Nuveen Michigan Municipal Bond FundNMMIX
Type
Mutual fund
Peer group
Municipal bond
Net assets
$198.5M
Expense ratio
0.64%
1-year return
+4.0%
3 years, a year
+3.8%
5 years, a year
+0.6%
Holdings
109
What it aims to do.
The investment objective of the Fund is to provide you with as high a level of current interest income exempt from regular federal, Michigan state and, in some cases, Michigan local income taxes as is consistent with preservation of capital.
Top 10 holdings.
| Holding | % of fund |
|---|---|
| Lansing Board of Water and Light, Michigan, Utility System Revenue Bonds, Series 2019A | 5.08% |
| Michigan State, Trunk Line Fund Bonds, Rebuilding Michigan Program Series 2020B | 4.54% |
| Michigan Finance Authority, Hospital Revenue Bonds, McLaren Health Care, Series 2019A | 4.21% |
| Michigan Finance Authority, Michigan, Revenue Bonds, Trinity Health Credit Group, Refunding Series 2019A-MI | 4.10% |
| Michigan Finance Authority, Distributable State Aid Revenue Bonds, Charter County of Wayne, Second Lien Refunding Series 2020 | 3.24% |
| Oakland University, Michigan, General Revenue Bonds, Series 2016 | 2.76% |
| Lansing Board of Water and Light, Michigan, Utility System Revenue Bonds, Series 2019A | 2.51% |
| Michigan Finance Authority, Local Government Loan Program Revenue Bonds, Detroit Distributable State Aid Fifth Lien LTGO Local Project, Refunding Fina | 2.05% |
| Michigan State Building Authority, Revenue Bonds, Facilities Program, Series 2021I | 1.95% |
| Wayne County Airport Authority, Michigan, Revenue Bonds, Detroit Metropolitan Wayne County Airport, Series 2021A | 1.82% |
More on NMMIX.
- NMMIX overview
- NMMIX holdings
- NMMIX risk
- NMMIX costs
- NMMIX money in and out
- NMMIX share classes
- Compare NMMIX with other funds
Returns after fees, from the fund's SEC filings up to Feb 2026. Past returns are not a promise. Not financial advice.