FAARX Performance — Nuveen All-American Municipal Bond Fund, Class I
Data updated: 2026-08-27
FAARX returned +2.43% year to date and +6.36% over one year to Jun 2026. Annualised returns are +3.86% over 3 years and −0.45% over 5 years. The fund trailed its Long-Term Municipal Bond category average: $100 invested three years ago grew to $112, against $112 for the category, and to $106 over one year, against $108. Volatility over the past three years was 5.47% a year. In the 12 months to Jun 2026 the fund lost a net $295.4M, and assets reached $3.50B.
FAARX Growth of $100
What $100 invested in Nuveen All-American Municipal Bond Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Long-Term Municipal Bond category average over the same months.
| Period | FAARX | Category average |
|---|---|---|
| 1 year (Jul 2025 – Jun 2026) | $106 | $108 |
| 3 years (Jul 2023 – Jun 2026) | $112 | $112 |
| 5 years (Jul 2021 – Jun 2026) | $98 | $103 |
| Since data start (Jul 2019 – Jun 2026) | $110 | $113 |
FAARX Trailing Returns
Total returns to Jun 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +2.43% |
| 1 year | +6.36% |
| 3 years (annualised) | +3.86% |
| 5 years (annualised) | −0.45% |
FAARX Annual Returns
Calendar-year total returns of Nuveen All-American Municipal Bond Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–Jun) | +2.43% |
| 2025 | +3.10% |
| 2024 | +2.80% |
| 2023 | +6.72% |
| 2022 | −16.24% |
| 2021 | +4.13% |
| 2020 | +5.73% |
| 2019 (Jul–Dec) | +2.65% |
FAARX Monthly Returns
Monthly total returns as reported on SEC Form N-PORT.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +0.8% | +1.4% | −2.3% | +1.2% | +0.6% | +0.9% | — | — | — | — | — | — |
| 2025 | +0.4% | +1.1% | −1.6% | −0.8% | −0.2% | +0.6% | −0.9% | +0.8% | +2.5% | +1.1% | +0.3% | +0.1% |
| 2024 | 0.0% | +0.3% | +0.3% | −1.0% | +0.3% | +1.6% | +0.8% | +0.7% | +0.6% | −1.3% | +1.6% | −1.3% |
| 2023 | +3.5% | −2.4% | +1.7% | +0.2% | −0.7% | +1.1% | +0.2% | −1.2% | −2.6% | −1.7% | +6.1% | +2.5% |
| 2022 | −3.6% | −1.1% | −4.8% | −5.1% | +1.7% | −4.1% | +3.6% | −2.5% | −4.6% | −1.2% | +5.2% | −0.5% |
| 2021 | +1.2% | −1.9% | +0.8% | +1.5% | +0.9% | +0.8% | +1.0% | −0.6% | −1.2% | −0.2% | +1.5% | +0.2% |
| 2020 | +2.1% | +2.0% | −6.5% | −2.3% | +3.7% | +2.0% | +2.0% | −0.4% | −0.1% | −0.2% | +2.5% | +1.3% |
| 2019 | — | — | — | — | — | — | +0.8% | +2.1% | −0.8% | 0.0% | +0.2% | +0.3% |
FAARX Risk
Risk measures from monthly returns over Jul 2023 – Jun 2026.
- 3-year volatility (annualised): 5.47%
- 3-year Sharpe ratio: -0.12 (vs 4.5% risk-free rate)
- Best month: +6.15% (Nov 2023)
- Worst month: −2.58% (Sep 2023)
FAARX Fund Flows
Monthly money in and out of Nuveen All-American Municipal Bond Fund, from SEC Form N-PORT.
- 12-month net flow: −$295.4M
- 12-month gross sales (incl. reinvestments): $1.1B
- Sales ÷ redemptions: 0.79×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jun 2026 | $74.3M | $74.4M | −$77K |
| May 2026 | $65.5M | $85.3M | −$19.8M |
| Apr 2026 | $79.4M | $89.9M | −$10.5M |
| Mar 2026 | $66.2M | $102.2M | −$36.0M |
| Feb 2026 | $77.8M | $74.4M | $3.4M |
| Jan 2026 | $101.8M | $97.2M | $4.6M |
| Dec 2025 | $125.1M | $256.8M | −$131.6M |
| Nov 2025 | $88.6M | $120.0M | −$31.4M |
| Oct 2025 | $104.3M | $118.0M | −$13.7M |
| Sep 2025 | $110.3M | $104.8M | $5.5M |
| Aug 2025 | $95.1M | $142.8M | −$47.6M |
| Jul 2025 | $103.2M | $121.4M | −$18.2M |
FAARX Assets Under Management
Net assets of Nuveen All-American Municipal Bond Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-06-30 | $3.50B |
| 2026-03-31 | $3.48B |
| 2025-12-31 | $3.55B |
| 2025-09-30 | $3.74B |
| 2025-06-30 | $3.74B |
| 2025-03-31 | $3.90B |
| 2024-12-31 | $4.05B |
| 2024-09-30 | $4.29B |
| 2024-06-30 | $4.25B |
| 2024-03-31 | $4.34B |
| 2023-12-31 | $4.42B |
| 2023-09-30 | $4.37B |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.