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FAFMX
Mutual Fund ticker: NASDAQ
AS OF
Jun 6 closing price
Price
$10.35
Change
-$0.02 (-0.19%)
Net Assets
469.58M

FAFMX Nuveen OH Municipal Bond C Forecast, Technical & Fundamental Analysis

The investment seeks to provide the investors with as high a level of current interest income exempt from regular federal, Ohio State and, in some cases, Ohio local income taxes as is consistent with preservation of capital... Show more

Category: #Muni Ohio
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A.I.Advisor
published Highlights

Industry description

The investment seeks to provide the investors with as high a level of current interest income exempt from regular federal, Ohio State and, in some cases, Ohio local income taxes as is consistent with preservation of capital. Under normal market conditions, the fund invests at least 80% of its net assets in investment grade municipal bonds rated BBB/Baa or higher at the time of purchase by at least one independent rating agency, or, if unrated, judged by the fund's sub-adviser to be of comparable quality. It may invest up to 20% of its net assets in below investment grade municipal bonds, commonly referred to as "high yield" or "junk" bonds.
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A.I. Advisor
published General Information

General Information

Category MuniOhio

Profile
Fundamentals
Details
Category
Muni Ohio
Address
C/O John Nuveen & Co Inc333 West Wacker Drive 32nd FloorChicago
Phone
N/A
Web
www.nuveen.com
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FAFMX and MutualFunds

Correlation & Price change

A.I.dvisor indicates that over the last year, FAFMX has been closely correlated with FOHQX. These tickers have moved in lockstep 98% of the time. This A.I.-generated data suggests there is a high statistical probability that if FAFMX jumps, then FOHQX could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To FAFMX
1D Price
Change %
FAFMX100%
N/A
FOHQX - FAFMX
98%
Closely correlated
N/A
FKTOX - FAFMX
98%
Closely correlated
-0.18%
ETOHX - FAFMX
92%
Closely correlated
N/A
PXOHX - FAFMX
88%
Closely correlated
N/A
FOITX - FAFMX
80%
Closely correlated
N/A
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