Nuveen New Mexico Municipal Bond Fund Class I (FNMRX)
| Fund Assets | 73.01M |
| Expense Ratio | 0.70% |
| Min. Investment | $100,000 |
| Turnover | n/a |
| Dividend (ttm) | 0.32 |
| Dividend Yield | 3.41% |
| Dividend Growth | 2.58% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jun 30, 2025 |
| Previous Close | 9.33 |
| YTD Return | -1.86% |
| 1-Year Return | 1.28% |
| 5-Year Return | 2.68% |
| 52-Week Low | 9.13 |
| 52-Week High | 9.86 |
| Beta (5Y) | 0.24 |
| Holdings | 78 |
| Inception Date | Feb 24, 1997 |
About FNMRX
FNMRX was founded on 1997-02-24. The Fund's investment strategy focuses on Other States Muni with 0.66% total expense ratio. The minimum amount to invest in Nuveen Multistate Trust I: Nuveen New Mexico Municipal Bond Fund; Class I Shares is $100,000 on a standard taxable account. Nuveen Multistate Trust I: Nuveen New Mexico Municipal Bond Fund; Class I Shares seeks high a level of current interest income exempt from regular federal, New Mexico State and, in some cases, New Mexico local income taxes. FNMRX invests at least 80% of its net assets in municipal bonds that pay interest that is exempt from regular federal and New Mexico personal income tax.
Performance
FNMRX had a total return of 1.28% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.45%.
Top 10 Holdings
25.81% of assets| Name | Symbol | Weight |
|---|---|---|
| CENTRAL NEW MEXICO CMNTY COLLEGE 4% | NM.CENHGR 4 08.15.2037 | 3.60% |
| LOS RANCHOS DE ALBUQUERQUE NEW MEXICO EDL FACS REV 4% | NM.LSREDU 4 09.01.2040 | 3.17% |
| ALBUQUERQUE N MEX REFUSE REMOVAL & DISP REV 4% | NM.ALBUTL 4 07.01.2043 | 2.79% |
| UNIVERSITY N MEX UNIV REVS 5.5% | NM.UNMHGR 5.5 06.01.2053 | 2.75% |
| VIRGIN ISLANDS PUB FIN AUTH REV 5% | VI.VITGEN 5 10.01.2032 | 2.67% |
| NEW MEXICO ST HOSP EQUIP LN COUNCIL HOSP REV 5% | NM.NMSMED 5 08.01.2044 | 2.35% |
| SANTA FE N MEX WTR UTIL SYS REV 4% | NM.SFEWTR 4 06.01.2039 | 2.21% |
| NEW MEXICO ST HOSP EQUIP LN COUNCIL HOSP REV 4% | NM.NMSMED 4 06.01.2034 | 2.17% |
| NEW MEXICO FIN AUTH REV 5% | NM.NMSGEN 5 06.01.2041 | 2.10% |
| SANTA FE NEW MEXICO RETIREMENT FAC REV 5% | NM.STEFAC 5 05.15.2042 | 1.99% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jun 30, 2025 | $0.0265 | Jul 1, 2025 |
| May 30, 2025 | $0.0265 | Jun 2, 2025 |
| Apr 30, 2025 | $0.0265 | May 1, 2025 |
| Mar 31, 2025 | $0.0265 | Apr 1, 2025 |
| Feb 28, 2025 | $0.0265 | Mar 3, 2025 |
| Jan 31, 2025 | $0.0265 | Feb 3, 2025 |