Nuveen Michigan Municipal Bond Fund Class A (FMITX)

NASDAQ · Mutual Fund · Delayed Price · Currency is USD

10.32

-0.01 (-0.10%)

At close: Aug 26, 2026

1.88% (1Y)

Fund Assets	212.50M
Expense Ratio	0.84%
Min. Investment	$3,000
Turnover	19.00%
Dividend (ttm)	0.35
Dividend Yield	3.37%
Dividend Growth	7.91%
Payout Frequency	Monthly
Ex-Dividend Date	Aug 31, 2026

Previous Close	10.33
YTD Return	-0.26%
1-Year Return	5.12%
5-Year Return	-2.26%
52-Week Low	10.12
52-Week High	10.65
Beta (5Y)	0.03
Holdings	127
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 Muni Single State Long

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 5.12% in the past year, including dividends. Since the fund's inception, the average annual return has been 4.14%.

Other Share Classes

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

Symbol	Share Class	Expense Ratio
NMMIX	- Class I	0.64%
FAFNX	Class C	1.64%

Dividend History

Ex-Dividend	Amount	Pay Date
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
Apr 30, 2026	$0.029	May 1, 2026
Mar 31, 2026	$0.029	Apr 1, 2026

Full Dividend History