NBMAX Mutual Fund

NBMAX Mutual Fund

NAV$8.97
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Fund Essentials - as of May 31, 2026

Net Assets
-
Expense Ratio
0.61%
Dividend Yield (Current)
3.68%
Holdings
150
Inception Date
Dec 22, 1986
Fund Family
Nuveen
Investment Style
PRO
Asset Class
PRO
Legal Structure
PRO
Dividend Frequency
Monthly
SEC 30-Day Yield
PRO

Performance

YTD+1.23%
1 Year+6.25%
3 Year+2.78%
5 Year-0.28%
10 Year+1.49%

Asset Allocation

Bonds: 99.99%
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Top Holdings

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TickerNameWeight
MA MAS 5 11/01/2052Cwlth Of Massachusett 01/11/20523.52%
MA MASDEV 5.25 07/01Massachusetts Development Finance Agency 07/01/20522.51%
MA MASDEV 5.25 03/01Massachusetts Development Finance Agency, Revenue Bonds, Boston Children'S Hospital Series 2024T 5.25 2054-03-012.39%
MA UMAFAC 5 11/01/20University Of Massachusetts Building Authority, Project Revenue Bonds, Senior Series 2022-12.10%
MA MAS 5 05/01/2045Massachusetts State, General Obligation Bonds, Consolidated Loan, Series 2019C1.95%
Top 10 Concentration: 20.85%Report Date: May 31, 2026
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Dividend Summary

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Dividend Yield (Current)
3.68%
Frequency
Monthly
Latest Distribution
$0.02
-

Peer Comparison

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

NBMAX Mutual Fund Overview

NBMAX Mutual Fund (Nuveen Massachusetts Municipal Bond Fund Class I) is managed by Nuveen. NBMAX expense ratio is 0.61%, holding 150 positions across sectors including Financials, Utilities, Health Care. Inception date: 1986-12-22.

NBMAX performance shows a YTD return of 1.23%. The 1-year return is 6.25% and the 5-year return is -0.28%. NBMAX dividend yield stands at 3.68%, paid monthly.

NBMAX top holdings include Cwlth Of Massachusett 01/11/2052 (3.5%), Massachusetts Development Finance Agency 07/01/2052 (2.5%), Massachusetts Development Finance Agency, Revenue Bonds, Boston Children'S Hospital Series 2024T 5.25 2054-03-01 (2.4%), University Of Massachusetts Building Authority, Project Revenue Bonds, Senior Series 2022-1 (2.1%), Massachusetts State, General Obligation Bonds, Consolidated Loan, Series 2019C (1.9%). Go to all NBMAX holdings, NBMAX sectors, or NBMAX dividends.

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