Nuveen Flagship Ohio Muni Bd Fd Cl A (FOHTX) NASDAQ

10.79

+0(+0.00%)

Updated at October 29 04:00PM

Currency In USD

Nuveen Flagship Ohio Muni Bd Fd Cl A

Address

John Nuveen & Co Inc

Chicago, IL 60606

United States of America

Phone

3129178200

Website

N/A

Sector

Financial Services

Industry

Asset Management

Employees

N/A

First IPO Date

June 27, 1985

Key Executives

N/A

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.