For this and other information that should be read carefully, please request a prospectus or summary prospectus from your financial professional or Nuveen at 800.257.8787. The distribution rate also differs from the SEC 30-day yield because the Fund may be paying out more or less than it is earning and it may not include the effect of amortization of bond premium.īefore investing, carefully consider fund investment objectives, risks, charges and expenses. Unsubsidized (Unsub.) yields do not reflect fee waivers in effect.ĭistribution rate is the most recent dividend per share (annualized) divided by the respective price per share. Without such waivers, yields would be reduced. Subsidized (Sub.) yields reflect fee waivers in effect. The SEC 30-day yield is computed under an SEC standardized formula and is based on the maximum offer price per share. Capital gains distributions are subject to tax. Income may be subject to the federal alternative minimum tax and local taxes. Income from municipal and tax-free bond funds is generally exempt from regular federal and state personal income taxes. Please refer to the fund's overview page or the most recent fund prospectus for additional information regarding the calculation of the net expense ratios. Net and gross expense ratios are based on the funds' most recent fiscal year end. Institutional Class shares are available for purchase directly from the Fund by certain eligible investors (which include employee benefit plans and financial intermediaries). Advisor Class shares are available for purchase through certain financial intermediaries and employee benefit plans. Retirement Class and Premier Class shares are generally available for purchase through employee benefit plans or other types of savings plans or accounts. Retail Class shares are available for purchase through certain financial intermediaries or by contacting the Fund directly at 80 or. Class R6 shares are available to certain qualified retirement plans and other investors as set forth in the statement of additional information. Class R3 Shares have no sales charge and are available to only certain retirement plan clients of financial intermediaries. Class I shares have no sales charge and may be purchased by specified classes of investors. Class C, C1 and C2 Shares have a 1% CDSC for redemptions within less than one year, which is not reflected in the one-year total return. Class A Shares of the Nuveen equity and asset allocation Funds have a maximum sales charge of 5.75%. ![]() The Short Term Bond Fund Class A Shares have a maximum sales charge of 2.25%. Class A Shares of the Core Bond and Floating Rate Income Funds have a maximum sales charge of 3.0%. The Core Plus Bond, Inflation Protected Securities and Strategic Income Funds’ class A Shares have a maximum sales charge of 4.25%. Class A Shares have a maximum sales charge of 4.75% for the Credit Income, NWQ Flexible Income, Preferred Securities and Income, High Yield Income Funds. Class A Shares of Intermediate National and State Municipal Bond Funds, Strategic Municipal Opportunities and Inflation Protected Municipal Bond Fund have a 3.0% maximum sales charge. Returns assume reinvestment of dividends and capital gains.Ĭlass A Shares of Non-Intermediate National and State Municipal Bond Funds have a 4.2% (2.5% for Limited Term, and Short Duration High Yield, Short Term Municipal Bond Funds) maximum sales charge. Returns without sales charges would be lower if the sales charges were included. Total returns for a period of less than one year are cumulative. Current performance may be higher or lower than the performance shown. Investment returns and principal value will fluctuate so that when shares are redeemed, they may be worth more or less than their original cost. Returns quoted represent past performance which is no guarantee of future results. Please note, there are no exchange privileges between the two fund families. The Nuveen Family of Funds and the TIAA-CREF Funds are distinct fund families that comprise different investment products, each with its own features, terms and conditions, fee structures and risk factors.
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