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Nuveen AZ Municipal Bond I NMARX

Medalist Rating as of | See Nuveen Investment Hub
  • NAV / 1-Day Return 10.17  /  −0.09 %
  • Total Assets 154.3 Mil
  • Adj. Expense Ratio
    0.620%
  • 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 2.91%
  • Effective Duration 7.15 years

USD | NAV as of Feb 22, 2024 | 1-Day Return as of Feb 22, 2024, 11:17 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.

Nuveen AZ Municipal Bond I boasts strong People and Process Pillar ratings, but other weaknesses hold this strategy's Morningstar Medalist Rating at Neutral.

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Morningstar Manager Research

Summary

The portfolio maintains a cost advantage over competitors, priced within the second-cheapest fee quintile among peers.

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Portfolio Holdings NMARX

  • Current Portfolio Date
  • Equity Holdings
  • Bond Holdings
  • Other Holdings
  • % Assets in Top 10 Holdings 17.7
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

QUEEN CREEK ARIZ EXCISE TAX & ST SHARED REV 4%

3.21 4.8 Mil
municipal

ARIZONA INDL DEV AUTH LEASE REV 5%

2.00 3.0 Mil
municipal

MARICOPA CNTY ARIZ INDL DEV AUTH EDL FACS REV 4%

1.94 2.9 Mil
municipal

SALT RIV PROJ AGRIC IMPT & PWR DIST ARIZ ELEC SYS REV 5%

1.85 2.8 Mil
municipal

PHOENIX ARIZ CIVIC IMPT CORP WTR SYS REV 5%

1.60 2.4 Mil
municipal

YAVAPAI CNTY ARIZ JAIL DIST REV 4%

1.53 2.3 Mil
municipal

MARICOPA CNTY ARIZ UN HIGH SCH DIST NO 210 PHOENIX 5%

1.42 2.1 Mil
municipal

MARICOPA CNTY ARIZ INDL DEV AUTH REV 5%

1.40 2.1 Mil
municipal

PHOENIX ARIZ CIVIC IMPT CORP ARPT REV 5%

1.37 2.1 Mil
municipal

GLENDALE ARIZ WTR & SWR REV 5%

1.36 2.1 Mil
municipal