NBMAX Mutual Fund

NAV$9.12

TER0.61%

Holdings150

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NBMAX Mutual Fund

NAV$9.12

Nuveen Massachusetts Municipal Bond Fund Class I

TER0.61%

Holdings150

See how much of NBMAX you already own

Just $25 once·$69/mo·Download sample

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Overview Performance Chart Dividends Top Holdings All Holdings Sectors Geography Similar Compare Overlap

Showing top 50 of 135 holdings · as of Feb 28, 2026

NBMAX holdings, by weight
#	Ticker	Name	Weight	Cumulative	Mkt value	Sector	Industry
1	—	Cwlth Of Massachusett 01/11/2052Financials · Banks	3.64%	3.6%	$15.62M	Financials	Banks
2	—	Massachusetts Development Finance Agency 07/01/2052Financials · Diversified Financial Services	2.56%	6.2%	$10.98M	Financials	Diversified Financial Services
Sector and industry · Pro
3	Debt	Massachusetts Development Finance Agency	2.47%	8.7%	$10.62M
4	—	Massachusetts State, General Obligation Bonds, Consolidated Loan, Series 2019C	2.02%	10.7%	$8.69M
5	Debt	Massachusetts St Ma St	1.75%	12.4%	$7.51M
6	—	Town of Lincoln	1.70%	14.1%	$7.28M
7	Debt	Greater Fall River Vocational School District	1.69%	15.8%	$7.26M
8	Debt	Mass Dfa Worcester Polytechnic 17B	1.65%	17.5%	$7.08M
9	Debt	Masedu	1.56%	19.0%	$6.69M
10	—	Massachusetts Development Finance Agency, Revenue Bonds, Mass General Brigham, Series 2024D 5 2047-07-01	1.48%	20.5%	$6.34M
11	—	Massachusetts-C 5 6/53 5	1.47%	22.0%	$6.33M
12	Debt	Massachusetts St Dev Fin Agy R	1.47%	23.5%	$6.32M
13	—	Massachusetts Development Finance Agency, Revenue Bonds, Dana-Farber Cancer Institute Issue, Series 2016N 5 2046-12-01	1.43%	24.9%	$6.13M
14	—	Massachusetts Development Finance Agency, Revenue Bonds, Emerson College, Series 2017a	1.42%	26.3%	$6.11M
15	Debt	Massachusetts Development Finance Agency	1.33%	27.6%	$5.70M
16	—	Puerto Rico Sales Tax Fing Corp Sales Tax Revenue	1.32%	29.0%	$5.66M
17	—	University Of Massachusetts Bldg Auth	1.26%	30.2%	$5.42M
18	—	Taunton, Massachusetts, General Obligation Bonds, Municipal Purpose Loan Series 2024	1.22%	31.4%	$5.26M
19	—	Ma Dev Fi 5.% 10/01/46 5 2046-10-01	1.21%	32.6%	$5.18M
20	—	Massachusetts State, General Obligation Bonds, Consolidated Loan, Series 2018A 5 53693 2047-01-01	1.19%	33.8%	$5.11M
21	—	Massachusetts Development Finance Agency, Revenue Bonds, Worcester Polytechnic Institute, Series 2017b	1.19%	35.0%	$5.09M
22	—	Boston Mass 5% Feb 01, 2043	1.14%	36.2%	$4.90M
23	Debt	Puerto Rico Sales Tax Financing Corp Sa	1.07%	37.2%	$4.61M
24	—	Greater Fall River Regional Vocational Technical School District, Massachusetts, State Qualified General Obligation Bonds, School Project Loan, Chapte	1.03%	38.3%	$4.42M
25	—	Boston, Massachusetts, General Obligation Bonds, Series 2025A	0.97%	39.2%	$4.16M
26	Debt	Boston Wtr & Swr Comn Rev 18A	0.93%	40.2%	$4.00M
27	Debt	Massachusetts Bay Transportation Authority, Sales Tax Revenue Bonds, Senior Series 2023A-1	0.87%	41.0%	$3.75M
28	Debt	E Longmeadow Twn	0.87%	41.9%	$3.73M
29	—	Commonwealth of Massachusetts 5.5 2034-01-01	0.83%	42.7%	$3.55M
30	—	North Attleborough, Massachusetts, General Obligation Bonds, Municipal Purpose Loan, Series 2026 4.125 2055-03-15	0.83%	43.6%	$3.57M
31	—	Massachusetts Port Authority, Revenue Bonds, Series 2019C 5 2049-07-01	0.82%	44.4%	$3.54M
32	—	Webster, Massachusetts, General Obligation Bonds, Qualified School Project, Chapter 70B, Loan Series	0.82%	45.2%	$3.51M
33	Debt	University of Massachusetts Building Authority	0.78%	46.0%	$3.36M
34	—	Massachusetts Development Finance Agency, Revenue Bonds, Lahey Health System Obligated Group Issue, Series 2015f	0.76%	46.7%	$3.28M
35	—	Massachusetts Development Finance Authority, Revenue Bonds, Olin College, Refunding Series 2023G	0.74%	47.5%	$3.18M
36	—	Puerto Rico Sales Tax Fing Cor Regd Oid B/e 4.55000000	0.74%	48.2%	$3.20M
37	—	Quincy, Massachusetts, General Obligation Bonds, Municipal Purpose Loan Series 2022B	0.74%	49.0%	$3.16M
38	—	Massachusetts St Sch Bldg Auth 5% Aug 15, 2050	0.73%	49.7%	$3.12M
39	Debt	Prcutl	0.73%	50.4%	$3.13M
40	—	Massachusetts Bay Transportation Authority Sales Tax Revenue	0.73%	51.2%	$3.12M
41	—	Massachusetts Housing Finance Agency, Housing Bonds, Green Series 2025C-1 4.85 56949 2055-12-01	0.69%	51.8%	$2.98M
42	—	Massachusetts St Dev Fin Agy Revenue	0.68%	52.5%	$2.94M
43	—	Guam Government Waterworks Authority, Water and Wastewater System Revenue Bonds, Refunding Series 2017	0.66%	53.2%	$2.85M
44	Debt	Mass Hfa Hsg 22C-1	0.65%	53.8%	$2.78M
45	Debt	Commonwealth of Puerto Rico	0.63%	54.5%	$2.71M
46	—	Massachusetts Development Finance Agency, Revenue Bonds, Northeastern University, Series 2024A 5 2042-10-01	0.61%	55.1%	$2.64M
47	—	Massachusetts Clean Water State Revolving Fund 5.0% 02-01-42	0.60%	55.7%	$2.56M
48	—	Massachusetts Port Authority, Revenue Bonds, Series 2021E	0.60%	56.3%	$2.58M
49	—	Massachusetts Development Finance Agency 5.75 2042-01-01	0.59%	56.9%	$2.53M
50	—	Massachusetts Development Finance Agency 5.25 2044-07-01	0.58%	57.4%	$2.48M
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NBMAX Mutual Fund All Holdings

NBMAX holdings total 150 positions. The top 10 holdings account for 20.5% of the fund, led by Cwlth Of Massachusett 01/11/2052 at 3.6%, Massachusetts Development Finance Agency 07/01/2052 at 2.6%, Massachusetts Development Finance Agency 5.25% 03/01/2054 at 2.5%.

NBMAX portfolio concentration is well-diversified, with the top 10 representing 20.5% of total assets. The largest sector exposure is Financials at 28.5%.

NBMAX sectors provide a detailed breakdown. NBMAX overlap shows how holdings compare to other funds in your portfolio.