Nuveen Minnesota Intermediate Municipal Bond Fund
The fund invests at least 80% of net assets in municipal bonds that pay interest exempt from regular federal and Minnesota personal income tax, including obligations from the State of Minnesota and U.S. territories. It maintains a weighted average maturity of three to ten years, with at least 80% in investment grade bonds rated BBB/Baa or higher, and up to 20% in below investment grade bonds. The strategy focuses on higher-yielding, undervalued bonds, utilizing derivatives to manage risks and enhance returns.
| Name | Cumulative Return | Ann. Return | Ann. Vol | Sharpe | Max DD |
|---|---|---|---|---|---|
Nuveen Minnesota Intermediate Municipal Bond Fund | -2.9% | -2.9% | 2.9% | -2.28 | -6.5% |
ETF performance based on market prices. Drag on chart to select period. Sharpe Ratio uses the one-month T-bill as the risk-free rate. From 10/8/2025 to 10/8/2026.
Name | YTD | 1D | 5D | 1M | 3M | 6M | 1Y | 2Y | 3Y | 5Y | MAX |
|---|---|---|---|---|---|---|---|---|---|---|---|
Nuveen Minnesota Intermediate Municipal Bond Fund | -4.2% | 0.0% | -0.9% | -3.5% | -5.4% | -4.8% | -2.9% | -0.3% | 2.6% | 0.0% | 3.4% |
ETF performance based on market prices. Returns for periods greater than one year are annualized. As of 10/8/2026.
Name | 1994 | 1995 | 1996 | 1997 | 1998 | 1999 | 2000 | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | YTD |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Nuveen Minnesota Intermediate Municipal Bond Fund | -2.6%* | 12.3% | 3.8% | 6.7% | 5.3% | -1.3% | 8.8% | 4.7% | 7.4% | 4.0% | 3.0% | 2.5% | 4.0% | 2.7% | -2.1% | 12.6% | 2.9% | 9.5% | 5.0% | -1.5% | 7.0% | 3.1% | -0.1% | 4.6% | 0.8% | 6.4% | 3.5% | 0.9% | -6.5% | 4.2% | 2.1% | 4.2% | -4.2% |
* partial year — the series ran for only part of it (its first year, or the year it closed); the figure is the return over the part it did run. ETF performance based on market prices. As of 10/8/2026.
Select a second series, or to correlate with the seven research factors.
Name | Ann. α | β MKT | β SMB | β HML | β RMW | β CMA | β UMD | β iHML | R² | Obs |
|---|---|---|---|---|---|---|---|---|---|---|
FAMAXUS Nuveen Minnesota Intermediate Municipal Bond Fund | -2.4% | 0.05** | -0.01 | -0.03* | -0.01 | 0.03 | -0.02 | -0.01 | 0.15 | 225 |
ETF performance based on market prices. US factor set. Daily OLS of excess return (fund − T-bill) on factor spread returns over the selected date range, intersected with each series' history. Bold with * |t| ≥ 1.96, ** |t| ≥ 2.58. Cell shading tracks each loading's t-stat. Betas are returns-based — compare with the holdings-based factor scores below. Factor returns are long-short spread returns (© Ken French, Dartmouth). From 10/8/2025 to 8/31/2026.
The fund invests at least 80% of net assets in municipal bonds that pay interest exempt from regular federal and Minnesota personal income tax, including obligations from the State of Minnesota and U.S. territories. It maintains a weighted average maturity of three to ten years, with at least 80% in investment grade bonds rated BBB/Baa or higher, and up to 20% in below investment grade bonds. The strategy focuses on higher-yielding, undervalued bonds, utilizing derivatives to manage risks and enhance returns.
MethodologyExpense ratio and its components from the fund's prospectus fee table; tax drag from its after-tax return table. Turnover from the SEC annual report (8/6/2026). Yield as of 10/6/2026, AUM 9/30/2026. Holdings, asset class, style, peer group and exposures as of 5/31/2026. Strategy summary from the fund's prospectus.
None of the selected metrics are scored for FAMAX — switch the picker to All, or add metrics under Metrics (top right).
