FVATX

About FVATX

Nuveen Virginia Municipal Bond Fund Class A is a mutual fund focused on providing investors with current interest income that is largely exempt from federal, Virginia State, and in some cases local income taxes. As a fixed income fund, its primary investments are in municipal bonds—at least 80% of its assets are allocated to investment-grade securities rated BBB/Baa or higher, while up to 20% may be invested in below investment-grade or "high yield" municipal bonds. This approach is designed to balance tax-efficient income generation with capital preservation. The fund typically holds a diversified portfolio, with over 200 municipal bond holdings, and pays dividends on a monthly basis. First launched in March 1986, it targets income-oriented investors, especially those residing in Virginia who may benefit from state-level tax exemptions. The fund plays a notable role in the municipal bond sector, offering diversified access to tax-advantaged fixed income investments and serving as a tool for both income generation and risk management within broader investment portfolios.