Nuveen Arizona Municipal Bond Fund Class C (FZCCX)
| Fund Assets | 161.77M |
| Expense Ratio | 1.63% |
| Min. Investment | $3,000 |
| Turnover | 16.00% |
| Dividend (ttm) | 0.23 |
| Dividend Yield | 2.32% |
| Dividend Growth | 3.87% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Aug 29, 2025 |
| Previous Close | 9.70 |
| YTD Return | -2.55% |
| 1-Year Return | -2.32% |
| 5-Year Return | -5.17% |
| 52-Week Low | 9.59 |
| 52-Week High | 10.31 |
| Beta (5Y) | n/a |
| Holdings | 184 |
| Inception Date | Feb 10, 2014 |
About FZCCX
Nuveen Arizona Municipal Bond Fund Class C is a mutual fund focused on generating a high level of current interest income that is exempt from regular federal, Arizona state, and in some cases Arizona local income taxes. The fund primarily invests at least 80% of its net assets in municipal bonds issued by Arizona municipalities, school districts, and state agencies, with a strong emphasis on investment-grade securities that support public projects and infrastructure. It is designed for investors seeking tax-advantaged income, particularly those residing in Arizona. The fund maintains a diversified portfolio of municipal bonds, including general obligation and revenue bonds, and pays dividends on a monthly basis. As part of its structure, the fund seeks to preserve capital while offering exposure to the state and local government bond market, enhancing income stability for long-term investors. The Class C share class features automatic conversion to Class A shares after eight years, reflecting an investor-oriented approach to long-term portfolio management.
Performance
FZCCX had a total return of -2.32% in the past year, including dividends. Since the fund's inception, the average annual return has been 0.97%.
Top 10 Holdings
17.46% of assets| Name | Symbol | Weight |
|---|---|---|
| Queen Creek, Arizona, Excise Tax & State Shared Revenue Obligation Bonds, Series 2020 | AZ.QUEGEN 4 08.01.2050 | 2.67% |
| Salt River Project Agricultural Improvement and Power District, Arizona, Electric System Revenue Bonds, Series 2024A | AZ.SALAGR 5.25 01.01.2054 | 2.63% |
| Yuma Industrial Development Authority, Arizona, Hospital Revenue Bonds, Yuma Regional Medical Center, Series 2024A | AZ.YUMDEV 5.25 08.01.2049 | 1.92% |
| Arizona Industrial Development Authority, Arizona, Lease Revenue Bonds, University of Indianapolis - Health Pavilion Project, Series 2019A | AZ.AZSGEN 5 10.01.2045 | 1.69% |
| Salt River Project Agricultural Improvement and Power District, Arizona, Electric System Revenue Bonds, Series 2023A | n/a | 1.60% |
| Maricopa County Industrial Development Authority, Arizona, Educational Facilities Revenue Bonds, Creighton University Projects, Series 2020 | AZ.MARHGR 5 07.01.2047 | 1.58% |
| Phoenix Civic Improvement Corporation, Arizona, Water System Revenue Bonds, Junior Lien Sustainability Series 2020A | n/a | 1.41% |
| Yavapai County Industrial Development Authority, Arizona, Hospital Revenue Bonds, Yavapai Regional Medical Center, Series 2019 | AZ.YAVMED 4 08.01.2043 | 1.36% |
| Yavapai County Jail District, Arizona, Pleged Revenue Obligation Bonds, Series 2020 | AZ.YAVGEN 4 07.01.2040 | 1.31% |
| Maricopa County Union High School District 210 Phoenix, Arizona, General Obligation Bonds, School Improvement Project 2011 and 2017, Series 2018 | AZ.MARSCD 5 07.01.2037 | 1.29% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Aug 29, 2025 | $0.020 | Sep 2, 2025 |
| Jul 31, 2025 | $0.020 | Aug 1, 2025 |
| Jun 30, 2025 | $0.020 | Jul 1, 2025 |
| May 30, 2025 | $0.020 | Jun 2, 2025 |
| Apr 30, 2025 | $0.0185 | May 1, 2025 |
| Mar 31, 2025 | $0.0185 | Apr 1, 2025 |