Nuveen Colorado Municipal Bond Fund Class C (FAFKX)
| Fund Assets | 461.56M |
| Expense Ratio | 1.59% |
| Min. Investment | $3,000 |
| Turnover | 30.00% |
| Dividend (ttm) | 0.26 |
| Dividend Yield | 2.73% |
| Dividend Growth | 4.14% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | n/a |
| Previous Close | 9.62 |
| YTD Return | -2.54% |
| 1-Year Return | -2.48% |
| 5-Year Return | -5.13% |
| 52-Week Low | 9.51 |
| 52-Week High | 10.26 |
| Beta (5Y) | n/a |
| Holdings | 263 |
| Inception Date | Feb 10, 2014 |
About FAFKX
Nuveen Colorado Municipal Bond Fund Class C is a fixed income mutual fund focused on delivering tax-exempt income to investors through investments primarily in municipal bonds issued by Colorado state and local governments. Its main objective is to provide as high a level of current interest income as possible, exempt from regular federal, Colorado state, and in some cases local income taxes, while maintaining capital preservation as a priority. The fund predominantly holds investment-grade municipal securities supporting public projects such as infrastructure, education, water, and healthcare within Colorado, although it may invest up to 20% of its assets in below investment grade, or "high yield," municipal bonds to enhance yield potential. By concentrating on a single state, the fund offers potential dual federal and state tax advantages to residents of Colorado. It plays a significant role in the market by offering tailored municipal bond exposure for investors seeking stable, tax-advantaged income within a diversified framework of municipal debt instruments.
Performance
FAFKX had a total return of -2.48% in the past year, including dividends. Since the fund's inception, the average annual return has been 1.18%.
Top 10 Holdings
17.80% of assets| Name | Symbol | Weight |
|---|---|---|
| Brighton, Colorado, Water Activity Enterprise Revenue Bonds, Water System Project, Series 2022 | CO.BRIWTR 5 06.01.2047 | 2.96% |
| Weld County School District RE-4, Windsor, Colorado, General Obligation Bonds, Series 2023 | n/a | 1.95% |
| Colorado Springs, Colorado, Utilities System Revenue Bonds, Improvement Series 2024A | n/a | 1.88% |
| Denver City and County, Colorado, Airport System Revenue Bonds, Subordinate Lien Series 2018A | CO.DENAPT 5 12.01.2043 | 1.80% |
| Colorado Health Facilities Authority, Colorado, Revenue Bonds, Intermountain Healthcare, Series 2024A | n/a | 1.78% |
| Parker Water and Sanitation District, Douglas County, Colorado, Water and Sewer Enterprise Revenue Bonds, Refunding & Improvement Series 2022 | CO.PARUTL 4 11.01.2047 | 1.75% |
| Denver City and County Board of Water Commissioners, Colorado, Water Revenue Bonds, Series 2022A | CO.DENWTR 5 12.15.2052 | 1.57% |
| Colorado Health Facilities Authority, Colorado, Revenue Bonds, Children's Hospital Colorado Project, Series 2016A | CO.COSMED 5 12.01.2044 | 1.51% |
| Commerce City, Colorado, Sales and Use Tax Revenue Bonds, Series 2016 | CO.COMGEN 5 08.01.2046 | 1.35% |
| Colorado Health Facilities Authority, Colorado, Revenue Bonds, CommonSpirit Health, Series 2024A | n/a | 1.27% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jul 31, 2025 | $0.0235 | Aug 1, 2025 |
| Jun 30, 2025 | $0.0235 | Jul 1, 2025 |
| May 30, 2025 | $0.0235 | Jun 2, 2025 |
| Apr 30, 2025 | $0.0215 | May 1, 2025 |
| Mar 31, 2025 | $0.0215 | Apr 1, 2025 |
| Feb 28, 2025 | $0.0215 | Mar 3, 2025 |