General Info
About: To provide current income exempt from regular federal and Michigan income tax as well as Michigan intangible tax, and to enhance portfolio value relative to the municipal bond market by investing in tax-exempt municipal bonds that the Funds investment adviser believes are underrated or undervalued or that represent municipal market sectors that are undervalued. It will invest at least 80% of its assets in investment grade quality municipal bonds (BBB/Baa or better at the time of purchase by Moody, Fitch or Standard & Poor). It may invest up to 20% of its net assets in municipal bonds that are unrated but judged to be of comparable quality by the investment adviser.
Tags: Asset Management Financial Services
Website: http://www.nuveen.com