Nuveen Colorado Municipal Bond Fund Class A (FCOTX)
| Fund Assets | 475.31M |
| Expense Ratio | 0.79% |
| Min. Investment | $3,000 |
| Turnover | 15.00% |
| Dividend (ttm) | 0.36 |
| Dividend Yield | 3.40% |
| Dividend Growth | 4.39% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Feb 27, 2026 |
| Previous Close | 10.01 |
| YTD Return | -3.47% |
| 1-Year Return | -0.74% |
| 5-Year Return | -3.57% |
| 52-Week Low | 9.66 |
| 52-Week High | 10.46 |
| Beta (5Y) | 0.30 |
| Holdings | 258 |
| Inception Date | May 4, 1987 |
About FCOTX
Nuveen Colorado Municipal Bond Fund Class A is a municipal bond mutual fund designed to provide investors with current income that is generally exempt from regular federal and Colorado state income taxes. The fund primarily invests in investment-grade municipal bonds issued by state and local governments within Colorado, supporting public projects such as infrastructure and education. A notable feature of this fund is its focus on long-duration, single-state bonds, which may offer tax-efficient income to residents of Colorado. With assets approaching $462 million and a monthly payout structure, it caters to individuals seeking income with potential tax advantages. Up to 20% of the portfolio may be allocated to below investment grade bonds, adding diversification and some additional yield potential. The fund's core objective is to balance income generation and preservation of capital, making it a key instrument for conservative investors interested in municipal debt securities with state-specific benefits.
Performance
FCOTX had a total return of -0.74% in the past year, including dividends. Since the fund's inception, the average annual return has been 8.64%.
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Feb 27, 2026 | $0.030 | Mar 2, 2026 |
| Jan 30, 2026 | $0.030 | Feb 2, 2026 |
| Dec 31, 2025 | $0.030 | Dec 31, 2025 |
| Nov 28, 2025 | $0.030 | Dec 1, 2025 |
| Oct 31, 2025 | $0.030 | Nov 3, 2025 |
| Sep 30, 2025 | $0.030 | Oct 1, 2025 |