Nuveen Connecticut Municipal Bond Fund Class A (FCTTX)
| Fund Assets | 234.98M |
| Expense Ratio | 0.80% |
| Min. Investment | $3,000 |
| Turnover | 24.00% |
| Dividend (ttm) | 0.31 |
| Dividend Yield | 3.05% |
| Dividend Growth | 9.19% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Feb 27, 2026 |
| Previous Close | 10.08 |
| YTD Return | -2.95% |
| 1-Year Return | 0.27% |
| 5-Year Return | -3.39% |
| 52-Week Low | 9.20 |
| 52-Week High | 10.09 |
| Beta (5Y) | n/a |
| Holdings | 145 |
| 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 0.27% in the past year, including dividends. Since the fund's inception, the average annual return has been 8.59%.
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Feb 27, 2026 | $0.026 | Mar 2, 2026 |
| Jan 30, 2026 | $0.026 | Feb 2, 2026 |
| Dec 31, 2025 | $0.026 | Dec 31, 2025 |
| Nov 28, 2025 | $0.026 | Dec 1, 2025 |
| Oct 31, 2025 | $0.026 | Nov 3, 2025 |
| Sep 30, 2025 | $0.026 | Oct 1, 2025 |