Nuveen Michigan Municipal Bond Fund Class A (FMITX)

NASDAQ · Mutual Fund · Delayed Price · Currency is USD

9.94

+0.09 (0.91%)

At close: Oct 15, 2026

Fund Assets	196.98M
Expense Ratio	0.787%
Min. Investment	$3,000
Turnover	19.00%
Dividend (ttm)	0.35
Dividend Yield	3.50%
Dividend Growth	5.94%
Payout Frequency	Monthly
Ex-Dividend Date	Oct 30, 2026

Previous Close	9.85
YTD Return	-3.48%
1-Year Return	-2.30%
5-Year Return	-4.51%
52-Week Low	9.69
52-Week High	10.65
Beta (5Y)	0.03
Holdings	128
Inception Date	Jun 27, 1985

About FMITX

Nuveen Michigan Municipal Bond Fund Class A is an actively managed mutual fund focused on municipal bonds primarily issued within Michigan. Its principal objective is to provide investors with a high level of current interest income that is exempt from regular federal and Michigan state income taxes. The fund invests at least 80% of its assets in investment-grade municipal securities, including revenue and general obligation bonds tied to various local government and public service projects, such as utilities, transportation, and education. With a portfolio diversified across more than a hundred holdings, the fund targets consistent tax-advantaged income while aiming to preserve capital. Nuveen Michigan Municipal Bond Fund Class A serves individual investors seeking tax-efficient fixed income exposure, particularly those residing in Michigan, and plays a vital role in supporting state and municipal infrastructure financing while offering a pathway toward stable, tax-exempt returns within the broader municipal bond market.

Fund Family Nuveen

Category Other States Muni

Performance Rating Average

Risk Rating Below Average

Stock Exchange Nasdaq

Ticker Symbol FMITX

Share Class - Class A

Index S&P Municipal Bond TR USD

Performance

FMITX had a total return of -2.30% in the past year, including dividends. Since the fund's inception, the average annual return has been 4.05%.

Other Share Classes

These are alternative share classes of the same fund, from the same provider.

Symbol	Share Class	Expense Ratio
NMMIX	- Class I	0.62%
FAFNX	Class C	1.62%

Dividend History

Ex-Dividend	Amount	Pay Date
Oct 30, 2026	$0.029	Nov 2, 2026
Sep 30, 2026	$0.029	Oct 1, 2026
Aug 31, 2026	$0.029	Sep 1, 2026
Jul 31, 2026	$0.029	Aug 3, 2026
Jun 30, 2026	$0.029	Jul 1, 2026
May 29, 2026	$0.029	Jun 1, 2026

Full Dividend History