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Nuveen All-American Municipal Bond A

for period ending May 31, 2019
 
This portfolio is provided by Nuveen.
FLAAX is the ticker for this portfolio. This ticker appears in the scatterplots below and on the Summary Page showing all portfolios. You can invest in this portfolio using the ticker "FLAAX" at FolioInvesting.com or your favorite brokerage. See How to Invest (below) for more details on how buy this portfolio.
 
Use this page to find a high return, lower risk portfolio recipe using the Choose – Invest – RebalanceTM process
 

How to Choose

Risk vs. return for FLAAX:   The scatterplots below show the best portfolios as dots closest to the green smiley the at top left of each scatterplot. The yellow dot shows the total return and risk for this portfolio. The risk is measured by maximum loss over each period. Any dot closer to the top left corner has shown better performance using this metric.

For more metrics (Total Return, Risk and Volatility, Correlation) scroll down on this page. The Summary Page compares all portfolios.
Maximum Drawdown vs. Annual Return
FLAAXPeer group recipesAll other recipesS&P 500 (SPY)U.S. Bonds (BND)Balanced (60% Equity / 40% Bonds)
The location of FLAAX and the identities of all the portfolios on the 3, 5, 7, and 10 year graphs are available to subscribers only. Upgrade your subscription. Only $15 per month. Cancel anytime.
 
Description   Nuveen All-American Municipal Bond A gives investors access to a multi-strategy, income portfolio that uses tax-exempt securities. This portfolio is a mutual fund and implements a particular asset allocation approach that is directed by the fund manager.

Category   Tactical: Managed

Ingredients used   This portfolio invests in tax-exempt securities.

Peer Group   Tactical: Managed. See How to Invest, below. You can see how this portfolio has performed compared to its peers by clicking on any "Rank: Group" link in the Compare sections, below.

Methodology   This portfolio is a mutual fund and its holdings are determined by the fund's manager, Nuveen. The investment seeks to provide a high level of current interest income exempt from regular federal income taxes as is consistent with preservation of capital. Under normal market conditions, the fund invests at least 80% of the sum of its net assets and the amount of any borrowings for investment purposes in municipal bonds that pay interest that is exempt from regular federal personal income tax. It invests at least 80% of its net assets in investment grade municipal bonds rated BBB/Baa or higher. The fund may invest up to 20% of its net assets in below investment grade municipal bonds, commonly referred to as "high yield" or "junk" bonds. You may consult www.nuveen.com for details on how this manager chooses particular assets for inclusion in this fund.

Cost
 

How to Invest

You can invest in this portfolio by buying the ticker symbol "FLAAX" at FolioInvesting.com or your favorite brokerage. The full set of risk and return metrics for this recipe are available to VizMetrics subscribers. Upgrade your subscription for full access. Only $15 per month. Cancel anytime.
 

How to Rebalance

You do not need to adjust the composition of this portfolio. While the underlying assets in this portfolio may change, the portfolio manager handles the details of buying and selling these underlying asset ingredients.

