Nuveen Inflation Protected Municipal Bond Fund

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Performance

The fund has returned 6.31 percent over the past year, and 3.39 percent over the past three years.

Trailing Returns Updated 06.30.2014
Year to date 6.7%
1 Year 6.3%
3 Years (Annualized) 3.4%
5 Years (Annualized) N/A
10 Years (Annualized) N/A

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Summary

The investment seeks to provide after-tax total return, protected from inflation, through a combination of federally tax-exempt income and inflation-linked investments. The fund normally invests at least 80% of the sum of its net assets and the amount of any borrowings for investment purposes in municipal bonds that pay interest that is exempt from regular federal personal income tax. It invests at least 80% of its net assets in investment grade municipal bonds rated BBB/Baa or higher. The fund may invest up to 20% of its net assets in below investment grade municipal bonds, commonly referred to as "high yield" or "junk" bonds. It is non-diversified.