Nuveen MA Municipal Bond I (NBMAX)

Fund Assets	390.55M
Expense Ratio	0.588%
Min. Investment	$100,000
Turnover	21.00%
Dividend (ttm)	0.33
Dividend Yield	3.78%
Dividend Growth	1.85%
Payout Frequency	Monthly
Ex-Dividend Date	Oct 30, 2026

Previous Close	8.64
YTD Return	-2.36%
1-Year Return	-1.27%
5-Year Return	-3.32%
52-Week Low	8.51
52-Week High	9.26
Beta (5Y)	0.28
Holdings	159
Inception Date	Dec 22, 1986

About NBMAX

Nuveen Massachusetts Municipal Bond Fund is an open-end mutual fund designed to provide current income that is exempt from regular federal and Massachusetts state income taxes. The fund primarily invests in a diversified portfolio of investment-grade municipal bonds, with a focus on securities issued by entities within Massachusetts or benefiting the state. With a mandate for high credit quality, the fund may allocate up to 20% of its assets to below investment-grade, or high-yield, municipal bonds, balancing income opportunities with risk management. Suitable for investors seeking tax-advantaged income, the fund emphasizes capital preservation while distributing monthly income to shareholders. The fund holds a broad mix of over 150 municipal securities, supporting essential sectors such as local government, education, and public infrastructure. Its structure plays a key role in the municipal bond market by channeling investor capital into public projects, while helping shareholders manage tax liabilities through federally and often state tax-exempt interest income.

• Fund Family: Nuveen
• 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 -1.27% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.91%.

Other Share Classes

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

Symbol	Share Class	Expense Ratio
NMAAX	- Class A	0.81%
NAAGX	Class C	1.61%

Dividend History

Ex-Dividend	Amount	Pay Date
Oct 30, 2026	$0.0275	Nov 2, 2026
Sep 30, 2026	$0.0275	Oct 1, 2026
Aug 31, 2026	$0.0275	Sep 1, 2026
Jul 31, 2026	$0.0275	Aug 3, 2026
Jun 30, 2026	$0.0275	Jul 1, 2026
May 29, 2026	$0.0275	Jun 1, 2026

Data Sources: Tiingo, Twelve Data, and more

Historical data is provided by Tiingo. Delayed stock pricing data is provided by Twelve Data. Several fund data points are also provided by Finnhub.

Last checked:

Oct 16, 2026

Data Sources Report a data error