NMBAX : Nuveen Intermediate Duration Municipal Bond Fund Class A

NMBAX is a Bond Market Municipal Bond with MODERATE fees.

NMBAX

Nuveen Intermediate Duration Municipal Bond Fund Class A

FI Score

70 /100

Expense Ratio Rating

6 /10

Expense Rating

3 /10

Market Score

10 /10

Category Score

8 /10

Market Size

10 /10

70% FI Score
  • nmbax
  • Mutual Fund
  • Bond
  • Municipal Bond

Nuveen Intermediate Duration Municipal Bond Fund Class A

Expenses: 0.67% (Better than 1% of similar funds)

This is an OK choice for a Municipal Bond Bond fund. See why ยป

Fund Summary

The investment seeks as high a level of current interest income exempt from regular federal income taxes as is consistent with preservation of capital. Under normal market conditions, the fund invests at least 80% of the sum of its net assets and the amount of any borrowings for investment purposes in municipal bonds that pay interest that is exempt from regular federal personal income tax. It invests at least 80% of its net assets in investment grade municipal bonds rated BBB/Baa or higher. The fund may invest up to 20% of its net assets in below investment grade municipal bonds, commonly referred to as "high yield" or "junk" bonds.

Largest Holdings

Amount Holding
0.98% Engy Hbr
0.65% METROPOLITAN TRANSN AUTH N Y REV 5%
0.59% NEW YORK TRANSN DEV CORP SPL FAC REV 5%
0.58% ENERGY NORTHWEST WASH ELEC REV 5%
0.56% COMMONWEALTH FING AUTH PA TOB MASTER SETTLEMENT PMT REV 4%
0.51% METROPOLITAN TRANSN AUTH N Y REV 4%
0.49% CALIFORNIA HEALTH FACS FING AUTH REV 5%
0.47% BLACK BELT ENERGY GAS DIST ALA GAS SUPPLY REV 4%
0.46% METROPOLITAN TRANSN AUTH N Y REV 5%
0.45% FLORIDA DEV FIN CORP SURFACE TRANSN FAC REV 6.38%
0.42% REID HOSP & HEALTH CARE SVCS INC RICHMOND IND HOSP AUTH REV 5%
0.42% FORSYTH MONT POLLUTION CTL REV 2%
0.40% ENERGY NORTHWEST WASH ELEC REV 5%
0.39% ILLINOIS FIN AUTH REV 4%
0.39% FLORIDA DEV FIN CORP SURFACE TRANSN FAC REV 6.25%
0.36% VIRGINIA SMALL BUSINESS FING AUTH REV 5%
0.36% FLORIDA DEV FIN CORP SURFACE TRANSN FAC REV 6.5%
0.36% CHICAGO ILL BRD ED DEDICATED CAP IMPT 6%
0.35% MOBILE ALA INDL DEV BRD POLLUTN CTL REV 2.9%
0.34% GOLDEN ST TOB SECURITIZATION CORP CALIF TOB SETTLEMENT REV 3.5%
0.33% MAIN STR NAT GAS INC GA GAS SUPPLY REV 4%
0.33% TENNESSEE ENERGY ACQUISITION CORP GAS REV 4%
0.33% SWEETWATER CNTY WYO POLLUTION CTL REV 1.7%
0.32% ROANOKE VA ECONOMIC DEV AUTH HOSP REV 5%
0.32% VIRGINIA SMALL BUSINESS FING AUTH PRIVATE ACTIVITY REV 5%

Minafi - The intersection of FI, minimalism & mindfulness.

Don't miss out on new posts, courses, interactive articles and more!

Join & Get Your First Course Free

© 2024   Adam Fortuna

Site Map
Triangle Graduation Cap Angle Down Book regular Phone laptop regular fire regular fire regular search regular Acorn duotone Seedling duotone thumbs down duo thumbs up duo