NTNYX

About NTNYX

Nuveen New York Municipal Bond Fund Class I is a mutual fund focused on providing investors with tax-exempt income by investing primarily in investment-grade municipal bonds issued within New York State. The fund’s primary objective is to generate a high level of current interest income that is exempt from regular federal and New York State personal income taxes, while also seeking to preserve capital. Its portfolio mainly consists of municipal debt securities, including general obligation and revenue bonds tied to essential public projects, such as infrastructure and education, across New York. Class I shares are typically offered to institutional investors or those meeting higher minimum investment requirements. The fund may allocate a portion of assets—up to 20%—to below investment-grade bonds, adding potential diversification and yield enhancement opportunities. With monthly dividend distributions, Nuveen New York Municipal Bond Fund Class I plays a specialized role for investors, particularly those residing in New York, seeking tax-advantaged fixed income exposure and a tool for municipal bond diversification within broader portfolios.