Nuveen New Mexico Municipal Bond Fund Class C (FNCCX)
| Fund Assets | 70.27M |
| Expense Ratio | 1.70% |
| Min. Investment | $3,000 |
| Turnover | 16.00% |
| Dividend (ttm) | 0.22 |
| Dividend Yield | 2.29% |
| Dividend Growth | 0.90% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Feb 27, 2026 |
| Previous Close | 9.77 |
| YTD Return | 1.23% |
| 1-Year Return | 4.08% |
| 5-Year Return | -0.65% |
| 52-Week Low | 8.92 |
| 52-Week High | 9.78 |
| Beta (5Y) | n/a |
| Holdings | 79 |
| Inception Date | Feb 10, 2014 |
About FNCCX
Nuveen New Mexico Municipal Bond Fund Class C is a mutual fund focused on fixed income, primarily investing in municipal bonds issued within New Mexico. Its principal objective is to deliver a high level of current interest income that is exempt from regular federal, New Mexico state, and, in some cases, local income taxes. The fund allocates at least 80% of its net assets to municipal bonds, with a particular emphasis on investment-grade securities for credit quality. This asset is structured to appeal to investors seeking tax-advantaged monthly income and capital preservation. By targeting municipal bonds specific to New Mexico, the fund plays a key role in financing local public projects such as infrastructure, schools, and essential community services. With a broad portfolio of holdings and a recurring payout schedule, it serves as a specialized tool within the broader taxable fixed-income and municipal bond sectors, offering diversification and targeted geographic exposure for income-focused investors.
Performance
FNCCX had a total return of 4.08% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.88%.
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Feb 27, 2026 | $0.019 | Mar 2, 2026 |
| Jan 30, 2026 | $0.019 | Feb 2, 2026 |
| Dec 31, 2025 | $0.019 | Dec 31, 2025 |
| Nov 28, 2025 | $0.019 | Dec 1, 2025 |
| Oct 31, 2025 | $0.0185 | Nov 3, 2025 |
| Sep 30, 2025 | $0.0185 | Oct 1, 2025 |