Nuveen Missouri Municipal Bond Fund Class I (FMMRX)
| Fund Assets | 492.91M |
| Expense Ratio | 0.59% |
| Min. Investment | $100,000 |
| Turnover | 20.00% |
| Dividend (ttm) | 0.38 |
| Dividend Yield | 3.77% |
| Dividend Growth | 2.02% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jul 31, 2025 |
| Previous Close | 10.02 |
| YTD Return | -2.53% |
| 1-Year Return | -1.50% |
| 5-Year Return | 1.18% |
| 52-Week Low | 9.91 |
| 52-Week High | 10.68 |
| Beta (5Y) | n/a |
| Holdings | 244 |
| Inception Date | Feb 18, 1997 |
About FMMRX
Nuveen Missouri Municipal Bond Fund Class I is a mutual fund focused on generating current interest income that is exempt from regular federal and Missouri state income taxes. The fund primarily invests in investment-grade municipal bonds issued within Missouri, targeting both capital preservation and income stability for its investors. It maintains a diversified portfolio with holdings spread across various municipal entities such as infrastructure, healthcare, and educational facilities, with a significant concentration in bonds like Kansas City Industrial Development Authority and the Missouri State Health & Educational Facilities Authority. The fund distributes dividends on a monthly basis and is structured for institutional investors, featuring a minimum initial investment and an expense ratio positioned competitively within its peer group. Nuveen Missouri Municipal Bond Fund Class I plays a vital role in supporting public projects within Missouri while providing tax-advantaged income to its shareholders, making it a key instrument for investors seeking state-specific municipal bond exposure.
Performance
FMMRX had a total return of -1.50% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.82%.
Top 10 Holdings
18.37% of assets| Name | Symbol | Weight |
|---|---|---|
| KANSAS CITY MO INDL DEV AUTH ARPT SPL OBLIG 5% | MO.KANDEV 5 03.01.2054 | 2.86% |
| METROPOLITAN ST LOUIS MO SWR DIST WASTEWTR SYS REV 5% | MO.METUTL 5 05.01.2047 | 2.07% |
| MISSOURI ST DEV FIN BRD SOLID WASTE DISP REV 5.2% | MO.MOSDEV 5.2 03.15.2029 | 1.91% |
| MISSOURI ST HEALTH & EDL FACS AUTH EDL FACS REV 5% | MO.MOSMED 5 10.01.2046 | 1.90% |
| MISSOURI ST HEALTH & EDL FACS AUTH HEALTH FACS REV 4% | MO.MOSMED 4 04.01.2045 | 1.78% |
| MISSOURI ST HEALTH & EDL FACS AUTH EDL FACS REV 0.02% | MO.MOSMED 03.01.2040 | 1.76% |
| MISSOURI ST HEALTH & EDL FACS AUTH HEALTH FACS REV 5% | MO.MOSMED 5 11.15.2035 | 1.71% |
| MISSOURI ST HEALTH & EDL FACS AUTH HEALTH FACS REV 4% | MO.MOSMED 4 02.15.2054 | 1.56% |
| KANSAS CITY MO WTR REV 5% | MO.KANWTR 5 12.01.2048 | 1.42% |
| KANSAS CITY MO INDL DEV AUTH ARPT SPL OBLIG 5% | MO.KANDEV 5 03.01.2044 | 1.41% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jul 31, 2025 | $0.0315 | Aug 1, 2025 |
| Jun 30, 2025 | $0.0315 | Jul 1, 2025 |
| May 30, 2025 | $0.0315 | Jun 2, 2025 |
| Apr 30, 2025 | $0.0315 | May 1, 2025 |
| Mar 31, 2025 | $0.0315 | Apr 1, 2025 |
| Feb 28, 2025 | $0.0315 | Mar 3, 2025 |