 |
| Build a ladder with Nuveen Investments funds, and you'll not only have more options to choose from to meet your needs but you will have the potential for greater portfolio diversification. (Diversification does not ensure against market loss). |
|
| Furthermore, with Nuveen Investments mutual funds, you have the additional benefit of portfolio managers and analysts who are devoted to continuously evaluating and monitoring the bonds within the portfolio to try to identify investment opportunities and capitalize on market dynamics. |
|
| Below are examples of how three Nuveen Investments municipal bond funds can be laddered to meet different time horizons and risk profiles. |
|
 |
|
| Notes: As of March 31, 2008, the average effective maturities of the Limited Term, Intermediate Duration and All-American Funds are approximately 4.81 years, 9.07 years and 18.02 years, respectively. |
|
| The hypothetical sample allocations are provided for informational purposes only and should not be construed as investment advice or a recommendation to buy any specific security. Individual investor results will vary and there is no assurance that any asset class will provide positive performance over time. |
|
|
| Regardless of the size of the investment, laddering is a strategy that may appeal to all types of investors. Nuveen Investments’ lineup of 31 national and state municipal bond funds can be used to create laddered portfolios tailored to your individual needs. |
|
Ideal candidates include those investors looking for:
- More variety, less risk and lower cost. Diversification and potentially lower costs await those who invest in mutual funds rather than individual bonds.
- By laddering with mutual funds, investors have the potential to benefit from the additional yield that often comes from bonds of longer maturities without sacrificing a lot of liquidity. Plus, the income earned on municipal bond funds is free from regular federal income tax.*
|
|
| * Income may be subject to state and local taxes and the federal alternative minimum tax. Capital gains, if any, are subject to capital gains tax. |
|
|
| Investing in municipal bonds or municipal bond funds 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. There can be no assurance that laddering will be successful or that any investment will provide positive performance over any period of time. |
|
| Please carefully consider the Funds’ objectives, risks, charges and expenses before investing. For a prospectus containing this and other information about the Funds, please contact your financial advisor or Nuveen Investments at 800-257-8787. Please read the prospectus carefully before you invest or send money. |
|
| To learn more about how these Funds can help you diversify with fixed income, and within it, visit www.nuveen.com. |
|
| The Funds feature management by Nuveen Asset Management (NAM); an affiliate of Nuveen Investments, LLC. |
|
