Nuveen Colorado Municipal Bond Fund Class C (FAFKX)
| Fund Assets | 480.39M |
| Expense Ratio | 1.57% |
| Min. Investment | $3,000 |
| Turnover | 15.00% |
| Dividend (ttm) | 0.28 |
| Dividend Yield | 2.81% |
| Dividend Growth | 6.82% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jul 31, 2026 |
| Previous Close | 10.02 |
| YTD Return | 1.79% |
| 1-Year Return | 5.81% |
| 5-Year Return | -1.19% |
| 52-Week Low | 9.56 |
| 52-Week High | 10.06 |
| Beta (5Y) | 0.05 |
| Holdings | 258 |
| 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 5.81% in the past year, including dividends. Since the fund's inception, the average annual return has been 1.62%.
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jul 31, 2026 | $0.0235 | Aug 3, 2026 |
| Jun 30, 2026 | $0.0235 | Jul 1, 2026 |
| May 29, 2026 | $0.0235 | Jun 1, 2026 |
| Apr 30, 2026 | $0.0235 | May 1, 2026 |
| Mar 31, 2026 | $0.0235 | Apr 1, 2026 |
| Feb 27, 2026 | $0.0235 | Mar 2, 2026 |