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Morningstar

Nuveen MD Municipal Bond I NMMDX

Morningstar Medalist Rating
Medalist Rating as of | See Nuveen Investment Hub
  • NAV / 1-Day Return 9.45  /  0.10 %
  • Total Assets 246.5 Mil
  • Adj. Expense Ratio
    0.580%
  • Expense Ratio 0.580%
  • Distribution Fee Level Above Average
  • Share Class Type Institutional
  • Category Muni Single State Long
  • Credit Quality / Interest Rate Sensitivity —
  • Min. Initial Investment 100,000
  • Status Open
  • TTM Yield 3.17%
  • Effective Duration 8.16 years

USD | NAV as of Sep 22, 2023 | 1-Day Return as of Sep 22, 2023, 10:19 PM GMT+0

Morningstar’s Analysis NMMDX

Will NMMDX 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 NMMDX’s performance objective and investment process is for both security selection and portfolio construction.

People Pillar

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

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

null Morningstar Manager Research

Morningstar Manager Research

Summary

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

by Morningstar Manager Research
Rated on Published on

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Portfolio Holdings NMMDX

More NMMDX Holdings
  • Current Portfolio Date
  • Equity Holdings 0
  • Bond Holdings 221
  • Other Holdings 1
  • % Assets in Top 10 Holdings 18.4
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

MONTGOMERY CNTY MD REV 4%

2.71
6,626,340
municipal

MARYLAND ST DEPT TRANSN SPL TRANSN PROJ REV 5%

2.31
5,654,110
municipal

PUERTO RICO SALES TAX FING CORP SALES TAX REV 5%

2.17
5,303,236
municipal

MONTGOMERY CNTY MD 5%

2.11
5,168,736
municipal

MARYLAND ST HEALTH & HIGHER EDL FACS AUTH REV 5%

1.93
4,725,470
municipal

MURRIETA VY CALIF UNI SCH DIST 0%

1.67
4,090,649
municipal

BALTIMORE MD CONVENTION CTR HOTEL REV 5%

1.52
3,724,600
municipal

MARYLAND ST STAD AUTH REV 5%

1.39
3,401,775
municipal

MARYLAND ST ECONOMIC DEV CORP PORT FACS REV 5.75%

1.34
3,287,156
municipal

WASHINGTON D C MET AREA TRAN AUTH DEDICATED REV 4%

1.26
3,086,298
municipal