NAAGX — Nuveen Massachusetts Municipal Bond Fund
Data updated: 2026-07-24
NAAGX — Nuveen Massachusetts Municipal Bond Fund data: holdings, portfolio allocation, expenses, performance, cashflows, risk and SEC filings. Long Municipal - National Bond · $439.68M AUM · 1.61% expense ratio · 2.5% 1-yr return. From SEC regulatory filings.
NAAGX Fund Overview
NAAGX — Nuveen Massachusetts Municipal Bond Fund is a US mutual fund managed by Nuveen Multistate Trust II /ma/, categorised as Long Municipal - National Bond. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.
- Type: US mutual fund
- Manager: Nuveen Multistate Trust II /ma/
- Category: Long Municipal - National Bond
- Assets under management: $439.68M
- 1-year return: 2.5%
- Ticker: NAAGX
- SEC CIK: 0001018975
- SEC series ID: S000000555
- Share class ID: C000137689
NAAGX Holdings
Top 10 holdings of Nuveen Massachusetts Municipal Bond Fund by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| Massachusetts State, General Obligation Bonds, Consolidated Series 2022E | 3.52% |
| Massachusetts Development Finance Agency, Revenue Bonds, Boston Medical Center Issue, Series 2023G | 2.51% |
| Massachusetts Development Finance Agency, Revenue Bonds, Boston Children's Hospital Series 2024T | 2.39% |
| University of Massachusetts Building Authority, Project Revenue Bonds, Senior Series 2022-1 | 2.10% |
| Massachusetts State, General Obligation Bonds, Consolidated Loan, Series 2019C | 1.95% |
| Massachusetts State, Transportation Fund Revenue Bonds, Rail Enhancement & Accelerated Bridge Programs, Series 2017A | 1.88% |
| Massachusetts Development Finance Agency, Revenue Bonds, Mass General Brigham, Series 2024D | 1.82% |
| Massachusetts Development Finance Agency, Revenue Bonds, Boston Medical Center Issue, Green Bonds, Series 2015D | 1.77% |
| Massachusetts State, General Obligation Bonds, Consolidated Loan, Series 2022C | 1.69% |
| Greater Fall River Regional Vocational Technical School District, Massachusetts, State Qualified General Obligation Bonds, School Project Loan, Chapte | 1.63% |
NAAGX Portfolio Allocation
Asset-class allocation of Nuveen Massachusetts Municipal Bond Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Fixed Income | 97.7% |
NAAGX Performance
Total returns for NAAGX (as of 2026-08-01), from SEC filings.
| Period | Total return |
|---|---|
| YTD | 1.5% |
| 1 year | 2.5% |
| 3 years (annualised) | 2.7% |
| 5 years (annualised) | -0.4% |
NAAGX Risk Information
Risk metrics for NAAGX, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 4.0%
NAAGX Costs and Fees
NAAGX costs about $161 per $10,000 invested per year in fund expenses.
- Net expense ratio: 1.61%
- Gross expense ratio: 1.61%
- Portfolio turnover: 21%
- Brokerage commissions: 0.00 bps of average net assets (SEC N-CEN)
NAAGX Cashflows
Over the 12 months to 2026-02, Nuveen Massachusetts Municipal Bond Fund had net outflows of $47.27M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2026-02 | −$545.38K |
| 2026-01 | $1.93M |
| 2025-12 | $8.75M |
| 2025-11 | −$2.15M |
| 2025-10 | −$1.10M |
| 2025-09 | $2.04M |
NAAGX Debt Constituents
Largest debt holdings of Nuveen Massachusetts Municipal Bond Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Debt holding | % of net assets |
|---|---|
| Massachusetts State, General Obligation Bonds, Consolidated Series 2022E | 3.52% |
| Massachusetts Development Finance Agency, Revenue Bonds, Boston Medical Center Issue, Series 2023G | 2.51% |
| Massachusetts Development Finance Agency, Revenue Bonds, Boston Children's Hospital Series 2024T | 2.39% |
| University of Massachusetts Building Authority, Project Revenue Bonds, Senior Series 2022-1 | 2.10% |
| Massachusetts State, General Obligation Bonds, Consolidated Loan, Series 2019C | 1.95% |
| Massachusetts State, Transportation Fund Revenue Bonds, Rail Enhancement & Accelerated Bridge Programs, Series 2017A | 1.88% |
| Massachusetts Development Finance Agency, Revenue Bonds, Mass General Brigham, Series 2024D | 1.82% |
| Massachusetts Development Finance Agency, Revenue Bonds, Boston Medical Center Issue, Green Bonds, Series 2015D | 1.77% |
| Massachusetts State, General Obligation Bonds, Consolidated Loan, Series 2022C | 1.69% |
| Greater Fall River Regional Vocational Technical School District, Massachusetts, State Qualified General Obligation Bonds, School Project Loan, Chapte | 1.63% |
NAAGX Prospectus and SEC Filings
Official Nuveen Massachusetts Municipal Bond Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
Related Funds
Other Long Municipal - National Bond funds tracked on ABC INVEST:
Data Sources
ABC INVEST compiles this page from public filings made to the U.S. Securities and Exchange Commission (SEC) through EDGAR: portfolio holdings and monthly cashflows from Form N-PORT, expenses and returns from fund prospectuses (Form 485BPOS) and the SEC DERA Risk/Return Summary data sets, annual data from Form N-CEN, and shareholder reports from Form N-CSR.