FYMNX Fees and Costs — Nuveen Minnesota Municipal Bond Fund, Class I
Data updated: 2026-09-28
The net expense ratio is 0.57%. There are no sales loads or redemption fees. Portfolio turnover was 7%.
FYMNX Fees and Expenses
Annual operating expenses and sales charges of FYMNX. Prospectus, as of May 31, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.48% |
| 12b-1 fee | 0.00% |
| Other expenses | — |
| Gross expense ratio | 0.57% |
| Fee waiver | — |
| Net expense ratio | 0.57% |
| 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 |
FYMNX Costs Over Time
On $10,000 invested in FYMNX, assuming 5% a year before costs, total costs come to $360 over 5 years, cutting the return by 0.60% 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 0.57%) | $60 | $188 | $327 |
| Lost growth on money paid in costs | $0 | $9 | $33 |
| Total costs | $60 | $197 | $360 |
| Value after costs | $10,440 | $11,379 | $12,403 |
| Impact on return, per year | 0.60% | 0.60% | 0.60% |
FYMNX 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): $138.2M
- Portfolio turnover (prospectus): 7%
- Securities lending: none during the year
FYMNX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| Bank of America, National Association | $26.9M | 36.90% |
| Morgan Stanley | $25.0M | 34.23% |
| Mesirow Financial, Inc. | $11.8M | 16.20% |
| JPMorgan Securities LLC | $2.8M | 3.79% |
| Dougherty & Company LLC | $1.9M | 2.63% |
| Duncan-Williams, Inc. | $1.4M | 1.88% |
| D.A. Davidson & Co. | $1.2M | 1.68% |
| Loop Capital Markets LLC | $1.1M | 1.44% |
| Huntington Securities, Inc. | $611K | 0.84% |
| Hilltop Securities Inc. | $304K | 0.42% |
Nuveen Minnesota 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 |
|---|---|---|---|
| FYMNX | Class I | 0.57% | none |
| FJMNX | Class A | 0.77% | 4.20% |
| NTCCX | Class C | 1.57% | 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.