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Nuveen Limited Term Municipal Bond I (FLTRX) Fund Ranking and Research

Ranking, Research and Recommendation of Nuveen Limited Term Municipal Bond I (FLTRX) Fund

    Last Trade: $ on , Change: (0%)

 

Graph of Nuveen Limited Term Municipal Bond I Fund (FLTRX) ManagerFund Manager - Paul L. Brennan

Fund Manager Information

Fund Manager Tenure: 11.3 years
Similar Funds: FLTCX  FLTDX 
Fund Family: Nuveen
Fund Category: Muni National Short
Fund Performance: May 30, 2016
Fundmojo Fund Grade: B (Score: 0.67)     (What does this score mean?)
Paul L. Brennan, CFA, CPA, became a portfolio manager at Flagship Financial Inc. in 1994, and subsequently became a portfolio manager at Nuveen upon the acquisition of Flagship by Nuveen Investments in 1997. He manages investments for 24 Nuveen-sponsored investment companies, with a total of approximately $15.7 billion under management  Get more insights on Paul L. Brennan

 

Graph of Nuveen Limited Term Municipal Bond I Fund (FLTRX) ProfileNuveen Limited Term Municipal Bond I Fund (FLTRX) Profile

Fund Profile and Description

Nuveen Limited Term Municipal Bond I Fund seeks a high level of current interest income exempt from federal income tax, consistent with preservation of capital. Nuveen Limited Term Municipal Bond I Fund normally invests at least 80% of net assets in municipal bonds that pay interest that is exempt from regular federal personal income tax. It generally invests in bonds with short- to intermediate-term maturities. Nuveen Limited Term Municipal Bond I Fund invests at least 80% of net assets in investment grade municipal bonds rated BBB/Baa or higher at the time of purchase. It may invest up to 20% of net assets in below investment grade municipal bonds, commonly referred to as “high yield” or “junk” bonds.

 

Nuveen Limited Term Municipal Bond I (FLTRX) Fund Strength What we like about Nuveen Limited Term Municipal Bond I (FLTRX) Fund

Data for Nuveen Limited Term Municipal Bond I Fund (FLTRX) as of May 30, 2016

  • Nuveen Limited Term Municipal Bond I Fund (FLTRX) management has been with Nuveen Limited Term Municipal Bond I Fund for 11.3 years
  • Nuveen Limited Term Municipal Bond I Fund (FLTRX) has good short-term performance (1-year return 2.87% vs 1.39% Muni National Short category median performance)
  • Nuveen Limited Term Municipal Bond I Fund (FLTRX) has good mid-term performance (3-year return 1.98% vs 0.80% Muni National Short category median performance)
  • Nuveen Limited Term Municipal Bond I Fund (FLTRX) has good Long-term performance (5-year return 2.63% vs 1.38% Muni National Short category median performance)
  • Nuveen Limited Term Municipal Bond I Fund (FLTRX) ratio of up-years vs down years is greater than 2
  • Nuveen Limited Term Municipal Bond I Fund (FLTRX) has a Morningstar rating of 4 and above
  • Asset base in Nuveen Limited Term Municipal Bond I Fund (FLTRX) has been consistently increasing at a reasonable pace in the last 2 months. It shows investor confidence and market support
  • Nuveen Limited Term Municipal Bond I Fund (FLTRX) has an annual stock turnover rate of 20.00% vs Muni National Short average of 25.33%. It is good that Nuveen Limited Term Municipal Bond I management does not trade extensively for its return.
  • Nuveen Limited Term Municipal Bond I Fund (FLTRX) has a lower expense ratio than its Muni National Short average: 0.44% vs 0.71%
  • Nuveen Limited Term Municipal Bond I Fund (FLTRX) is a true no-load fund as it has no load and no 12b1 promotion, distributions, marketing expenses

Nuveen Limited Term Municipal Bond I Fund (FLTRX) Weakness What we are cautious about Nuveen Limited Term Municipal Bond I (FLTRX) Fund

Data for Nuveen Limited Term Municipal Bond I Fund (FLTRX) as of May 30, 2016

  • Nuveen Limited Term Municipal Bond I Fund (FLTRX) is less safe compared to its Muni National Short peers
  • Nuveen Limited Term Municipal Bond I Fund (FLTRX) is more volatile than its peers as it has a 3-year Standard Deviation of 1.72 that is higher than category average of 1.26
See Nuveen Limited Term Municipal Bond I Fund (FLTRX) performance details as of May 30, 2016

 

What do you think?

