Nuveen Short Term Municipal Bond A (FSHAX)
| Fund Assets | 432.91M |
| Expense Ratio | 0.66% |
| Min. Investment | $3,000 |
| Turnover | 29.00% |
| Dividend (ttm) | 0.29 |
| Dividend Yield | 2.86% |
| Dividend Growth | 14.93% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Sep 30, 2025 |
| Previous Close | 9.92 |
| YTD Return | 3.04% |
| 1-Year Return | 3.31% |
| 5-Year Return | 6.89% |
| 52-Week Low | 9.75 |
| 52-Week High | 9.93 |
| Beta (5Y) | n/a |
| Holdings | 339 |
| Inception Date | Oct 25, 2002 |
About FSHAX
Nuveen Short Term Municipal Bond Fund Class A is a mutual fund that invests primarily in short-term, investment-grade municipal bonds. The fund's principal objective is to provide current income that is exempt from federal income tax, while also seeking preservation of capital. It maintains a targeted average weighted maturity of three years or less, which positions it in the "Muni National Short" category and typically reduces interest rate risk compared to longer-duration bond funds. The portfolio consists largely of securities issued by state and local governments or agencies, supporting infrastructure and public projects across the United States. By focusing on municipal bonds, the fund appeals to investors with an interest in tax-advantaged income solutions. With hundreds of holdings and a regular monthly distribution, Nuveen Short Term Municipal Bond Fund Class A plays a significant role in the market by offering a lower volatility fixed income option, especially suited to those seeking stable cash flow and a measure of protection from federal taxes on income, within the constraints of short-duration risk and tax efficiency.
Performance
FSHAX had a total return of 3.31% in the past year, including dividends. Since the fund's inception, the average annual return has been 1.90%.
Top 10 Holdings
15.20% of assets| Name | Symbol | Weight |
|---|---|---|
| COLORADO HEALTH FACS AUTH REV 5% | CO.COSMED 05.15.2062 | 2.90% |
| MARICOPA CNTY ARIZ INDL DEV AUTH REV 5% | AZ.MARDEV 01.01.2046 | 1.77% |
| MAIN STR NAT GAS INC GA GAS SUPPLY REV 4% | GA.MAIUTL 07.01.2052 | 1.64% |
| METROPOLITAN WASH D C ARPTS AUTH ARPT SYS REV 5% | DC.METAPT 5 10.01.2026 | 1.42% |
| HARRIS CNTY TEX CULTURAL ED FACS FIN CORP REV 5% | TX.HAREDU 07.01.2049 | 1.35% |
| WASHINGTON ST HEALTH CARE FACS AUTH REV 5% | WA.WASMED 08.01.2049 | 1.28% |
| WASHINGTON ST 5% | WA.WAS 5 07.01.2028 | 1.25% |
| ALASKA ST HSG FIN CORP 5% | AK.AKSHSG 5 12.01.2027 | 1.22% |
| UNIVERSITY DEL REV 1.75% | DE.UNIHGR 11.01.2035 | 1.20% |
| MASSACHUSETTS ST PORT AUTH REV 5% | MA.MASTRN 5 07.01.2026 | 1.18% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Sep 30, 2025 | $0.0245 | Oct 1, 2025 |
| Aug 29, 2025 | $0.0245 | Sep 2, 2025 |
| Jul 31, 2025 | $0.0245 | Aug 1, 2025 |
| Jun 30, 2025 | $0.0245 | Jul 1, 2025 |
| May 30, 2025 | $0.0245 | Jun 2, 2025 |
| Apr 30, 2025 | $0.0245 | May 1, 2025 |