You are leaving the Nuveen website.
You are leaving the Nuveen website and going to the website of the MI 529 Advisor Plan, distributed by Nuveen Securities, LLC.
Thank you for your message. We will contact you shortly.
The portfolio focuses on total return and tax-exempt income while seeking to invest in municipal issuers that are leaders in environmental, social and governance (ESG) practices or that use proceeds aligned with positive social or environmental impact.
Asset class: ESG Municipal fixed income
For term definitions and index descriptions, please access the glossary in the footer.
|Benchmark||Bloomberg Barclays 3-15 Year Blend (2-17) Municipal Bond Index|
|Number of positions||8-15|
|Average duration target (years)||4-7|
|Average maturity target (years)||5-12|
|Average credit quality target||AA to A|
SMA accounts typically require a minimum investment of $100,000 for equity and asset allocation strategies and $250,000 for fixed income strategies, although the specific minimum account size varies by program and may be subject to change. The manager may waive these minimums based on client type, asset class, pre-existing relationship with client and other factors. For certain accounts, a negotiated minimum annual fee applies. Please consult with your Nuveen Advisor Consultant for applicable minimums.
Check with your financial advisor for specific product availability and performance information. This information may change without notice. From time to time, we may close or reopen strategies.
A word on risk
An investment in any municipal portfolio should be made with an understanding of the risks involved in investing in municipal bonds, such as interest rate risk, credit risk, and market risk. The value of the portfolio will fluctuate based on the value of the underlying securities. Please contact a tax advisor regarding the suitability of tax-exempt investments in your portfolio. Nuveen Asset Management is not a tax advisor. If sold prior to maturity, municipal securities are subject to gain/losses based on the level of interest rates, market conditions and the credit quality of the issuer. Income may be subject to the alternative minimum tax (AMT) and/or state and local taxes, based on the investor’s state of residence. Income from municipal bonds held by a portfolio could be declared taxable because of unfavorable changes in tax laws, adverse interpretations by the Internal Revenue Service or state tax authorities, or noncompliant conduct of a bond issuer. 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.
Nuveen Asset Management, LLC is a registered investment adviser and an affiliate of Nuveen, LLC.