FKYRX Fees and Costs — Nuveen Kentucky Municipal Bond Fund, Class I
Data updated: 2026-09-28
The net expense ratio is 0.96%. There are no sales loads or redemption fees. Portfolio turnover was 13%.
FKYRX Fees and Expenses
Annual operating expenses and sales charges of FKYRX. Prospectus, as of May 31, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.50% |
| 12b-1 fee | 0.00% |
| Other expenses | — |
| Gross expense ratio | 0.96% |
| Fee waiver | — |
| Net expense ratio | 0.96% |
| Sales charges | |
|---|---|
| Max front load | 0.00% |
| 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 |
FKYRX Costs Over Time
On $10,000 invested in FKYRX, assuming 5% a year before costs, total costs come to $601 over 5 years, cutting the return by 1.01% 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 |
| Fund expenses (net expense ratio 0.96%) | $101 | $315 | $546 |
| Lost growth on money paid in costs | $0 | $16 | $55 |
| Total costs | $101 | $330 | $601 |
| Value after costs | $10,399 | $11,246 | $12,162 |
| Impact on return, per year | 1.01% | 1.01% | 1.01% |
FKYRX 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): $59.4M
- Portfolio turnover (prospectus): 13%
- Securities lending: none during the year
FKYRX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| Wells Fargo Securities, LLC | $23.3M | 40.87% |
| Mesirow Financial, Inc. | $12.3M | 21.56% |
| Bank of America, National Association | $6.3M | 11.07% |
| Piper Sandler & Co. | $3.5M | 6.10% |
| Jefferies LLC | $2.2M | 3.85% |
| JPMorgan Securities LLC | $2.2M | 3.80% |
| Raymond James & Associates Inc. | $2.1M | 3.66% |
| Morgan Stanley | $2.0M | 3.55% |
| National Financial Services LLC | $1.6M | 2.83% |
| Robert W. Baird & Co. Incorporated | $1.5M | 2.70% |
Nuveen Kentucky 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 |
|---|---|---|---|
| FKYRX | Class I | 0.96% | none |
| FKYTX | Class A | 1.16% | 4.20% |
| FKCCX | Class C | 1.96% | 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.