Nuveen Minnesota Municipal Bond Fund (NTCCX)
| Fund Assets | 648.73M |
| Expense Ratio | 1.59% |
| Min. Investment | $3,000 |
| Turnover | 8.00% |
| Dividend (ttm) | 0.29 |
| Dividend Yield | 2.71% |
| Dividend Growth | 0.35% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Sep 30, 2025 |
| Previous Close | 10.61 |
| YTD Return | 1.08% |
| 1-Year Return | 0.17% |
| 5-Year Return | -1.60% |
| 52-Week Low | 10.19 |
| 52-Week High | 10.95 |
| Beta (5Y) | n/a |
| Holdings | 391 |
| Inception Date | Feb 10, 2014 |
About NTCCX
Nuveen Minnesota Municipal Bond Fund Class C is a mutual fund focused on providing investors with income that is generally exempt from both federal and Minnesota state income taxes. The fund primarily invests in investment-grade, long-term municipal bonds issued within Minnesota, with a targeted weighted average maturity in the 10- to 25-year range. This structure aims to serve investors seeking tax-advantaged income while maintaining a prudent approach to credit and interest rate risk. The fund's portfolio is diversified across various sectors, with notable exposure to municipal projects in healthcare, transportation, and housing, including significant holdings in local development authorities and airport revenue bonds. Nuveen Minnesota Municipal Bond Fund Class C is designed to appeal to investors seeking capital preservation and consistent current income, particularly those residing in Minnesota who benefit from the fund’s state-specific tax exemptions. With a substantial asset base and a focus on quality, the fund holds a prominent role in the municipal bond market segment, facilitating local infrastructure and public service financing while offering tax-efficient returns to its investors.
Performance
NTCCX had a total return of 0.17% in the past year, including dividends. Since the fund's inception, the average annual return has been 1.30%.
Top 10 Holdings
15.03% of assets| Name | Symbol | Weight |
|---|---|---|
| DULUTH MINN ECONOMIC DEV AUTH HEALTH CARE FACS REV 5% | MN.DULDEV 5 02.15.2048 | 2.01% |
| WESTERN MINN MUN PWR AGY MINN PWR SUPPLY REV 5% | MN.WESPWR 5 01.01.2049 | 1.76% |
| MINNEAPOLIS & ST PAUL MINN MET ARPTS COMMN ARPT REV 5% | MN.MINAPT 5 01.01.2047 | 1.72% |
| MINNEAPOLIS MINN HEALTH CARE SYS REV 4% | MN.MINMED 4 11.15.2039 | 1.50% |
| MINNEAPOLIS MINN HEALTH CARE SYS REV 3.55% | MN.MINMED 11.15.2048 | 1.46% |
| ST CLOUD MINN HEALTH CARE REV 5% | MN.SUDMED 5 05.01.2048 | 1.43% |
| ROCHESTER MINN HEALTH CARE FACS REV 2.95% | MN.MNHOSP 11.15.2064 | 1.40% |
| MINNEAPOLIS & ST PAUL MINN MET ARPTS COMMN ARPT REV 5% | MN.MINAPT 5 01.01.2046 | 1.27% |
| HENNEPIN CNTY MINN 5% | MN.HEN 5 12.01.2043 | 1.26% |
| MINNESOTA ST 5% | MN.MNS 5 08.01.2044 | 1.22% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Sep 30, 2025 | $0.024 | Oct 1, 2025 |
| Aug 29, 2025 | $0.024 | Sep 2, 2025 |
| Jul 31, 2025 | $0.024 | Aug 1, 2025 |
| Jun 30, 2025 | $0.024 | Jul 1, 2025 |
| May 30, 2025 | $0.024 | Jun 2, 2025 |
| Apr 30, 2025 | $0.024 | May 1, 2025 |