Investment Strategy
| The Fund generally invests at least 80% of its net assets in municipal securities that are covered by insurance guaranteeing the timely payment of principal and interest, primarily through investments in high-quality municipal bonds. The Fund seeks to provide as high a level of current income exempt from regular federal and New York personal income tax.* |
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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 | NNYIX |
| Fund Cusip | 67065N639 |
| Inception Date | 9/07/1994 |
| Latest NAV as of 9/02/2010 | $10.40 |
| Latest Monthly Dividend (9/01/2010) | $0.0325 |
| Fund Symbol | NNIMX |
| Fund Cusip | 67065N621 |
| Inception Date | 2/11/1997 |
| Latest NAV as of 9/02/2010 | $10.43 |
| Latest Monthly Dividend (9/01/2010) | $0.0265 |
| Fund Symbol | NNYKX |
| Fund Cusip | 67065N613 |
| Inception Date | 9/14/1994 |
| Latest NAV as of 9/02/2010 | $10.41 |
| Latest Monthly Dividend (9/01/2010) | $0.0280 |
| Fund Symbol | |
| Fund Cusip | |
| Inception Date | |
| Latest NAV as of | |
| Fund Symbol | NINYX |
| Fund Cusip | 67065N597 |
| Inception Date | 12/22/1986 |
| Latest NAV as of 9/02/2010 | $10.45 |
| Latest Monthly Dividend (9/01/2010) | $0.0345 |
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Portfolio Manager(s)
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 | 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. |
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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. |
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