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NMIMX

$--
--%
1d
1w
1m

Analysis and statistics

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  • Dividend Per Share
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About

NMIMX.US represents Nuveen Missouri Intermediate Duration Municipal Fund, a mutual fund managed by Nuveen. It typically invests in a portfolio of intermediate-term municipal securities that are exempt from federal and Missouri income taxes. The fund aims to provide current income consistent with capital preservation.
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Factors

Market Interest Rates: Rising rates often lead to lower bond prices, impacting NMIMX's value, while falling rates can boost prices.

Credit Quality: Downgrades in the credit ratings of bonds held by NMIMX can decrease its net asset value (NAV), and upgrades can increase it.

Economic Conditions: Factors like GDP growth, inflation, and unemployment influence bond yields and NMIMX's performance.

Inflation Expectations: Higher inflation expectations typically cause bond yields to rise, potentially reducing NMIMX's NAV.

Fund Management: The skill of the fund managers in selecting and managing bond holdings directly impacts NMIMX's performance and price.

Supply and Demand: Increased demand for NMIMX can push its price higher, while increased selling pressure can lower it.

Fund Expenses: High expense ratios can detract from NMIMX's overall return, affecting its attractiveness and ultimately its price.

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