The Nuveen Family of Funds delivers excellence across every major asset class through focused teams of independent investment affiliates backed by Nuveen’s financial strength, infrastructure and resources.
As of date: 6/30/2016
Category: Muni Single State Long
Morningstar ratings may vary among share classes and are based on historical risk-adjusted total returns, which are not indicative of future results. The fund may have experienced negative returns over the time periods rated.
View 4-and 5-Star Funds
13 years investment experience
Managed fund since 2011
as of date: 6/30/2016
View more literature for this fund.
More contact information
Mutual fund investing involves risk; principal loss is possible. Debt or fixed income securities such as those held by the Fund, are subject to market risk, credit risk, interest rate risk, call risk, state concentration risk, tax risk, and income risk. As interest rates rise, bond prices fall. Credit risk refers to an issuers ability to make interest and principal payments when due. Below investment grade or high yield debt securities are subject to liquidity risk and heightened credit risk. The Fund's use of inverse floaters creates effective leverage. Leverage involves the risk that the Fund could lose more than its original investment and also increases the Fund's exposure to volatility and interest rate risk.
Returns quoted represent past performance which is no guarantee of future performance. Investment returns and principal value will fluctuate so that when shares are redeemed, they may be worth more or less than their original cost. Income is generally exempt from regular federal income taxes. 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. Due to market conditions, current performance may be higher or lower than the data shown. Returns without sales charge do not reflect the imposition of the maximum sales charge, which would reduce returns. Total returns for a period of less than one year are cumulative.
Performance assumes the reinvestment of dividends and capital gains. Class A shares have a 4.2% maximum sales charge. Class C and C2 shares have a 1% CDSC for redemptions within less than one year, which is not reflected in the one-year total return. Class I shares have no sales charge and may be purchased under limited circumstances or by specified classes of investors.
Expense ratios are based on the Fund's most recent fiscal year end. Other expenses have been restated to reflect current contractual fees. The net expense ratio excludes credits earned on the Fund's cash on deposit with the custodian bank, if any.
Load-waived (LW) Class A share star ratings do not include any front-end sales load and are intended for those investors who have access to such purchase terms (e.g., plan participants of a defined contribution plan). Not all A share mutual funds for which Morningstar calculates a load-waived A share star rating may actually waive their front-end sales load. Absent the waiver, ratings may be lower. All of the funds above offer A shares at maximum sales charge which varies by fund; and I shares which have no sales charge. Ratings are for the share class cited only; other share classes have different performance and different Morningstar RatingsTM.
Before investing, carefully consider fund investment objectives, risks, charges and expenses. For this and other information that should be read carefully, please view the prospectus or summary prospectus.
NOT FDIC INSURED
MAY LOSE VALUE
NO BANK GUARANTEE
Investor line: 1-800-257-8787. Advisor line: 1-800-752-8700.
The information on this web site is intended for U.S. residents only. The information provided does not constitute a solicitation of an offer to buy, or an offer to sell securities in any jurisdiction to any person to whom it is not lawful to make such an offer.
Register for access to investment team commentary, detailed portfolio information, and other advisor resources. For instant access, register now.
Our goal is to deliver lasting value to our clients. For assistance, please call or email our advisor service team or contact your personal Nuveen Service Team.
Log in to nuveen.com to access your personal Nuveen Service Team.
Registered Investment Advisors
For more information on Mutual Fund Vision, FAN Mail, or accessing client accounts, please visit our advisor account access page.