FAZTX Fees and Costs — Nuveen Arizona Municipal Bond Fund, Class A
Data updated: 2026-09-28
The net expense ratio is 0.84%. This share class carries a maximum front-end sales load of 4.20%. Portfolio turnover was 8%.
FAZTX Fees and Expenses
Annual operating expenses and sales charges of FAZTX. Prospectus, as of May 31, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.50% |
| 12b-1 fee | 0.20% |
| Other expenses | — |
| Gross expense ratio | 0.84% |
| Fee waiver | — |
| Net expense ratio | 0.84% |
| Sales charges | |
|---|---|
| Max front load | 4.20% |
| Max deferred load | 0.00% |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | No |
| Fees waived or reduced during the year | No |
| Waived fees subject to recoupment | No |
FAZTX Costs Over Time
On $10,000 invested in FAZTX, assuming 5% a year before costs, total costs come to $1,041 over 5 years, cutting the return by 1.77% a year. Illustration, not a forecast: it assumes today's net expense ratio throughout (a fee waiver may end).
| $10,000 invested | Sell after 1 year | Sell after 3 years | Sell after 5 years |
|---|---|---|---|
| Value before costs | $10,500 | $11,576 | $12,763 |
| Sales charges | $420 | $420 | $420 |
| Fund expenses (net expense ratio 0.84%) | $84 | $264 | $459 |
| Lost growth on money paid in costs | $21 | $79 | $162 |
| Total costs | $525 | $763 | $1,041 |
| Value after costs | $9,975 | $10,813 | $11,722 |
| Impact on return, per year | 5.25% | 2.36% | 1.77% |
FAZTX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending May 31, 2026.
- Explicit cost rate (commissions ÷ average net assets): —
- Total broker commissions: —
- Bought from dealers (principal trades, not a cost): $33.3M
- Portfolio turnover (prospectus): 8%
- Securities lending: none during the year
FAZTX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| Stifel Nicolaus & Company Incorporated | $8.9M | 28.48% |
| Raymond James & Associates Inc. | $6.1M | 19.43% |
| Morgan Stanley | $5.3M | 16.76% |
| RBC Capital Markets, LLC | $2.0M | 6.37% |
| Piper Sandler & Co. | $2.0M | 6.36% |
| Bank of America, National Association | $1.7M | 5.51% |
| Goldman Sachs & Co. LLC | $1.7M | 5.32% |
| ICE Securities Execution & Clearing, LLC | $1.4M | 4.39% |
| Wells Fargo Securities, LLC | $1.2M | 3.96% |
| JPMorgan Securities LLC | $1.1M | 3.42% |
Nuveen Arizona Municipal Bond Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| NMARX | Class I | 0.64% | none |
| FAZTX | Class A | 0.84% | 4.20% |
| FZCCX | Class C | 1.64% | none |
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.