Nuveen MI Municipal Bond I (NMMIX)

NASDAQ · Mutual Fund · Delayed Price · Currency is USD

9.92

+0.09 (0.92%)

At close: Oct 15, 2026

Fund Assets	196.98M
Expense Ratio	0.602%
Min. Investment	$100,000
Turnover	19.00%
Dividend (ttm)	0.37
Dividend Yield	3.69%
Dividend Growth	4.27%
Payout Frequency	Monthly
Ex-Dividend Date	Oct 30, 2026

Previous Close	9.83
YTD Return	-4.25%
1-Year Return	-2.95%
5-Year Return	-4.29%
52-Week Low	9.67
52-Week High	10.63
Beta (5Y)	0.03
Holdings	128
Inception Date	Feb 3, 1997

About NMMIX

Nuveen Michigan Municipal Bond Fund Class I is an institutional mutual fund specializing in investment-grade municipal bonds issued within the state of Michigan. Its primary function is to generate a high level of current interest income for investors, with distributions that are generally exempt from regular federal and Michigan state income taxes, aiming to provide tax-advantaged returns while preserving capital. The fund invests mainly in municipal securities, such as general obligation and revenue bonds, that support a range of public projects including infrastructure, education, and utilities throughout Michigan. Featuring a medium to extensive interest rate sensitivity and predominantly investment-grade credit quality, the fund’s portfolio is diversified across various Michigan issuers, concentrating a significant portion in its top holdings to address local public financing needs. As an institutional share class, it has a relatively low expense ratio and is designed for large investors, such as organizations and employee benefit plans. Nuveen Michigan Municipal Bond Fund Class I serves an important role for investors seeking stable, tax-exempt income through exposure to Michigan’s municipal bond market while contributing to the state’s public development projects.

Fund Family Nuveen

Category Other States Muni

Performance Rating Average

Risk Rating Below Average

Stock Exchange Nasdaq

Ticker Symbol NMMIX

Share Class - Class I

Index S&P Municipal Bond TR USD

Performance

NMMIX had a total return of -2.95% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.78%.

Other Share Classes

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

Symbol	Share Class	Expense Ratio
FMITX	- Class A	0.82%
FAFNX	Class C	1.62%

Dividend History

Ex-Dividend	Amount	Pay Date
Oct 30, 2026	$0.0305	Nov 2, 2026
Sep 30, 2026	$0.0305	Oct 1, 2026
Aug 31, 2026	$0.0305	Sep 1, 2026
Jul 31, 2026	$0.0305	Aug 3, 2026
Jun 30, 2026	$0.0305	Jul 1, 2026
May 29, 2026	$0.0305	Jun 1, 2026

Full Dividend History