Nuveen MA Municipal Bond B
C/O Nuveen Investments 333 West Wacker Drive 33rd Floor Chicago IL 60606
Map
Phone: 800-257-8787
| Category: | Muni Massachusetts | | Fund Family: | Nuveen | | Net Assets: | 3.22M | | Year-to-Date Return: | -0.58% | | Yield: | 3.29% | | Morningstar Rating: |  | | Fund Inception Date: | 07-Mar-97 |
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Cathryn Steeves
Lead Manager since
14-Jul-06 | | | Ms. Steeves currently manages investments for 42 state-specific Nuveen-sponsored municipal bond funds. She has been Vice President of NAM since 2003 and was, previously, Assistant Vice President (2001-2003). |
| Min Initial Investment: | $3,000 | | Min Initial Investment, IRA: | $1,000 | | Min Initial Investment, AIP: | $50 | | Min Subsequent Investment: | $50 | | Min Subsequent Investment, IRA: | $50 | | Min Subsequent Investment, AIP: | $50 |
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| The investment seeks a high level of current interest income exempt from regular federal, state and, in some cases, local income taxes as is consistent with preservation of capital. The fund invests substantially all of its assets in municipal bonds, primarily in investment grade municipal bonds rated BBB-/Baa3 or higher at the time of purchase by at least one independent rating agency, or if unrated, judged by the fund's investment adviser to be of comparable quality. It may invest up to 20% of its net assets in below investment grade municipal bonds, commonly referred to as "high yield”, "high risk” or "junk” bonds. The fund is nondiversified. |
| Last Dividend
(29-Aug-08):
| 0.03 | | Last Cap Gain
(12-Nov-07):
| 0.04 | | Annual Holdings Turnover
| 12.00% | | Average for Category:
| 25.00% |
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| Expense | NMABX | Category
Avg | | Total Expense Ratio: | 1.63%
| 1.15% | | Max 12b1 Fee: | 0.95%
| N/A | | Max Front End Sales Load: | 0.00%
| 4.13% | | Max Deferred Sales Load: | 5.00%
| 2.72% | | 3 Yr Expense Projection*: |
$814 | $630 | | 5 Yr Expense Projection*: |
$987 | $907 | | 10 Yr Expense Projection*: |
$1,732 | $1,688 |
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