Nuveen All-American Municipal Bond I (FAARX)
| Fund Assets | 4.02B |
| Expense Ratio | 0.56% |
| Min. Investment | $100,000 |
| Turnover | 33.00% |
| Dividend (ttm) | 0.43 |
| Dividend Yield | 4.41% |
| Dividend Growth | 7.76% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Sep 30, 2025 |
| Previous Close | 9.78 |
| YTD Return | -0.05% |
| 1-Year Return | -0.64% |
| 5-Year Return | -0.59% |
| 52-Week Low | 9.62 |
| 52-Week High | 10.38 |
| Beta (5Y) | n/a |
| Holdings | 930 |
| Inception Date | Feb 6, 1997 |
About FAARX
Nuveen All-American Municipal Bond Fund Class I is an institutional mutual fund specializing in long-term, investment-grade municipal bonds. Its core objective is to generate a high level of current interest income that is exempt from regular federal income taxes, while maintaining capital preservation. The fund primarily invests at least 80% of its net assets in municipal securities issued by various state and local governments, which are used to finance public projects such as infrastructure, education, and transportation. With a portfolio characterized by a weighted average maturity exceeding ten years and an effective duration of around 7.8 years, the fund typically targets bonds of higher credit quality. It is categorized under "Muni National Long" due to its broad geographic diversification and long maturities, offering income that is generally free from federal taxation, an appealing feature for high-net-worth investors and institutions seeking tax-efficient income. The fund is managed by a dedicated team of municipal credit analysts at Nuveen, who actively pursue value within the municipal bond market to achieve its stated income and preservation goals.
Performance
FAARX had a total return of -0.64% in the past year, including dividends. Since the fund's inception, the average annual return has been 4.08%.
Top 10 Holdings
10.52% of assets| Name | Symbol | Weight |
|---|---|---|
| ALLEN CNTY OHIO HOSP FACS REV 2.6% | OH.ALLMED 11.01.2050 | 1.92% |
| CHICAGO ILL BRD ED DEDICATED CAP IMPT 6% | IL.CHIEDU 6 04.01.2046 | 1.80% |
| United States Treasury Bills 0% | B.0 08.26.25 | 1.31% |
| Us Dollars | n/a | 1.04% |
| CHICAGO ILL BRD ED 7% | IL.CHIEDU 7 12.01.2044 | 0.92% |
| IOWA FIN AUTH MIDWESTERN DISASTER AREA REV 5% | IA.IASGEN 12.01.2050 | 0.76% |
| PUERTO RICO SALES TAX FING CORP SALES TAX REV 0% | PR.PRCGEN 0 07.01.2051 | 0.72% |
| CALIFORNIA MUN FIN AUTH REV 5% | CA.CASFIN 5 12.31.2038 | 0.71% |
| NEW YORK TRANSN DEV CORP SPL FAC REV 5% | NY.NYTTRN 5 07.01.2041 | 0.68% |
| PENNSYLVANIA ST TPK COMMN TPK REV 5% | PA.PASTRN 5 06.01.2042 | 0.67% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Sep 30, 2025 | $0.0375 | Oct 1, 2025 |
| Aug 29, 2025 | $0.0375 | Sep 2, 2025 |
| Jul 31, 2025 | $0.0365 | Aug 1, 2025 |
| Jun 30, 2025 | $0.0365 | Jul 1, 2025 |
| May 30, 2025 | $0.0365 | Jun 2, 2025 |
| Apr 30, 2025 | $0.0365 | May 1, 2025 |