NUVBX Fees and Costs — Nuveen Intermediate Duration Municipal Bond Fund, Class I
Data updated: 2026-08-27
The net expense ratio is 0.43%: a 0.38% management fee plus 0.05% other expenses. There are no sales loads or redemption fees. Portfolio turnover was 24%.
NUVBX Fees and Expenses
Annual operating expenses and sales charges of NUVBX. Prospectus, as of March 31, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.38% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.05% |
| Gross expense ratio | 0.43% |
| Fee waiver | — |
| Net expense ratio | 0.43% |
| Sales charges | |
|---|---|
| Max front load | 0.00% |
| Max deferred load | 0.00% |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | No |
NUVBX Costs Over Time
On $10,000 invested in NUVBX, assuming 5% a year before costs, total costs come to $272 over 5 years, cutting the return by 0.45% 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 0.43%) | $45 | $142 | $247 |
| Lost growth on money paid in costs | $0 | $7 | $25 |
| Total costs | $45 | $149 | $272 |
| Value after costs | $10,455 | $11,428 | $12,491 |
| Impact on return, per year | 0.45% | 0.45% | 0.45% |
NUVBX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending March 31, 2026.
- Explicit cost rate (commissions ÷ average net assets): —
- Total broker commissions: —
- Bought from dealers (principal trades, not a cost): $4.1B
- Portfolio turnover (prospectus): 24%
- Securities lending: none during the year
NUVBX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| Bank of America, National Association | $724.5M | 22.55% |
| JPMorgan Securities LLC | $701.1M | 21.83% |
| Morgan Stanley | $369.8M | 11.51% |
| ICE Securities Execution & Clearing, LLC | $327.9M | 10.21% |
| Piper Sandler & Co. | $254.8M | 7.93% |
| RBC Capital Markets, LLC | $204.7M | 6.37% |
| Jefferies LLC | $174.6M | 5.44% |
| Pershing LLC | $170.8M | 5.32% |
| Raymond James & Associates Inc. | $153.8M | 4.79% |
| Barclays Capital Inc. | $130.2M | 4.05% |
Nuveen Intermediate Duration 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 |
|---|---|---|---|
| NUVBX | Class I | 0.43% | none |
| NMBAX | Class A | 0.63% | 3.00% |
| NNCCX | Class C | 1.43% | 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.