Nuveen Missouri Municipal Bond Fund (FMOTX)
Under normal market conditions, the fund invests at least 80% of its net assets in investment grade municipal bonds rated BBB/Baa or higher at the time of purchase by at least one independent rating agency, or, if unrated, judged by the fund's sub-adviser to be of comparable quality. It may invest up to 20% of its net assets in below investment grade municipal bonds, commonly referred to as "high yield" or "junk" bonds.
Fund Info
US67065R8126
67065R812
Aug 2, 1987
$3,000
Expense Ratio
FMOTX has an expense ratio of 0.75%, placing it in the medium range.
Share Price Chart
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Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Nuveen Missouri Municipal Bond Fund, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
Nuveen Missouri Municipal Bond Fund (FMOTX) returned -1.73% year-to-date (YTD) and 0.06% over the past 12 months. Over the past 10 years, FMOTX returned 2.11% annually, underperforming the S&P 500 benchmark at 10.31%.
FMOTX
-1.73%
-0.29%
-0.60%
0.06%
0.91%
2.11%
^GSPC (Benchmark)
-4.26%
11.24%
-5.02%
8.55%
14.02%
10.31%
Monthly Returns
The table below presents the monthly returns of FMOTX, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | 0.00% | 0.96% | -1.61% | -1.07% | -0.00% | -1.73% | |||||||
| 2024 | 0.10% | 0.00% | -0.28% | -0.66% | 0.00% | 1.44% | 0.76% | 0.57% | 1.04% | -1.31% | 1.62% | -1.22% | 2.02% |
| 2023 | 3.14% | -2.46% | 1.82% | -0.02% | -0.78% | 0.95% | 0.27% | -0.98% | -3.02% | -1.72% | 6.76% | 2.50% | 6.21% |
| 2022 | -2.29% | -0.43% | -2.47% | -3.08% | 1.14% | -2.04% | 2.60% | -2.48% | -4.36% | -1.07% | 5.43% | -0.05% | -9.10% |
| 2021 | 0.38% | -1.24% | 0.64% | 0.98% | 0.54% | 0.28% | 0.71% | -0.31% | -0.74% | -0.34% | 1.17% | 0.11% | 2.16% |
| 2020 | 1.56% | 1.35% | -3.32% | -1.95% | 2.86% | 1.02% | 1.44% | -0.38% | 0.05% | -0.29% | 1.51% | 0.55% | 4.33% |
| 2019 | 0.55% | 0.55% | 1.62% | 0.36% | 1.33% | 0.45% | 0.71% | 1.65% | -0.51% | 0.00% | 0.17% | 0.17% | 7.27% |
| 2018 | -1.05% | -0.35% | 0.55% | -0.35% | 1.18% | 0.10% | 0.10% | 0.19% | -0.53% | -0.71% | 0.92% | 1.10% | 1.13% |
| 2017 | 0.19% | 0.64% | 0.37% | 0.63% | 1.52% | -0.25% | 0.54% | 0.71% | -0.25% | 0.01% | -0.08% | 0.99% | 5.12% |
| 2016 | 1.01% | 0.04% | 0.65% | 0.74% | 0.55% | 1.84% | -0.14% | 0.26% | -0.42% | -0.93% | -3.64% | 1.25% | 1.10% |
| 2015 | 1.72% | -1.08% | 0.31% | -0.48% | -0.13% | -0.22% | 0.85% | 0.49% | 0.58% | 0.31% | 0.49% | 0.85% | 3.72% |
| 2014 | 2.39% | 1.34% | 0.51% | 1.05% | 1.58% | -0.03% | -0.03% | 1.31% | 0.33% | 0.77% | 0.15% | 0.68% | 10.50% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of FMOTX is 24, meaning it’s performing worse than 76% of other mutual funds on our website when it comes to balancing risk and reward. Below is a breakdown of how it compares using common performance measures.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Nuveen Missouri Municipal Bond Fund (FMOTX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Nuveen Missouri Municipal Bond Fund provided a 3.23% dividend yield over the last twelve months, with an annual payout of $0.33 per share. The fund has been increasing its distributions for 2 consecutive years.
| Period | TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.33 | $0.36 | $0.34 | $0.27 | $0.28 | $0.32 | $0.37 | $0.37 | $0.37 | $0.40 | $0.42 | $0.45 |
Dividend yield | 3.23% | 3.44% | 3.17% | 2.61% | 2.39% | 2.74% | 3.18% | 3.35% | 3.29% | 3.59% | 3.71% | 3.89% |
Monthly Dividends
The table displays the monthly dividend distributions for Nuveen Missouri Municipal Bond Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | $0.03 | $0.03 | $0.03 | $0.00 | $0.00 | $0.09 | |||||||
| 2024 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.36 |
| 2023 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.34 |
| 2022 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.03 | $0.03 | $0.27 |
| 2021 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.28 |
| 2020 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.02 | $0.02 | $0.32 |
| 2019 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.37 |
| 2018 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.37 |
| 2017 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.37 |
| 2016 | $0.04 | $0.04 | $0.04 | $0.04 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.04 | $0.40 |
| 2015 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.42 |
| 2014 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.45 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
Worst Drawdowns
The table below displays the maximum drawdowns of the Nuveen Missouri Municipal Bond Fund. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the Nuveen Missouri Municipal Bond Fund was 15.31%, occurring on Dec 15, 2008. Recovery took 179 trading sessions.
The current Nuveen Missouri Municipal Bond Fund drawdown is 3.42%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -15.31% | Jan 24, 2008 | 225 | Dec 15, 2008 | 179 | Sep 1, 2009 | 404 |
| -14.39% | Aug 5, 2021 | 310 | Oct 25, 2022 | — | — | — |
| -11.85% | Feb 1, 1994 | 204 | Nov 21, 1994 | 116 | May 9, 1995 | 320 |
| -10.55% | Mar 10, 2020 | 9 | Mar 20, 2020 | 98 | Aug 10, 2020 | 107 |
| -8.19% | May 3, 2013 | 86 | Sep 5, 2013 | 164 | May 1, 2014 | 250 |
Volatility
Volatility Chart
The current Nuveen Missouri Municipal Bond Fund volatility is 3.74%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.