The strategy charges fees in line with its similarly distributed peers, priced within the middle quintile.
Nuveen NM Municipal Bond I FNMRX
- NAV / 1-Day Return 9.64 / +0.01 %
- Total Assets 69.8 Mil
-
Adj. Expense Ratio
- Expense Ratio 0.670%
- 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 3.11%
- Effective Duration 6.29 years
USD | NAV as of Apr 22, 2024 | 1-Day Return as of Apr 22, 2024, 10:14 PM GMT+0
Morningstar’s Analysis FNMRX
Will FNMRX 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 25.5
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
---|---|---|---|
CENTRAL NEW MEXICO CMNTY COLLEGE 4% | 3.60 | 2.5 Mil | municipal |
LOS RANCHOS DE ALBUQUERQUE NEW MEXICO EDL FACS REV 4% | 3.08 | 2.1 Mil | municipal |
ALBUQUERQUE N MEX REFUSE REMOVAL & DISP REV 4% | 2.85 | 1.9 Mil | municipal |
VIRGIN ISLANDS PUB FIN AUTH REV 5% | 2.78 | 1.9 Mil | municipal |
SANTA FE CNTY N MEX CORRECTIONAL SYS REV 6% | 2.41 | 1.7 Mil | municipal |
NEW MEXICO ST HOSP EQUIP LN COUNCIL HOSP REV 5% | 2.31 | 1.6 Mil | municipal |
SANTA FE N MEX WTR UTIL SYS REV 4% | 2.19 | 1.5 Mil | municipal |
NEW MEXICO ST HOSP EQUIP LN COUNCIL HOSP REV 4% | 2.19 | 1.5 Mil | municipal |
NEW MEXICO FIN AUTH REV 5% | 2.14 | 1.5 Mil | municipal |
NEW MEXICO FIN AUTH ST TRANSN REV 5% | 1.93 | 1.3 Mil | municipal |