Nuveen Missouri Municipal Bond Fund Class I (FMMRX)
Fund Assets | 487.62M |
Expense Ratio | 0.59% |
Min. Investment | $100,000 |
Turnover | 20.00% |
Dividend (ttm) | 0.38 |
Dividend Yield | 3.72% |
Dividend Growth | 2.02% |
Payout Frequency | Monthly |
Ex-Dividend Date | Jul 31, 2025 |
Previous Close | 10.15 |
YTD Return | -1.26% |
1-Year Return | 0.45% |
5-Year Return | 3.48% |
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 0.45% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.87%.
Top 10 Holdings
18.37% of assetsName | 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 |