Nuveen Oregon Intermediate Municipal Bond Fund (FORCX)
The investment seeks to provide maximum current income that is exempt from both federal income tax and Oregon state income tax to the extent consistent with prudent investment risk. 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 and Oregon personal income tax.
Fund Info
US6706784088
Aug 7, 1997
$100,000
Expense Ratio
FORCX has an expense ratio of 0.61%, placing it in the medium range.
Share Price Chart
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Compare to other instruments
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Performance
Performance Chart
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Returns By Period
Nuveen Oregon Intermediate Municipal Bond Fund (FORCX) returned -0.21% year-to-date (YTD) and 2.53% over the past 12 months. Over the past 10 years, FORCX returned 1.76% annually, underperforming the S&P 500 benchmark at 10.85%.
FORCX
-0.21%
0.68%
-0.62%
2.53%
1.87%
0.36%
1.76%
^GSPC (Benchmark)
0.51%
6.15%
-2.00%
12.92%
12.68%
14.19%
10.85%
Monthly Returns
The table below presents the monthly returns of FORCX, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | 0.46% | 0.87% | -1.27% | -0.46% | 0.21% | -0.21% | |||||||
| 2024 | -0.07% | 0.13% | -0.30% | -0.56% | -0.38% | 1.07% | 0.75% | 0.77% | 0.76% | -1.16% | 1.08% | -0.77% | 1.29% |
| 2023 | 2.37% | -1.82% | 1.65% | -0.20% | -1.01% | 0.74% | 0.22% | -0.81% | -2.17% | -0.95% | 4.88% | 2.09% | 4.85% |
| 2022 | -2.38% | -0.42% | -2.75% | -2.24% | 0.88% | -1.26% | 2.25% | -1.84% | -2.90% | -0.45% | 3.63% | 0.49% | -7.00% |
| 2021 | 0.25% | -1.69% | 0.54% | 0.72% | 0.19% | 0.39% | 0.62% | -0.22% | -0.78% | -0.28% | 0.77% | 0.05% | 0.52% |
| 2020 | 1.61% | 1.12% | -2.89% | -0.97% | 3.19% | 0.56% | 1.30% | -0.38% | -0.10% | -0.29% | 1.21% | 0.44% | 4.77% |
| 2019 | 0.88% | 0.48% | 1.17% | 0.18% | 1.25% | 0.38% | 0.76% | 1.42% | -0.67% | -0.01% | 0.09% | 0.28% | 6.36% |
| 2018 | -1.06% | -0.29% | 0.21% | -0.39% | 0.99% | 0.09% | 0.19% | 0.09% | -0.51% | -0.61% | 1.10% | 1.09% | 0.88% |
| 2017 | 0.31% | 0.50% | 0.31% | 0.80% | 1.38% | -0.28% | 0.50% | 0.69% | -0.57% | 0.11% | -0.57% | 0.89% | 4.12% |
| 2016 | 1.11% | 0.04% | 0.42% | 0.61% | 0.02% | 1.64% | -0.26% | 0.10% | -0.37% | -0.94% | -3.74% | 1.21% | -0.26% |
| 2015 | 1.60% | -1.00% | 0.24% | -0.34% | -0.24% | -0.14% | 0.73% | 0.15% | 0.73% | 0.24% | 0.34% | 0.53% | 2.85% |
| 2014 | 1.45% | 0.84% | -0.23% | 1.04% | 0.93% | 0.06% | 0.15% | 1.03% | 0.06% | 0.64% | -0.04% | 0.40% | 6.49% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of FORCX is 46, indicating average performance compared to other mutual funds on our website. Here’s a breakdown of how it compares using common performance measures.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Nuveen Oregon Intermediate Municipal Bond Fund (FORCX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
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Dividends
Dividend History
Nuveen Oregon Intermediate Municipal Bond Fund provided a 3.25% dividend yield over the last twelve months, with an annual payout of $0.31 per share. The fund has been increasing its distributions for 3 consecutive years.
| Period | TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.31 | $0.28 | $0.25 | $0.22 | $0.19 | $0.23 | $0.23 | $0.23 | $0.25 | $0.27 | $0.30 | $0.32 |
Dividend yield | 3.25% | 2.88% | 2.53% | 2.26% | 1.81% | 2.09% | 2.17% | 2.31% | 2.46% | 2.65% | 2.90% | 3.04% |
Monthly Dividends
The table displays the monthly dividend distributions for Nuveen Oregon Intermediate Municipal Bond Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.12 | |||||||
| 2024 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.28 |
| 2023 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.25 |
| 2022 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.04 | $0.22 |
| 2021 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.19 |
| 2020 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.23 |
| 2019 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.23 |
| 2018 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.23 |
| 2017 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.25 |
| 2016 | $0.03 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.27 |
| 2015 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.30 |
| 2014 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.32 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
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Worst Drawdowns
The table below displays the maximum drawdowns of the Nuveen Oregon Intermediate Municipal Bond Fund. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the Nuveen Oregon Intermediate Municipal Bond Fund was 11.46%, occurring on Oct 25, 2022. The portfolio has not yet recovered.
The current Nuveen Oregon Intermediate Municipal Bond Fund drawdown is 1.99%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -11.46% | Aug 5, 2021 | 310 | Oct 25, 2022 | — | — | — |
| -10.7% | Mar 10, 2020 | 9 | Mar 20, 2020 | 86 | Jul 23, 2020 | 95 |
| -7.13% | Sep 12, 2008 | 25 | Oct 16, 2008 | 59 | Jan 12, 2009 | 84 |
| -5.91% | May 3, 2013 | 87 | Sep 5, 2013 | 173 | May 14, 2014 | 260 |
| -5.69% | Jul 7, 2016 | 104 | Dec 1, 2016 | 192 | Sep 7, 2017 | 296 |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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