FAFKX Performance — Nuveen Colorado Municipal Bond Fund, Class C
Data updated: 2026-09-28
FAFKX returned +1.29% year to date and +5.98% over one year to May 2026. Annualised returns are +2.75% over 3 years and −0.33% over 5 years. The fund trailed its Long-Term Municipal Bond category average: $100 invested three years ago grew to $108, against $112 for the category, and to $106 over one year, against $107. Volatility over the past three years was 5.91% a year. In the 12 months to May 2026 the fund took in a net $11.5M, and assets reached $480.39M.
FAFKX Growth of $100
What $100 invested in Nuveen Colorado 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 | FAFKX | Category average |
|---|---|---|
| 1 year (Jun 2025 – May 2026) | $106 | $107 |
| 3 years (Jun 2023 – May 2026) | $108 | $112 |
| 5 years (Jun 2021 – May 2026) | $98 | $103 |
| Since data start (Sep 2019 – May 2026) | $103 | $109 |
FAFKX Trailing Returns
Total returns to May 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +1.29% |
| 1 year | +5.98% |
| 3 years (annualised) | +2.75% |
| 5 years (annualised) | −0.33% |
FAFKX Annual Returns
Calendar-year total returns of Nuveen Colorado Municipal Bond Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–May) | +1.29% |
| 2025 | +2.01% |
| 2024 | +1.08% |
| 2023 | +5.35% |
| 2022 | −10.85% |
| 2021 | +0.71% |
| 2020 | +4.46% |
| 2019 (Sep–Dec) | −0.60% |
FAFKX 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 | +0.2% | +1.2% | −1.8% | +1.2% | +0.4% | — | — | — | — | — | — | — |
| 2025 | −0.1% | +0.9% | −1.7% | −1.1% | −0.6% | +0.4% | −0.8% | +0.9% | +2.5% | +1.2% | +0.3% | −0.1% |
| 2024 | −0.2% | +0.1% | −0.3% | −1.1% | −0.1% | +1.5% | +0.8% | +0.4% | +0.9% | −1.3% | +1.6% | −1.4% |
| 2023 | +3.1% | −2.7% | +2.0% | −0.1% | −0.8% | +0.9% | +0.2% | −1.6% | −3.0% | −1.8% | +7.1% | +2.4% |
| 2022 | −2.7% | −0.6% | −3.0% | −3.1% | +0.9% | −2.1% | +2.6% | −2.6% | −4.4% | −1.2% | +5.4% | −0.1% |
| 2021 | +0.4% | −1.8% | +0.6% | +0.9% | +0.3% | +0.3% | +0.7% | −0.5% | −1.0% | −0.2% | +0.9% | +0.1% |
| 2020 | +1.8% | +1.6% | −4.2% | −1.7% | +3.5% | +0.9% | +1.6% | −0.4% | −0.2% | −0.2% | +1.5% | +0.5% |
| 2019 | — | — | — | — | — | — | — | — | −0.8% | 0.0% | +0.1% | +0.2% |
FAFKX Risk
Risk measures from monthly returns over Jun 2023 – May 2026.
- 3-year volatility (annualised): 5.91%
- 3-year Sharpe ratio: -0.30 (vs 4.5% risk-free rate)
- Best month: +7.08% (Nov 2023)
- Worst month: −3.05% (Sep 2023)
FAFKX Fund Flows
Monthly money in and out of Nuveen Colorado Municipal Bond Fund, from SEC Form N-PORT.
- 12-month net flow: $11.5M
- 12-month gross sales (incl. reinvestments): $164.9M
- Sales ÷ redemptions: 1.08×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| May 2026 | $15.3M | $11.0M | $4.3M |
| Apr 2026 | $8.9M | $7.3M | $1.6M |
| Mar 2026 | $9.8M | $12.9M | −$3.1M |
| Feb 2026 | $13.4M | $10.2M | $3.2M |
| Jan 2026 | $15.7M | $8.6M | $7.0M |
| Dec 2025 | $20.4M | $20.4M | $54K |
| Nov 2025 | $9.6M | $10.9M | −$1.3M |
| Oct 2025 | $14.1M | $9.0M | $5.0M |
| Sep 2025 | $14.1M | $17.0M | −$2.9M |
| Aug 2025 | $13.1M | $16.6M | −$3.4M |
| Jul 2025 | $11.7M | $13.8M | −$2.1M |
| Jun 2025 | $18.8M | $15.6M | $3.1M |
FAFKX Assets Under Management
Net assets of Nuveen Colorado Municipal Bond Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-05-31 | $480.39M |
| 2026-02-28 | $481.74M |
| 2025-11-30 | $468.18M |
| 2025-08-31 | $451.78M |
| 2025-05-31 | $456.35M |
| 2025-02-28 | $494.40M |
| 2024-11-30 | $510.29M |
| 2024-08-31 | $494.35M |
| 2024-05-31 | $469.14M |
| 2024-02-29 | $472.14M |
| 2023-11-30 | $430.75M |
| 2023-08-31 | $453.95M |
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.