Nuveen Connecticut Municipal Bond Fund Class A (FCTTX)
| Fund Assets | 252.38M |
| Expense Ratio | 0.81% |
| Min. Investment | $3,000 |
| Turnover | 13.00% |
| Dividend (ttm) | 0.31 |
| Dividend Yield | 3.09% |
| Dividend Growth | 6.67% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jul 31, 2026 |
| Previous Close | 9.65 |
| YTD Return | 2.20% |
| 1-Year Return | 7.03% |
| 5-Year Return | 1.49% |
| 52-Week Low | 9.15 |
| 52-Week High | 9.72 |
| Beta (5Y) | 0.03 |
| Holdings | 151 |
| 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 7.03% in the past year, including dividends. Since the fund's inception, the average annual return has been 4.16%.
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jul 31, 2026 | $0.026 | Aug 3, 2026 |
| Jun 30, 2026 | $0.026 | Jul 1, 2026 |
| May 29, 2026 | $0.026 | Jun 1, 2026 |
| Apr 30, 2026 | $0.026 | May 1, 2026 |
| Mar 31, 2026 | $0.026 | Apr 1, 2026 |
| Feb 27, 2026 | $0.026 | Mar 2, 2026 |