- What does FNTAX invest in?
- The fund typically commits at least 80% of its overall assets, including any capital acquired through borrowing, to municipal bonds. The interest earned from these bonds is exempt from standard federal and Nebraska personal income taxes.
- What is the expense ratio of FNTAX?
- Nuveen Nebraska Municipal Bond Fund Class A (FNTAX) charges an expense ratio of 0.82%. This is the annual fee deducted from fund assets to cover management and operations.
- What is FNTAX's dividend yield?
- FNTAX's trailing-twelve-month yield is 3.28%, calculated from the sum of dividends over the past year divided by the current price.
- What is the duration of FNTAX?
- Effective duration measures FNTAX's sensitivity to interest-rate changes — a duration of 6 means a 1% rate move shifts NAV by roughly 6% in the opposite direction. FNTAX's current duration is published on the fund's factsheet on the issuer's website.
- What is the credit quality of FNTAX?
- FNTAX's credit quality breakdown — the share of holdings rated AAA through CCC and below — is published on the fund's factsheet. Higher-quality (investment-grade) funds yield less but carry less default risk than high-yield / junk bond funds.
- What is the yield to maturity of FNTAX?
- Yield to maturity (YTM) is the total return you'd earn from FNTAX if every bond in the portfolio is held to maturity at the current price. FNTAX's YTM is published on the fund's factsheet on the issuer's website — it differs from the trailing-12-month yield because YTM reflects current bond prices rather than historical income paid.
