FPCCX

About FPCCX

Nuveen Pennsylvania Municipal Bond Fund Class C is a municipal bond mutual fund focused on generating current interest income that is exempt from regular federal, Pennsylvania state, and in certain cases, local income taxes. The fund principally invests at least 80% of its net assets in investment-grade municipal bonds issued within Pennsylvania, supporting infrastructure, education, and public works projects at the state and local levels. Designed for investors seeking tax-advantaged income, the fund holds a diversified portfolio of over 200 securities, providing exposure to a variety of issuers and maturities within the state's municipal market. The income produced is distributed monthly, and the fund is managed with an emphasis on capital preservation and tax efficiency. With a moderate expense ratio, the fund plays a specialized role in the market by catering to individuals seeking municipal bond exposure with the potential for tax-exempt returns, particularly advantageous for Pennsylvania residents and those prioritizing after-tax income in their investment strategy.