Nuveen All-American Municipal Bond Fund Class C (FACCX)
| Fund Assets | 4.05B |
| Expense Ratio | 1.56% |
| Min. Investment | $3,000 |
| Turnover | 33.00% |
| Dividend (ttm) | 0.32 |
| Dividend Yield | 3.36% |
| Dividend Growth | 8.46% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | n/a |
| Previous Close | 9.68 |
| YTD Return | -1.95% |
| 1-Year Return | -2.18% |
| 5-Year Return | -7.54% |
| 52-Week Low | 9.58 |
| 52-Week High | 10.35 |
| Beta (5Y) | n/a |
| Holdings | 909 |
| Inception Date | Feb 10, 2014 |
About FACCX
Nuveen All-American Municipal Bond Fund Class C is a mutual fund that primarily invests in long-term municipal bonds issued by state and local governments across the United States. Its main function is to provide investors with a high level of income that is generally exempt from federal income taxes. The fund predominantly holds investment-grade securities, but it may allocate up to 20% of its assets to below investment-grade municipal bonds—commonly known as high yield or "junk" bonds—allowing for a degree of income enhancement while managing credit risk. This fund targets bonds with average maturities exceeding 12 years and durations over 6 years, classifying it as a muni national long fund. By diversifying across many regions and sectors, it aims to minimize risk while capitalizing on market inefficiencies identified by a dedicated team of credit analysts. The fund plays a significant role for investors seeking tax-advantaged income and long-term capital preservation within the municipal bond sector, managing several billion dollars in assets as part of a large suite of municipal bond offerings from Nuveen.
Performance
FACCX had a total return of -2.18% in the past year, including dividends. Since the fund's inception, the average annual return has been 1.01%.
Top 10 Holdings
8.69% of assets| Name | Symbol | Weight |
|---|---|---|
| CHICAGO ILL BRD ED DEDICATED CAP IMPT 6% | IL.CHIEDU 6 04.01.2046 | 1.83% |
| TRIBOROUGH BRDG & TUNL AUTH N Y REAL ESTATE TRANSFER TAX REV 5.5% | NY.TRBGEN 5.5 12.01.2059 | 0.96% |
| CHICAGO ILL BRD ED 7% | IL.CHIEDU 7 12.01.2044 | 0.94% |
| 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 | 0.74% |
| CALIFORNIA MUN FIN AUTH REV 5% | CA.CASFIN 5 12.31.2038 | 0.72% |
| Net Receivable For Sale Of Vistra Vision Class B Units | n/a | 0.69% |
| NEW YORK TRANSN DEV CORP SPL FAC REV 5% | NY.NYTTRN 5 07.01.2041 | 0.69% |
| PENNSYLVANIA ST TPK COMMN TPK REV 5% | PA.PASTRN 5 06.01.2042 | 0.68% |
| FLORIDA DEV FIN CORP REV 8.25% | FL.FLSDEV 07.01.2057 | 0.67% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jul 31, 2025 | $0.028 | Aug 1, 2025 |
| Jun 30, 2025 | $0.028 | Jul 1, 2025 |
| May 30, 2025 | $0.028 | Jun 2, 2025 |
| Apr 30, 2025 | $0.028 | May 1, 2025 |
| Mar 31, 2025 | $0.028 | Apr 1, 2025 |
| Feb 28, 2025 | $0.028 | Mar 3, 2025 |