Nuveen MO Municipal Bond I (FMMRX)
| Fund Assets | 495.49M |
| Expense Ratio | 0.59% |
| Min. Investment | $100,000 |
| Turnover | 14.00% |
| Dividend (ttm) | 0.38 |
| Dividend Yield | 3.66% |
| Dividend Growth | 0.79% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Oct 31, 2025 |
| Previous Close | 10.36 |
| YTD Return | 1.94% |
| 1-Year Return | 1.70% |
| 5-Year Return | 6.06% |
| 52-Week Low | 9.91 |
| 52-Week High | 10.66 |
| Beta (5Y) | n/a |
| Holdings | 246 |
| 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 1.70% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.95%.
Top 10 Holdings
17.81% of assets| Name | Symbol | Weight |
|---|---|---|
| KANSAS CITY MO INDL DEV AUTH ARPT SPL OBLIG 5% | MO.KANDEV 5 03.01.2054 | 2.81% |
| METROPOLITAN ST LOUIS MO SWR DIST WASTEWTR SYS REV 5% | MO.METUTL 5 05.01.2047 | 2.05% |
| MISSOURI ST DEV FIN BRD SOLID WASTE DISP REV 5.2% | MO.MOSDEV 5.2 03.15.2029 | 1.93% |
| MISSOURI ST HEALTH & EDL FACS AUTH EDL FACS REV 5% | MO.MOSMED 5 10.01.2046 | 1.88% |
| MISSOURI ST HEALTH & EDL FACS AUTH HEALTH FACS REV 4% | MO.MOSMED 4 04.01.2045 | 1.77% |
| 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 | 1.46% |
| KANSAS CITY MO WTR REV 5% | MO.KANWTR 5 12.01.2048 | 1.41% |
| KANSAS CITY MO INDL DEV AUTH ARPT SPL OBLIG 5% | MO.KANDEV 5 03.01.2044 | 1.41% |
| MISSOURI ST HEALTH & EDL FACS AUTH HEALTH FACS REV 4% | MO.MOSMED 4 07.01.2046 | 1.39% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Oct 31, 2025 | $0.0325 | Nov 3, 2025 |
| Sep 30, 2025 | $0.0325 | Oct 1, 2025 |
| Aug 29, 2025 | $0.0325 | Sep 2, 2025 |
| Jul 31, 2025 | $0.0315 | Aug 1, 2025 |
| Jun 30, 2025 | $0.0315 | Jul 1, 2025 |
| May 30, 2025 | $0.0315 | Jun 2, 2025 |