Nuveen Inflation Protected Municipal Bond Fund

U.S. News evaluated 82 Muni National Interm Funds. Our list highlights the top-rated funds for long-term investors based on the ratings of leading fund industry researchers.

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Performance

The fund has returned -3.91 percent over the past year.

Trailing Returns Updated 02.28.2014
Year to date 3.1%
1 Year -3.9%
3 Years (Annualized) N/A
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.

Fees

Fees are Low compared to funds in the same category.
Nuveen Inflation Protected Municipal Bond Fund has an expense ratio of 0.77 percent.

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Risk

Risk is N/A compared to funds in the same category according to Morningstar.

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