Nuveen Maryland Municipal Bond Fund Class A (NMDAX)
| Fund Assets | 259.22M |
| Expense Ratio | 0.83% |
| Min. Investment | $3,000 |
| Turnover | 23.00% |
| Dividend (ttm) | 0.35 |
| Dividend Yield | 3.33% |
| Dividend Growth | 5.33% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Feb 27, 2026 |
| Previous Close | 9.91 |
| YTD Return | -3.13% |
| 1-Year Return | 0.24% |
| 5-Year Return | -2.14% |
| 52-Week Low | 9.41 |
| 52-Week High | 10.35 |
| Beta (5Y) | n/a |
| Holdings | 194 |
| Inception Date | Sep 6, 1994 |
About NMDAX
Nuveen Maryland Municipal Bond Fund Class A is a mutual fund focused on investing primarily in investment-grade municipal bonds, with an emphasis on securities issued in the state of Maryland. The fund’s primary purpose is to generate a high level of current interest income that is exempt from regular federal, Maryland state, and in some cases, local income taxes. It typically holds a mix of general obligation and revenue bonds, providing diversified exposure to government and municipal sectors that fund public projects and infrastructure. By concentrating on investment-grade debt, the fund aims to balance income generation with the preservation of capital. The Nuveen Maryland Municipal Bond Fund Class A plays a significant role for investors seeking tax-advantaged income, particularly those residing in Maryland or with tax liabilities in the state, and it serves as a specialized fixed-income option within the broader municipal bond market.
Performance
NMDAX had a total return of 0.24% in the past year, including dividends. Since the fund's inception, the average annual return has been 7.40%.
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Feb 27, 2026 | $0.029 | Mar 2, 2026 |
| Jan 30, 2026 | $0.029 | Feb 2, 2026 |
| Dec 31, 2025 | $0.029 | Dec 31, 2025 |
| Nov 28, 2025 | $0.029 | Dec 1, 2025 |
| Oct 31, 2025 | $0.029 | Nov 3, 2025 |
| Sep 30, 2025 | $0.029 | Oct 1, 2025 |