Investment Strategy
| The Fund invests primarily in investment-grade municipal bonds and may invest up to 50% of the net assets in out of state bonds. Designed to provide as high a level of current interest income exempt from regular federal, state, and in some cases, local income taxes as is consistent with preservation of capital.* |
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Who should invest
Investors Seeking to:
| - Earn regular monthly dividends
- Keep more of what they earn
- Preserve investment capital over time
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A Word On Risk
| Investing in municipal bonds involves interest rate risk, the risk that interest rates will rise, causing bond prices to fall; and credit risk, the risk that an issuer of a municipal bond will be unable to make interest and principal payments. As with any mutual fund, loss of principal is a risk of investing. |
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Fund Basics: Shares
Select Share Class:
A | B | C | I
| Fund Symbol | FLOTX |
| Fund Cusip | 67065L708 |
| Inception Date | 6/15/1990 |
| Latest NAV as of 9/02/2010 | $9.77 |
| Latest Monthly Dividend (9/01/2010) | $0.0365 |
| Fund Symbol | FLOBX |
| Fund Cusip | 67065L658 |
| Inception Date | 2/03/1997 |
| Latest NAV as of 9/02/2010 | $9.77 |
| Latest Monthly Dividend (9/01/2010) | $0.0305 |
| Fund Symbol | FLCTX |
| Fund Cusip | 67065L641 |
| Inception Date | 9/14/1995 |
| Latest NAV as of 9/02/2010 | $9.75 |
| Latest Monthly Dividend (9/01/2010) | $0.0325 |
| Fund Symbol | |
| Fund Cusip | |
| Inception Date | |
| Latest NAV as of | |
| Fund Symbol | NMFLX |
| Fund Cusip | 67065L872 |
| Inception Date | 2/03/1997 |
| Latest NAV as of 9/02/2010 | $9.77 |
| Latest Monthly Dividend (9/01/2010) | $0.0385 |
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Portfolio Manager(s)
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 | Daniel J. Close, CFA joined Nuveen Investments in 2000 as a member of Nuveen's product management and development team, where he was responsible for the oversight and development of Nuveen's mutual fund product line. He then served as a research analyst for Nuveen's municipal investing team, covering corporate-backed, energy, transportation and utility credits. He received his BS in Business from Miami University and his MBA from Northwestern University's Kellogg School of Management. Daniel has earned the Chartered Financial Analyst designation. |
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| *Some income may be subject to state and local taxes and to the federal alternative minimum tax. Capital gains, if any, are subject to tax. Florida has repealed its intangibles tax effective January 1, 2007. As a result of the repeal, the tax advantage to owning Florida municipal bonds no longer applies to Florida residents. Shareholders should consult their tax advisor regarding the consequences that the repeal will have on their specific tax situation. Effective June 1, 2007, the name of the Fund changed from Nuveen Florida Municipal Bond Fund to Nuveen Florida Preference Municipal Bond Fund. Due to the repeal of the intangibles tax, the Fund will expand its investment universe to allow up to 50% of the Fund’s net assets to be invested in out of state bonds. There have been no changes in the Fund's investment objective. |
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