Hover or click for factor definitions. Weighted average of underlying company-level values with weights equal to position size. Solid blue dots mark the fund's position within the clean equity fund universe (5th–95th percentile scale); the shaded band spans the fund's broad class (Fixed Income Funds) 25th–75th percentile, notched at the median. Holdings as of 5/31/2026. Stock-level data as of 8/31/2026. Expense ratio, yield, and turnover as of 10/6/2026. AUM as of 9/30/2026.
Shares are percentages of the holdings that carry a country, not portfolio weights. Based on N-PORT domicile; ADRs list under their exchange. Holdings as of 5/31/2026. Stock-level data as of 8/31/2026.
306 positions (top 10 shown, create for full holdings)
| # | Name | Weight % | Country |
|---|---|---|---|
| 1 | Minnesota State, General Obligation Bonds, Various Purpose Bid Groups 1 & 2 Series 2025A | 2.77 | USA |
| 2 | Hennepin County, Minnesota, General Obligation Bonds, Series 2021A | 1.46 | USA |
| 3 | Minneapolis-Saint Paul Metropolitan Council, Minnesota, General Obligation Wastewater Revenue Bonds, Refunding Series 2026A | 1.40 | USA |
| 4 | University of Minnesota, General Obligation Bonds, Series 2019A | 1.40 | USA |
| 5 | Minnesota State, General Obligation Bonds, Various Purpose Series 2024A | 1.38 | USA |
| 6 | Minnesota State, General Obligation Bonds, Various Purpose Series 2021A | 1.30 | USA |
| 7 | South Washington County Independent School District 833, Minnesota, General Obligation Bonds, Refunding Facilities Maintenance Series 2024A | 1.30 | USA |
| 8 | Rochester, Minnesota, Health Care Facilities Revenue Bonds, Mayo Clinic Series 2008B | 1.27 | USA |
| 9 | Minneapolis, Minnesota, Revenue Bonds, University Gateway Project, Refunding Series 2025 | 1.14 | USA |
| 10 | Roseville Independent School District 623, Ramsey County, Minnesota, General Obligation Bonds, School Building Series 2018A | 1.13 | USA |
Sector, country and factor detail need a security match; the share of weight that matched is a member figure, so the rows without one appear here with those columns blank. Holdings as of 5/31/2026. Stock-level data as of 8/31/2026.
Hover or click for definitions. Solid blue dots mark the fund: percentage rows on a 0–100% scale, holdings counts log-scaled across the clean-universe 5th–95th percentile range. The shaded band spans the fund's broad class (Fixed Income Funds) 25th–75th percentile, notched at the median. Holdings as of 5/31/2026.
One sub-card per benchmark: the market primary, then the style secondary — the gap between them is the style sleeve itself. Both anchors are Sparkline-inferred (market from asset class and region, style from the holdings size-and-style map), not the fund's official prospectus benchmark. Solid blue dot marks the fund; the shaded band spans the reference set's 25th–75th percentile, notched at the median (band follows the Peer Universe selector). Active Share compares the fund's book with the benchmark's, share for share; Tracking Error is the annualized daily deviation over the trailing two years (ruler runs to just past the universe's 95th percentile, or past the fund's own figure where that is larger); Benchmark Correlation is the plain daily correlation over the trailing year. Hover the labels for full definitions.
Metric | FAMAX Nuveen Minnesota Intermediate Municipal Bond Fund | Peer Group 569 funds | Peer Asset Class 2,838 funds |
|---|---|---|---|
YTD Return | -4.21% | -4.41%57 | -2.13%20 |
1Y Return | -2.88% | -3.18%59 | -1.39%24 |
3Y Return (Ann.) | 2.62% | 3.04%22 | 4.87%8 |
5Y Return (Ann.) | -0.03% | -0.55%75 | 0.31%43 |
Expense Ratiohigher = cheaper | 0.80% | 0.56%20 | 0.52%26 |
Sparkline's own holdings-based peer taxonomy (1,325 share classes across 569 funds). One share class shown per fund — the exchange-listed class where the SEC series has one, else its longest-history class; percentile ranks and medians are computed against the same deduped set. Quartile chips fill the layer the fund's rank falls in (top layer = best quartile). Funds without a full return history rank only on the horizons they cover.
