FSHYX

About FSHYX

Nuveen Short Term Municipal Bond Fund Class I is an actively managed municipal bond mutual fund focused on providing current income that is generally exempt from regular federal income tax while emphasizing preservation of capital. The portfolio primarily holds investment‑grade, short‑term municipal securities, targeting an average weighted maturity of three years or less to limit interest‑rate sensitivity. It sits in the Muni National Short category, reflecting diversified exposure across states and public‑purpose sectors such as health care, education, transportation, and general obligations. The fund’s short effective duration and conservative credit profile position it as a cash‑flow–oriented core bond holding for investors seeking tax‑advantaged income with relatively lower volatility versus longer‑duration municipal strategies. Institutional share class features include a competitive net expense ratio and a high minimum initial investment, aligning the vehicle with professional allocators and large accounts. Backed by Nuveen’s municipal fixed‑income platform, the strategy applies active credit selection and structure management to navigate evolving municipal credit conditions and rate environments while maintaining its short‑term mandate.