FCTRX Performance — Nuveen Connecticut Municipal Bond Fund, Class I
Data updated: 2026-07-24
FCTRX returned +1.96% year to date and +7.88% over one year to May 2026. Annualised returns are +4.09% over 3 years and +0.57% over 5 years. The fund beat its Long-Term Municipal Bond category average: $100 invested three years ago grew to $113, against $112 for the category, and to $108 over one year, against $107. Volatility over the past three years was 5.79% a year. In the 12 months to May 2026 the fund took in a net $25.1M, and assets reached $252.38M.
FCTRX Growth of $100
What $100 invested in Nuveen Connecticut 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 | FCTRX | Category average |
|---|---|---|
| 1 year (Jun 2025 – May 2026) | $108 | $107 |
| 3 years (Jun 2023 – May 2026) | $113 | $112 |
| 5 years (Jun 2021 – May 2026) | $103 | $103 |
| Since data start (Sep 2019 – May 2026) | $109 | $109 |
FCTRX Trailing Returns
Total returns to May 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +1.96% |
| 1 year | +7.88% |
| 3 years (annualised) | +4.09% |
| 5 years (annualised) | +0.57% |
FCTRX Annual Returns
Calendar-year total returns of Nuveen Connecticut Municipal Bond Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–May) | +1.96% |
| 2025 | +3.48% |
| 2024 | +2.52% |
| 2023 | +5.96% |
| 2022 | −11.27% |
| 2021 | +2.55% |
| 2020 | +4.47% |
| 2019 (Sep–Dec) | −0.16% |
FCTRX 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 | +0.7% | +1.4% | −1.9% | +1.2% | +0.5% | — | — | — | — | — | — | — |
| 2025 | +0.1% | +1.2% | −1.8% | −1.0% | −0.7% | +0.7% | −0.8% | +1.0% | +2.9% | +1.4% | +0.4% | +0.1% |
| 2024 | −0.2% | +0.5% | +0.1% | −1.2% | +0.2% | +1.7% | +0.8% | +0.6% | +1.1% | −1.3% | +1.8% | −1.5% |
| 2023 | +3.0% | −2.5% | +1.9% | −0.1% | −0.7% | +0.9% | +0.3% | −1.3% | −2.7% | −1.6% | +6.6% | +2.4% |
| 2022 | −2.7% | −0.8% | −3.4% | −3.3% | +0.9% | −2.5% | +3.0% | −2.8% | −4.3% | −0.9% | +5.4% | −0.2% |
| 2021 | +0.7% | −1.4% | +0.6% | +1.0% | +0.5% | +0.4% | +0.9% | −0.4% | −0.8% | −0.1% | +1.0% | +0.2% |
| 2020 | +1.8% | +1.5% | −3.6% | −2.5% | +2.9% | +1.4% | +1.6% | −0.1% | 0.0% | −0.2% | +1.4% | +0.6% |
| 2019 | — | — | — | — | — | — | — | — | −0.6% | +0.1% | +0.2% | +0.2% |
FCTRX Risk
Risk measures from monthly returns over Jun 2023 – May 2026.
- 3-year volatility (annualised): 5.79%
- 3-year Sharpe ratio: -0.07 (vs 4.5% risk-free rate)
- Best month: +6.57% (Nov 2023)
- Worst month: −2.75% (Sep 2023)
FCTRX Fund Flows
Monthly money in and out of Nuveen Connecticut Municipal Bond Fund, from SEC Form N-PORT.
- 12-month net flow: $25.1M
- 12-month gross sales (incl. reinvestments): $73.6M
- Sales ÷ redemptions: 1.52×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| May 2026 | $8.4M | $7.2M | $1.2M |
| Apr 2026 | $7.3M | $3.2M | $4.0M |
| Mar 2026 | $10.1M | $2.9M | $7.2M |
| Feb 2026 | $6.6M | $1.6M | $5.0M |
| Jan 2026 | $4.1M | $2.9M | $1.2M |
| Dec 2025 | $5.3M | $3.4M | $1.9M |
| Nov 2025 | $5.8M | $2.6M | $3.2M |
| Oct 2025 | $5.2M | $4.7M | $525K |
| Sep 2025 | $5.4M | $3.8M | $1.7M |
| Aug 2025 | $4.0M | $5.5M | −$1.4M |
| Jul 2025 | $5.9M | $7.7M | −$1.8M |
| Jun 2025 | $5.5M | $3.1M | $2.4M |
FCTRX Assets Under Management
Net assets of Nuveen Connecticut Municipal Bond Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-05-31 | $252.38M |
| 2026-02-28 | $242.36M |
| 2025-11-30 | $231.05M |
| 2025-08-31 | $217.29M |
| 2025-05-31 | $218.34M |
| 2025-02-28 | $228.98M |
| 2024-11-30 | $249.97M |
| 2024-08-31 | $237.21M |
| 2024-05-31 | $238.07M |
| 2024-02-29 | $240.24M |
| 2023-11-30 | $219.53M |
| 2023-08-31 | $215.97M |
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.