Nuveen Oregon Intermediate Municipal Bond Fund Class A (FOTAX)
| Fund Assets | 222.35M |
| Expense Ratio | 0.83% |
| Min. Investment | $3,000 |
| Turnover | 18.00% |
| Dividend (ttm) | 0.28 |
| Dividend Yield | 2.71% |
| Dividend Growth | 6.46% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Feb 27, 2026 |
| Previous Close | 9.97 |
| YTD Return | 1.32% |
| 1-Year Return | 5.70% |
| 5-Year Return | 3.31% |
| 52-Week Low | 9.45 |
| 52-Week High | 10.29 |
| Beta (5Y) | n/a |
| Holdings | 170 |
| Inception Date | Feb 1, 1999 |
About FOTAX
Nuveen Oregon Intermediate Municipal Bond Fund Class A is a mutual fund specializing in investment-grade, intermediate-term municipal bonds, primarily issued by governmental entities and agencies within Oregon. The fund’s core objective is to provide current income that is exempt from both federal and Oregon state income taxes, making it especially appealing to investors seeking tax-advantaged income. With a targeted weighted average maturity of 3 to 10 years, the fund balances interest rate sensitivity with moderate credit risk, aligning itself with the muni single-state intermediate portfolio category. The fund allocates its assets across diverse sectors, supporting essential public projects such as transportation, infrastructure, education, and utilities in Oregon. By focusing on high-quality municipal securities, Nuveen Oregon Intermediate Municipal Bond Fund Class A plays a significant role in state and local government financing while offering investors a vehicle for steady, tax-exempt returns in the broader municipal bond market.
Performance
FOTAX had a total return of 5.70% in the past year, including dividends. Since the fund's inception, the average annual return has been 4.25%.
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Feb 27, 2026 | $0.024 | Mar 2, 2026 |
| Jan 30, 2026 | $0.024 | Feb 2, 2026 |
| Dec 31, 2025 | $0.024 | Dec 31, 2025 |
| Nov 28, 2025 | $0.024 | Dec 1, 2025 |
| Oct 31, 2025 | $0.023 | Nov 3, 2025 |
| Sep 30, 2025 | $0.023 | Oct 1, 2025 |