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FLTDX Nuveen Limited Term Municipal Bond A Forecast, Technical & Fundamental Analysis

The investment seeks a level of current interest income exempt from regular federal income taxes as is consistent with preservation of capital... Show more

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A.I.Advisor
published Highlights

Industry description

The investment seeks a level of current interest income exempt from regular federal income taxes as is consistent with preservation of capital. Under normal market conditions, the fund invests at least 80% of the sum of its net assets and the amount of any borrowings for investment purposes in municipal bonds that pay interest that is exempt from regular federal personal income tax. It invests at least 80% of its net assets in investment grade municipal bonds rated BBB/Baa or higher. The fund 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 MuniNationalShort

Profile
Details
Category
Muni National Short
Address
Nuveen Municipal Trust333 W Wacker Drive 33rd FloorChicago
Phone
N/A
Web
www.nuveen.com
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FLTDX and MutualFunds

Correlation & Price change

A.I.dvisor indicates that over the last year, FLTDX has been closely correlated with GDIRX. These tickers have moved in lockstep 88% of the time. This A.I.-generated data suggests there is a high statistical probability that if FLTDX jumps, then GDIRX could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To FLTDX
1D Price
Change %
FLTDX100%
N/A
GDIRX - FLTDX
88%
Closely correlated
N/A
LTXFX - FLTDX
87%
Closely correlated
+0.07%
VMLTX - FLTDX
84%
Closely correlated
N/A
FAFJX - FLTDX
84%
Closely correlated
N/A
MTLFX - FLTDX
78%
Closely correlated
N/A
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