NMTRX Performance — Municipal Total Return Managed Accounts Portfolio, Common Shares
Data updated: 2026-10-14
NMTRX returned +1.64% year to date and +7.35% over one year to Jul 2026. Annualised returns are +3.86% over 3 years and +0.25% over 5 years. The fund beat its Long-Term Municipal Bond category average: $100 invested three years ago grew to $112, against $110 for the category, and to $107 over one year, against $106. Volatility over the past three years was 5.24% a year. In the 12 months to Jul 2026 the fund took in a net $35.6M, and assets reached $1.57B.
NMTRX Growth of $100
What $100 invested in Municipal Total Return Managed Accounts Portfolio 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 | NMTRX | Category average |
|---|---|---|
| 1 year (Aug 2025 – Jul 2026) | $107 | $106 |
| 3 years (Aug 2023 – Jul 2026) | $112 | $110 |
| 5 years (Aug 2021 – Jul 2026) | $101 | $101 |
| Since data start (Aug 2019 – Jul 2026) | $112 | $110 |
NMTRX Trailing Returns
Total returns to Jul 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +1.64% |
| 1 year | +7.35% |
| 3 years (annualised) | +3.86% |
| 5 years (annualised) | +0.25% |
NMTRX Annual Returns
Calendar-year total returns of Municipal Total Return Managed Accounts Portfolio, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–Jul) | +1.64% |
| 2025 | +3.98% |
| 2024 | +2.69% |
| 2023 | +6.20% |
| 2022 | −12.00% |
| 2021 | +2.68% |
| 2020 | +5.24% |
| 2019 (Aug–Dec) | +1.85% |
NMTRX 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +0.6% | +1.6% | −1.9% | +1.4% | +0.7% | +1.0% | −1.7% | — | — | — | — | — |
| 2025 | +0.3% | +1.1% | −1.6% | −0.6% | −0.5% | +0.6% | −0.6% | +0.9% | +2.8% | +1.4% | +0.4% | +0.1% |
| 2024 | 0.0% | +0.2% | +0.1% | −0.9% | +0.1% | +1.4% | +0.8% | +0.6% | +1.0% | −1.2% | +1.6% | −1.2% |
| 2023 | +2.5% | −1.9% | +1.7% | +0.1% | −0.6% | +0.8% | +0.3% | −1.1% | −2.4% | −1.1% | +5.6% | +2.4% |
| 2022 | −3.1% | −0.7% | −3.8% | −3.7% | +1.1% | −2.3% | +3.0% | −2.6% | −3.9% | −0.8% | +4.3% | +0.2% |
| 2021 | +0.7% | −1.8% | +0.7% | +1.3% | +0.6% | +0.4% | +1.0% | −0.4% | −1.0% | −0.1% | +1.2% | +0.2% |
| 2020 | +2.2% | +1.8% | −4.9% | −2.5% | +3.6% | +1.3% | +1.9% | −0.4% | +0.1% | −0.3% | +1.9% | +0.8% |
| 2019 | — | — | — | — | — | — | — | +2.1% | −0.9% | 0.0% | +0.3% | +0.3% |
NMTRX Risk
Risk measures from monthly returns over Aug 2023 – Jul 2026.
- 3-year volatility (annualised): 5.24%
- 3-year Sharpe ratio: -0.12 (vs 4.5% risk-free rate)
- Best month: +5.56% (Nov 2023)
- Worst month: −2.39% (Sep 2023)
NMTRX Fund Flows
Monthly money in and out of Municipal Total Return Managed Accounts Portfolio, from SEC Form N-PORT.
- 12-month net flow: $35.6M
- 12-month gross sales (incl. reinvestments): $508.7M
- Sales ÷ redemptions: 1.08×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jul 2026 | $44.1M | $19.6M | $24.4M |
| Jun 2026 | $31.7M | $28.0M | $3.7M |
| May 2026 | $39.5M | $24.4M | $15.1M |
| Apr 2026 | $47.9M | $46.7M | $1.2M |
| Mar 2026 | $30.0M | $31.8M | −$1.8M |
| Feb 2026 | $43.0M | $29.1M | $14.0M |
| Jan 2026 | $89.9M | $41.4M | $48.4M |
| Dec 2025 | $44.5M | $84.5M | −$40.0M |
| Nov 2025 | $24.9M | $37.7M | −$12.8M |
| Oct 2025 | $39.7M | $30.1M | $9.6M |
| Sep 2025 | $41.2M | $43.8M | −$2.6M |
| Aug 2025 | $32.4M | $56.0M | −$23.7M |
NMTRX Assets Under Management
Net assets of Municipal Total Return Managed Accounts Portfolio by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-07-31 | $1.57B |
| 2026-04-30 | $1.55B |
| 2026-01-31 | $1.54B |
| 2025-10-31 | $1.54B |
| 2025-07-31 | $1.50B |
| 2025-04-30 | $1.48B |
| 2025-01-31 | $1.58B |
| 2024-10-31 | $1.58B |
| 2024-07-31 | $1.56B |
| 2024-04-30 | $1.52B |
| 2024-01-31 | $1.52B |
| 2023-10-31 | $1.35B |
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.