The strategy charges fees in line with its similarly distributed peers, priced within the middle quintile.
Nuveen MI Municipal Bond A FMITX
- NAV / 1-Day Return 10.67 / +0.02 %
- Total Assets 224.4 Mil
-
Adj. Expense Ratio
- Expense Ratio 0.840%
- Distribution Fee Level Average
- Share Class Type Front Load
- Category Muni Single State Long
- Credit Quality / Interest Rate Sensitivity Medium/Extensive
- Min. Initial Investment 2,500
- Status Open
- TTM Yield 2.84%
- Effective Duration 8.01 years
USD | NAV as of Jul 26, 2024 | 1-Day Return as of Jul 26, 2024, 10:12 PM GMT+0
Morningstar’s Analysis FMITX
Will FMITX 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 27.4
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
---|---|---|---|
LANSING MICH BRD WTR & LT UTIL SYS REV 5% | 5.86 | 13.0 Mil | municipal |
MICHIGAN ST TRUNK LINE 4% | 4.05 | 9.0 Mil | municipal |
MICHIGAN FIN AUTH REV 4% | 2.92 | 6.5 Mil | municipal |
OAKLAND UNIV MICH REV 5% | 2.49 | 5.5 Mil | municipal |
KENT HOSP FIN AUTH MICH REV 4% | 2.32 | 5.1 Mil | municipal |
LANSING MICH BRD WTR & LT UTIL SYS REV 5% | 2.27 | 5.0 Mil | municipal |
GRAND RAPIDS MICH PUB SCHS 5% | 2.00 | 4.4 Mil | municipal |
WEST OTTAWA MICH PUB SCH DIST 5% | 1.92 | 4.3 Mil | municipal |
MICHIGAN FIN AUTH REV 5% | 1.84 | 4.1 Mil | municipal |
MICHIGAN ST BLDG AUTH REV 4% | 1.75 | 3.9 Mil | municipal |