Nuveen Missouri Municipal Bond Fund Class I (FMMRX)

NASDAQ · Mutual Fund · Delayed Price · Currency is USD
10.15
0.00 (0.00%)
Jul 3, 2025, 4:00 PM EDT
-3.15%
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.

Fund Family Nuveen
Category Muni Single State Long
Stock Exchange NASDAQ
Ticker Symbol FMMRX
Share Class - Class I
Index S&P Municipal Bond TR USD

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%.

Other Share Classes

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

Symbol Share Class Expense Ratio
FMOTX - Class A 0.79%
FAFPX Class C 1.59%

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%
View More Holdings

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
Full Dividend History