The investment seeks a high level of current interest income exempt from regular federal, Louisiana state and, in some cases, Louisiana local income taxes as is consistent with preservation of capital. The fund invests at least 80% of its net assets in municipal bonds that pay interest that is exempt from regular federal and Louisiana personal income tax. It invests at least 80% of its net assets in investment grade municipal bonds rated BBB/Baa or higher at the time of purchase by at least one independent rating agency, or, if unrated, judged by the fund's sub-adviser to be of comparable quality. The fund is non-diversified.
Fund filings (PDF) »
Steven Hlavin (Started: Jan 1, 2011)
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Nuveen Investment Trust, JOHN NUVEEN & CO INC, CHICAGO MA 60606, USA