Nuveen Georgia Municipal Bond Fund Class A (FGATX)
| Fund Assets | 148.16M |
| Expense Ratio | 0.85% |
| Min. Investment | $3,000 |
| Turnover | 13.00% |
| Dividend (ttm) | 0.30 |
| Dividend Yield | 3.04% |
| Dividend Growth | 5.65% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Aug 29, 2025 |
| Previous Close | 9.33 |
| YTD Return | -1.92% |
| 1-Year Return | -1.61% |
| 5-Year Return | -4.42% |
| 52-Week Low | 9.23 |
| 52-Week High | 9.93 |
| Beta (5Y) | n/a |
| Holdings | 83 |
| Inception Date | Mar 27, 1986 |
About FGATX
Nuveen Georgia Municipal Bond Fund Class A is a municipal bond mutual fund focused on providing investors with a high level of current interest income that is generally exempt from regular federal and Georgia state income tax. The fund primarily invests in investment-grade municipal securities issued by state and local governments within Georgia, aiming to support public infrastructure and community projects. By concentrating on bonds from a single state, the fund seeks to offer tax-advantaged income specifically beneficial for residents of Georgia, although a portion of its assets may be allocated to securities from outside the state. Notably, the fund can invest up to 20% of its net assets in below investment grade municipal bonds, which may introduce higher credit risk in pursuit of enhanced yield. The portfolio typically maintains long-duration exposures, reflecting average maturities of more than 12 years. The Nuveen Georgia Municipal Bond Fund Class A plays an important role for investors seeking tax-efficient income within the municipal bond sector, particularly those with exposure to Georgia tax liabilities, and contributes to funding essential public sector projects across the state.
Performance
FGATX had a total return of -1.61% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.76%.
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 | $0.026 | Sep 2, 2025 |
| Jul 31, 2025 | $0.025 | Aug 1, 2025 |
| Jun 30, 2025 | $0.025 | Jul 1, 2025 |
| May 30, 2025 | $0.025 | Jun 2, 2025 |
| Apr 30, 2025 | $0.025 | May 1, 2025 |
| Mar 31, 2025 | $0.025 | Apr 1, 2025 |