About NMTRX
Nuveen Municipal Total Return Managed Accounts is an open-end municipal bond fund focused on delivering attractive total return while providing high current income that is exempt from regular federal income taxes. The portfolio invests primarily in U.S. municipal securities, blending investment‑grade, intermediate‑maturity bonds with broader municipal exposures across the credit spectrum to balance income, duration, and credit opportunities. Managed by Nuveen’s municipal team, the strategy applies fundamental credit research, yield‑curve positioning, and sector allocation guidelines to construct a diversified roster of revenue and general obligation issuers spanning essential services such as water and sewer, transportation, airports, healthcare, and education. The fund is positioned within the miscellaneous fixed income category due to its structure and mandate, which differ from standard peer groups, and its results are typically considered alongside broad bond indices for context. By focusing on tax‑exempt cash flows and disciplined risk management—tracking metrics such as duration, maturity, and sector exposures—the fund seeks to play a core role in income‑oriented portfolios that value municipal market diversification and total return potential.
Fund Family Nuveen
Category Miscellaneous Fixed Income
Performance Rating Above Average
Risk Rating Average
Stock Exchange NASDAQ
Ticker Symbol NMTRX
Share Class Common Shares
NMTRX had a total return of 6.81% in the past year, including dividends. Since the fund's
inception, the average annual return has been 3.93%.
