Nuveen Minnesota Intermediate Municipal Bond Fund Class I (FAMTX)

NASDAQ · Mutual Fund · Delayed Price · Currency is USD
9.52
-0.01 (-0.10%)
At close: Jul 17, 2025
-1.96%
Fund Assets363.25M
Expense Ratio0.61%
Min. Investment$100,000
Turnovern/a
Dividend (ttm)0.31
Dividend Yield3.28%
Dividend Growth1.95%
Payout FrequencyMonthly
Ex-Dividend DateJul 31, 2025
Previous Close9.53
YTD Return0.07%
1-Year Return1.27%
5-Year Return3.34%
52-Week Low9.35
52-Week High9.83
Beta (5Y)n/a
Holdings273
Inception DateFeb 25, 1994

About FAMTX

FAMTX was founded on 1994-02-25. The Fund's investment strategy focuses on Oth St Intmdt Muni with 0.6% total expense ratio. The minimum amount to invest in Nuveen Investment Funds, Inc: Nuveen Minnesota Intermediate Municipal Bond Fund; Class I Shares is $100,000 on a standard taxable account. Nuveen Investment Funds, Inc: Nuveen Minnesota Intermediate Municipal Bond Fund; Class I Shares seeks maximum current income that is exempt from both federal income tax and Minnesota state income tax to the extent consistent with prudent investment risk. FAMTX invests at least 80% of its net assets in municipal bonds that pay interest that is exempt from regular federal and Minnesota personal income tax.

Fund Family Nuveen Fds
Category Muni Minnesota
Stock Exchange NASDAQ
Ticker Symbol FAMTX
Share Class Class I
Index S&P Municipal Bond Intermediate TR

Performance

FAMTX had a total return of 1.27% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.52%.

Other Share Classes

These are alternative share classes of the same fund, from the same provider.

SymbolShare ClassExpense Ratio
FAMAXClass A0.81%
NIBCXClass C1.61%

Top 10 Holdings

14.54% of assets
NameSymbolWeight
ST PAUL MINN HSG & REDEV AUTH HEALTH CARE FAC REV 5%MN.STPHSG 5 07.01.20291.97%
HENNEPIN CNTY MINN 5%MN.HEN 5 12.01.20331.86%
UNIVERSITY MINN 5%MN.UNIHGR 5 04.01.20441.77%
MINNESOTA ST 4%MN.MNS 4 09.01.20381.62%
SOUTH WASHINGTON CNTY INDPT SCH DIST NO 833 MINN 4%MN.SWHSCD 4 02.01.20421.54%
ROSEVILLE MINN INDPT SCH DIST NO 623 4%MN.ROSSCD 4 02.01.20341.45%
MINNEAPOLIS & ST PAUL MINN MET ARPTS COMMN ARPT REV 5%MN.MINAPT 5 01.01.20491.11%
VIRGINIA MINN HSG & REDEV AUTH HEALTH CARE FAC LEASE REV 4%MN.VIRMED 4 10.01.20291.10%
CHIPPEWA CNTY MINN GROSS REV 4%MN.CHP 4 03.01.20291.07%
BRAINERD MINN INDPT SCH DIST NO 181 4%MN.BRASCD 4 02.01.20301.05%
View More Holdings

Dividend History

Ex-DividendAmountPay Date
Jul 31, 2025$0.0265Aug 1, 2025
Jun 30, 2025$0.0265Jul 1, 2025
May 30, 2025$0.0265Jun 2, 2025
Apr 30, 2025$0.026May 1, 2025
Mar 31, 2025$0.026Apr 1, 2025
Feb 28, 2025$0.026Mar 3, 2025
Full Dividend History