FLNCX vs. FASEX
Compare and contrast key facts about Nuveen North Carolina Municipal Bond Fund (FLNCX) and Nuveen Mid Cap Value Fund (FASEX).
FLNCX is managed by Nuveen. It was launched on Mar 26, 1986. FASEX is managed by Nuveen. It was launched on Dec 22, 1987.
Performance
FLNCX vs. FASEX - Performance Comparison
Loading graphics...
FLNCX vs. FASEX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
FLNCX Nuveen North Carolina Municipal Bond Fund | -0.51% | 3.49% | 1.05% | 5.32% | -10.49% | 1.09% | 4.82% | 7.21% | -0.18% | 4.93% |
FASEX Nuveen Mid Cap Value Fund | 5.31% | 9.68% | 10.40% | 14.20% | -10.63% | 34.84% | 1.19% | 26.68% | -13.00% | 19.23% |
Returns By Period
In the year-to-date period, FLNCX achieves a -0.51% return, which is significantly lower than FASEX's 5.31% return. Over the past 10 years, FLNCX has underperformed FASEX with an annualized return of 1.39%, while FASEX has yielded a comparatively higher 10.18% annualized return.
FLNCX
- 1D
- 0.57%
- 1M
- -2.39%
- YTD
- -0.51%
- 6M
- 1.28%
- 1Y
- 3.47%
- 3Y*
- 2.21%
- 5Y*
- -0.05%
- 10Y*
- 1.39%
FASEX
- 1D
- 2.60%
- 1M
- -4.13%
- YTD
- 5.31%
- 6M
- 6.24%
- 1Y
- 19.76%
- 3Y*
- 12.75%
- 5Y*
- 8.19%
- 10Y*
- 10.18%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
FLNCX vs. FASEX - Expense Ratio Comparison
FLNCX has a 0.76% expense ratio, which is lower than FASEX's 1.16% expense ratio.
Return for Risk
FLNCX vs. FASEX — Risk / Return Rank
FLNCX
FASEX
FLNCX vs. FASEX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Nuveen North Carolina Municipal Bond Fund (FLNCX) and Nuveen Mid Cap Value Fund (FASEX). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
| FLNCX | FASEX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.73 | 1.08 | -0.35 |
Sortino ratioReturn per unit of downside risk | 0.98 | 1.58 | -0.60 |
Omega ratioGain probability vs. loss probability | 1.20 | 1.22 | -0.02 |
Calmar ratioReturn relative to maximum drawdown | 0.90 | 1.37 | -0.46 |
Martin ratioReturn relative to average drawdown | 2.73 | 6.16 | -3.44 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| FLNCX | FASEX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.73 | 1.08 | -0.35 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.01 | 0.46 | -0.47 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.32 | 0.51 | -0.18 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.96 | 0.51 | +0.45 |
Correlation
The correlation between FLNCX and FASEX is -0.03. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.
Dividends
FLNCX vs. FASEX - Dividend Comparison
FLNCX's dividend yield for the trailing twelve months is around 3.09%, less than FASEX's 13.93% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FLNCX Nuveen North Carolina Municipal Bond Fund | 3.09% | 2.98% | 2.74% | 2.42% | 2.46% | 1.71% | 2.10% | 2.42% | 2.79% | 2.85% | 3.04% | 3.11% |
FASEX Nuveen Mid Cap Value Fund | 13.93% | 14.67% | 5.29% | 3.12% | 6.32% | 4.02% | 1.06% | 0.89% | 4.48% | 7.93% | 3.67% | 3.49% |
Drawdowns
FLNCX vs. FASEX - Drawdown Comparison
The maximum FLNCX drawdown since its inception was -20.96%, smaller than the maximum FASEX drawdown of -55.57%. Use the drawdown chart below to compare losses from any high point for FLNCX and FASEX.
Loading graphics...
Drawdown Indicators
| FLNCX | FASEX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -20.96% | -55.57% | +34.61% |
Max Drawdown (1Y)Largest decline over 1 year | -5.41% | -13.62% | +8.21% |
Max Drawdown (5Y)Largest decline over 5 years | -16.20% | -22.26% | +6.06% |
Max Drawdown (10Y)Largest decline over 10 years | -16.20% | -44.56% | +28.36% |
Current DrawdownCurrent decline from peak | -2.91% | -4.40% | +1.49% |
Average DrawdownAverage peak-to-trough decline | -2.61% | -8.97% | +6.36% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.79% | 3.02% | -1.23% |
Volatility
FLNCX vs. FASEX - Volatility Comparison
The current volatility for Nuveen North Carolina Municipal Bond Fund (FLNCX) is 1.39%, while Nuveen Mid Cap Value Fund (FASEX) has a volatility of 5.98%. This indicates that FLNCX experiences smaller price fluctuations and is considered to be less risky than FASEX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| FLNCX | FASEX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.39% | 5.98% | -4.59% |
Volatility (6M)Calculated over the trailing 6-month period | 1.95% | 10.16% | -8.21% |
Volatility (1Y)Calculated over the trailing 1-year period | 5.44% | 18.85% | -13.41% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 4.27% | 18.08% | -13.81% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 4.33% | 20.18% | -15.85% |