Nuveen Short Term Municipal Bond Fund Class I (FSHYX)
| Fund Assets | 440.34M |
| Expense Ratio | 0.46% |
| Min. Investment | $100,000 |
| Turnover | 29.00% |
| Dividend (ttm) | 0.31 |
| Dividend Yield | 3.10% |
| Dividend Growth | 4.08% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Feb 27, 2026 |
| Previous Close | 9.91 |
| YTD Return | 0.65% |
| 1-Year Return | 3.59% |
| 5-Year Return | 7.48% |
| 52-Week Low | 9.51 |
| 52-Week High | 9.91 |
| Beta (5Y) | n/a |
| Holdings | 344 |
| Inception Date | Oct 25, 2002 |
About FSHYX
Nuveen Short Term Municipal Bond Fund Class I is an actively managed municipal bond mutual fund focused on providing current income that is generally exempt from regular federal income tax while emphasizing preservation of capital. The portfolio primarily holds investment‑grade, short‑term municipal securities, targeting an average weighted maturity of three years or less to limit interest‑rate sensitivity. It sits in the Muni National Short category, reflecting diversified exposure across states and public‑purpose sectors such as health care, education, transportation, and general obligations. The fund’s short effective duration and conservative credit profile position it as a cash‑flow–oriented core bond holding for investors seeking tax‑advantaged income with relatively lower volatility versus longer‑duration municipal strategies. Institutional share class features include a competitive net expense ratio and a high minimum initial investment, aligning the vehicle with professional allocators and large accounts. Backed by Nuveen’s municipal fixed‑income platform, the strategy applies active credit selection and structure management to navigate evolving municipal credit conditions and rate environments while maintaining its short‑term mandate.
Performance
FSHYX had a total return of 3.59% in the past year, including dividends. Since the fund's inception, the average annual return has been 4.18%.
Top 10 Holdings
14.27% of assets| Name | Symbol | Weight |
|---|---|---|
| COLORADO HEALTH FACS AUTH REV 5% | CO.COSMED 05.15.2062 | 2.35% |
| MARICOPA CNTY ARIZ INDL DEV AUTH REV 5% | AZ.MARDEV 01.01.2046 | 1.77% |
| 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% |
| FLORIDA ST MUN PWR AGY REV 5% | FL.FLSPWR 5 10.01.2029 | 1.29% |
| 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 | 1.21% |
| MASSACHUSETTS ST PORT AUTH REV 5% | MA.MASTRN 5 07.01.2026 | 1.18% |
| UNIVERSITY TEX UNIV REVS 5% | TX.UNIHGR 5 08.15.2028 | 1.17% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Feb 27, 2026 | $0.0245 | Mar 2, 2026 |
| Jan 30, 2026 | $0.0245 | Feb 2, 2026 |
| Dec 31, 2025 | $0.0245 | Dec 31, 2025 |
| Nov 28, 2025 | $0.0245 | Dec 1, 2025 |
| Oct 31, 2025 | $0.026 | Nov 3, 2025 |
| Sep 30, 2025 | $0.026 | Oct 1, 2025 |