Nearest funds across the whole universe, by holdings and behavior — the peer taxonomy is ignored, so matches can come from any category.
| Fund | Peer Group | |||||
|---|---|---|---|---|---|---|
| 1 | FJMNX Nuveen Minnesota Municipal Bond Fund Fixed Income - Muni Intermediate/Long | Fixed Income - Muni Intermediate/Long | #4.5 | - | - | - |
| 2 | ETMNX Eaton Vance Minnesota Municipal Income Fund Fixed Income - Muni Intermediate/Long | Fixed Income - Muni Intermediate/Long | #10.1 | - | - | - |
| 3 | FIMIX Fidelity Minnesota Municipal Income Fund Fixed Income - Muni Intermediate/Long | Fixed Income - Muni Intermediate/Long | #13.0 | - | - | - |
| 4 | NMTFX Allspring Minnesota Tax-Free Fund Fixed Income - Muni Intermediate/Long | Fixed Income - Muni Intermediate/Long | #13.8 | - | - | - |
| 5 | IMNTX Columbia Minnesota Tax-Exempt Fund Fixed Income - Muni Intermediate/Long | Fixed Income - Muni Intermediate/Long | #13.9 | - | - | - |
| 6 | DMOCX Nomura Tax-Free Minnesota Fund Fixed Income - Muni Intermediate/Long | Fixed Income - Muni Intermediate/Long | #18.7 | - | - | - |
| 7 | FMINX Franklin Minnesota Tax-Free Income Fund Fixed Income - Muni Intermediate/Long | Fixed Income - Muni Intermediate/Long | #18.9 | - | - | - |
| 8 | SMTFX Sit Minnesota Tax-Free Income Fund Fixed Income - Muni Intermediate/Long | Fixed Income - Muni Intermediate/Long | #21.1 | - | - | - |
| 9 | DVMHX Nomura Minnesota High-Yield Municipal Bond Fund Fixed Income - Muni High Yield | Fixed Income - Muni High Yield | #22.4 | - | - | - |
| 10 | NMS Nuveen Minnesota Quality Municipal Income Fund Fixed Income - Muni Intermediate/Long | Fixed Income - Muni Intermediate/Long | #23.8 | - | - | - |
The method columns are members-only — create a free account to see these figures.
MethodologyRows are the consensus top matches (a fund must place in at least two methods' top 250 to qualify, and matches missing more than one of this fund's own methods are not ranked — a row scored on fewer methods is a noisier estimate, not a better match). Click a method column to see that method's own top matches across the whole universe instead. Gray (N) beside each method's metric is that fund's rank in the whole universe on that method. Consensus Rank is the geometric mean of those universe ranks (#1.0 = the top match on every method). A dash means that method has no figure for the pair at all (one of them lacks the holdings or return history it needs). Hover a column header for each method's definition. The “Top…” strips above compare against every fund's own top match across the whole universe (they deliberately don't follow the Peer Universe selector); Top Consensus Rank is simply the #1 row's figure, with no reference band; the Holdings and Active Tilt strips carry no reference band because computing every fund's best book overlap would require a full holdings scan per fund — the dot stands alone on its natural 0–100% scale. One share class shown per fund, and a fund's own sister share classes are excluded from its Top-match strips. Holdings as of 5/31/2026. Consensus Rank is the geometric mean of the match's universe-wide rank across the methods (#1.0 = top match on every one). Holdings Overlap = common-holdings weight (sum of the minimum weight across shared positions, long only). Active Tilt Overlap = the same statistic on active weights (holdings minus the fund's own default benchmark, floored at 0), which strips the benchmark ballast that dominates raw overlap. Return Correlation = correlation of market-hedged daily returns over the trailing two years (CAPM residuals), so only market-beta co-movement is removed; requires ~18 months of daily history (378 of the window's 504 trading days).