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Intermediate Term Municipal

Investing in the intermediate portion of the municipal yield curve can provide unique risk and reward characteristics while generating consistent tax-exempt income.* The investment universe for Intermediate Maturity strategies is mostly investment grade rated bonds that typically have between 1 and 20 years to maturity.

*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.

Portfolio At-a-Glance

Average Maturity Target 7 to 10 years
Average Duration Target 5 to 6.5 years
Average Quality Target AA
Average Turnover 15-40%
Investment Vehicles
  • Institutional Separate Account
  • Separately Managed Account
  • Mutual Fund
  • Closed-End Fund

Investment Process

Certain strategies may be available through other investment vehicles not listed above. Vehicles and their respective platforms shown may not be available in certain jurisdictions; investors should be aware of applicable legal requirements. This information should not be considered a solicitation or an offer by Nuveen Asset Management or Nuveen to provide any services in any jurisdiction. For more information on collective investment trusts, please contact us. If you are a non-U.S. investor and would like more information on UCITS Funds, please visit nuveenglobal.com.

This material is not intended to be a recommendation or investment advice, does not constitute a solicitation to buy or sell securities. The information does not take into account the specific objectives or circumstances of any investor, or suggest any specific course of action. Investment decisions should be made based on an investor's objectives and circumstances and in consultation with his or her advisors. All investments involve risk and there is no assurance that an investment will provide positive performance over any period of time. There is no assurance that downside protection will be achieved.

23776-G-INST-AN-04/18

Contact Us

  • Institutional Investors/ Consultant 612.303.3381
  • Registered Investment Advisor 800.558.4487
  • Financial Advisors 800.752.8700
  • Mutual Fund Investors 800.257.8787