NAFOX

About NAFOX

Nuveen Oregon Intermediate Municipal Bond Fund Class C is a fixed income mutual fund predominantly investing in investment-grade, intermediate-term municipal bonds issued within the state of Oregon. The fund is designed to generate current income that is generally exempt from regular federal and Oregon state income taxes, appealing to investors seeking tax-advantaged income. The portfolio targets bonds with a weighted average maturity between three and ten years, focusing on balancing interest rate risk and income stability. Its holdings are primarily municipal bonds funding Oregon public projects, such as transportation, healthcare, and education infrastructure, with no allocation to stocks or foreign securities. The fund plays a significant role in supporting Oregon’s public sector financing while offering investors exposure to the municipal debt market with a state-specific focus. Its risk profile and returns are influenced by interest rate movements and municipal credit conditions, making it a specialized tool for those interested in tax-exempt fixed income from Oregon issuers.