Nuveen Intermediate Duration Municipal Bond Fund (NMBAX)
| Fund Assets | 7.96B |
| Expense Ratio | 0.65% |
| Min. Investment | $3,000 |
| Turnover | 27.00% |
| Dividend (ttm) | 0.27 |
| Dividend Yield | 3.00% |
| Dividend Growth | 6.86% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Sep 30, 2025 |
| Previous Close | 8.76 |
| YTD Return | 1.98% |
| 1-Year Return | 0.38% |
| 5-Year Return | 5.01% |
| 52-Week Low | 8.47 |
| 52-Week High | 8.99 |
| Beta (5Y) | 0.23 |
| Holdings | 1751 |
| Inception Date | Nov 29, 1976 |
About NMBAX
Nuveen Intermediate Duration Municipal Bond Fund Class A is a mutual fund designed to provide a high level of tax-exempt income while seeking to preserve capital. This fund primarily invests in a diversified portfolio of investment-grade, intermediate-term municipal bonds, maintaining a weighted average effective duration typically between 4.5 and 7 years. These bonds are sourced from issuers such as state and local governments, and the fund leverages a large credit analyst team to identify value opportunities within the municipal bond market. At least 80% of the fund’s net assets are allocated to investment-grade securities, with the remainder available for lower-rated holdings, enhancing diversification. The fund stands out for its focus on tax efficiency, as most of its income is exempt from regular federal income tax, which makes it especially relevant for investors seeking tax-advantaged income streams. Nuveen Intermediate Duration Municipal Bond Fund Class A plays a key role for those seeking income stability, broad municipal market exposure, and potential risk mitigation within fixed-income allocations.
Performance
NMBAX had a total return of 0.38% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.59%.
Top 10 Holdings
5.20% of assets| Name | Symbol | Weight |
|---|---|---|
| Net Receivable For Sale Of Vistra Vision Class B Units | n/a | 1.16% |
| PUERTO RICO SALES TAX FING CORP SALES TAX REV 0% | PR.PRCGEN 0 07.01.2031 | 0.63% |
| WASHINGTON ST HSG FIN COMMN 3.5% | WA.WASHSG 3.5 12.20.2035 | 0.48% |
| DISTRICT COLUMBIA TOB SETTLEMENT FING CORP 0% | DC.DISGEN 0 06.15.2046 | 0.44% |
| COMMONWEALTH FING AUTH PA TOB MASTER SETTLEMENT PMT REV 4% | PA.CMNGEN 4 06.01.2039 | 0.43% |
| NEW JERSEY ECONOMIC DEV AUTH WTR FACS REV 2.2% | NJ.NJSWTR 10.01.2039 | 0.43% |
| COLORADO HEALTH FACS AUTH REV 5% | CO.COSMED 08.01.2049 | 0.43% |
| REID HOSP & HEALTH CARE SVCS INC RICHMOND IND HOSP AUTH REV 5% | IN.REIMED 5 01.01.2036 | 0.42% |
| WHITING IND ENVIRONMENTAL FACS REV 5% | IN.WHGFAC 12.01.2044 | 0.40% |
| CHICAGO ILL BRD ED DEDICATED CAP IMPT 6% | IL.CHIEDU 6 04.01.2046 | 0.38% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Sep 30, 2025 | $0.024 | Oct 1, 2025 |
| Aug 29, 2025 | $0.024 | Sep 2, 2025 |
| Jul 31, 2025 | $0.0225 | Aug 1, 2025 |
| Jun 30, 2025 | $0.0225 | Jul 1, 2025 |
| May 30, 2025 | $0.0225 | Jun 2, 2025 |
| Apr 30, 2025 | $0.0225 | May 1, 2025 |