NMARX Mutual Fund

NAV$9.83

AUM$89M

TER0.64%

Holdings190

See how much of NMARX you already own

Just $25 once·$99/mo·Download sample

X-ray my portfolio free

NMARX Mutual Fund

NAV$9.83

Nuveen Arizona Municipal Bond Fund Class I

AUM$89M

TER0.64%

Holdings190

See how much of NMARX you already own

Just $25 once·$99/mo·Download sample

X-ray my portfolio free

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

Showing top 50 of 187 holdings · as of Sep 30, 2026

NMARX holdings, by weight
#	Ticker	Name	Weight	Cumulative	Shares	Mkt value	Sector	Industry
1	—	Yuma Industrial Development Authority, Arizona, Hospital Revenue Bonds, Yuma Regional Medical Center, Series 2024A 5.25% 08-01-2049Real Estate · Real Estate Management	3.24%	3.2%	5,500,000	$5.32M	Real Estate	Real Estate Management
2	Debt	Salt River Project Agricultural Improvement & Power DistrictUtilities · Multi-Utilities	2.44%	5.7%	4,000,000	$4.02M	Utilities	Multi-Utilities
Sector and industry · Pro
3	—	Queen Creek, Arizona, Excise Tax & State Shared Revenue Obligation Bonds, Series 2020	2.41%	8.1%	4,900,000	$3.97M
4	—	Phoenix Ariz Indl Dev Auth Lease Rev 5.0% 31-Oct-2044	1.90%	10.0%	3,250,000	$3.13M
5	Debt	Arizona Ida Ls Univ Indi Hlth Pavln 19A	1.57%	11.6%	2,950,000	$2.58M
6	Debt	Salt River Project Agricultural Improvement and Power District, Arizona, Electric System Revenue Bon	1.50%	13.1%	2,500,000	$2.47M
7	—	Maricopa County Industrial Development Authority, Arizona, Educational Facilities Revenue Bonds, Creighton University Projects, Series 2020Maricopa County Industrial Development Authority, Arizona, Educational Facilities Revenue Bonds, Creighton University Projects, Series 2020	1.41%	14.5%	2,500,000	$2.32M
8	—	Phoenix Civic Improvement Corporation, Arizona, Water System Revenue Bonds, Junior Lien Sustainability Series 2020a	1.32%	15.8%	2,185,000	$2.17M
9	—	Yavapai Cnty Az Indl Dev Auth Hosp Fac	1.24%	17.0%	2,450,000	$2.04M
10	—	Yavapai County Jail District, Arizona, Pleged Revenue Obligation Bonds, Series 2020	1.23%	18.3%	2,260,000	$2.02M
11	—	Maricopa County Union High School District 210 Phoenix, Arizona, General Obligation Bonds, School Improvement Project 2011 and 2017, Series 2018	1.22%	19.5%	2,000,000	$2.00M
12	Debt	Queen Creek, Arizona, Excise Tax and State Shared Revenue Obligation Bonds, Series 2024	1.17%	20.6%	2,000,000	$1.91M
13	—	Phoenix Civic Improvement Corp., Series 2017 A, Rb	1.16%	21.8%	2,000,000	$1.90M
14	—	Glendale, Arizona, Water and Sewer Revenue Bonds, Senior Lien Series 2022A	1.10%	22.9%	1,805,000	$1.81M
15	—	City Of Mesa Az Utility System Revenue 5 07-01-2046	1.09%	24.0%	1,830,000	$1.80M
16	Debt	Salt Verde Az Financial Corp Senior Gas Revenue	1.08%	25.1%	1,805,000	$1.78M
17	—	Pima County Unified School District 30 Sahuarita, Arizona, School Improvement Bonds, Series 2024	1.08%	26.2%	1,800,000	$1.78M
18	—	Maricopa County Industrial Development Authority, Arizona, Revenue Bonds, Banner Health, Refunding Series 2016a	1.07%	27.2%	1,750,000	$1.76M
19	Debt	Pinal Cnty Pledged Rev	1.07%	28.3%	1,750,000	$1.75M
20	—	Maricopa County School District No 3 Tempe Elementary,5,2045-07-01	1.01%	29.3%	1,650,000	$1.65M
21	Debt	Maricopa County and Phoenix City Industrial Development Authority, Arizona, Single Family Mortgage Revenue Bonds, Series 2024C	1.00%	30.3%	1,840,000	$1.65M
22	—	Glendale Industrial Development Authority, Series 2025, Rb	0.97%	31.3%	1,625,000	$1.60M
23	—	City of Mesa, Arizona, Utility System Revenue Bonds, Series 2022C	0.97%	32.3%	1,500,000	$1.59M
