NXOHX

About NXOHX

Nuveen Ohio Municipal Bond Fund Class I is a mutual fund primarily focused on investing in investment-grade municipal bonds issued within the state of Ohio. Its principal objective is to provide investors with a high level of current interest income that is generally exempt from regular federal income tax, as well as Ohio state and, in some cases, local taxes. This fund is structured for institutional investors and maintains a minimum initial investment threshold of $100,000. It features a diversified portfolio with a high credit quality and moderate interest rate sensitivity, targeting long-term capital preservation alongside tax-advantaged income. The fund’s holdings predominantly consist of bonds from Ohio state and local issuers in sectors such as infrastructure, healthcare, and water utilities, and it is managed to maintain a competitive expense ratio relative to its peers. Nuveen Ohio Municipal Bond Fund Class I plays a significant role for investors seeking tax-exempt income, particularly those residing in Ohio who can benefit from its state-specific tax advantages and professional management in the municipal fixed-income market.