Compare: Risk vs. Return

for period ending May 31, 2019
VizMetricsTM Score This is a 0 to 100 score that measures risk-adjusted return
 1 year3 year5 year7 year10 year
FLAAX10010010099100
Peer Group* average7591929597
60% Equity / 40% Bonds84100100100100
Global Equities (ACWI)581008810096
U.S. Equities (SPY)66100100100100
U.S. Bonds (BND)10010010095100
Ranking: Peer Group*Rank: GroupRank: GroupRank: GroupRank: GroupRank: Group
Ranking: All RecipesRank: AllRank: AllRank: AllRank: AllRank: All
Downside Deviation vs. Annual Return
FLAAXPeer group recipesAll other recipesS&P 500 (SPY)U.S. Bonds (BND)Balanced (60% Equity / 40% Bonds)
The location of FLAAX and the identities of all the portfolios on the 3, 5, 7, and 10 year graphs are available to subscribers only. Upgrade your subscription. Only $15 per month. Cancel anytime.
Standard Deviation vs. Annual Return
FLAAXPeer group recipesAll other recipesS&P 500 (SPY)U.S. Bonds (BND)Balanced (60% Equity / 40% Bonds)
The location of FLAAX and the identities of all the portfolios on the 3, 5, 7, and 10 year graphs are available to subscribers only. Upgrade your subscription. Only $15 per month. Cancel anytime.
M-squared
 1 year3 year5 year7 year10 year
FLAAX24.1%-4.2%3.6%-3.3%1.7%
Peer Group* average-2.7%-3.5%-3.9%-4.0%-2.0%
60% Equity / 40% Bonds2.5%0.7%1.0%0.8%2.2%
Global Equities (ACWI)-4.9%-1.6%-4.3%-3.7%-5.3%
U.S. Equities (SPY)0.0%0.0%0.0%0.0%0.0%
U.S. Bonds (BND)21.7%-6.2%-1.7%-6.5%0.2%
Ranking: Peer Group*Rank: GroupRank: GroupRank: GroupRank: GroupRank: Group
Ranking: All RecipesRank: AllRank: AllRank: AllRank: AllRank: All
Alpha
 1 year3 year5 year7 year10 year
FLAAX4.2%2.5%4.0%3.9%6.1%
Peer Group* average-2.3%-1.0%-1.5%-0.8%-0.1%
60% Equity / 40% Bonds1.5%0.6%0.7%0.7%1.5%
Global Equities (ACWI)-4.5%-1.1%-3.8%-2.9%-5.2%
U.S. Equities (SPY)0.0%0.0%0.0%0.0%0.0%
U.S. Bonds (BND)4.4%1.6%2.1%2.1%3.8%
Ranking: Peer Group*Rank: GroupRank: GroupRank: GroupRank: GroupRank: Group
Ranking: All RecipesRank: AllRank: AllRank: AllRank: AllRank: All
Sharpe
 1 year3 year5 year7 year10 year
FLAAX1.410.531.040.871.18
Peer Group* average-0.040.590.440.810.91
60% Equity / 40% Bonds0.260.940.841.221.22
Global Equities (ACWI)-0.130.760.420.850.68
U.S. Equities (SPY)0.160.890.771.161.06
U.S. Bonds (BND)1.280.360.610.591.07
Ranking: Peer Group*Rank: GroupRank: GroupRank: GroupRank: GroupRank: Group
Ranking: All RecipesRank: AllRank: AllRank: AllRank: AllRank: All

Compare: Total Return

for period ending May 31, 2019
5-year graph FLAAXGlobal equities (ACWI)U.S. equities (SPY)U.S. bonds (BND)60% Equity / 40% Bonds (s.6040)
Total Return (Compound Annual Growth Rate)
 Year-to-dateMay 20191 year3 year5 year7 year10 year
FLAAX5.7%1.6%6.4%3.5%4.5%4.3%6.3%
Peer Group* average6.0%-2.9%0.6%5.3%3.6%6.1%7.6%
60% Equity / 40% Bonds8.6%-3.1%4.6%8.1%6.8%9.0%10.0%
Global Equities (ACWI)9.2%-6.1%-1.0%9.4%5.2%9.7%9.2%
U.S. Equities (SPY)10.6%-6.4%3.6%11.6%9.5%13.4%13.8%
U.S. Bonds (BND)4.8%1.8%6.6%2.5%2.7%2.4%3.7%
Ranking: Peer Group*Rank: GroupRank: GroupRank: GroupRank: GroupRank: GroupRank: GroupRank: Group
Ranking: All RecipesRank: AllRank: AllRank: AllRank: AllRank: AllRank: AllRank: All
Historical Return
 20142015201620172018
FLAAX13.4%3.7%0.2%8.0%0.4%
Peer Group* average5.5%-1.8%6.5%12.0%-5.2%
60% Equity / 40% Bonds9.9%0.7%8.8%13.9%-2.8%
Global Equities (ACWI)2.4%-2.2%8.4%24.3%-9.1%
U.S. Equities (SPY)13.5%1.3%12.0%21.7%-4.6%
U.S. Bonds (BND)5.8%0.6%2.5%3.5%0.1%
Ranking: Peer Group*Rank: GroupRank: GroupRank: GroupRank: GroupRank: Group
Ranking: All RecipesRank: AllRank: AllRank: AllRank: AllRank: All

