About TIXHX
Nuveen 5-15 Year Laddered Tax-Exempt Bond Fund Class I is an actively managed municipal bond mutual fund focused on delivering current income that is exempt from regular federal income tax. It primarily invests in tax-exempt municipal securities, maintaining at least 80% of assets in bonds whose interest is federally tax-free, and structures holdings in a laddered maturity range of roughly five to fifteen years to balance income, interest rate sensitivity, and reinvestment timing. The portfolio may allocate a minority share to lower-rated or unrated municipals and private activity bonds, providing broader access to revenue-backed projects while maintaining a diversified risk profile across states and issuers. By concentrating in the intermediate segment of the muni curve, the fund targets a core role in tax-aware fixed income allocations, seeking steady, federally tax-exempt distributions with moderate duration exposure. Managed by Nuveen, a long-standing municipal market specialist, the strategy is positioned for investors prioritizing tax efficiency, disciplined maturity segmentation, and diversified municipal credit exposure across essential-service, transportation, education, and healthcare-related issuers.
Fund Family Nuveen
Category Muni National Interm
Performance Rating Below Average
Risk Rating Above Average
Stock Exchange NASDAQ
Ticker Symbol TIXHX
Share Class Class I
Index Bloomberg Municipal Bond 10 Y TR
TIXHX had a total return of 5.82% in the past year, including dividends. Since the fund's
inception, the average annual return has been 5.14%.