C000001674 Performance — Nuveen Michigan Municipal Bond Fund, Class C2
Data updated: 2026-09-28
C000001674 returned +3.24% over one year to May 2021. Over one year the fund trailed its Long-Term Municipal Bond category average: $100 grew to $103, against $107 for the category. Volatility over the past 12 months was 3.14% a year. In the 12 months to May 2026 the fund took in a net $20.6M, and assets reached $217.01M.
C000001674 Growth of $100
What $100 invested in Nuveen Michigan Municipal Bond Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Long-Term Municipal Bond category average over the same months.
| Period | C000001674 | Category average |
|---|---|---|
| 1 year (Jun 2020 – May 2021) | $103 | $107 |
| Since data start (Sep 2019 – May 2021) | $105 | $106 |
C000001674 Trailing Returns
Total returns to May 2021, from SEC N-PORT.
| Period | Total return |
|---|---|
| 1 year | +3.24% |
C000001674 Annual Returns
Calendar-year total returns of Nuveen Michigan Municipal Bond Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2021 (Jan–May) | +0.65% |
| 2020 | +4.43% |
| 2019 (Sep–Dec) | −0.47% |
C000001674 Monthly Returns
Monthly total returns as reported on SEC Form N-PORT.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2021 | +0.6% | −1.8% | +0.6% | +0.8% | +0.4% | — | — | — | — | — | — | — |
| 2020 | +1.7% | +1.3% | −3.0% | −1.3% | +3.2% | +0.3% | +1.3% | −0.6% | −0.1% | −0.3% | +1.6% | +0.3% |
| 2019 | — | — | — | — | — | — | — | — | −0.8% | 0.0% | +0.1% | +0.2% |
C000001674 Risk
Risk measures from monthly returns over Jun 2020 – May 2021.
- 1-year volatility (annualised): 3.14%
- Best month: +1.57% (Nov 2020)
- Worst month: −1.85% (Feb 2021)
C000001674 Fund Flows
Monthly money in and out of Nuveen Michigan Municipal Bond Fund, from SEC Form N-PORT.
- 12-month net flow: $20.6M
- 12-month gross sales (incl. reinvestments): $72.4M
- Sales ÷ redemptions: 1.40×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| May 2026 | $24.4M | $4.8M | $19.6M |
| Apr 2026 | $2.0M | $3.7M | −$1.7M |
| Mar 2026 | $5.5M | $2.3M | $3.2M |
| Feb 2026 | $4.2M | $2.0M | $2.2M |
| Jan 2026 | $3.0M | $3.3M | −$211K |
| Dec 2025 | $2.7M | $4.5M | −$1.8M |
| Nov 2025 | $4.2M | $4.7M | −$518K |
| Oct 2025 | $4.2M | $3.9M | $281K |
| Sep 2025 | $6.8M | $4.7M | $2.1M |
| Aug 2025 | $3.7M | $4.8M | −$1.1M |
| Jul 2025 | $5.2M | $7.4M | −$2.2M |
| Jun 2025 | $6.4M | $5.5M | $953K |
C000001674 Assets Under Management
Net assets of Nuveen Michigan Municipal Bond Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-05-31 | $217.01M |
| 2026-02-28 | $198.54M |
| 2025-11-30 | $196.41M |
| 2025-08-31 | $187.29M |
| 2025-05-31 | $190.27M |
| 2025-02-28 | $209.55M |
| 2024-11-30 | $238.08M |
| 2024-08-31 | $220.01M |
| 2024-05-31 | $221.76M |
| 2024-02-29 | $227.41M |
| 2023-11-30 | $225.69M |
| 2023-08-31 | $286.46M |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.