Nuveen Flagship New Mexico Muni Bd Fd Cl A

Frequently Asked Questions About FNMTX

What are the top holdings of FNMTX?

A machine-readable holdings disclosure for Nuveen Flagship New Mexico Muni Bd Fd Cl A (FNMTX) is not available from our data sources — fund families sometimes register portfolio filings under a sibling share class or outside the SEC's structured datasets. Rather than estimate, we leave the section blank; the issuer's website carries the authoritative portfolio list.

What sectors does FNMTX invest in?

Nuveen Flagship New Mexico Muni Bd Fd Cl A (FNMTX) allocates across the sectors shown above. The largest exposure tops the list; the rest follow in descending weight order.

What sector is FNMTX most exposed to?

FNMTX's full sector breakdown is on the Sectors tab. The largest sector weight is shown there along with the rest of the allocation.

Is FNMTX a US-only fund?

The country allocation card on this page shows FNMTX's geographic exposure. Funds with > 95% US weight are effectively US-only; international or global funds will show meaningful weights across multiple countries.

What does FNMTX invest in?

The fund's primary objective is to generate a high level of current income, free from federal, New Mexico state, and, in some instances, New Mexico local income taxes, while prioritizing the preservation of capital. Under typical market conditions, at least 80% of its net assets are invested in municipal bonds considered investment-grade. These bonds must possess a rating of BBB/Baa or higher from at least one independent rating agency when purchased, or if unrated, be deemed of equivalent quality by the fund's sub-adviser. The portfolio may also allocate up to 20% of its net assets to municipal bonds that are below investment grade, commonly referred to as "high yield" or "junk" bonds.