Nuveen Minnesota Intermediate Municipal Bond Fund Class I (FAMTX)

NASDAQ · Mutual Fund · Delayed Price · Currency is USD
9.66
0.00 (0.00%)
Mar 21, 2025, 5:00 PM EST
-0.82%
Fund Assets 363.25M
Expense Ratio 0.61%
Min. Investment $100,000
Turnover n/a
Dividend (ttm) 0.31
Dividend Yield 3.23%
Dividend Growth 5.05%
Payout Frequency Monthly
Ex-Dividend Date n/a
Previous Close 9.66
YTD Return 0.44%
1-Year Return 2.42%
5-Year Return 14.06%
52-Week Low n/a
52-Week High n/a
Beta (5Y) n/a
Holdings 273
Inception Date Feb 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
Performance Rating High
Risk Rating Below Average
Stock Exchange NASDAQ
Ticker Symbol FAMTX
Share Class Class I
Index S&P Municipal Bond Intermediate TR

Performance

FAMTX had a total return of 2.42% in the past year. Since the fund's inception, the average annual return has been 3.57%, including dividends.

Other Share Classes

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

Symbol Share Class Expense Ratio
FAMAX Class A 0.81%
NIBCX Class C 1.61%

Top 10 Holdings

14.37% of assets
Name Symbol Weight
ST PAUL MINN HSG & REDEV AUTH HEALTH CARE FAC REV 5% MN STPHSG 5 07.01.2029 1.99%
HENNEPIN CNTY MINN 5% n/a 1.92%
UNIVERSITY MINN 5% MN UNIHGR 5 04.01.2044 1.82%
MINNESOTA ST 4% n/a 1.69%
ROSEVILLE MINN INDPT SCH DIST NO 623 4% MN ROSSCD 4 02.01.2034 1.48%
MINNEAPOLIS & ST PAUL MINN MET ARPTS COMMN ARPT REV 5% MN MINAPT 5 01.01.2049 1.16%
VIRGINIA MINN HSG & REDEV AUTH HEALTH CARE FAC LEASE REV 4% n/a 1.11%
CHIPPEWA CNTY MINN GROSS REV 4% n/a 1.08%
BRAINERD MINN INDPT SCH DIST NO 181 4% n/a 1.07%
MINNESOTA ST HSG FIN AGY 4% n/a 1.06%
View More Holdings

Dividend History

Ex-Dividend Amount Pay Date
Feb 28, 2025 $0.026 Mar 3, 2025
Jan 31, 2025 $0.026 Feb 3, 2025
Dec 31, 2024 $0.026 Dec 31, 2024
Nov 29, 2024 $0.026 Dec 2, 2024
Oct 31, 2024 $0.026 Nov 1, 2024
Sep 30, 2024 $0.026 Oct 1, 2024
Full Dividend History