Nuveen Kentucky Municipal Bond Fund Class I (FKYRX)
| Fund Assets | 216.02M |
| Expense Ratio | 0.93% |
| Min. Investment | $100,000 |
| Turnover | 23.00% |
| Dividend (ttm) | 0.32 |
| Dividend Yield | 3.22% |
| Dividend Growth | 12.67% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Feb 27, 2026 |
| Previous Close | 9.96 |
| YTD Return | 1.00% |
| 1-Year Return | 5.16% |
| 5-Year Return | 2.03% |
| 52-Week Low | 9.00 |
| 52-Week High | 9.97 |
| Beta (5Y) | 0.31 |
| Holdings | 97 |
| Inception Date | Feb 6, 1997 |
About FKYRX
Nuveen Kentucky Municipal Bond Fund Class I is an open-end mutual fund focused on providing a high level of current interest income that is exempt from federal, Kentucky state, and sometimes local income taxes. Targeting institutional investors, this fund primarily invests at least 80% of its assets in a diversified portfolio of investment-grade municipal bonds issued by state and local entities within Kentucky. These holdings include general obligation, revenue, and project-specific bonds that support essential public infrastructure such as healthcare, transportation, education, and utilities. With a relatively long effective duration, the fund is categorized under muni single state long, balancing yield and interest rate sensitivity. Its expense ratio is competitively low, positioned in the second-lowest fee quintile among peers. Investors benefit from monthly dividend payments and a portfolio structure designed to preserve capital while maximizing tax-exempt income. The fund's top holdings are concentrated in major public initiatives across Kentucky, reflecting its commitment to supporting the state’s public sector and offering investors an efficient way to pursue tax-advantaged income through municipal securities.
Performance
FKYRX had a total return of 5.16% in the past year, including dividends. Since the fund's inception, the average annual return has been 7.99%.
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Feb 27, 2026 | $0.0285 | Mar 2, 2026 |
| Jan 30, 2026 | $0.0285 | Feb 2, 2026 |
| Dec 31, 2025 | $0.0285 | Dec 31, 2025 |
| Nov 28, 2025 | $0.0285 | Dec 1, 2025 |
| Oct 31, 2025 | $0.0275 | Nov 3, 2025 |
| Sep 30, 2025 | $0.0275 | Oct 1, 2025 |