Common Questions
Answers

What is a mutual fund?

A mutual fund is an investment that pools your money with the money of many other people with similar investment goals. Professional money managers use the pool of money to buy securities, that, in the team's judgment, will help achieve specified financial objectives. Together, investors potentially can reap more rewards with less risk investing together than alone through diversification.

Why should I invest in an advisor-sold fund?

Most of the sales charge includes a commission to your financial advisor. In return for this payment, the advisor can help you determine your needs and formulate long-term investment goals and objectives, set realistic expectations as to how each investment is likely to perform, and match your goals and objectives with appropriate investments. Over the long term, he or she can monitor your portfolio and regularly review your situation to make sure your strategy remains appropriate.

What kind of funds does Nuveen offer?

Nuveen offers a variety of national and state-specific municipal bond mutual funds, and several equity based funds. Whether capital appreciation, attractive, dependable income, or a balance between growth and income defines your investment objective, Nuveen has a fund to fit your needs. See our find a fund page for a complete list of all the funds Nuveen has available.

What state-specific municipal bond mutual funds do you offer?

  • Nuveen Arizona Municipal Bond Fund
  • Nuveen California High Yield Municipal Bond Fund
  • Nuveen California Municipal Bond Fund
  • Nuveen California Insured Municipal Bond Fund
  • Nuveen Colorado Municipal Bond Fund
  • Nuveen Connecticut Municipal Bond Fund
  • Nuveen Florida Preference Municipal Bond Fund
  • Nuveen Georgia Municipal Bond Fund
  • Nuveen Kansas Municipal Bond Fund
  • Nuveen Kentucky Municipal Bond Fund
  • Nuveen Louisiana Municipal Bond Fund
  • Nuveen Maryland Municipal Bond Fund
  • Nuveen Massachusetts Municipal Bond Fund
  • Nuveen Massachusetts Insured Municipal Bond Fund
  • Nuveen Michigan Municipal Bond Fund
  • Nuveen Missouri Municipal Bond Fund
  • Nuveen New Jersey Municipal Bond Fund
  • Nuveen New Mexico Municipal Bond Fund
  • Nuveen New York Municipal Bond Fund
  • Nuveen New York Insured Municipal Bond Fund
  • Nuveen NC Municipal Bond Fund
  • Nuveen Ohio Municipal Bond Fund
  • Nuveen Pennsylvania Municipal Bond Fund
  • Nuveen Tennessee Municipal Fund
  • Nuveen Virginia Municipal Bond Fund
  • Nuveen Wisconsin Municipal Bond Fund

When do the funds pay dividends?

  • Nuveen municipal and taxable fixed income funds pay dividends monthly.
  • Most other Nuveen mutual funds pay dividends annually. Check each fund page for the specific timing of when dividends are paid.

Do I have a choice on how my dividends will be paid?

Yes. You can elect to have your dividends reinvested, invested in another Nuveen Investments Fund, deposited directly in your bank checking or savings account or sent to you in a check.

How do I invest in Nuveen Funds?

To invest in a fund, call your financial advisor to get an application and fund prospectus. Be sure to review the prospectus carefully before investing. You can also contact a Nuveen Representative on the Investor line: 1-800-257-8787.

Do I need an advisor to invest?

You don't need an advisor to purchase shares of our mutual funds, but we do suggest that you speak with a professional financial consultant. They can be an invaluable source of expert and objective guidance in dealing with what can be a complex subject. Whether you need advice setting goals, dealing with tax issues, determining risks or developing an investment strategy, working with a financial advisor can be instrumental in helping you achieve your investment goals.

How can I receive information about a specific fund?

To receive more information about a specific fund, you can:

  • Download and view a prospectus now.
  • Call your financial advisor and ask for more information.
  • Call our Investor Services number at 1-800-257-8787 for more information about a particular fund.

What is the minimum investment?

The minimum investment for all funds is $3000. For our equity mutual funds, the Traditional/Roth IRA minimum is $1000 and the minimum for the Educational IRA is $500. The minimum for subsequent purchases is $50 (except for reinvestment).

How do I know which fund is suitable for me?

If you are looking for a recommendation for a particular investment, we suggest you consult a financial advisor. Your advisor will have the knowledge and experience to evaluate your investment needs in light of your current financial situation, your long-term goals and the risk you are willing to assume. With these factors in mind, your advisor can suggest an investment strategy that will help you achieve your financial goals.

Why do the Funds offer different share classes?

Many mutual fund companies offer investors a choice in the way the sales charge and other fees are structured. Nuveen Investments offers class A, C, R3, and I shares. You should consult a prospectus and your financial advisor to help you determine the most favorable arrangement for your situation.

Does Nuveen offer money market funds?

No.

Do any funds offer check writing privileges?

No.