Nuveen Massachusetts Municipal Bond Fund Class I (NBMAX)
NASDAQ · Mutual Fund
· Delayed Price · Currency is USD
9.01
0.00 (0.00%)
May 9, 2025, 4:00 PM EDT
-3.01% (1Y)
| Fund Assets | 407.70M |
| Expense Ratio | 0.59% |
| Min. Investment | $100,000 |
| Turnover | n/a |
| Dividend (ttm) | 0.31 |
| Dividend Yield | 3.49% |
| Dividend Growth | 8.97% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | May 30, 2025 |
| Previous Close | 9.01 |
| YTD Return | -1.57% |
| 1-Year Return | 0.33% |
| 5-Year Return | 2.59% |
| 52-Week Low | n/a |
| 52-Week High | n/a |
| Beta (5Y) | 0.27 |
| Holdings | 159 |
| Inception Date | Dec 22, 1986 |
About NBMAX
The Nuveen Massachusetts Municipal Bond Fund Class I (NBMAX) seeks to provide high double tax free income and preservation of capital through investments in diversified portfolios of quality municipal bonds whose income is exempt from regular federal and state income taxes.
Fund Family Nuveen Cl R
Category Muni Massachusetts
Performance Rating Above Average
Risk Rating Above Average
Stock Exchange NASDAQ
Ticker Symbol NBMAX
Share Class - Class I
Index S&P Municipal Bond TR USD
Performance
NBMAX had a total return of 0.33% in the past year, including dividends. Since the fund's inception, the average annual return has been 4.02%.
Top 10 Holdings
23.08% of assets| Name | Symbol | Weight |
|---|---|---|
| MASSACHUSETTS ST 5% | MA MAS 5 11.01.2052 | 3.39% |
| MASSACHUSETTS ST 5% | MA MAS 5 01.01.2049 | 2.48% |
| MASSACHUSETTS ST DEV FIN AGY REV 5% | MA MASDEV 5 07.01.2047 | 2.48% |
| UNIVERSITY MASS BLDG AUTH PROJ REV 5% | MA UMAFAC 5 11.01.2052 | 2.36% |
| MASSACHUSETTS ST DEV FIN AGY REV 5.25% | MA MASDEV 5.25 03.01.2054 | 2.31% |
| MASSACHUSETTS ST TRANSN FD REV 5% | MA MASTRN 5 06.01.2050 | 2.25% |
| MASSACHUSETTS ST 5% | MA MAS 5 01.01.2054 | 2.14% |
| MASSACHUSETTS ST DEV FIN AGY REV 5.25% | MA MASDEV 5.25 07.01.2052 | 2.12% |
| MASSACHUSETTS ST TRANSN FD REV 5% | MA MASTRN 5 06.01.2047 | 1.81% |
| MASSACHUSETTS BAY TRANSN AUTH MASS SALES TAX REV 5.25% | MA MASTRN 5.25 07.01.2048 | 1.74% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| May 30, 2025 | $0.0275 | 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 |
| Dec 31, 2024 | $0.0265 | Dec 31, 2024 |