Nuveen Michigan Municipal Bond Fund Class A
FMITX
NASDAQ
| Weiss Ratings | FMITX-NASDAQ | Click to Compare |
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| Rating | ||||
| Reward Index | Weak | |||
| Reward Grade | D | |||
| Risk Index | Fair | |||
| Risk Grade | C | |||
| Company Info | FMITX-NASDAQ | Click to Compare |
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| Provider | Nuveen | |||
| Manager/Tenure (Years) | Daniel J. Close (19), Kristen M. DeJong (2), Scott R. Romans (2) | |||
| Website | http://www.nuveen.com | |||
| Fund Information | FMITX-NASDAQ | Click to Compare |
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| Fund Name | Nuveen Michigan Municipal Bond Fund Class A | |||
| Category | Muni Single State Long | |||
| Sub-Category | US Municipal Fixed Income | |||
| Prospectus Objective | Municipal Bond - Single State | |||
| Inception Date | Jun 27, 1985 | |||
| Open/Closed To New Investors | Open | |||
| Minimum Initial Investment | 2,500.00 | |||
| Minimum Subsequent Investment | 100.00 | |||
| Front End Fee | 0.04 | |||
| Back End Fee | -- | |||
| Dividends and Shares | FMITX-NASDAQ | Click to Compare |
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| Dividend Yield | 3.18% | |||
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| Dividend Yield (Forward) | -- | |||
| Asset Allocation | FMITX-NASDAQ | Click to Compare |
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| Cash | 1.88% | |||
| Stock | 0.00% | |||
| U.S. Stock | 0.00% | |||
| Non-U.S. Stock | 0.00% | |||
| Bond | 98.12% | |||
| U.S. Bond | 93.39% | |||
| Non-U.S. Bond | 4.73% | |||
| Preferred | 0.00% | |||
| Convertible | 0.00% | |||
| Other Net | 0.00% | |||
| Price History | FMITX-NASDAQ | Click to Compare |
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| 7-Day Total Return | -0.41% | |||
| 30-Day Total Return | -2.44% | |||
| 60-Day Total Return | -0.95% | |||
| 90-Day Total Return | -0.79% | |||
| Year to Date Total Return | -0.91% | |||
| 1-Year Total Return | 3.32% | |||
| 2-Year Total Return | 3.33% | |||
| 3-Year Total Return | 6.28% | |||
| 5-Year Total Return | -1.47% | |||
| Price | FMITX-NASDAQ | Click to Compare |
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| Closing Price | -- | |||
| 1-Month Low Price | -- | |||
| 1-Month High Price | -- | |||
| 52-Week Low Price | -- | |||
| 52-Week Low Price (Date) | -- | |||
| 52-Week High Price | -- | |||
| 52-Week High Price (Date) | -- | |||
| NAV | FMITX-NASDAQ | Click to Compare |
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| Nav | $10.35 | |||
| 1-Month Low NAV | $10.35 | |||
| 1-Month High NAV | $10.62 | |||
| 52-Week Low NAV | $10.01 | |||
| 52-Week Low NAV (Date) | Apr 09, 2025 | |||
| 52-Week High NAV | $10.65 | |||
| 52-Week High Price (Date) | Feb 27, 2026 | |||
| Beta / Standard Deviation | FMITX-NASDAQ | Click to Compare |
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| Beta | 1.12 | |||
| Standard Deviation | 5.76 | |||
| Balance Sheet | FMITX-NASDAQ | Click to Compare |
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| Total Assets | 198.54M | |||
| Operating Ratios | FMITX-NASDAQ | Click to Compare |
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| Expense Ratio | 0.84% | |||
| Turnover Ratio | 38.00% | |||
| Performance | FMITX-NASDAQ | Click to Compare |
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| Last Bull Market Total Return | 3.85% | |||
| Last Bear Market Total Return | -4.25% | |||