Compare: Risk & Volatility

for period ending May 31, 2019
Maximum Drawdown
 1 year3 year5 year7 year10 year
FLAAX-1.5%-6.4%-6.4%-9.2%-9.2%
Peer Group* average-7.9%-9.4%-11.4%-11.5%-13.1%
60% Equity / 40% Bonds-8.1%-8.1%-8.1%-8.1%-9.1%
Global Equities (ACWI)-12.7%-14.0%-14.0%-14.0%-21.9%
U.S. Equities (SPY)-13.5%-13.5%-13.5%-13.5%-16.2%
U.S. Bonds (BND)-1.4%-3.7%-3.7%-4.0%-4.0%
Ranking: Peer Group*Rank: GroupRank: GroupRank: GroupRank: GroupRank: Group
Ranking: All RecipesRank: AllRank: AllRank: AllRank: AllRank: All
Standard Deviation
 1 year3 year5 year7 year10 year
FLAAX2.9%4.3%3.6%4.4%5.2%
Peer Group* average9.7%7.5%7.6%7.5%9.1%
60% Equity / 40% Bonds10.9%7.5%7.6%7.3%8.4%
Global Equities (ACWI)15.7%11.7%12.0%11.8%15.1%
U.S. Equities (SPY)17.8%12.8%12.7%12.2%14.3%
U.S. Bonds (BND)3.4%3.3%3.1%3.1%3.1%
Ranking: Peer Group*Rank: GroupRank: GroupRank: GroupRank: GroupRank: Group
Ranking: All RecipesRank: AllRank: AllRank: AllRank: AllRank: All
Downside Deviation
 1 year3 year5 year7 year10 year
FLAAX1.1%3.2%2.5%3.1%3.0%
Peer Group* average7.1%5.0%5.1%4.7%5.4%
60% Equity / 40% Bonds7.8%5.1%4.8%4.3%4.7%
Global Equities (ACWI)12.1%8.2%8.1%7.5%9.5%
U.S. Equities (SPY)13.5%8.9%8.2%7.5%8.5%
U.S. Bonds (BND)1.1%2.0%1.8%1.9%1.7%
Ranking: Peer Group*Rank: GroupRank: GroupRank: GroupRank: GroupRank: Group
Ranking: All RecipesRank: AllRank: AllRank: AllRank: AllRank: All
Beta
 1 year3 year5 year7 year10 year
FLAAX-0.00-0.04-0.03-0.02-0.02
Peer Group* average0.490.490.490.490.54
60% Equity / 40% Bonds0.610.600.600.600.60
Global Equities (ACWI)0.910.900.930.941.05
U.S. Equities (SPY)1.001.001.001.001.00
U.S. Bonds (BND)-0.03-0.04-0.03-0.03-0.04
Ranking: Peer Group*Rank: GroupRank: GroupRank: GroupRank: GroupRank: Group
Ranking: All RecipesRank: AllRank: AllRank: AllRank: AllRank: All

Compare: Correlation

for period ending May 31, 2019
 1 year3 year5 year7 year10 year
to Global Stocks (ACWI)0.050.01-0.040.040.02
to S&P500 (SPY)-0.02-0.10-0.12-0.05-0.05
to U.S. Bonds (BND)0.890.870.830.790.69
to Commodities (DBC)-0.11-0.05-0.15-0.09-0.16
to Gold (GLD)0.160.550.380.300.23