 

Compare Nuveen Limited Term Municipal Bond I Fund (FLTRX)Compare with other top Muni National Short category mutual funds

Aadditional top Muni National Short mutual funds for your consideration

FundYear to Date1 Year3 year5 year
Nuveen Limited Term Municipal Bond I1.202.871.982.63
Wells Fargo Advantage Strat Muni Bd Adm (VMPYX)1.413.242.513.08Compare

See top fund managers for Muni National Short Category Funds

 

Compare Nuveen Limited Term Municipal Bond I Fund (FLTRX)Compare with Muni National Short category ETFs

Some Muni National Short ETFs for your consideration

ETFYear to DateOne YearThree Year
Market Vectors Short Municipal ETF (SMB)1.00%2.60%1.17%
Market Vectors Pre-Refunded Muni ETF (PRB)0.80%2.12%0.37%
PIMCO Short Term Municipal Bond Actv ETF (SMMU)0.82%1.71%0.80%
iShares ST National AMTFree Muni Bnd (SUB)000
SPDR Nuveen Barclays ST Muni Bd ETF (SHM)000

 

Graph of Nuveen Limited Term Municipal Bond I Fund (FLTRX) Net Asset TrackingNuveen Limited Term Municipal Bond I (FLTRX) Fund Net Asset

Track net asset change of Nuveen Limited Term Municipal Bond I fund (FLTRX)

DateNet Asset
05/2016$4.59B
03/2016$4.42B
02/2016$4.38B
More historic net asset information on Nuveen Limited Term Municipal Bond I Fund (FLTRX)

  

Graph of Nuveen Limited Term Municipal Bond I Fund (FLTRX) Portfolio TrackingNuveen Limited Term Municipal Bond I (FLTRX) Fund Portfolio Allocation

Track portfolio allocation change of Nuveen Limited Term Municipal Bond I fund (FLTRX)

DateCashStockBondOther
04/20167.58%0%92.09%0.33%
03/20167.15%0%92.51%0.34%
01/20168.23%0%91.77%0%
Click here to see more historic asset allocation information on Nuveen Limited Term Municipal Bond I Fund (FLTRX)

 

graph of Nuveen Limited Term Municipal Bond I Fund (FLTRX) Top 10 Position TrackingTop 10 Holdings in Nuveen Limited Term Municipal Bond I (FLTRX) Fund

Discover what Nuveen Limited Term Municipal Bond I Fund (FLTRX) manager is buying

Apr 29, 2016
New York St Twy Auth 5% [1.18%]
Pennsylvania Econ Dev Fing Rev Bds 1.55% [0.84%]
New York N Y Go Bds 5% [0.74%]
Whiting Ind Environmental Facs Rev 1.85% [0.72%]
Maryland St Go Bds 5% [0.72%]
Clark Cnty Nev For Issues Dtd Go Ltd 5% [0.65%]
Golden St Tob Securitization C Toba 4.5% [0.63%]
California Statewide Cmntys De Rev 1.87% [0.62%]
New Jersey Econ Dev Auth 5% [0.61%]
Univ Tex Univ Revs Rev Ref B 5% [0.57%]

Mar 30, 2016
New York St Twy Auth 5% [1.22%]
Pennsylvania Econ Dev Fing Rev Bds 1.55% [0.86%]
New York N Y Go Bds 5% [0.76%]
Whiting Ind Environmental Facs Rev 1.85% [0.73%]
Maryland St Go Bds 5% [0.73%]
Clark Cnty Nev For Issues Dtd Go Ltd 5% [0.66%]
Golden St Tob Securitization C Toba 4.5% [0.64%]
New Jersey Econ Dev Auth 5% [0.62%]
Univ Tex Univ Revs Rev Ref B 5% [0.58%]
Pennsylvania Econ Dev Fing Rev Bds 5% [0.57%]

Jan 30, 2016
New York St Twy Auth 5% [1.3%]
Pennsylvania Econ Dev Fing Rev Bds 1.55% [0.88%]
New York N Y Go Bds 5% [0.78%]
Whiting Ind Environmental Facs Rev 1.85% [0.76%]
Maryland St Go Bds 5% [0.76%]
Golden St Tob Securitization C Toba 4.5% [0.65%]
New Jersey Econ Dev Auth 5% [0.64%]
Pennsylvania Econ Dev Fing Rev Bds 5% [0.59%]
Univ Tex Univ Revs Rev Ref B 5% [0.59%]
Washington St Go Ref Bd 5% [0.56%]
Click here for Stock Holding Change Map in Nuveen Limited Term Municipal Bond I Fund (FLTRX)

  

Latest News on Nuveen Limited Term Municipal Bond I (FLTRX) Fund

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Nuveen Limited Term Municipal Bond I Fund (FLTRX) Related ResourcesSee more information on Nuveen Limited Term Municipal Bond I (FLTRX) Fund

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