Nuveen Short Term Municipal Bond Fund

Scorecard
4 / 5 Stars
Lipper
5 5 5 2 2
Zacks Investment Research
2 (Buy)
Standard & Poor's
4 / 5 Stars
TheStreet.com
A+ (Buy)

U.S. News evaluated 48 Muni National Short 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 1.26 percent over the past year, 2.70 percent over the past three years, 3.01 percent over the past five years, and 2.53 percent over the past decade.

Trailing Returns Updated 02.28.2014
Year to date 0.6%
1 Year 1.3%
3 Years (Annualized) 2.7%
5 Years (Annualized) 3.0%
10 Years (Annualized) 2.5%

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Summary

The investment seeks current income that is exempt from federal income tax to the extent consistent with preservation of capital. 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. In addition, it 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 the federal alternative minimum tax. The fund normally may invest up to 20% of its net assets in taxable obligations.

Fees

Fees are Above Average compared to funds in the same category.
Nuveen Short Term Municipal Bond Fund has an expense ratio of 0.53 percent.

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Risk

Risk is Average compared to funds in the same category according to Morningstar.

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