Nuveen Limited-Term Municipal Bond I  FLTRX
  Morningstar Report
Overall Morningstar
Rating™
What is this?
As of 2009-10-31
Out of
Muni National Short Funds
Rating derived from a weighted average of the fund's 3, 5, 10-year rating which are based on risk-adjusted performance.
Morningstar®
Style Box™
What is this?
   Avg Duration
   ---
   Avg Credit Quality
   AA
As of 2009-10-31
Day Change
$ 0.01
  
NAV (2009-11-20)
$ 10.77
  
YTD Return % (2009-11-20)
7.51%
  
Total Assets ($ mil)
1,785
View Data Definitions
  Performance    
Growth of $10,000 Fund: Nuveen Limited-Term Municipal Bond I
(from 1999-01-01 to 2009-10-31) Category: Muni National Short
Index: BarCap Municipal TR USD
Total Annualized Returns % 1yr, 3yr and 5yr Returns as of 2009-11-20
Inception date: 1997-02-06 10yr and Inception Returns as of 2009-10-31
YTD Returns as of 2009-11-20
YTD 1 Year 3 Year 5 Year 10 Year Since Inception
Fund 7.51 7.80 4.38 3.66 4.27 4.24
+/- Category 2.71 2.45 1.33 1.03 0.79 ---
+/- BarCap Municipal TR USD -4.63 -3.87 0.13 -0.70 --- ---
Standardized Annual Returns %   more on standardized returns
Quarter-End (as of 2009-09-30) 7.79 8.74 4.62 3.76 4.36 4.37
Month-End (as of 2009-10-31) 6.41 8.16 4.06 3.40 4.27 4.24
After Tax Returns % (as of 2009-09-30 )  
On Distribution --- 8.16 4.06 3.39 4.27 ---
On Distribution & Sale of Shares --- 6.67 4.03 3.44 4.25 ---
Morningstar Rating --- --- ---
# of compared funds covered (3 yrs : out of 123 funds), (5 yrs : out of 117 funds), (10 yrs : out of 64 funds). Ratings are based on risk-adjusted performance. The maximum initial sales fee is none, the maximum deferred sales fee is none, and the maximum redemption sales fee is none.
The performance quoted represents past performance and does not guarantee future results. The investment return and principal value of an investment will fluctuate thus an investor's shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted herein.
  Portfolio Profile    
Sector Breakdown %
General Obligations 15.46
Advance Refunded 2.19
State Appropriated Tobacco 0.14
Non-state Appropriated Tobacco 9.33
Education 5.15
Health 7.68
Housing 1.25
Industrial 4.76
Transportation 10.31
Utilities 4.07
Water/Sewer 3.18
Misc. Revenue 36.47
Bond Quality % of Bonds
AAA 31.4
AA 29.2
A 22.5
BBB 14.2
BB 0.4
B 0.0
Below B 0.7
Not Rated 1.5
 
Asset Allocation
% of Net Assets
Cash 5.2
Stocks 0.0
Bonds 94.8
Other 0.0
Foreign Stocks 0.0
(as a % of Assets)
Data through 2009-10-31 Data through 2009-10-31
 
Holding Status
Total Number of Stock Holdings Turnover % 11
Total Number of Bond Holdings 483 30 Day SEC Yield % 2.42
% of Assets in Top 10 Holdings 8.66 ending as of 2009-09-30
View Data Definitions
Top 10 Holdings Maturity
Date		 Amount
$000		 Value
$000		 % of Net
Assets
Pennsylvania St Ref Bds 5.375% 2016-07-01 15,000 17,448 1.03
Louisville & Jefferson Cnty Ky Rev Bd 5% 2017-05-15 15,325 17,006 1.01
E 470 Pub Hwy Auth 5% 2039-09-01 15,800 16,645 0.99
Massachusetts St G.O Bds 5.5% 2017-11-01 12,900 15,107 0.90
Tulsa Okla Arpts Impt Tr Genl Rev 7.05% 2017-06-01 12,625 14,107 0.84
Golden St Tob Securitization C Ass 6.25% 2033-06-01 12,640 14,071 0.83
PORT EVERGLADES AUTH FLA PORT PORT FACS 2016-11-01 11,740 13,767 0.82
Georgia St Go Bds 5% 2020-05-01 11,440 13,205 0.78
Houston Tex 5% 2020-03-01 11,500 12,793 0.76
Washington St Motor Vhc 5% 2015-08-01 10,380 11,739 0.70
Data through 2009-10-31
  Other Information
Fund Inception: 1997-02-06
Portfolio Manager  (Start Date)
Paul Brennan  (2006-08-15)
Brennan became a portfolio manager of Flagship Financial Inc. in 1991, and subsequently became an assistant vice president of Nuveen Advisory upon the acquisition of Flagship Resources Inc. by The John Nuveen Company in January 1997. Prior to joining Flagship, he worked as an audit assistant at Deloitte & Touche. Brennan holds the Chartered Financial Analyst and the Certified Public Accountant designations.
Sales Charge %
(taken from prospectus dated 2009-08-31)
Front: None
Deferred: None
Expense Ratio % 0.51
based on net assets
(taken from annual report dated 2009-04-30)
Correspondence Information

333 W Wacker Drive 33rd Floor
Chicago,  IL  60606
United States
Telephone:
800-257-8787
Data on this page does not include the fund's short positions (if any).
Show Data Definitions

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Past performance is no guarantee of future results.
Returns will vary and shares may be worth more or less than their original cost when sold.