Nuveen CT Municipal Bond A (FCTTX)
| Fund Assets | 217.45M |
| Expense Ratio | 0.80% |
| Min. Investment | $3,000 |
| Turnover | 24.00% |
| Dividend (ttm) | 0.29 |
| Dividend Yield | 3.03% |
| Dividend Growth | 6.12% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Aug 29, 2025 |
| Previous Close | 9.24 |
| YTD Return | -1.73% |
| 1-Year Return | -1.75% |
| 5-Year Return | -2.01% |
| 52-Week Low | 9.05 |
| 52-Week High | 9.79 |
| Beta (5Y) | n/a |
| Holdings | 133 |
| Inception Date | Jul 13, 1987 |
About FCTTX
Nuveen Connecticut Municipal Bond Fund Class A is a mutual fund specializing in investment-grade municipal bonds issued primarily within Connecticut. Its primary objective is to generate a high level of current income that is exempt from regular federal, Connecticut state, and, in certain cases, local income taxes—a feature particularly beneficial for investors seeking tax-advantaged income. The fund emphasizes preservation of capital while maintaining a diversified portfolio comprising a substantial number of holdings, typically municipal securities supporting infrastructure, education, and public services within Connecticut. Notably, it invests primarily in higher-quality bonds but allows up to 20% exposure to below investment grade, or high-yield, municipal bonds to enhance yield potential. Nuveen Connecticut Municipal Bond Fund Class A plays a significant role for residents of Connecticut and tax-sensitive investors by providing access to municipal debt markets with the added benefit of targeted tax exemption, while actively managing interest rate and credit risk with a focus on capital preservation and income stability.
Performance
FCTTX had a total return of -1.75% in the past year, including dividends. Since the fund's inception, the average annual return has been 4.07%.
Top 10 Holdings
23.46% of assets| Name | Symbol | Weight |
|---|---|---|
| Us Dollars | n/a | 3.35% |
| CONNECTICUT ARPT AUTH CUSTOMER FAC CHARGE REV 5% | CT.CARAPT 5 07.01.2049 | 2.77% |
| CONNECTICUT ST HEALTH & EDL FACS AUTH REV 4% | CT.CTSHGR 4 07.01.2049 | 2.42% |
| CONNECTICUT ST HEALTH & EDL FACS AUTH REV 5% | CT.CTSMED 5 07.01.2042 | 2.36% |
| NEW BRITAIN CONN 5% | CT.NWB 5 03.01.2047 | 2.33% |
| CONNECTICUT ST HEALTH & EDL FACS AUTH REV 5% | CT.CTSMED 5 07.01.2045 | 2.31% |
| CONNECTICUT ST HEALTH & EDL FACS AUTH REV 5% | CT.CTSMED 5 07.01.2045 | 2.09% |
| CONNECTICUT ST HEALTH & EDL FACS AUTH REV 4.25% | CT.CTSHGR 4.25 07.15.2053 | 2.06% |
| CONNECTICUT ST HEALTH & EDL FACS AUTH REV 5% | CT.CTSMED 5 07.01.2037 | 1.97% |
| PUERTO RICO SALES TAX FING CORP SALES TAX REV 4.75% | PR.PRCGEN 4.75 07.01.2053 | 1.79% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Aug 29, 2025 | $0.026 | Sep 2, 2025 |
| Jul 31, 2025 | $0.026 | Aug 1, 2025 |
| Jun 30, 2025 | $0.026 | Jul 1, 2025 |
| May 30, 2025 | $0.026 | Jun 2, 2025 |
| Apr 30, 2025 | $0.0245 | May 1, 2025 |
| Mar 31, 2025 | $0.0245 | Apr 1, 2025 |