Performance
Trailing returns
| 1 day |
| -0.08% | |||
| 1 week |
| -0.02% | |||
| 4 week | +0.02% |
| |||
| 3 month | +0.63% |
| |||
| YTD | +1.43% |
| |||
| 1 year | +3.76% |
| |||
| 3 years* | +5.64% |
| |||
| 5 years* | +5.42% |
| |||
| *annualized | |||||
| Best 3 month return | +7.33% | |
| Worst 3 month return | -7.64% |
Morningstar statistics
Morningstar category: Muni Single State Long
| Return | Risk | Rating | |
| 3 years | Above Average | Below Average |
 
|
| 5 years | Above Average | Average |
|
| 10 years | Above Average | Average |
|
| Overall | Above Average | Average |
|
Key statistics
| Total assets | 377.24M | |
| Front load | - | |
| Deferred load | - | |
| Expense ratio | 0.60% | |
| Management fee | - | |
| Fund family | Nuveen |
Asset allocation
| Cash | 1.70% | |
| Stocks | 0.00% | |
| Bonds | 98.30% | |
| Other | 0.00% |
Purchase information
| Initial | US$100,000 | |
| AIP Initial | US$100 | |
| AIP Additional | US$100 |
11.05-0.01(-0.09%)
May 21, 4:00PM EDT
Overall Morningstar RatingTM
Description
The investment seeks to provide as high a level of current interest income exempt from regular federal, Connecticut State and, in some cases, Connecticut local income taxes as is consistent with preservation of capital. The fund invests at least 80% of its net assets in municipal bonds that pay interest that is exempt from regular federal and Connecticut personal income tax. It may invest without limit in securities that generate income subject to the alternative minimum tax. The fund is a long-term bond fund and, as such, will generally maintain an investment portfolio with an overall weighted average maturity of greater than 10 years.
Fund filings (PDF) »
Fund filings (PDF) »
Asset manager:
Michael Hamilton (Started: Jan 1, 2011)
Michael Hamilton (Started: Jan 1, 2011)
Risk
| 1 year | 3 years | 5 years | 10 years | ||
| Alpha* | -0.93 | -0.09 | -0.69 | -0.52 | |
| Beta* | 1.12 | 0.98 | 1.07 | 1.08 | |
| Mean annual return | 0.40 | 0.49 | 0.48 | 0.40 | |
| R-squared* | 96.18 | 96.57 | 89.28 | 93.77 | |
| Standard deviation | 3.23 | 3.75 | 5.34 | 5.04 | |
| Sharpe ratio | 1.44 | 1.54 | 1.02 | 0.60 | |
| * Against standard index | |||||
Top 10 holdings
| Security | Net Assets | |
| Connecticut St Health & Edl Fa Rev Bd 5% | 3.36% | |
| Connecticut St Health & Edl Fa Edl Fa 5% | 3.00% | |
| Connecticut St Health & Edl Fa Rev Bd 5% | 2.66% | |
| Eastern Conn Res Recovery Auth 5.5% | 1.81% | |
| Connecticut St Go Ref Bd 5% | 1.71% | |
| Connecticut St Dev Auth 5.1% | 1.66% | |
| Connecticut St Spl Tax Obl R Special 5% | 1.54% | |
| Connecticut St Spl Tax Obl R Spl Tax 5% | 1.54% | |
| Connecticut St Go Bds 4.75% | 1.53% | |
| Univ Conn Rev Spl Obl 5% | 1.50% |