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 9.73 / +0.03 %
- Total Assets 68.7 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 3.20%
- Effective Duration 6.44 years
USD | NAV as of Jul 26, 2024 | 1-Day Return as of Jul 26, 2024, 10:12 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 25.1
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
---|---|---|---|
CENTRAL NEW MEXICO CMNTY COLLEGE 4% | 3.52 | 2.4 Mil | municipal |
LOS RANCHOS DE ALBUQUERQUE NEW MEXICO EDL FACS REV 4% | 3.12 | 2.2 Mil | municipal |
ALBUQUERQUE N MEX REFUSE REMOVAL & DISP REV 4% | 2.82 | 2.0 Mil | municipal |
VIRGIN ISLANDS PUB FIN AUTH REV 5% | 2.75 | 1.9 Mil | municipal |
SANTA FE CNTY N MEX CORRECTIONAL SYS REV 6% | 2.36 | 1.6 Mil | municipal |
NEW MEXICO ST HOSP EQUIP LN COUNCIL HOSP REV 5% | 2.28 | 1.6 Mil | municipal |
SANTA FE N MEX WTR UTIL SYS REV 4% | 2.17 | 1.5 Mil | municipal |
NEW MEXICO FIN AUTH REV 5% | 2.10 | 1.5 Mil | municipal |
NEW MEXICO ST HOSP EQUIP LN COUNCIL HOSP REV 4% | 2.08 | 1.4 Mil | municipal |
SANTA FE NEW MEXICO RETIREMENT FAC REV 5% | 1.92 | 1.3 Mil | municipal |