Nuveen Maryland Municipal Bond Fund Class A (NMDAX)
| Fund Assets | 264.50M |
| Expense Ratio | 0.83% |
| Min. Investment | $3,000 |
| Turnover | 23.00% |
| Dividend (ttm) | 0.35 |
| Dividend Yield | 3.40% |
| Dividend Growth | 4.98% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Apr 30, 2026 |
| Previous Close | 9.77 |
| YTD Return | -0.03% |
| 1-Year Return | 3.65% |
| 5-Year Return | 3.66% |
| 52-Week Low | 9.27 |
| 52-Week High | 9.97 |
| 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 3.65% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.83%.
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Apr 30, 2026 | $0.029 | May 1, 2026 |
| Mar 31, 2026 | $0.029 | Apr 1, 2026 |
| 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 |