Mutual Fund Insights: Nuveen CA Insured Municipal Bond I Fund (NCIBX)

In-depth Analysis of Nuveen CA Insured Municipal Bond I Fund (NCIBX)

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See Nuveen CA Insured Municipal Bond I Fund (NCIBX) performance details as of January 31, 2010

  

Last Trade: $10.03 on 3/18/2010, Change: 0.00 (0%)

  

Fund Manager - Scott R. Romans

Fund Manager Tenure: 4.9 years   [Similar Funds: NCABX ]
Fundmojo Fund Grade: C (Score: 0.58)     (What does this score mean?)

Mr. Romans has been the portfolio manager of several Nuveen funds since 2003. Currently he manages 29 Nuveen-sponsored investment companies. He has been Vice President of NAM since 2004, Portfolio Manager since 2003, and was, formerly, Assistant Vice President (2003-2004) and Senior Analyst (2000-2003).  Get more insights on Scott R. Romans

  

 What we like about Nuveen CA Insured Municipal Bond I Fund (NCIBX)

Data for Nuveen CA Insured Municipal Bond I Fund (NCIBX) as of January 31, 2010

• Nuveen CA Insured Municipal Bond I Fund (NCIBX) management has been with Nuveen CA Insured Municipal Bond I Fund for 4.9 years
• Nuveen CA Insured Municipal Bond I Fund (NCIBX) has good mid-term performance (3-year return 2.07% vs 1.89% Muni California Long category average)
• Nuveen CA Insured Municipal Bond I Fund (NCIBX) has good Long-term performance (5-year return 2.65% vs 2.63% Muni California Long category average)
• Nuveen CA Insured Municipal Bond I Fund (NCIBX) ratio of up-years vs down years is greater than 2
• Nuveen CA Insured Municipal Bond I Fund (NCIBX) is less volatile than its peers as it has a 3-year Standard Deviation of 8.4, lower than category average of 8.45
• Nuveen CA Insured Municipal Bond I Fund (NCIBX) has a lower management fee than its Muni California Long average: 0.65% vs 1.04%
• Nuveen CA Insured Municipal Bond I Fund (NCIBX) is a true no-load fund as it has no load and no 12b1 promotion, distributions, marketing expenses

  

 What we are cautious about Nuveen CA Insured Municipal Bond I Fund (NCIBX)

Data for Nuveen CA Insured Municipal Bond I Fund (NCIBX) as of January 31, 2010

• Nuveen CA Insured Municipal Bond I Fund is a focused fund with 30.21% of the portfolio on top 10 securities. This tends to produce more volatility compared to a diversified fund. See fund top 10 holdings.
• Nuveen CA Insured Municipal Bond I Fund (NCIBX) has a less-than-ideal short-term performance (1-year return 10.99% vs 12.39% Muni California Long category average)
• Nuveen CA Insured Municipal Bond I Fund (NCIBX) has a Morningstar rating of 3 and below
• Nuveen CA Insured Municipal Bond I Fund (NCIBX) is less safe compared to its Muni California Long peers
• Nuveen CA Insured Municipal Bond I Fund (NCIBX) does not have a good risk adjusted return as its 3-year Alpha of -3.28 is worse than category average of -3.27, and its 3-year Sharpe ratio is 0.05

See Nuveen CA Insured Municipal Bond I Fund (NCIBX) performance details as of January 31, 2010

  

  

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Nuveen CA Insured Municipal Bond I Fund (NCIBX) Net Asset

Track net asset change of Nuveen CA Insured Municipal Bond I fund (NCIBX)

Date	Net Asset
01/2010	$98.14M
11/2009	$98.89M
10/2009	$98.60M

More historic net asset information on Nuveen CA Insured Municipal Bond I Fund (NCIBX)

  

Nuveen CA Insured Municipal Bond I Fund (NCIBX) Portfolio Allocation

Track portfolio allocation change of Nuveen CA Insured Municipal Bond I fund (NCIBX)

Date	Cash	Stock	Bond	Other
10/2009	0%	0%	100%	0%
09/2009	0%	0%	100%	0%
08/2009	0%	0%	100%	0%

Click here to see more historic asset allocation information on Nuveen CA Insured Municipal Bond I Fund (NCIBX)

  

Most Recent Top 10 Holdings in Nuveen CA Insured Municipal Bond I Fund (NCIBX)

Discover what Nuveen CA Insured Municipal Bond I Fund (NCIBX) manager is buying

31-Oct-09 Riverside Cnty Calif Asset Lea Leaseh 5% [4.21%] Central Uni Sch Dist 5% [3.67%] California Statewide Cmntys De Rev 5.75% [3.1%] Foothill / Eastern Transn Corr Rev Bd 5% [2.95%] Los Angeles Calif Uni Sch Dist 5.125% [2.93%] Paramount Calif Redev Agy Tax Ref Tax A [2.84%] California St Dept Vet Affairs Rev 5.35% [2.67%] San Francisco Calif City & Cnt Rev 5.25% [2.57%] Grossmont Calif Healthcare Dis Go Bds 5% [2.53%] CALIFORNIA HEALTH FACS FING AU HOSPITAL [2.45%]

30-Sep-09 Riverside Cnty Calif Asset Lea Leaseh 5% [4.16%] Central Uni Sch Dist 5% [3.67%] California Statewide Cmntys De Rev 5.75% [3.04%] Paramount Calif Redev Agy Tax Ref Tax A [2.93%] Foothill / Eastern Transn Corr Rev Bd 5% [2.91%] Los Angeles Calif Uni Sch Dist 5.125% [2.86%] California St Dept Vet Affairs Rev 5.35% [2.63%] Grossmont Calif Healthcare Dis Go Bds 5% [2.61%] SAN FRANCISCO CALIF CITY & CNT REV REF B [2.57%] CALIFORNIA HEALTH FACS FING AU HOSPITAL [2.54%]

31-Aug-09 Riverside Cnty Calif Asset Lea Leaseh 5% [4.17%] Central Uni Sch Dist 5% [3.71%] California Statewide Cmntys De Rev 5.75% [3.09%] Los Angeles Calif Uni Sch Dist 5.125% [2.99%] California St Dept Vet Affairs Rev 5.35% [2.74%] Paramount Calif Redev Agy Tax Ref Tax A [2.66%] Foothill / Eastern Transn Corr Rev Bd 5% [2.61%] Grossmont Calif Healthcare Dis Go Bds 5% [2.56%] San Francisco Calif City & Cnt Rev 5.25% [2.49%] Long Beach Calif Bd Fin Auth 5.25% [2.38%]

Click here for Stock Holding Change Map in Nuveen CA Insured Municipal Bond I Fund (NCIBX)

  

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See more information on Nuveen CA Insured Municipal Bond I Fund (NCIBX)

• Nuveen CA Insured Municipal Bond I Fund Insights
• Nuveen CA Insured Municipal Bond I Fund Performance Data
• Nuveen CA Insured Municipal Bond I Fund News
• Nuveen CA Insured Municipal Bond I Fund Score Explaination
• Nuveen CA Insured Municipal Bond I Fund Manager Information
• Historic Nuveen CA Insured Municipal Bond I Fund Asset Allocation Report
• Historic Nuveen CA Insured Municipal Bond I Fund Top 10 Holding Tracking
• Historic Nuveen CA Insured Municipal Bond I Fund Asset Under Management Tracking