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FCMNX Nuveen Minnesota Municipal Bond C1

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Fund FCMNX Nuveen Minnesota Municipal Bond C1 SMTFX Sit MN Tax-Free Income  
100% 93%
Annual Fees
(1.28% Exp. Ratio)
(0.82% Exp. Ratio)
Future Est. Balance in 30 yrs
Assuming 2.09% annual return
$12,635.70 $14,526.74
Est. savings over 30 yrs +$1,891.04
As of 12/31/16
1 YR RETURN -0.79%
3 YR 4.45%
5 YR 3.35%
10 YR 3.81%
1 YR RETURN 0.14%
3 YR 4.45%
5 YR 3.44%
10 YR 4.05%
The investment seeks to provide maximum current income that is exempt from both federal income tax and Minnesota state income tax to the extent consistent with prudent investment risk. Under normal market conditions, the fund invests at least 80% of the sum of its net assets and the amount of any borrowings for investment purposes in municipal bonds that pay interest that is exempt from regular federal and Minnesota personal income tax.
The investment seeks high current income that is exempt from federal regular income tax and Minnesota regular personal income tax consistent with preservation of capital. The fund seeks to achieve its objective by investing primarily in municipal securities that generate interest income that is exempt from regular federal income tax and Minnesota regular personal income tax. It invests 100% (and, as a fundamental policy, no less than 80%) of its net assets in such tax-exempt municipal securities. It is non-diversified.

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The fees, balance and savings information above are estimated numbers, based on the data FeeX had at the day of publication, but may not be accurate due to incomplete or erroneous data.

The best choice is based on a combined analysis of lowest fees and highest similarity to the original fund.


FeeX's similarity algorithm analyzes over 15 investment characteristics like investment category, asset allocation, strategy, geographical allocation and more. FeeX gives each its own weight and calculates the similarity of any two investments based on a scale of 0 to 100%. Funds with a similarity ranking of 85% and higher are considered "similar".

Yes, funds and ETFs charge fees

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