Nuveen Massachusetts Municipal Bond Fund Class C (NAAGX)
| Fund Assets | 426.20M |
| Expense Ratio | 1.59% |
| Min. Investment | $3,000 |
| Turnover | 14.00% |
| Dividend (ttm) | 0.23 |
| Dividend Yield | 2.53% |
| Dividend Growth | 8.16% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Feb 27, 2026 |
| Previous Close | 9.13 |
| YTD Return | 0.77% |
| 1-Year Return | 2.95% |
| 5-Year Return | -5.31% |
| 52-Week Low | 8.52 |
| 52-Week High | 9.14 |
| Beta (5Y) | n/a |
| Holdings | 149 |
| Inception Date | Feb 10, 2014 |
About NAAGX
Nuveen Massachusetts Municipal Bond Fund Class C is an open-end mutual fund focused on generating federally and state tax-exempt income for investors, primarily through investments in investment-grade municipal bonds issued within Massachusetts. The fund aims to preserve capital while providing a high level of income that is generally exempt from regular federal, Massachusetts state, and, in certain cases, local taxes. It diversifies its portfolio across a range of quality municipal securities, supporting vital public projects such as infrastructure, education, and healthcare within the state. With monthly dividend payouts and a portfolio of over 150 holdings, the fund plays a specialized role in the market for investors seeking tax-advantaged income and exposure to Massachusetts municipal credit. Its structural design addresses the needs of individuals in higher tax brackets who desire state-specific tax benefits through carefully managed, tax-exempt fixed income investments.
Performance
NAAGX had a total return of 2.95% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.61%.
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Feb 27, 2026 | $0.0195 | Mar 2, 2026 |
| Jan 30, 2026 | $0.0195 | Feb 2, 2026 |
| Dec 31, 2025 | $0.0195 | Dec 31, 2025 |
| Nov 28, 2025 | $0.0195 | Dec 1, 2025 |
| Oct 31, 2025 | $0.0195 | Nov 3, 2025 |
| Sep 30, 2025 | $0.0195 | Oct 1, 2025 |