NMMIX — Nuveen Michigan Municipal Bond Fund
Data updated: 2026-07-24
NMMIX — Nuveen Michigan Municipal Bond Fund data: holdings, portfolio allocation, expenses, performance, cashflows, risk and SEC filings. Long Municipal - National Bond · $217.01M AUM · 0.64% expense ratio · 4.0% 1-yr return. From SEC regulatory filings.
NMMIX Fund Overview
NMMIX — Nuveen Michigan Municipal Bond Fund is a US mutual fund managed by Nuveen Multistate Trust IV, 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 IV
- Category: Long Municipal - National Bond
- Assets under management: $217.01M
- 1-year return: 4.0%
- Ticker: NMMIX
- SEC CIK: 0001018973
- SEC series ID: S000000598
- Share class ID: C000001675
NMMIX Holdings
Top 10 holdings of Nuveen Michigan Municipal Bond Fund by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| Lansing Board of Water and Light, Michigan, Utility System Revenue Bonds, Series 2019A | 4.62% |
| Michigan State, Trunk Line Fund Bonds, Rebuilding Michigan Program Series 2020B | 4.08% |
| Michigan Finance Authority, Hospital Revenue Bonds, McLaren Health Care, Series 2019A | 3.81% |
| Michigan Finance Authority, Michigan, Revenue Bonds, Trinity Health Credit Group, Refunding Series 2019A-MI | 3.65% |
| Michigan Finance Authority, Distributable State Aid Revenue Bonds, Charter County of Wayne, Second Lien Refunding Series 2020 | 2.89% |
| Lansing Board of Water and Light, Michigan, Utility System Revenue Bonds, Series 2019A | 2.28% |
| Michigan Finance Authority, Local Government Loan Program Revenue Bonds, Detroit Distributable State Aid Fifth Lien LTGO Local Project, Refunding Fina | 1.86% |
| Michigan State Building Authority, Revenue Bonds, Facilities Program, Series 2021I | 1.74% |
| Wayne County Airport Authority, Michigan, Revenue Bonds, Detroit Metropolitan Wayne County Airport, Series 2021A | 1.64% |
| Gerald R. Ford International Airport Authority, Kent County, Michigan, Revenue Bonds, Limited Tax General Obligation Series 2024 | 1.59% |
NMMIX Portfolio Allocation
Asset-class allocation of Nuveen Michigan Municipal Bond Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Fixed Income | 95.5% |
NMMIX Performance
Total returns for NMMIX (as of 2026-08-01), from SEC filings.
| Period | Total return |
|---|---|
| YTD | 1.7% |
| 1 year | 4.0% |
| 3 years (annualised) | 3.8% |
| 5 years (annualised) | 0.6% |
NMMIX Risk Information
Risk metrics for NMMIX, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 4.5%
NMMIX Costs and Fees
NMMIX costs about $64 per $10,000 invested per year in fund expenses.
- Net expense ratio: 0.64%
- Gross expense ratio: 0.64%
- Portfolio turnover: 38%
- Brokerage commissions: 0.00 bps of average net assets (SEC N-CEN)
NMMIX Cashflows
Over the 12 months to 2026-02, Nuveen Michigan Municipal Bond Fund had net outflows of $11.33M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2026-02 | $2.17M |
| 2026-01 | −$210.62K |
| 2025-12 | −$1.84M |
| 2025-11 | −$518.00K |
| 2025-10 | $280.89K |
| 2025-09 | $2.06M |
NMMIX Debt Constituents
Largest debt holdings of Nuveen Michigan Municipal Bond Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Debt holding | % of net assets |
|---|---|
| Lansing Board of Water and Light, Michigan, Utility System Revenue Bonds, Series 2019A | 4.62% |
| Michigan State, Trunk Line Fund Bonds, Rebuilding Michigan Program Series 2020B | 4.08% |
| Michigan Finance Authority, Hospital Revenue Bonds, McLaren Health Care, Series 2019A | 3.81% |
| Michigan Finance Authority, Michigan, Revenue Bonds, Trinity Health Credit Group, Refunding Series 2019A-MI | 3.65% |
| Michigan Finance Authority, Distributable State Aid Revenue Bonds, Charter County of Wayne, Second Lien Refunding Series 2020 | 2.89% |
| Lansing Board of Water and Light, Michigan, Utility System Revenue Bonds, Series 2019A | 2.28% |
| Michigan Finance Authority, Local Government Loan Program Revenue Bonds, Detroit Distributable State Aid Fifth Lien LTGO Local Project, Refunding Fina | 1.86% |
| Michigan State Building Authority, Revenue Bonds, Facilities Program, Series 2021I | 1.74% |
| Wayne County Airport Authority, Michigan, Revenue Bonds, Detroit Metropolitan Wayne County Airport, Series 2021A | 1.64% |
| Gerald R. Ford International Airport Authority, Kent County, Michigan, Revenue Bonds, Limited Tax General Obligation Series 2024 | 1.59% |
NMMIX Prospectus and SEC Filings
Official Nuveen Michigan 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.