N/A


Min Investment

Standard (Taxable)

$0

IRA

N/A


Fund Classification

Fund Type

Open End Mutual Fund


Name

As of 06/04/2021

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

$11.37

$8.01 B

0.00%

0.97%

FLTCX - Profile

Distributions

  • YTD Total Return 0.2%
  • 3 Yr Annualized Total Return 3.0%
  • 5 Yr Annualized Total Return 1.9%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 1.03%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name
    Nuveen Limited Term Municipal Bond Fund
  • Fund Family Name
    Nuveen
  • Inception Date
    Dec 01, 1995
  • Shares Outstanding
    N/A
  • Share Class
    C
  • Currency
    USD
  • Domiciled Country
    United States

Fund Description

Under normal market conditions, the Fund invests at least 80% of the sum of its net assets and the amount of any borrowings for investment purposes in municipal bonds that pay interest that is exempt from regular federal personal income tax. These municipal bonds include obligations issued by U.S. states and their subdivisions, authorities, instrumentalities and corporations, as well as obligations issued by U.S. territories (such as Puerto Rico, the U.S. Virgin Islands and Guam) that pay interest that is exempt from regular federal personal income tax. The Fund may invest without limit in securities that generate income subject to the alternative minimum tax. The Fund generally invests in bonds with short-to intermediate-term maturities. The Fund will attempt to maintain the weighted average maturity of its portfolio securities at three to seven years under normal market conditions.
Under normal market conditions, the Fund 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.
The Fund may invest in all types of municipal bonds, including general obligation bonds, revenue bonds and participation interests in municipal leases. The Fund may invest in zero coupon bonds, which are issued at substantial discounts from their value at maturity and pay no cash income to their holders until they mature.
The Fund may invest up to 15% of its net assets in municipal securities whose interest payments vary inversely with changes in short-term tax-exempt interest rates (“inverse floaters”). Inverse floaters are derivative securities that provide leveraged exposure to underlying municipal bonds. The Fund’s investments in inverse floaters are designed to increase the Fund’s income and returns through this leveraged exposure. These investments are speculative, however, and also create the possibility that income and returns will be diminished.
The Fund may utilize the following derivatives: futures contracts; options on futures contracts; swap agreements, including interest rate swaps, and options on swap agreements. The Fund may use these derivatives in an attempt to manage market risk, credit risk and yield curve risk, and to manage the effective maturity or duration of securities in the Fund’s portfolio.
The Fund’s sub-adviser uses a value-oriented strategy and looks for higher-yielding and undervalued municipal bonds that offer above-average total return. The sub-adviser may choose to sell municipal bonds with deteriorating credit or limited upside potential compared to other available bonds.
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FLTCX - Performance

Return Ranking - Trailing

Period FLTCX Return Category Return Low Category Return High Rank in Category (%)
YTD 0.2% -88.4% 9.1% 63.38%
1 Yr 2.5% -19.8% 22.3% 74.43%
3 Yr 3.0%* -6.1% 10.6% 80.55%
5 Yr 1.9%* -3.5% 7.1% 78.02%
10 Yr 2.0%* -0.2% 9.5% 89.95%

* Annualized

Return Ranking - Calendar

Period FLTCX Return Category Return Low Category Return High Rank in Category (%)
2023 1.4% -91.1% 310.0% 51.01%
2022 2.8% -79.8% 15.4% 68.78%
2021 -0.2% -72.6% 97.2% 5.48%
2020 1.3% -100.0% 7.6% 53.71%
2019 -2.7% -35.9% 96.8% 43.38%

Total Return Ranking - Trailing

Period FLTCX Return Category Return Low Category Return High Rank in Category (%)
YTD 0.2% -88.4% 8.7% 63.38%
1 Yr 1.5% -23.6% 29.0% 61.36%
3 Yr 3.0%* -6.9% 11.3% 67.73%
5 Yr 1.9%* -4.0% 7.1% 63.15%
10 Yr 2.0%* -0.4% 9.5% 90.83%

* Annualized

Total Return Ranking - Calendar

Period FLTCX Return Category Return Low Category Return High Rank in Category (%)
2023 1.4% -91.1% 310.0% 51.01%
2022 2.8% -79.8% 15.4% 69.10%
2021 -0.2% -72.6% 11.0% 8.55%
2020 1.3% -100.0% 7.6% 56.38%
2019 -2.7% -35.9% 3.0% 46.12%

