Skip to Content
Morningstar

Nuveen MA Municipal Bond A NMAAX

Morningstar Medalist Rating
Medalist Rating as of | See Nuveen Investment Hub
  • NAV / 1-Day Return 8.94  /  0.21 %
  • Total Assets 627.8 Mil
  • Adj. Expense Ratio
    0.770%
  • Expense Ratio 0.780%
  • Distribution Fee Level Below Average
  • Share Class Type Front Load
  • Category Muni Massachusetts
  • Credit Quality / Interest Rate Sensitivity Medium / Extensive
  • Min. Initial Investment 3,000
  • Status Open
  • TTM Yield 2.59%
  • Effective Duration 8.27 years

USD | NAV as of Sep 26, 2023 | 1-Day Return as of Sep 26, 2023, 10:21 PM GMT+0

Morningstar’s Analysis NMAAX

Will NMAAX outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

Process Pillar

The Process Pillar is our assessment of how sensible, clearly defined, and repeatable NMAAX’s performance objective and investment process is for both security selection and portfolio construction.

People Pillar

The People Pillar is our evaluation of the NMAAX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

Parent Pillar

The Parent Pillar is our rating of NMAAX’s parent organization’s priorities and whether they’re in line with investors’ interests.

Nuveen MA Municipal Bond A's Average Process Pillar and People Pillar ratings result in a Morningstar Medalist Rating of Neutral.

null Morningstar Manager Research

Morningstar Manager Research

Summary

The strategy charges fees in line with its similarly distributed peers, priced within the middle quintile.

by Morningstar Manager Research
Rated on Published on

Unlock our full analysis with Morningstar Investor

Portfolio Holdings NMAAX

More NMAAX Holdings
  • Current Portfolio Date
  • Equity Holdings 0
  • Bond Holdings 231
  • Other Holdings 2
  • % Assets in Top 10 Holdings 17.5
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

MASSACHUSETTS ST TRANSN FD REV 5%

2.56
15,884,850
municipal

MASSACHUSETTS BAY TRANSN AUTH MASS REV 5%

2.06
12,785,040
municipal

MASSACHUSETTS ST 5%

1.87
11,584,841
municipal

UNIVERSITY MASS BLDG AUTH PROJ REV 5%

1.81
11,225,180
municipal

MASSACHUSETTS BAY TRANSN AUTH MASS SALES TAX REV 5.25%

1.78
11,015,200
municipal

MASSACHUSETTS ST 5%

1.73
10,730,300
municipal

MASSACHUSETTS ST PORT AUTH REV 5%

1.65
10,208,300
municipal

DENNIS & YARMOUTH MASS REGL SCH DIST 4.5%

1.62
10,023,000
Cash and Equivalents

MASSACHUSETTS ST 5%

1.39
8,595,440
municipal

MASSACHUSETTS ST TRANSN FD REV 5%

1.36
8,450,267
municipal