The portfolio maintains a cost advantage over competitors, priced within the second-lowest fee quintile among peers.
Nuveen AZ Municipal Bond I NMARX
- NAV / 1-Day Return 10.09 / +0.31 %
- Total Assets 157.1 Mil
-
Adj. Expense Ratio
- Expense Ratio 0.620%
- Distribution Fee Level High
- Share Class Type Institutional
- Category Muni Single State Long
- Credit Quality / Interest Rate Sensitivity —
- Min. Initial Investment 100,000
- Status Open
- TTM Yield 3.06%
- Effective Duration 6.75 years
USD | NAV as of May 03, 2024 | 1-Day Return as of May 03, 2024, 10:17 PM GMT+0
Morningstar’s Analysis NMARX
Will NMARX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
People Pillar
Parent Pillar
- Current Portfolio Date
- Equity Holdings —
- Bond Holdings —
- Other Holdings —
- % Assets in Top 10 Holdings 17.5
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
---|---|---|---|
QUEEN CREEK ARIZ EXCISE TAX & ST SHARED REV 4% | 3.01 | 4.7 Mil | municipal |
PHOENIX ARIZ INDL DEV AUTH HEALTH CARE FACS REV 3.65% | 2.03 | 3.2 Mil | municipal |
ARIZONA INDL DEV AUTH LEASE REV 5% | 1.90 | 3.0 Mil | municipal |
MARICOPA CNTY ARIZ INDL DEV AUTH EDL FACS REV 4% | 1.82 | 2.8 Mil | municipal |
SALT RIV PROJ AGRIC IMPT & PWR DIST ARIZ ELEC SYS REV 5% | 1.74 | 2.7 Mil | municipal |
PHOENIX ARIZ CIVIC IMPT CORP WTR SYS REV 5% | 1.52 | 2.4 Mil | municipal |
YAVAPAI CNTY ARIZ JAIL DIST REV 4% | 1.45 | 2.3 Mil | municipal |
MARICOPA CNTY ARIZ UN HIGH SCH DIST NO 210 PHOENIX 5% | 1.35 | 2.1 Mil | municipal |
MARICOPA CNTY ARIZ INDL DEV AUTH REV 5% | 1.34 | 2.1 Mil | municipal |
PHOENIX ARIZ CIVIC IMPT CORP ARPT REV 5% | 1.30 | 2.0 Mil | municipal |