FDCDX

About FDCDX

Nuveen Connecticut Municipal Bond Fund Class C is a mutual fund focused on providing current interest income that is generally exempt from regular federal, Connecticut state, and in some instances, local income taxes. The fund primarily invests in investment-grade municipal bonds issued by Connecticut state and local governments, supporting a variety of public projects within the state. As part of the muni single-state long portfolio category, its holdings are characterized by average maturities greater than 12 years, which positions the fund within the intermediate to long-term fixed income market segment. This structure offers investors exposure to Connecticut's municipal securities market while seeking to preserve capital. The fund distributes income on a monthly basis and is notable for its role in facilitating tax-advantaged fixed income investing for individuals and institutions seeking municipal bonds specific to Connecticut. By focusing exclusively within the state, it plays a significant role in local infrastructure funding while enabling investors to benefit from targeted tax efficiencies and consistent income generation.