Nuveen MA Insured Municipal Bond I C/O Nuveen Investments 333 West Wacker Drive 33rd Floor Chicago IL 60606 Map
Phone: 800-257-8787
| Category: | Muni Massachusetts | | Fund Family: | Nuveen | | Net Assets: | 39.87M | | Year-to-Date Return: | 16.12% | | Yield: | 3.96% | | Morningstar Rating: |  | | Fund Inception Date: | 22-Dec-86 |
|
Cathryn Steeves
Lead Manager since
14-Jul-06 | | | Ms. Steeves currently manages investments for 42 state-specific Nuveen-sponsored municipal bond funds. She has been Vice President of NAM since 2003 and was, previously, Assistant Vice President (2001-2003). |
| Min Initial Investment: | $1,000,000 | | Min Initial Investment, IRA: | NaN | | Min Initial Investment, AIP: | $50 | | Min Subsequent Investment: | $50 | | Min Subsequent Investment, IRA: | N/A | | Min Subsequent Investment, AIP: | $50 |
|
| |
| The investment seeks a high level of current interest income exempt from regular federal, state and, in some cases, local income taxes as is consistent with preservation of capital. The fund invests at least 80% of net assets in municipal securities that are covered by insurance guaranteeing the timely payment of principal and interest.It ordinarily invests only quality municipal bonds that are rated investment grade (AAA/Aaa to BBB/Baa) at the time of purchase by at least one independent rating agency. The fund may buy non-rated municipal bonds if the funds investment adviser judges them to be investment grade.It is nondiversified. |
| Last Dividend
(30-Sep-09):
| 0.03 | | Last Cap Gain
(11-Nov-08):
| 0.05 | | Annual Holdings Turnover
| 20.00% | | Average for Category:
| 23.68% |
|
| Expense | NIMAX | Category Avg | | Total Expense Ratio: | 0.69%
| 1.07% | | Max 12b1 Fee: | %
| N/A | | Max Front End Sales Load: | %
| 4.11% | | Max Deferred Sales Load: | %
| 2.72% | | 3 Yr Expense Projection*: |
$ 221 | $602 | | 5 Yr Expense Projection*: |
$ 384 | $860 | | 10 Yr Expense Projection*: |
$ 859 | $1,593 |
|
|