Nuveen All-American Municipal Bond Fund Class A (FLAAX)
| Fund Assets | 4.02B |
| Expense Ratio | 0.76% |
| Min. Investment | $3,000 |
| Turnover | 33.00% |
| Dividend (ttm) | 0.42 |
| Dividend Yield | 4.03% |
| Dividend Growth | 7.71% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Dec 31, 2025 |
| Previous Close | 10.39 |
| YTD Return | 2.21% |
| 1-Year Return | 0.55% |
| 5-Year Return | -2.66% |
| 52-Week Low | 9.73 |
| 52-Week High | 10.42 |
| Beta (5Y) | 0.34 |
| Holdings | 927 |
| Inception Date | Oct 3, 1988 |
About FLAAX
The Nuveen All-American Municipal Bond Fund Class A is a mutual fund focused on delivering a high level of current interest income that is generally exempt from regular federal income taxes. Targeting preservation of capital, the fund primarily invests in investment-grade, long-term municipal bonds with a weighted average maturity exceeding 10 years. The portfolio management team employs extensive credit analysis to identify and exploit relative value and inefficiencies within the U.S. municipal bond market. With a broad investment mandate, the fund holds bonds issued by various state and local government entities, supporting infrastructure, education, and public projects nationwide. This approach provides broad diversification across regions and sectors within the municipal market. The Nuveen All-American Municipal Bond Fund Class A is considered a core holding in the municipal bond category, notable for its sizable asset base and established history since its inception in 1988. It distributes income on a monthly basis and is designed to appeal to investors seeking steady, tax-advantaged income while managing risk through credit quality and a long-term investment focus.
Performance
FLAAX had a total return of 0.55% in the past year, including dividends. Since the fund's inception, the average annual return has been 10.01%.
Top 10 Holdings
8.39% of assets| Name | Symbol | Weight |
|---|---|---|
| CHICAGO ILL BRD ED DEDICATED CAP IMPT 6% | IL.CHIEDU 6 04.01.2046 | 1.83% |
| ILLINOIS ST 5% | IL.ILS 5 09.01.2037 | 0.82% |
| IOWA FIN AUTH MIDWESTERN DISASTER AREA REV 5% | IA.IASGEN 12.01.2050 | 0.79% |
| PUERTO RICO SALES TAX FING CORP SALES TAX REV 0% | PR.PRCGEN 0 07.01.2051 | 0.79% |
| CALIFORNIA MUN FIN AUTH REV 5% | CA.CASFIN 5 12.31.2038 | 0.74% |
| NJ TRANSPRTN TRUST-AA | NJ.NJSTRN 5 06.15.2050 | 0.71% |
| NEW YORK TRANSN DEV CORP SPL FAC REV 5% | NY.NYTTRN 5 07.01.2041 | 0.69% |
| PENNSYLVANIA ST TPK COMMN TPK REV 5% | PA.PASTRN 5 06.01.2042 | 0.69% |
| Net Receivable For Sale Of Vistra Vision Class B Units | n/a | 0.67% |
| BLACK BELT ENERGY GAS DIST ALA GAS PROJ REV 5.25% | AL.BBEUTL 05.01.2056 | 0.67% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 31, 2025 | $0.0355 | Dec 31, 2025 |
| Nov 28, 2025 | $0.0355 | Dec 1, 2025 |
| Oct 31, 2025 | $0.0355 | Nov 3, 2025 |
| Sep 30, 2025 | $0.0355 | Oct 1, 2025 |
| Aug 29, 2025 | $0.0355 | Sep 2, 2025 |
| Jul 31, 2025 | $0.0345 | Aug 1, 2025 |