Nuveen CA Municipal Bond I (NCSPX)
| Fund Assets | 1.62B |
| Expense Ratio | 0.54% |
| Min. Investment | $100,000 |
| Turnover | 21.00% |
| Dividend (ttm) | 0.39 |
| Dividend Yield | 3.95% |
| Dividend Growth | n/a |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Sep 30, 2025 |
| Previous Close | 9.88 |
| YTD Return | 0.85% |
| 1-Year Return | 0.26% |
| 5-Year Return | 1.59% |
| 52-Week Low | 9.48 |
| 52-Week High | 10.30 |
| Beta (5Y) | n/a |
| Holdings | 302 |
| Inception Date | Jul 1, 1986 |
About NCSPX
Nuveen California Municipal Bond Fund Class I is a mutual fund specializing in fixed income investments, with a primary objective to deliver a high level of current interest income exempt from regular federal, California State, and, in some cases, local income taxes. Managed by Nuveen, the fund invests mainly in investment-grade municipal bonds issued within California, providing tax-sensitive investors access to a diversified portfolio of high-quality debt obligations. The fund typically maintains a long-term portfolio structure, focusing on the preservation of capital while supporting public projects and infrastructure throughout the state. It predominantly targets the municipal bonds sector, impacting areas such as education, transportation, and utilities, which are vital to California's local and state development. With significant total assets and an expense ratio managed to remain competitive within its category, the fund serves as a strategic vehicle for investors seeking tax-exempt income and exposure to California’s municipal bond market.
Performance
NCSPX had a total return of 0.26% in the past year, including dividends. Since the fund's inception, the average annual return has been 4.47%.
Top 10 Holdings
17.58% of assets| Name | Symbol | Weight |
|---|---|---|
| LOS ANGELES CNTY CALIF 5% | CA.LOS 5 06.30.2026 | 2.53% |
| LOS ANGELES CALIF DEPT WTR & PWR REV 5% | CA.LOSUTL 5 07.01.2050 | 2.10% |
| LOS ANGELES CALIF 5% | CA.LOS 5 06.25.2026 | 2.05% |
| CALIFORNIA HEALTH FACS FING AUTH REV 4% | CA.CASMED 4 04.01.2049 | 1.86% |
| PUERTO RICO SALES TAX FING CORP SALES TAX REV 5% | PR.PRCGEN 5 07.01.2058 | 1.82% |
| LOS ANGELES CALIF DEPT ARPTS REV 5% | CA.LOSAPT 5 05.15.2044 | 1.54% |
| CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REV 5% | CA.CCEDEV 01.01.2055 | 1.53% |
| CALIFORNIA ST 5% | CA.CAS 5 10.01.2047 | 1.46% |
| CALIFORNIA CMNTY HSG AGY ESSENTIAL HSG REV 5% | CA.CCHHSG 5 02.01.2050 | 1.35% |
| CALIFORNIA CMNTY HSG AGY WORKFORCE HSG REV 5% | CA.CCHHSG 5 04.01.2049 | 1.34% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Sep 30, 2025 | $0.0325 | Oct 1, 2025 |
| Aug 29, 2025 | $0.0325 | Sep 2, 2025 |
| Jul 31, 2025 | $0.0325 | Aug 1, 2025 |
| Jun 30, 2025 | $0.0325 | Jul 1, 2025 |
| May 30, 2025 | $0.0325 | Jun 2, 2025 |
| Apr 30, 2025 | $0.0325 | May 1, 2025 |