Nuveen Colorado Municipal Bond Fund Class I (FCORX)
| Fund Assets | 461.56M |
| Expense Ratio | 0.59% |
| Min. Investment | $100,000 |
| Turnover | 30.00% |
| Dividend (ttm) | 0.36 |
| Dividend Yield | 3.78% |
| Dividend Growth | 2.97% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | n/a |
| Previous Close | 9.63 |
| YTD Return | -1.96% |
| 1-Year Return | -1.29% |
| 5-Year Return | -0.61% |
| 52-Week Low | 9.52 |
| 52-Week High | 10.27 |
| Beta (5Y) | n/a |
| Holdings | 263 |
| Inception Date | Feb 24, 1997 |
About FCORX
Nuveen Colorado Municipal Bond Fund Class I is an open-end mutual fund specializing in investment-grade municipal bonds primarily issued within the state of Colorado. Its chief objective is to provide a high level of current income that is exempt from regular federal income tax, Colorado state income tax, and, in some cases, local income taxes. The portfolio focuses on bonds issued by state and local governments or agencies to finance public projects, such as infrastructure, utilities, and educational institutions, supporting community development while potentially delivering tax advantages to investors residing in Colorado. This fund is designed with capital preservation in mind and is actively managed to maintain a diverse allocation across over 270 holdings, with an effective duration above eight years, targeting the long-term muni category. With a monthly distribution schedule and competitive expense ratio, Nuveen Colorado Municipal Bond Fund Class I plays a significant role for investors seeking tax-efficient income and stable exposure to the municipal fixed income market in a single-state strategy, particularly for those with a Colorado tax liability.
Performance
FCORX had a total return of -1.29% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.80%.
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 | $0.0315 | Aug 1, 2025 |
| Jun 30, 2025 | $0.0315 | Jul 1, 2025 |
| May 30, 2025 | $0.0315 | Jun 2, 2025 |
| Apr 30, 2025 | $0.030 | May 1, 2025 |
| Mar 31, 2025 | $0.030 | Apr 1, 2025 |
| Feb 28, 2025 | $0.030 | Mar 3, 2025 |