Nuveen Michigan Municipal Fund Quote
| FAFNX Fund | USD 10.69 0.02 0.19% |
Performance3 of 100
| Odds Of DistressLess than 22
|
Nuveen Michigan is trading at 10.69 as of the 28th of November 2024; that is 0.19 percent increase since the beginning of the trading day. The fund's open price was 10.67. Nuveen Michigan has about a 22 % chance of experiencing some form of financial distress in the next two years of operation and did not have a very good performance during the last 90 trading days. Equity ratings for Nuveen Michigan Municipal are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 30th of August 2024 and ending today, the 28th of November 2024. Click here to learn more.
Under normal market conditions, the fund invests at least 80 percent of its net assets in investment grade municipal bonds rated BBBBaa or higher at the time of purchase by at least one independent rating agency, or, if unrated, judged by the funds sub-adviser to be of comparable quality. More on Nuveen Michigan Municipal
Moving against Nuveen Mutual Fund
Nuveen Mutual Fund Highlights
| Fund Concentration | Nuveen Funds, Large Funds, Muni Single State Long Funds, Muni Single State Long, Nuveen (View all Sectors) |
| Update Date | 30th of September 2024 |
| Expense Ratio Date | 30th of September 2022 |
| Fiscal Year End | May |
Nuveen Michigan Municipal [FAFNX] is traded in USA and was established 28th of November 2024. Nuveen Michigan is listed under Nuveen category by Fama And French industry classification. The fund is listed under Muni Single State Long category and is part of Nuveen family. This fund currently has accumulated 297.55 M in assets under management (AUM) with no minimum investment requirementsNuveen Michigan Municipal is currently producing year-to-date (YTD) return of 0.95% with the current yeild of 0.0%, while the total return for the last 3 years was -2.16%.
Check Nuveen Michigan Probability Of Bankruptcy
Instrument Allocation
Nuveen Michigan Municipal Risk Profiles
| Mean Deviation | 0.1498 | |||
| Semi Deviation | 0.2473 | |||
| Standard Deviation | 0.2491 | |||
| Variance | 0.0621 |
Nuveen Michigan Against Markets
Other Information on Investing in Nuveen Mutual Fund
Nuveen Michigan financial ratios help investors to determine whether Nuveen Mutual Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Nuveen with respect to the benefits of owning Nuveen Michigan security.
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