FMITX Mutual Fund

FMITX Mutual Fund

NAV$10.17
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Fund Essentials - as of Sep 30, 2026

Net Assets
$63M
Expense Ratio
0.82%
Dividend Yield (Current)
3.45%
Holdings
122
Inception Date
Jun 27, 1985
Fund Family
Nuveen
Investment Style
PRO
Asset Class
PRO
Legal Structure
PRO
Dividend Frequency
Monthly
SEC 30-Day Yield
PRO

Performance

YTD-1.56%
1 Year-1.39%
3 Year+3.56%
5 Year-0.67%
10 Year+1.11%

Asset Allocation

Bonds: 100.00%
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Top Holdings

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TickerNameWeight
MI MISFIN 4 02/15/20Michigan Fin Au(Mc) 4% 2/15/473.76%
MI MISFIN 4 12/01/20Michigan Fin Au 4% 12/1/493.71%
MI MISTRN 4 11/15/20Michigan State, Trunk Line Fund Bonds, Rebuilding Michigan Program Series 2020b3.06%
MI MISFIN 4 11/01/20Michigan Finance Authority, Distributable State Aid Revenue Bonds, Charter County Of Wayne, Second Lien Refunding Series 20202.77%
MI LANUTL 5 07/01/20Lansing Board Of Water & Light 5 07/01/20442.44%
Top 10 Concentration: 24.45%Report Date: Sep 30, 2026
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Dividend Summary

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Dividend Yield (Current)
3.45%
Frequency
Monthly
Latest Distribution
$0.02
-

Peer Comparison

Benchmark
PRO
Peer outperformance: PRO
Category rank: PRO
This Mutual Fund
PRO
Peer Avg
PRO

FMITX Mutual Fund Overview

FMITX Mutual Fund (Nuveen Michigan Municipal Bond Fund Class A) is managed by Nuveen with $63.4M in net assets. FMITX expense ratio is 0.82%, holding 122 positions across sectors including Financials, Utilities, Consumer Discretionary. Inception date: 1985-06-27.

FMITX performance shows a YTD return of -1.56%. The 1-year return is -1.39% and the 5-year return is -0.67%. FMITX dividend yield stands at 3.45%, paid monthly.

FMITX top holdings include Michigan Fin Au(Mc) 4% 2/15/47 (3.8%), Michigan Fin Au 4% 12/1/49 (3.7%), Michigan State, Trunk Line Fund Bonds, Rebuilding Michigan Program Series 2020b (3.1%), Michigan Finance Authority, Distributable State Aid Revenue Bonds, Charter County Of Wayne, Second Lien Refunding Series 2020 (2.8%), Lansing Board Of Water & Light 5 07/01/2044 (2.4%). Go to all FMITX holdings, FMITX sectors, or FMITX dividends.

FMITX can be compared against other funds. Use FMITX overlap to find shared positions, or FMITX vs another fund for a side-by-side view. FMITX alternatives are available via the screener, along with tax-loss harvesting opportunities.