Nuveen Short Term Municipal Bond I (FSHYX)

Fund Assets	402.12M
Expense Ratio	0.41%
Min. Investment	$100,000
Turnover	46.00%
Dividend (ttm)	0.29
Dividend Yield	2.98%
Dividend Growth	-5.48%
Payout Frequency	Monthly
Ex-Dividend Date	Aug 31, 2026

Previous Close	9.82
YTD Return	0.96%
1-Year Return	1.85%
5-Year Return	8.04%
52-Week Low	9.79
52-Week High	9.94
Beta (5Y)	0.03
Holdings	380
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.

• Fund Family: Nuveen
• Category: Muni National Short
• Performance Rating: Average
• Risk Rating: Average
• Stock Exchange: NASDAQ
• Ticker Symbol: FSHYX
• Share Class: Class I
• Index: S&P Municipal Bond Short TR

Performance

FSHYX had a total return of 1.85% in the past year, including dividends. Since the fund's inception, the average annual return has been 2.09%.

Other Share Classes

These are alternative share classes of the same fund, from the same provider.

Symbol	Share Class	Expense Ratio
FSHAX	Class A	0.61%
NAAEX	Class C	1.41%

Dividend History

Ex-Dividend	Amount	Pay Date
Aug 31, 2026	$0.0235	Sep 1, 2026
Jul 31, 2026	$0.0235	Aug 3, 2026
Jun 30, 2026	$0.0235	Jul 1, 2026
May 29, 2026	$0.0235	Jun 1, 2026
Apr 30, 2026	$0.0245	May 1, 2026
Mar 31, 2026	$0.0245	Apr 1, 2026

Data Sources: Tiingo, Twelve Data, and more

Historical data is provided by Tiingo. Delayed stock pricing data is provided by Twelve Data. Several fund data points are also provided by Finnhub.

Last checked:

Aug 27, 2026

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