Nuveen Nebraska Municipal Bond Fund Class C (NAAFX)

NASDAQ · Mutual Fund · Delayed Price · Currency is USD
9.82
+0.01 (0.10%)
Feb 13, 2026, 9:30 AM EST
Fund Assets69.83M
Expense Ratio1.64%
Min. Investment$3,000
Turnover19.00%
Dividend (ttm)0.23
Dividend Yield2.35%
Dividend Growth12.90%
Payout FrequencyMonthly
Ex-Dividend DateFeb 27, 2026
Previous Close9.81
YTD Return1.02%
1-Year Return3.92%
5-Year Return-5.35%
52-Week Low9.02
52-Week High9.82
Beta (5Y)n/a
Holdings95
Inception DateFeb 10, 2014

About NAAFX

Nuveen Nebraska Municipal Bond Fund Class C is an actively managed mutual fund specializing in municipal bonds issued within Nebraska. Its primary function is to generate maximum current income that is exempt from both federal and Nebraska state income taxes, catering to investors seeking tax-advantaged fixed income solutions. The fund invests at least 80% of its net assets in municipal securities whose interest is generally free from regular federal and state taxes, with a focus on long-term, investment-grade bonds. These bonds are used by Nebraska state and local governments to finance public projects such as schools, transportation, and infrastructure. Targeting a weighted average maturity of 10 to 25 years, the fund falls into the municipal single-state long category and holds a diversified portfolio of roughly 92 bonds. Monthly dividend distributions, an annualized yield, and a minimum investment threshold characterize its structure. By concentrating on a single state's tax-exempt debt market, this fund plays a specific role for Nebraska-based investors aiming to preserve capital and earn tax-free income while supporting public projects within their state.

Fund Family Nuveen
Category Muni Single State Long
Performance Rating Low
Risk Rating Above Average
Stock Exchange NASDAQ
Ticker Symbol NAAFX
Share Class Class C
Index S&P Municipal Bond TR USD

Performance

NAAFX had a total return of 3.92% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.23%.

Other Share Classes

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

SymbolShare ClassExpense Ratio
FNTYXClass I0.64%
FNTAXClass A0.84%

Dividend History

Ex-DividendAmountPay Date
Feb 27, 2026$0.0195Mar 2, 2026
Jan 30, 2026$0.0195Feb 2, 2026
Dec 31, 2025$0.0195Dec 31, 2025
Nov 28, 2025$0.0195Dec 1, 2025
Oct 31, 2025$0.0195Nov 3, 2025
Sep 30, 2025$0.0195Oct 1, 2025
Full Dividend History