NCACX: Nuveen CA Municipal Bond C2

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NCACX Nuveen CA Municipal Bond C2


Profile

NCACX - Profile

Vitals

  • YTD Return 1.2%
  • 3 Yr Annualized Return 4.2%
  • 5 Yr Annualized Return 3.4%
  • Net Assets $1.83 B
  • Holdings in Top 10 17.2%

52 WEEK LOW AND HIGH

$11.54
$10.86
$11.56

Expenses

OPERATING RELATED FEES

  • Expense Ratio 1.31%

SALES FEES

  • Front Load N/A
  • Deferred Load 1.00%

BROKERAGE FEES

  • Turnover 56.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

Closed to new investors as of Feb 10, 2014
  • Standard (Taxable) $0
  • IRA N/A

Fund Classification


Distributions

  • YTD Total Return 1.2%
  • 3 Yr Annualized Total Return 4.2%
  • 5 Yr Annualized Total Return 3.4%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 2.64%
DIVIDENDS
  • Dividend Yield 0.6%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name
    Nuveen California Municipal Bond Fund Class C2
  • Fund Family Name
    Nuveen
  • Inception Date
    Sep 19, 1994
  • Shares Outstanding
    N/A
  • Share Class
    C
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Scott Romans

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Categories

Performance

NCACX - Performance

Return Ranking - Trailing

Period NCACX Return Category Return Low Category Return High Rank in Category (%)
YTD 1.2% 0.0% 2.3% 28.93%
1 Yr 7.2% 2.7% 15.6% 31.61%
3 Yr 4.2%* 0.3% 8.7% 21.02%
5 Yr 3.4%* -1.5% 6.9% 16.97%
10 Yr 5.0%* -0.9% 9.6% 16.67%

* Annualized

Return Ranking - Calendar

Period NCACX Return Category Return Low Category Return High Rank in Category (%)
2019 4.6% 2.4% 8.8% 40.41%
2018 -3.1% -6.2% 2.8% 68.11%
2017 3.2% -0.2% 6.8% 24.26%
2016 -2.9% -7.9% -1.7% 35.00%
2015 1.3% -1.9% 1.8% 12.10%

Total Return Ranking - Trailing

Period NCACX Return Category Return Low Category Return High Rank in Category (%)
YTD 1.2% 0.0% 2.3% 28.93%
1 Yr 6.2% 1.4% 15.6% 46.63%
3 Yr 4.2%* 0.3% 8.7% 20.45%
5 Yr 3.4%* -1.5% 6.9% 16.36%
10 Yr 5.0%* -0.9% 9.6% 15.97%

* Annualized

Total Return Ranking - Calendar

Period NCACX Return Category Return Low Category Return High Rank in Category (%)
2019 4.6% 2.4% 8.8% 40.41%
2018 -3.1% -6.2% 2.8% 71.35%
2017 3.3% -0.2% 6.9% 26.63%
2016 -2.9% -7.9% 0.8% 37.50%
2015 1.3% -1.9% 3.7% 17.20%

NAV & Total Return History


Holdings

NCACX - Holdings

Concentration Analysis

NCACX Category Low Category High NCACX % Rank
Net Assets 1.83 B 3.07 M 16.7 B 19.80%
Number of Holdings 402 19 4162 27.92%
Net Assets in Top 10 309 M -109 M 2.98 B 10.66%
Weighting of Top 10 17.24% 3.5% 79.0% 56.35%

Top 10 Holdings

  1. LOS ANGELES CALIF DEPT WTR & PWR REV 5% 2.74%
  2. GOLDEN ST TOB SECURITIZATION CORP CALIF TOB SETTLEMENT REV 5% 2.47%
  3. LOS ANGELES CALIF DEPT WTR & PWR REV 5% 2.00%
  4. LOS ANGELES CNTY CALIF MET TRANSN AUTH SALES TAX REV 5% 1.86%
  5. GOLDEN ST TOB SECURITIZATION CORP CALIF TOB SETTLEMENT REV 5.25% 1.47%
  6. GOLDEN ST TOB SECURITIZATION CORP CALIF TOB SETTLEMENT REV 5% 1.43%
  7. CALIFORNIA ST 5% 1.43%
  8. SAN FRANCISCO CALIF CITY & CNTY ARPTS COMMN INTL ARPT REV 5% 1.37%
  9. PUERTO RICO SALES TAX FING CORP SALES TAX REV 5% 1.27%
  10. CALIFORNIA ST 5% 1.20%

Asset Allocation

Weighting Return Low Return High NCACX % Rank
Bonds
99.56% 92.08% 139.68% 51.78%
Other
0.41% -1.87% 1.19% 6.09%
Cash
0.03% -39.68% 7.92% 59.39%
Stocks
0.00% 0.00% 0.21% 12.69%
Preferred Stocks
0.00% 0.00% 0.00% 10.66%
Convertible Bonds
0.00% 0.00% 0.00% 10.66%

Bond Sector Breakdown

Weighting Return Low Return High NCACX % Rank
Municipal
99.96% 49.01% 101.06% 28.93%
Cash & Equivalents
0.04% -0.27% 8.21% 61.93%
Derivative
0.00% 0.00% 0.00% 10.66%
Securitized
0.00% 0.00% 1.47% 18.27%
Corporate
0.00% 0.00% 2.44% 22.84%
Government
0.00% -0.79% 49.20% 13.71%

Bond Geographic Breakdown

Weighting Return Low Return High NCACX % Rank
US
94.77% 85.98% 136.27% 73.60%
Non US
4.79% 0.00% 9.12% 14.72%

Expenses

NCACX - Expenses

Operational Fees

NCACX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.31% 0.09% 3.74% 27.18%
Management Fee 0.48% 0.00% 0.70% 64.47%
12b-1 Fee 0.75% 0.00% 1.00% 68.52%
Administrative Fee N/A 0.01% 0.33% N/A

Sales Fees

NCACX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 2.25% 4.75% N/A
Deferred Load 1.00% 1.00% 5.00% 20.00%

Trading Fees

NCACX 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.

NCACX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 56.00% 0.00% 235.00% 90.31%

Distributions

NCACX - Distributions

Dividend Yield Analysis

NCACX Category Low Category High NCACX % Rank
Dividend Yield 0.64% 0.00% 2.28% 64.97%

Dividend Distribution Analysis

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

Net Income Ratio Analysis

NCACX Category Low Category High NCACX % Rank
Net Income Ratio 2.64% 0.87% 6.70% 70.77%

Capital Gain Distribution Analysis

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

Dividend Payout History

View More +

Fund Manager Analysis

NCACX - Fund Manager Analysis

Managers

Scott Romans


Start Date

Tenure

Tenure Rank

Jan 31, 2003

16.93

16.9%

Scott manages several state-specific, tax-exempt portfolios, including the California Municipal Bond and the New York Municipal Bond Strategies. He also serves as portfolio manager for a number of closed-end funds.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.04 31.02 8.73 6.84