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Nuveen MI Municipal Bond I NMMIX

Quantitative rating as of | See Nuveen Investment Hub
  • NAV / 1-Day Return 10.73  /  0.19 %
  • Total Assets 302.7 Mil
  • Adj. Expense Ratio
    0.580%
  • Expense Ratio 0.610%
  • Distribution Fee Level Above Average
  • Share Class Type Institutional
  • Category Muni Single State Long
  • Credit Quality / Interest Rate Sensitivity Medium / Extensive
  • Min. Initial Investment 100,000
  • Status Open
  • TTM Yield 2.28%
  • Effective Duration 7.83 years

Morningstar’s Analysis NMMIX

Will NMMIX outperform in future?

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

Summary

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A strong Process Pillar rating isn't sufficient for Nuveen MI Municipal Bond I to overcome lower marks in Parent and other areas. This strategy retains its Morningstar Quantitative Rating of Neutral. The portfolio maintains a sizable cost advantage over competitors, priced within the second-cheapest fee quintile among peers.

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