24	—	Queen Creek Ariz Ctfs Partn 5% Oct 01, 2051 5	0.97%	33.2%	1,665,000	$1.60M
25	Debt	Pinal Cnty Ariz Electrical Dist No 3 Elec Sys Rev 5%	0.96%	34.2%	1,625,000	$1.58M
26	Debt	Salt River Proj Electric Sys 25C	0.96%	35.1%	1,575,000	$1.57M
27	Debt	Arizona Board Of Regents, Arizona State University System Revenue Bonds, Green Series 2023A	0.94%	36.1%	1,500,000	$1.54M
28	Debt	Salt Riv Proj 5.25% 01/49	0.93%	37.0%	1,500,000	$1.52M
29	—	Marana Unified School District No. 6 Of Pima County, Arizona, School Improvement Bonds, Project Of 2014, Series 2018D 5 2038-07-01	0.91%	37.9%	1,500,000	$1.50M
30	—	Maricopa County Industrial Development Authority, Arizona, Revenue Bonds, Banner Health, Series 2019	0.86%	38.8%	1,665,000	$1.41M
31	—	Phoenix Az Indl Dev Auth Renta Industrial Development Authority Of The City Of Ph 5.25 2045-12-01	0.85%	39.6%	1,500,000	$1.40M
32	—	Phoenix Children'S Hospital Obligated Group 4.0% 02-01-39	0.85%	40.5%	1,560,000	$1.40M
33	—	Phoenix Civic Improvement Corporation, Arizona, Airport Revenue Bonds, Junior Lien Series 2019B	0.84%	41.3%	1,500,000	$1.39M
34	Debt	Pinal Cnty Pledged Rev	0.83%	42.1%	1,500,000	$1.36M
35	—	Festival Ranch Community Facilities District, Buckeye, Arizona, General Obligation Bonds, Series 2020	0.79%	42.9%	1,500,000	$1.30M
36	—	City Of Goodyear	0.79%	43.7%	1,500,000	$1.29M
37	Debt	Central Ariz Wtr Consv Dist O&M	0.78%	44.5%	1,285,000	$1.29M
38	—	Puerto Rico Sales Tax Fing Corp Sales Tax Revenue	0.76%	45.3%	1,420,000	$1.25M
39	—	Goodyear Ariz Wtr & Swr Rev 5.0% 01-Jul-2044	0.74%	46.0%	1,215,000	$1.21M
40	Debt	Arizona St Univ Revs	0.74%	46.8%	1,235,000	$1.22M
41	—	Glendale, Arizona, Water and Sewer Revenue Bonds, Refunding Senior Lien Series 2025	0.72%	47.5%	1,200,000	$1.19M
42	—	Puerto Rico Sales Tax Fing Cor Regd Oid B/e 4.55000000	0.71%	48.2%	1,250,000	$1.16M
43	—	Tempe Industrial Development Authority, Arizona, Revenue Bonds, Friendship Village Of Tempe Project, Refunding Series 2021A	0.71%	48.9%	1,495,000	$1.17M
44	Debt	Arizona Department Of Transportation State Highway Fund Revenue	0.70%	49.6%	1,150,000	$1.15M
45	Debt	Eastmark Cmnty Facs Dist 1 Mesa	0.70%	50.3%	1,300,000	$1.16M
46	—	Floreo At Teravalis Community Facilities District, Series 2025	0.67%	51.0%	1,129,000	$1.11M
47	Debt	Industrial Development Authority Of The County Of Pima/The	0.67%	51.6%	1,160,000	$1.11M
48	Debt	Arizona Ida Prvdnt Grp Nccu 19A	0.66%	52.3%	1,250,000	$1.08M
49	Debt	Maricopa County Special Health Care District	0.65%	52.9%	1,050,000	$1.06M
50	—	Maricopa County Industrial Development Authority 07/01/2040	0.63%	53.6%	1,120,000	$1.04M
More holdings · Pro

Not reported for this fund: share changes.

FundXLS Pro

See the other 137 holdings of NMARX

X-ray every fund you own at once, ETFs and mutual funds that hold stocks directly, and see how much of your money lands on the same stocks twice.

Unlock FundXLS Pro$45/quarter Pro · Cancel anytime

NMARX Mutual Fund All Holdings

NMARX holdings total 190 positions. The top 10 holdings account for 18.3% of the fund, led by Yuma Industrial Development Authority, Arizona, Hospital Revenue Bonds, Yuma Regional Medical Center, Series 2024A 5.25% 08-01-2049 at 3.2%, Salt River Project Agricultural Improvement & Power District 5.25 01/01/2054 at 2.4%, Queen Creek, Arizona, Excise Tax & State Shared Revenue Obligation Bonds, Series 2020 at 2.4%.

NMARX portfolio concentration is well-diversified, with the top 10 representing 18.3% of total assets. The largest sector exposure is Financials at 12.6%.

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