FAFLX Performance — Nuveen Louisiana Municipal Bond Fund, Class C
Data updated: 2026-09-28
FAFLX returned +1.36% year to date and +6.77% over one year to May 2026. Annualised returns are +2.93% over 3 years and +0.16% over 5 years. The fund trailed its Long-Term Municipal Bond category average: $100 invested three years ago grew to $109, against $112 for the category, and to $107 over one year, against $107. Volatility over the past three years was 6.24% a year. In the 12 months to May 2026 the fund lost a net $13.5M, and assets reached $212.61M.
FAFLX Growth of $100
What $100 invested in Nuveen Louisiana 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 | FAFLX | Category average |
|---|---|---|
| 1 year (Jun 2025 – May 2026) | $107 | $107 |
| 3 years (Jun 2023 – May 2026) | $109 | $112 |
| 5 years (Jun 2021 – May 2026) | $101 | $103 |
| Since data start (Sep 2019 – May 2026) | $106 | $109 |
FAFLX Trailing Returns
Total returns to May 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +1.36% |
| 1 year | +6.77% |
| 3 years (annualised) | +2.93% |
| 5 years (annualised) | +0.16% |
FAFLX Annual Returns
Calendar-year total returns of Nuveen Louisiana Municipal Bond Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–May) | +1.36% |
| 2025 | +2.90% |
| 2024 | +0.56% |
| 2023 | +5.34% |
| 2022 | −9.84% |
| 2021 | +3.13% |
| 2020 | +3.24% |
| 2019 (Sep–Dec) | −0.40% |
FAFLX 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 | +0.4% | +1.4% | −2.0% | +1.2% | +0.5% | — | — | — | — | — | — | — |
| 2025 | +0.2% | +1.0% | −1.8% | −1.0% | −0.8% | +0.6% | −1.1% | +0.8% | +3.1% | +1.3% | +0.5% | 0.0% |
| 2024 | 0.0% | +0.4% | +0.1% | −1.1% | +0.4% | +1.5% | +0.7% | +0.5% | −0.3% | −1.5% | +1.5% | −1.4% |
| 2023 | +2.9% | −2.4% | +1.6% | +0.1% | −0.8% | +0.9% | +0.2% | −1.3% | −3.3% | −1.9% | +7.4% | +2.3% |
| 2022 | −2.1% | −0.7% | −2.7% | −2.8% | +0.8% | −2.7% | +3.2% | −2.1% | −4.6% | −1.0% | +5.1% | −0.2% |
| 2021 | +0.8% | −1.1% | +0.7% | +1.0% | +0.6% | +0.7% | +0.5% | −0.2% | −0.8% | +0.2% | +0.9% | 0.0% |
| 2020 | +1.7% | +1.2% | −4.4% | −1.7% | +2.4% | +1.2% | +0.6% | −0.4% | +0.3% | −0.3% | +1.8% | +0.9% |
| 2019 | — | — | — | — | — | — | — | — | −0.6% | −0.1% | +0.1% | +0.2% |
FAFLX Risk
Risk measures from monthly returns over Jun 2023 – May 2026.
- 3-year volatility (annualised): 6.24%
- 3-year Sharpe ratio: -0.25 (vs 4.5% risk-free rate)
- Best month: +7.40% (Nov 2023)
- Worst month: −3.33% (Sep 2023)
FAFLX Fund Flows
Monthly money in and out of Nuveen Louisiana Municipal Bond Fund, from SEC Form N-PORT.
- 12-month net flow: −$13.5M
- 12-month gross sales (incl. reinvestments): $39.7M
- Sales ÷ redemptions: 0.75×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| May 2026 | $2.1M | $5.1M | −$3.0M |
| Apr 2026 | $2.4M | $4.6M | −$2.2M |
| Mar 2026 | $2.5M | $2.6M | −$127K |
| Feb 2026 | $2.9M | $2.9M | $70K |
| Jan 2026 | $2.3M | $5.6M | −$3.3M |
| Dec 2025 | $5.5M | $7.4M | −$1.9M |
| Nov 2025 | $4.1M | $4.5M | −$427K |
| Oct 2025 | $3.8M | $3.8M | $6K |
| Sep 2025 | $3.8M | $3.9M | −$18K |
| Aug 2025 | $3.6M | $3.4M | $164K |
| Jul 2025 | $3.5M | $6.3M | −$2.8M |
| Jun 2025 | $3.2M | $3.2M | $30K |
FAFLX Assets Under Management
Net assets of Nuveen Louisiana Municipal Bond Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-05-31 | $212.61M |
| 2026-02-28 | $220.25M |
| 2025-11-30 | $222.79M |
| 2025-08-31 | $214.24M |
| 2025-05-31 | $217.92M |
| 2025-02-28 | $231.03M |
| 2024-11-30 | $235.09M |
| 2024-08-31 | $237.20M |
| 2024-05-31 | $213.64M |
| 2024-02-29 | $214.77M |
| 2023-11-30 | $217.11M |
| 2023-08-31 | $211.96M |
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.