Nuveen NM Municipal Bond I (FNMRX)

NASDAQ · Mutual Fund · Delayed Price · Currency is USD

9.15

+0.10 (1.10%)

At close: Oct 15, 2026

Fund Assets	58.60M
Expense Ratio	0.63%
Min. Investment	$100,000
Turnover	16.00%
Dividend (ttm)	0.32
Dividend Yield	3.54%
Dividend Growth	1.89%
Payout Frequency	Monthly
Ex-Dividend Date	Oct 30, 2026

Previous Close	9.05
YTD Return	-3.62%
1-Year Return	-2.42%
5-Year Return	-0.21%
52-Week Low	8.89
52-Week High	9.84
Beta (5Y)	0.27
Holdings	82
Inception Date	Feb 24, 1997

About FNMRX

Nuveen New Mexico Municipal Bond Fund Class I is a mutual fund specializing in investment-grade municipal bonds primarily from issuers within New Mexico. Its primary objective is to deliver a high level of current interest income that is generally exempt from regular federal and New Mexico state income taxes, and in some cases, local taxes as well. By focusing on municipal bonds, the fund channels capital into public infrastructure and community projects like education, healthcare, utilities, and public finance improvements within the state. The fund typically maintains a diversified portfolio, with notable allocations to issuers such as local government authorities, educational institutions, and specialized public service facilities. It is particularly tailored to meet the income and tax-exempt needs of investors seeking exposure to New Mexico’s municipal credit markets, offering effective duration and risk management strategies in the context of the single-state municipal bonds sector. This fund plays a significant role in supporting local development while offering investors a vehicle for tax-advantaged income generation and capital preservation.

Fund Family Nuveen

Category Other States Muni

Performance Rating Above Average

Risk Rating Low

Stock Exchange Nasdaq

Ticker Symbol FNMRX

Share Class - Class I

Index S&P Municipal Bond TR USD

Performance

FNMRX had a total return of -2.42% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.34%.

Other Share Classes

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

Symbol	Share Class	Expense Ratio
FNMTX	- Class A	0.83%
FNCCX	Class C	1.63%

Dividend History

Ex-Dividend	Amount	Pay Date
Oct 30, 2026	$0.027	Nov 2, 2026
Sep 30, 2026	$0.027	Oct 1, 2026
Aug 31, 2026	$0.027	Sep 1, 2026
Jul 31, 2026	$0.027	Aug 3, 2026
Jun 30, 2026	$0.027	Jul 1, 2026
May 29, 2026	$0.027	Jun 1, 2026

Full Dividend History