Morningstar

Nuveen Maryland Municipal Bond Fund Class A NMDAX

Morningstar Medalist Rating
Medalist Rating as of | See Nuveen Investment Hub
  • NAV / 1-Day Return 9.83  /  −0.10 %
  • Total Assets 269.7M
  • Adj. Expense Ratio
    0.770%
  • Expense Ratio 0.800%
  • Distribution Fee Level Average
  • Share Class Type Front Load
  • Category Muni Single State Long
  • Credit Quality / Interest Rate Sensitivity —
  • Min. Initial Investment 2,500
  • Status Open
  • TTM Yield 3.50%
  • Effective Duration 7.80 years

USD | NAV as of Jul 18, 2026 | 1-Day Return as of Jul 18, 2026, 12:11 AM GMT+0

Morningstar’s Analysis NMDAX

Will NMDAX outperform in the 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 NMDAX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the NMDAX 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 NMDAX’s parent organization’s priorities and whether they’re in line with investors’ interests.

null Morningstar Automated Analysis

Morningstar Automated Analysis

Summary

Nuveen MD Municipal Bond A holds a quantitatively derived Neutral Morningstar Medalist Rating. The rating suggests the model does not express a clear expectation of outperformance or underperformance relative to peers over a full market cycle.

by Morningstar Automated Analysis
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Portfolio Holdings NMDAX

More NMDAX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 18.3
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

MARYLAND ST DEPT TRANSN SPL TRANSN PROJ REV 5.25%

2.74 7M
municipal

MONTGOMERY CNTY MD REV 4%

2.54 7M
municipal

WASHINGTON SUBN SAN DIST MD 5%

2.21 6M
municipal

MARYLAND ST HEALTH & HIGHER EDL FACS AUTH REV 5%

2.14 6M
municipal

MARYLAND ST 5%

2.04 5M
municipal

MURRIETA VY CALIF UNI SCH DIST 0%

1.76 5M
municipal

PUERTO RICO SALES TAX FING CORP SALES TAX REV 5%

1.72 5M
municipal

BALTIMORE MD CONVENTION CTR HOTEL REV 5%

1.52 4M
municipal

MARYLAND ST 5%

1.27 3M
municipal

MARYLAND ST HEALTH & HIGHER EDL FACS AUTH REV 5.25%

1.24 3M
municipal

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