NAV & Total Return History


FLTCX - Holdings

Concentration Analysis

FLTCX Category Low Category High FLTCX % Rank
Net Assets 8.01 B 901 K 86.4 B 4.59%
Number of Holdings 1467 1 11766 4.42%
Net Assets in Top 10 541 M -241 M 4.86 B 3.42%
Weighting of Top 10 6.70% 2.4% 100.0% 95.04%

Top 10 Holdings

  1. TEXAS ST 4% 1.08%
  2. Energy HBR Corp 1.00%
  3. J P MORGAN CHASE PUTTERS / DRIVERS TR VAR STS 0.22% 0.71%
  4. NEW YORK ST ENERGY RESH & DEV AUTH POLLUTN CTL REV 3% 0.61%
  5. CALIFORNIA HEALTH FACS FING AUTH REV 5% 0.59%
  6. METROPOLITAN TRANSN AUTH N Y REV 4% 0.57%
  7. OHIO ST ADULT CORRECTIONAL CAP FACS 0.06% 0.57%
  8. CONNECTICUT ST HEALTH & EDL FACS AUTH REV 2% 0.56%
  9. MASSACHUSETTS ST 5% 0.55%
  10. NORTH CAROLINA ST LTD OBLIG 5% 0.52%

Asset Allocation

Weighting Return Low Return High FLTCX % Rank
Bonds
94.51% 51.33% 145.79% 85.98%
Cash
4.48% -45.79% 48.67% 16.79%
Stocks
1.00% -0.08% 2.59% 1.16%
Preferred Stocks
0.00% -3.41% 1.06% 49.86%
Other
0.00% -13.42% 30.00% 51.15%
Convertible Bonds
0.00% 0.00% 1.24% 50.62%

Stock Sector Breakdown

Weighting Return Low Return High FLTCX % Rank
Utilities
0.00% 0.00% 0.00% 88.05%
Technology
0.00% 0.00% 0.00% 87.11%
Real Estate
0.00% 0.00% 0.00% 87.25%
Industrials
0.00% 0.00% 100.00% 87.65%
Healthcare
0.00% 0.00% 0.00% 87.11%
Financial Services
0.00% 0.00% 0.00% 90.34%
Energy
0.00% 0.00% 0.00% 15.17%
Communication Services
0.00% 0.00% 0.00% 88.19%
Consumer Defense
0.00% 0.00% 0.00% 87.25%
Consumer Cyclical
0.00% 0.00% 100.00% 87.79%
Basic Materials
0.00% 0.00% 0.00% 87.38%

Stock Geographic Breakdown

Weighting Return Low Return High FLTCX % Rank
US
1.00% -0.08% 2.59% 1.17%
Non US
0.00% 0.00% 0.00% 50.42%

Bond Sector Breakdown

Weighting Return Low Return High FLTCX % Rank
Municipal
95.47% 39.29% 100.00% 80.59%
Cash & Equivalents
4.53% 0.00% 48.67% 18.16%
Derivative
0.00% 0.00% 0.10% 50.50%
Securitized
0.00% 0.00% 7.63% 51.31%
Corporate
0.00% 0.00% 13.54% 58.26%
Government
0.00% 0.00% 51.02% 52.63%

Bond Geographic Breakdown

Weighting Return Low Return High FLTCX % Rank
US
92.71% 0.00% 141.11% 78.83%
Non US
1.80% 0.00% 100.00% 35.07%

FLTCX - Expenses

Operational Fees

FLTCX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.97% 0.01% 4.23% 22.12%
Management Fee 0.34% 0.00% 1.12% 21.57%
12b-1 Fee 0.55% 0.00% 1.00% 63.65%
Administrative Fee N/A 0.01% 0.47% N/A

Sales Fees

FLTCX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 0.00% 5.75% N/A
Deferred Load 1.00% 0.25% 5.50% 65.53%

Trading Fees

FLTCX 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.

FLTCX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 18.00% 0.00% 299.40% 39.65%

FLTCX - Distributions

Dividend Yield Analysis

FLTCX Category Low Category High FLTCX % Rank
Dividend Yield 0.00% 0.00% 1.75% 52.49%

Dividend Distribution Analysis

FLTCX Category Low Category High Category Mod
Dividend Distribution Frequency Monthly Monthly Monthly Monthly

Net Income Ratio Analysis

FLTCX Category Low Category High FLTCX % Rank
Net Income Ratio 1.03% -1.65% 24.00% 93.75%

Capital Gain Distribution Analysis

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

Distributions History

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FLTCX - Fund Manager Analysis

Tenure Analysis

Category Low Category High Category Average Category Mode
0.01 36.27 7.11 0.66