Nuveen Georgia Municipal Bond Fund Class I (FGARX)
| Fund Assets | 148.16M |
| Expense Ratio | 0.65% |
| Min. Investment | $100,000 |
| Turnover | 13.00% |
| Dividend (ttm) | 0.32 |
| Dividend Yield | 3.37% |
| Dividend Growth | 5.32% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Aug 29, 2025 |
| Previous Close | 9.31 |
| YTD Return | -1.82% |
| 1-Year Return | -1.41% |
| 5-Year Return | -3.45% |
| 52-Week Low | 9.20 |
| 52-Week High | 9.90 |
| Beta (5Y) | n/a |
| Holdings | 83 |
| Inception Date | Feb 13, 1997 |
About FGARX
Nuveen Georgia Municipal Bond Fund Class I is a mutual fund focused on generating high levels of current interest income that is exempt from regular federal and Georgia state income taxes. The fund primarily invests at least 80% of its assets in investment-grade municipal bonds issued by entities within Georgia, such as state authorities, local governments, and development agencies, targeting income stability and capital preservation. Designed for institutional investors, this share class carries a minimum investment threshold and offers a competitive expense ratio among peers. The fund's holdings are diversified across numerous projects supporting public infrastructure, healthcare, education, and utilities throughout Georgia, reflecting its single-state, long-duration municipal bond strategy. By offering monthly income distributions and concentrating on bonds with favorable credit qualities, the Nuveen Georgia Municipal Bond Fund Class I serves investors seeking geographically targeted tax-exempt income, while providing support to essential public projects within Georgia.
Performance
FGARX had a total return of -1.41% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.42%.
Top 10 Holdings
25.36% of assets| Name | Symbol | Weight |
|---|---|---|
| Macon Water Authority, Georgia, Water and Sewer Revenue Bonds, Series 2024 | n/a | 3.59% |
| Georgia Ports Authority, Revenue Bonds, Series 2021 | GA.GASTRN 4 07.01.2046 | 2.99% |
| DeKalb County, Georgia, Water and Sewerage Revenue Bonds, Second Resolution Series Series 2022 | GA.DEKUTL 5 10.01.2052 | 2.73% |
| Private Colleges and Universities Authority, Georgia, Revenue Bonds, Emory University, Refunding Series 2016A | n/a | 2.68% |
| Gainesville and Hall County Hospital Authority, Georgia, Revenue Anticipation Certificates, Northeast Georgia Health Services Inc., Series 2017B | GA.GAIMED 5.25 02.15.2045 | 2.68% |
| DeKalb County Housing Authority, Georgia, Multifamily Housing Revenue Bonds, Kensington Station Project, Series 2023 | GA.DEKMFH 4 12.01.2033 | 2.39% |
| Georgia Ports Authority, Revenue Bonds, Series 2022 | n/a | 2.19% |
| Brookhaven Development Authority, Georgia, Revenue Bonds, Children's Healthcare of Atlanta, Inc. Project, Series 2019A | n/a | 2.05% |
| Monroe, Georgia, Combined Utilities Revenue Bonds, Series 2020 | GA.MONUTL 4 12.01.2050 | 2.03% |
| Atlanta, Georgia, General Obligation Bonds, Public Improvement Social Series 2022A-1 | GA.ATL 5 12.01.2041 | 2.02% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Aug 29, 2025 | $0.0275 | Sep 2, 2025 |
| Jul 31, 2025 | $0.0265 | Aug 1, 2025 |
| Jun 30, 2025 | $0.0265 | Jul 1, 2025 |
| May 30, 2025 | $0.0265 | Jun 2, 2025 |
| Apr 30, 2025 | $0.0265 | May 1, 2025 |
| Mar 31, 2025 | $0.0265 | Apr 1, 2025 |