Investment Strategy
| The Fund invests primarily in investment-grade municipal bonds and is 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.* |
|
Who should invest
Investors Seeking to:
| - Earn regular monthly dividends
- Keep more of what they earn
- Preserve investment capital over time
|
|
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. |
|
|
Fund Basics: Shares
Select Share Class:
A | B | C | I
| Fund Symbol | FPNTX |
| Fund Cusip | 67065L740 |
| Inception Date | 10/29/1986 |
| Latest NAV as of 9/02/2010 | $10.79 |
| Latest Monthly Dividend (9/01/2010) | $0.0360 |
| Fund Symbol | FPMMX |
| Fund Cusip | 67065L732 |
| Inception Date | 2/03/1997 |
| Latest NAV as of 9/02/2010 | $10.80 |
| Latest Monthly Dividend (9/01/2010) | $0.0295 |
| Fund Symbol | FPMBX |
| Fund Cusip | 67065L724 |
| Inception Date | 2/02/1994 |
| Latest NAV as of 9/02/2010 | $10.75 |
| Latest Monthly Dividend (9/01/2010) | $0.0310 |
| Fund Symbol | |
| Fund Cusip | |
| Inception Date | |
| Latest NAV as of | |
| Fund Symbol | NBPAX |
| Fund Cusip | 67065L716 |
| Inception Date | 2/03/1997 |
| Latest NAV as of 9/02/2010 | $10.76 |
| Latest Monthly Dividend (9/01/2010) | $0.0375 |
|
|
|
|
Portfolio Manager(s)
|
|
 | Cathryn P. Steeves, Ph.D. serves as a portfolio manager for several Nuveen East Coast state-specific open-end municipal bond funds, as well as various Midwest and Southeast municipal bond funds. In addition, she manages several of Nuveen's closed-end funds. She joined Nuveen in 1996 and worked as a senior analyst analyzing hospitals, nursing homes and continuing care retirement facilities. She earned her undergraduate degree from Wake Forest University and her M.A., M. Phil. and Ph.D. from Columbia University. |
|
|
|
|
|
|
| *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. |
|
|
|