Nuveen All-American Municipal Bond Fund Class I (FAARX)
| Fund Assets | 3.58B |
| Expense Ratio | 0.56% |
| Min. Investment | $100,000 |
| Turnover | 33.00% |
| Dividend (ttm) | 0.44 |
| Dividend Yield | 4.40% |
| Dividend Growth | 6.46% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Feb 27, 2026 |
| Previous Close | 10.08 |
| YTD Return | 1.28% |
| 1-Year Return | 4.37% |
| 5-Year Return | -1.81% |
| 52-Week Low | 9.27 |
| 52-Week High | 10.08 |
| Beta (5Y) | n/a |
| Holdings | 875 |
| 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 4.37% in the past year, including dividends. Since the fund's inception, the average annual return has been 8.99%.
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Feb 27, 2026 | $0.0375 | Mar 2, 2026 |
| Jan 30, 2026 | $0.0375 | Feb 2, 2026 |
| Dec 31, 2025 | $0.0375 | Dec 31, 2025 |
| Nov 28, 2025 | $0.0375 | Dec 1, 2025 |
| Oct 31, 2025 | $0.0375 | Nov 3, 2025 |
| Sep 30, 2025 | $0.0375 | Oct 1, 2025 |