NCSPX: Nuveen CA Municipal Bond I

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NCSPX Nuveen CA Municipal Bond I


Profile

NCSPX - Profile

Vitals

  • YTD Return 0.7%
  • 3 Yr Annualized Return 1.0%
  • 5 Yr Annualized Return 1.1%
  • Net Assets $1.99 B
  • Holdings in Top 10 16.9%

52 WEEK LOW AND HIGH

$11.52
$10.30
$11.82

Expenses

OPERATING RELATED FEES

  • Expense Ratio 0.54%

SALES FEES

  • Front Load N/A
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 13.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

  • Standard (Taxable) $100,000
  • IRA N/A

Fund Classification


Distributions

  • YTD Total Return 0.7%
  • 3 Yr Annualized Total Return 1.0%
  • 5 Yr Annualized Total Return 1.1%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 3.05%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name
    Nuveen California Municipal Bond Fund
  • Fund Family Name
    Nuveen
  • Inception Date
    Jul 01, 1986
  • Shares Outstanding
    N/A
  • Share Class
    Inst
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Scott Romans

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 and California personal income tax. These municipal bonds include obligations issued by the State of California and its subdivisions, authorities, instrumentalities and corporations, as well as obligations issued by U.S. territories.


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Categories

Performance

NCSPX - Performance

Return Ranking - Trailing

Period NCSPX Return Category Return Low Category Return High Rank in Category (%)
YTD 0.7% -4.2% 2.4% 26.80%
1 Yr 1.4% -3.6% 4.9% 21.88%
3 Yr 1.0%* -0.9% 2.5% 35.43%
5 Yr 1.1%* -0.8% 2.3% 20.00%
10 Yr 1.5%* -0.2% 2.1% 6.25%

* Annualized

Return Ranking - Calendar

Period NCSPX Return Category Return Low Category Return High Rank in Category (%)
2019 4.7% 2.4% 8.8% 37.89%
2018 -3.1% -6.2% 2.8% 68.13%
2017 3.2% -0.2% 6.8% 26.51%
2016 -2.8% -7.9% -1.7% 34.39%
2015 1.3% -1.9% 1.8% 12.99%

Total Return Ranking - Trailing

Period NCSPX Return Category Return Low Category Return High Rank in Category (%)
YTD 0.7% -4.2% 2.4% 26.80%
1 Yr 1.4% -3.6% 4.9% 21.88%
3 Yr 1.0%* -0.9% 3.3% 37.71%
5 Yr 1.1%* -0.8% 3.7% 25.16%
10 Yr 1.6%* -0.2% 4.6% 10.94%

* Annualized

Total Return Ranking - Calendar

Period NCSPX Return Category Return Low Category Return High Rank in Category (%)
2019 4.7% 2.4% 8.8% 37.89%
2018 -3.1% -6.2% 2.8% 71.43%
2017 3.2% -0.2% 6.9% 28.31%
2016 -2.8% -7.9% 0.8% 36.94%
2015 1.3% -1.9% 3.7% 18.18%

NAV & Total Return History


Holdings

NCSPX - Holdings

Concentration Analysis

NCSPX Category Low Category High NCSPX % Rank
Net Assets 1.99 B 2.85 M 16.7 B 18.56%
Number of Holdings 401 20 4406 30.93%
Net Assets in Top 10 318 M -117 M 2.92 B 11.86%
Weighting of Top 10 16.85% 3.4% 70.5% 50.52%

Top 10 Holdings

  1. LOS ANGELES CALIF DEPT WTR & PWR REV 5% 2.64%
  2. GOLDEN ST TOB SECURITIZATION CORP CALIF TOB SETTLEMENT REV 5% 2.33%
  3. LOS ANGELES CALIF DEPT WTR & PWR REV 5% 1.92%
  4. PUERTO RICO SALES TAX FING CORP SALES TAX REV 5% 1.87%
  5. METROPOLITAN WTR DIST SOUTHN CALIF WTRWRKS REV 5% 1.67%
  6. CALIFORNIA ST 5% 1.37%
  7. GOLDEN ST TOB SECURITIZATION CORP CALIF TOB SETTLEMENT REV 5.25% 1.36%
  8. GOLDEN ST TOB SECURITIZATION CORP CALIF TOB SETTLEMENT REV 5% 1.35%
  9. CALIFORNIA CMNTY HSG AGY WORKFORCE HSG REV 5% 1.18%
  10. CALIFORNIA POLLUTION CTL FING AUTH WTR FURNISHING REV 5% 1.17%

Asset Allocation

Weighting Return Low Return High NCSPX % Rank
Bonds
100.30% 88.79% 139.32% 9.28%
Stocks
0.00% 0.00% 0.08% 77.32%
Preferred Stocks
0.00% 0.00% 0.00% 76.29%
Other
0.00% -0.99% 1.09% 78.87%
Convertible Bonds
0.00% 0.00% 0.00% 76.29%
Cash
-0.30% -39.32% 11.21% 92.78%

Bond Sector Breakdown

Weighting Return Low Return High NCSPX % Rank
Municipal
100.00% 47.00% 101.06% 10.31%
Derivative
0.00% 0.00% 0.00% 75.77%
Cash & Equivalents
0.00% -0.27% 11.22% 92.78%
Securitized
0.00% 0.00% 0.00% 76.29%
Corporate
0.00% 0.00% 2.60% 80.41%
Government
0.00% -0.79% 48.67% 76.80%

Bond Geographic Breakdown

Weighting Return Low Return High NCSPX % Rank
US
95.74% 82.27% 135.97% 67.01%
Non US
4.56% 0.00% 8.59% 18.56%

Expenses

NCSPX - Expenses

Operational Fees

NCSPX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.54% 0.09% 3.74% 81.35%
Management Fee 0.47% 0.00% 0.65% 67.01%
12b-1 Fee 0.00% 0.00% 1.00% 10.48%
Administrative Fee N/A 0.01% 0.33% N/A

Sales Fees

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

Trading Fees

NCSPX 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.

NCSPX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 13.00% 2.00% 235.00% 29.02%

Distributions

NCSPX - Distributions

Dividend Yield Analysis

NCSPX Category Low Category High NCSPX % Rank
Dividend Yield 0.00% 0.00% 0.64% 79.38%

Dividend Distribution Analysis

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

Net Income Ratio Analysis

NCSPX Category Low Category High NCSPX % Rank
Net Income Ratio 3.05% 0.73% 5.75% 36.27%

Capital Gain Distribution Analysis

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

Dividend Payout History

View More +

Fund Manager Analysis

NCSPX - Fund Manager Analysis

Managers

Scott Romans


Start Date

Tenure

Tenure Rank

Jan 31, 2003

17.42

17.4%

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
0.25 31.52 9.25 7.34