Nuveen Colorado Municipal Bond Fund Class A (FCOTX)
| Fund Assets | 461.56M |
| Expense Ratio | 0.79% |
| Min. Investment | $3,000 |
| Turnover | 30.00% |
| Dividend (ttm) | 0.35 |
| Dividend Yield | 3.44% |
| Dividend Growth | 2.96% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Aug 29, 2025 |
| Previous Close | 9.61 |
| YTD Return | -2.47% |
| 1-Year Return | -1.48% |
| 5-Year Return | -1.11% |
| 52-Week Low | 9.53 |
| 52-Week High | 10.28 |
| Beta (5Y) | 0.27 |
| Holdings | 263 |
| 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 -1.48% in the past year, including dividends. Since the fund's inception, the average annual return has been 4.40%.
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 |
|---|---|---|
| Aug 29, 2025 | $0.030 | Sep 2, 2025 |
| Jul 31, 2025 | $0.030 | Aug 1, 2025 |
| Jun 30, 2025 | $0.030 | Jul 1, 2025 |
| May 30, 2025 | $0.030 | Jun 2, 2025 |
| Apr 30, 2025 | $0.0285 | May 1, 2025 |
| Mar 31, 2025 | $0.0285 | Apr 1, 2025 |