Nuveen Kentucky Municipal Bond Fund Class A (FKYTX)
| Fund Assets | 216.02M |
| Expense Ratio | 1.13% |
| Min. Investment | $3,000 |
| Turnover | 23.00% |
| Dividend (ttm) | 0.30 |
| Dividend Yield | 2.91% |
| Dividend Growth | 13.52% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Feb 27, 2026 |
| Previous Close | 9.97 |
| YTD Return | -3.23% |
| 1-Year Return | 0.32% |
| 5-Year Return | -3.83% |
| 52-Week Low | 9.44 |
| 52-Week High | 10.42 |
| Beta (5Y) | n/a |
| Holdings | 97 |
| Inception Date | May 4, 1987 |
About FKYTX
Nuveen Kentucky Municipal Bond Fund Class A is an open-end mutual fund specializing in fixed income investments, with a primary focus on investment-grade municipal bonds issued within Kentucky. The fund’s chief objective is to generate a high level of current interest income that is exempt from federal and Kentucky state income taxes, and in certain cases, may also be free from local taxes. It emphasizes long-duration municipal securities, generally maintaining an effective duration above six years and an average maturity exceeding twelve years, aligning with the tax-exempt interests of Kentucky residents. The portfolio is constructed to support public sector projects such as healthcare, infrastructure, and local government initiatives, which in turn contribute to the state’s economic development. By concentrating investments within a single state, the fund enables state-specific tax benefits, making it especially relevant to investors seeking tax-advantaged income while supporting municipal growth. Managed by Nuveen’s team of experienced professionals, the fund plays a crucial role in the municipal finance sector by channeling capital into essential state and local projects while targeting preservation of capital and consistent, tax-efficient income for its shareholders.
Performance
FKYTX had a total return of 0.32% in the past year, including dividends. Since the fund's inception, the average annual return has been 8.77%.
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Feb 27, 2026 | $0.027 | Mar 2, 2026 |
| Jan 30, 2026 | $0.027 | Feb 2, 2026 |
| Dec 31, 2025 | $0.027 | Dec 31, 2025 |
| Nov 28, 2025 | $0.027 | Dec 1, 2025 |
| Oct 31, 2025 | $0.026 | Nov 3, 2025 |
| Sep 30, 2025 | $0.026 | Oct 1, 2025 |