Nuveen Virginia Municipal Bond Fund Class I (NMVAX)
| Fund Assets | 421.59M |
| Expense Ratio | 0.55% |
| Min. Investment | $100,000 |
| Turnover | n/a |
| Dividend (ttm) | 0.37 |
| Dividend Yield | 3.73% |
| Dividend Growth | 4.27% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Apr 30, 2025 |
| Previous Close | 9.89 |
| YTD Return | -2.74% |
| 1-Year Return | 0.40% |
| 5-Year Return | 3.75% |
| 52-Week Low | n/a |
| 52-Week High | n/a |
| Beta (5Y) | 0.26 |
| Holdings | 235 |
| Inception Date | Feb 3, 1997 |
About NMVAX
NMVAX was founded on 1997-02-03. The Fund's investment strategy focuses on VA Municipal Debt with 0.58% total expense ratio. The minimum amount to invest in Nuveen Multistate Trust I: Nuveen Virginia Municipal Bond Fund; Class I Shares is $100,000 on a standard taxable account. Nuveen Multistate Trust I: Nuveen Virginia Municipal Bond Fund; Class I Shares seeks a high a level of current interest income exempt from regular federal, Virginia State and, in some cases, Virginia local income taxes and preservation of capital. It invests at least 80% of its assets in municipal bonds that pay interest that is exempt from regular federal and Virginia personal income tax.
Performance
NMVAX had a total return of 0.40% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.81%.
Top 10 Holdings
14.90% of assets| Name | Symbol | Weight |
|---|---|---|
| UNIVERSITY VA UNIV REVS 5% | VA UNIHGR 5 04.01.2039 | 1.88% |
| PUERTO RICO SALES TAX FING CORP SALES TAX REV 5% | PR PRCGEN 5 07.01.2058 | 1.76% |
| VIRGINIA SMALL BUSINESS FING AUTH PRIVATE ACTIVITY REV 5% | VA VASDEV 5 12.31.2049 | 1.73% |
| METROPOLITAN WASH D C ARPTS AUTH DULLES TOLL RD REV 0% | DC METAPT 0 10.01.2036 | 1.60% |
| VIRGINIA SMALL BUSINESS FING AUTH HEALTHCARE FACS REV 4% | VA VASMED 4 12.01.2049 | 1.52% |
| HAMPTON RDS VA TRANSN ACCOUNTABILITY COMMN REV 5.5% | VA HRDTRN 5.5 07.01.2057 | 1.42% |
| TOBACCO SETTLEMENT FING CORP VA 5% | VA TOBGEN 5 06.01.2047 | 1.37% |
| VIRGINIA COMWLTH UNIV HEALTH SYS AUTH REV 5% | VA VASMED 5 07.01.2046 | 1.27% |
| WASHINGTON D C MET AREA TRAN AUTH DEDICATED REV 5.25% | DC DCTTRN 5.25 07.15.2059 | 1.24% |
| ROANOKE VA ECONOMIC DEV AUTH HOSP REV 5% | VA ROADEV 5 07.01.2047 | 1.11% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Apr 30, 2025 | $0.0305 | May 1, 2025 |
| Mar 31, 2025 | $0.0305 | Apr 1, 2025 |
| Feb 28, 2025 | $0.0305 | Mar 3, 2025 |
| Jan 31, 2025 | $0.0305 | Feb 3, 2025 |
| Dec 31, 2024 | $0.0305 | Dec 31, 2024 |
| Nov 29, 2024 | $0.0305 | Dec 2, 2024 |