Nuveen New York Municipal Bond Fund Class C (NAJPX)
| Fund Assets | 1.04B |
| Expense Ratio | 1.55% |
| Min. Investment | $3,000 |
| Turnover | 14.00% |
| Dividend (ttm) | 0.31 |
| Dividend Yield | 3.15% |
| Dividend Growth | n/a |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jul 31, 2026 |
| Previous Close | 9.70 |
| YTD Return | 2.07% |
| 1-Year Return | 6.04% |
| 5-Year Return | -3.33% |
| 52-Week Low | 9.22 |
| 52-Week High | 9.73 |
| Beta (5Y) | 0.07 |
| Holdings | 204 |
| Inception Date | Feb 10, 2014 |
About NAJPX
Nuveen New York Municipal Bond Fund Class C is an open-end mutual fund focused on investing primarily in investment-grade municipal bonds issued within the state of New York. Its central purpose is to generate a high level of current interest income that is generally exempt from regular federal, New York State, and in some cases New York City, personal income taxes. The fund allocates at least 80% of its assets to such tax-advantaged municipal securities, which may include various revenue bonds, general obligation bonds, and other debt instruments supporting public infrastructure and essential services across New York. A portion of the portfolio—up to 20%—can also be invested in below investment-grade bonds, providing additional yield potential but introducing more credit risk. Targeting both income-focused individuals and those seeking to mitigate tax liabilities, this fund pays monthly dividends and maintains a diversified portfolio with over 190 holdings. Its structure makes it particularly relevant for New York residents looking for tax-efficient fixed income exposure, and its sizable asset base underlines its enduring role in the municipal bond market.
Performance
NAJPX had a total return of 6.04% in the past year, including dividends. Since the fund's inception, the average annual return has been 1.34%.
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jul 31, 2026 | $0.0255 | Aug 3, 2026 |
| Jun 30, 2026 | $0.0255 | Jul 1, 2026 |
| May 29, 2026 | $0.0255 | Jun 1, 2026 |
| Apr 30, 2026 | $0.0255 | May 1, 2026 |
| Mar 31, 2026 | $0.0255 | Apr 1, 2026 |
| Feb 27, 2026 | $0.0255 | Mar 2, 2026 |