Nuveen Louisiana Municipal Bond Fund Class A (FTLAX)
NASDAQ · Mutual Fund
· Delayed Price · Currency is USD
10.25
-0.03 (-0.29%)
May 12, 2025, 4:00 PM EDT
-3.57% (1Y)
| Fund Assets | 214.03M |
| Expense Ratio | 0.83% |
| Min. Investment | $3,000 |
| Turnover | n/a |
| Dividend (ttm) | 0.32 |
| Dividend Yield | 2.97% |
| Dividend Growth | 5.96% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | May 30, 2025 |
| Previous Close | 10.28 |
| YTD Return | -1.57% |
| 1-Year Return | -0.62% |
| 5-Year Return | 6.49% |
| 52-Week Low | n/a |
| 52-Week High | n/a |
| Beta (5Y) | n/a |
| Holdings | 176 |
| Inception Date | Sep 12, 1989 |
About FTLAX
The Nuveen Louisiana Municipal Bond Fund Class A (FTLAX) seeks to provide you with as high a level of current interest income exempt from regular federal, Louisiana State and, in some cases, Louisiana local income taxes. FTLAX invests at least 80% of assets in municipal bonds that pay interest that is exempt from regular federal and Louisiana personal income tax.
Fund Family Nuveen Cl A
Category Muni Single State Long
Performance Rating Above Average
Risk Rating Above Average
Stock Exchange NASDAQ
Ticker Symbol FTLAX
Share Class - Class A
Index S&P Municipal Bond TR USD
Performance
FTLAX had a total return of -0.62% in the past year, including dividends. Since the fund's inception, the average annual return has been 4.74%.
Top 10 Holdings
19.07% of assets| Name | Symbol | Weight |
|---|---|---|
| LOUISIANA PUB FACS AUTH REV 4.25% | LA LASFAC 4.25 12.01.2038 | 3.14% |
| LOUISIANA PUB FACS AUTH LEASE REV 5% | LA LASFAC 5 07.01.2051 | 2.64% |
| LOUISIANA PUB FACS AUTH LEASE REV 5% | LA LASFAC 5 07.01.2059 | 1.99% |
| MATCHING FD SPL PURP SECURITIZATION CORP VIRGIN IS 5% | VI MFCFAC 5 10.01.2039 | 1.88% |
| LOUISIANA PUB FACS AUTH HOSP REV 5% | LA LASMED 5 07.01.2047 | 1.77% |
| Net Receivable For Sale Of Vistra Vision Class B Units | n/a | 1.77% |
| LOUISIANA PUB FACS AUTH REV 5.25% | LA LASFAC 5.25 10.01.2048 | 1.53% |
| LOUISIANA PUB FACS AUTH REV 5% | LA LASFAC 5 09.01.2066 | 1.51% |
| LOUISIANA ST GAS & FUELS TAX REV 4% | LA LASGEN 4 05.01.2044 | 1.46% |
| NEW ORLEANS LA 4% | LA NEW 4 10.01.2037 | 1.38% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| May 30, 2025 | $0.0285 | Jun 2, 2025 |
| Apr 30, 2025 | $0.0265 | May 1, 2025 |
| Mar 31, 2025 | $0.0265 | Apr 1, 2025 |
| Feb 28, 2025 | $0.0265 | Mar 3, 2025 |
| Jan 31, 2025 | $0.0265 | Feb 3, 2025 |
| Dec 31, 2024 | $0.0265 | Dec 31, 2024 |