Nuveen Connecticut Municipal Bond Fund Class A (FCTTX)
| Fund Assets | 250.74M |
| Expense Ratio | 0.80% |
| Min. Investment | $3,000 |
| Turnover | 13.00% |
| Dividend (ttm) | 0.31 |
| Dividend Yield | 3.14% |
| Dividend Growth | 8.52% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | May 29, 2026 |
| Previous Close | 9.53 |
| YTD Return | 0.39% |
| 1-Year Return | 5.50% |
| 5-Year Return | 1.01% |
| 52-Week Low | 9.15 |
| 52-Week High | 9.72 |
| 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 5.50% in the past year, including dividends. Since the fund's inception, the average annual return has been 4.13%.
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| 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 |
| Jan 30, 2026 | $0.026 | Feb 2, 2026 |
| Dec 31, 2025 | $0.026 | Dec 31, 2025 |