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Key Stats

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Expense Ratio Discount or Premium to NAV Total Assets Under Management 30-Day Average Daily Volume
2.40% -7.81% 4.318B 382422.6
Dividend Yield Turnover Ratio 1 Year Fund Level Flows Max Drawdown (All)
4.63% 8.00% -- Upgrade

Basic Info

Investment Strategy
The Fund seeks to provide current income exempt from regular federal income tax and the alternative minimum tax (AMT) applicable to individuals, by investing in an actively managed portfolio of tax-exempt municipal securities. Up to 35% of its managed assets may be rated BBB and below (rated at the time of purchase by a nationally statistical ratings organization [S&P, Moody's, Fitch] or, if unrated, judged to be of comparable quality by the Fund's portfolio team), and the Fund uses leverage.
General
Security Type Closed-End Fund
Equity Style --
Fixed Income Style --
Broad Asset Class Municipal Bond
Broad Category Fixed Income
Category Name Muni National Long
Category Index BBgBarc Municipal TR USD
Prospectus Objective Municipal Bond - National
Fund Owner Firm Name Nuveen Fund Advisors, LLC.
Prospectus Benchmark Index
BBgBarc Municipal TR USD 100.0%
Broad Asset Class Benchmark Index
^BBMBTR 100.0%
Manager Tenure
Christopher Drahn 4.11 yrs

Net Fund Flows Versus Category

1M
3M
6M
YTD
1Y
3Y
5Y
10Y
 
80.00B
60.00B
40.00B
20.00B
0
-20.00B
No Data Available
1 Month
% Rank: --
-- Category Low
-- Category High
1 Year
% Rank: --
-453.86M Category Low
2.643B Category High
3 Months
% Rank: --
-- Category Low
-- Category High
3 Years
% Rank: --
-- Category Low
-- Category High
6 Months
% Rank: --
-- Category Low
-- Category High
5 Years
% Rank: --
-- Category Low
-- Category High
YTD
% Rank: --
-- Category Low
-- Category High
10 Years
% Rank: --
-- Category Low
-- Category High
Date Unavailable

Performance Versus Category

 
20%
15%
10%
5%
0
View Category Returns. Upgrade now.
Name
1M
3M
6M
YTD
1Y
3Y
5Y
10Y
Total Return (Price)
--
--
--
--
--
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Total Return (NAV)
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--
--
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Category Rtn. (NAV)
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% Rank in Cat (NAV)
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As of October 29, 2020. Returns for periods of 1 year and above are annualized.

Annual Total Returns Versus Peers

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Name
2013
2014
2015
2016
2017
2018
2019
YTD
-13.71%
22.11%
6.32%
1.62%
8.77%
-5.73%
22.42%
3.36%
-2.55%
9.05%
3.30%
0.25%
5.45%
1.28%
7.54%
3.04%
-13.64%
19.60%
8.56%
5.89%
13.17%
-4.02%
25.65%
-2.68%
-13.19%
21.40%
8.03%
1.56%
6.36%
-6.09%
21.93%
2.92%
-7.55%
11.68%
9.91%
-2.44%
10.34%
-4.83%
19.75%
3.92%
-13.60%
17.83%
10.37%
4.44%
14.47%
-6.79%
28.34%
-6.26%
As of October 29, 2020.

Fundamentals

General
Distribution Yield Upgrade
Dividend Yield TTM (10-29-20) 4.63%
30-Day SEC Yield --
7-Day SEC Yield --
Number of Holdings Upgrade
Bond
Current Yield 4.48%
Yield to Maturity --
Effective Duration --
Average Coupon Upgrade
Average Credit Score Upgrade
Average Price Upgrade
As of August 31, 2020

Asset Allocation

As of August 31, 2020.
Type % Net % Long % Short
Cash 0.47% Upgrade Upgrade
Stock 0.00% Upgrade Upgrade
Bond 99.53% Upgrade Upgrade
Convertible 0.00% Upgrade Upgrade
Preferred 0.00% Upgrade Upgrade
Other 0.00% Upgrade Upgrade

Top 10 Holdings

Name % Weight Price % Change
LAS VEGAS VALLEY NEV WTR DIST 5%
0.96% -- --
GRAND PARKWAY TRANSN CORP TEX SYS TOLL REV 5%
0.95% -- --
TEXAS TRANSN COMMN CENT TEX TPK SYS REV 5%
0.70% -- --
BUCKEYE OHIO TOB SETTLEMENT FING AUTH 5%
0.66% -- --
METROPOLITAN WASH D C ARPTS AUTH DULLES TOLL RD REV 6.5%
0.57% -- --
E 470 PUB HWY AUTH COLO REV 0%
0.55% -- --
E 470 PUB HWY AUTH COLO REV 0%
0.54% -- --
SAN JOAQUIN HILLS CALIF TRANSN CORRIDOR AGY TOLL RD REV 5%
0.51% -- --
SALEM ORE HOSP FAC AUTH REV 4%
0.49% -- --
GREAT LAKES WTR AUTH MICH WTR SUPPLY SYS REV 5%
0.47% -- --

Basic Info

Investment Strategy
The Fund seeks to provide current income exempt from regular federal income tax and the alternative minimum tax (AMT) applicable to individuals, by investing in an actively managed portfolio of tax-exempt municipal securities. Up to 35% of its managed assets may be rated BBB and below (rated at the time of purchase by a nationally statistical ratings organization [S&P, Moody's, Fitch] or, if unrated, judged to be of comparable quality by the Fund's portfolio team), and the Fund uses leverage.
General
Security Type Closed-End Fund
Equity Style --
Fixed Income Style --
Broad Asset Class Municipal Bond
Broad Category Fixed Income
Category Name Muni National Long
Category Index BBgBarc Municipal TR USD
Prospectus Objective Municipal Bond - National
Fund Owner Firm Name Nuveen Fund Advisors, LLC.
Prospectus Benchmark Index
BBgBarc Municipal TR USD 100.0%
Broad Asset Class Benchmark Index
^BBMBTR 100.0%
Manager Tenure
Christopher Drahn 4.11 yrs

Fundamentals

General
Distribution Yield Upgrade
Dividend Yield TTM (10-29-20) 4.63%
30-Day SEC Yield --
7-Day SEC Yield --
Number of Holdings Upgrade
Bond
Current Yield 4.48%
Yield to Maturity --
Effective Duration --
Average Coupon Upgrade
Average Credit Score Upgrade
Average Price Upgrade
As of August 31, 2020

Fund Details

Key Dates
Inception Date 11/22/2002
Last Annual Report Date 10/31/2019
Last Prospectus Date 11/21/2002
Attributes
Enhanced Index Fund No
Index Fund No
Inverse Fund No
Leveraged Fund Yes
Fund of Funds No
Currency Hedged Fund No
Synthetic Replication Fund No
Has Dividend Investment Plan Yes
Socially Responsible Fund No