Nuveen California Municipal Bond Fund Class A (NCAAX)
NASDAQ · Mutual Fund · Delayed Price · Currency is USD
9.57
-0.05 (-0.52%)
Jul 16, 2025, 4:00 PM EDT
-5.81%(1Y)
Fund Assets
1.62B
Expense Ratio
0.74%
Min. Investment
$3,000
Turnover
21.00%
Dividend (ttm)
0.37
Dividend Yield
3.66%
Dividend Growth
0.82%
Payout Frequency
Monthly
Ex-Dividend Date
Jul 31, 2025
Previous Close
9.62
YTD Return
-2.36%
1-Year Return
-1.44%
5-Year Return
-1.78%
52-Week Low
9.48
52-Week High
10.29
Beta (5Y)
0.28
Holdings
314
Inception Date
Sep 6, 1994
About NCAAX
Nuveen California Municipal Bond Fund Class A is a mutual fund focused on generating a high level of current interest income that is generally exempt from federal, California state, and in some cases, local income taxes. The fund primarily invests in a diversified portfolio of investment-grade municipal bonds issued within California, aiming to preserve capital while maximizing tax-exempt income for shareholders. Notably, up to 20% of its assets may be allocated to below investment grade municipal bonds, broadening its opportunity set within the municipal market. With over 300 individual holdings, the fund covers key sectors such as public utilities, education, health facilities, and essential public projects, making it integral to California’s municipal finance ecosystem. The fund appeals to investors seeking tax-advantaged fixed income solutions, particularly those residing in California. Managed by Nuveen, a recognized leader in municipal investing, this fund plays an important role in facilitating infrastructure and public service financing while offering potential for stable, tax-exempt income streams to its investors.
Fund FamilyNuveen
CategoryMuni California Long
Stock ExchangeNASDAQ
Ticker SymbolNCAAX
Share Class- Class A
IndexS&P Municipal Bond TR USD
Performance
NCAAX had a total return of -1.44% in the past year, including dividends. Since the fund's
inception, the average annual return has been 4.04%.
Chart
Bar chart with 6 bars.
The chart has 1 X axis displaying categories.
The chart has 1 Y axis displaying values. Data ranges from -2.3575837296367377 to 4.041.
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Other Share Classes
These are alternative share classes of the same fund, from the same provider.