FAFNX holdings — Nuveen Michigan Municipal Bond Fund

Nuveen Michigan Municipal Bond Fund (FAFNX) held 119 positions with net assets of $217M as of May 31, 2026, according to its Form N-PORT report to the SEC. Its top 10 holdings make up 28.2% of the fund, led by Lansing Board of Water and Light, Michigan, Utility System Revenue Bonds, Series 2019A, Michigan State, Trunk Line Fund Bonds, Rebuilding Michigan Program Series 2020B, Michigan Finance Authority, Hospital Revenue Bonds, McLaren Health Care, Series 2019A.

FAFNX top holdings

  1. Lansing Board of Water and Light, Michigan, Utility System Revenue Bonds, Series 2019A — 4.62% ($10.0M)
  2. Michigan State, Trunk Line Fund Bonds, Rebuilding Michigan Program Series 2020B — 4.08% ($8.86M)
  3. Michigan Finance Authority, Hospital Revenue Bonds, McLaren Health Care, Series 2019A — 3.81% ($8.26M)
  4. Michigan Finance Authority, Michigan, Revenue Bonds, Trinity Health Credit Group, Refunding Series 2019A-MI — 3.65% ($7.92M)
  5. Michigan Finance Authority, Distributable State Aid Revenue Bonds, Charter County of Wayne, Second Lien Refunding Series 2020 — 2.89% ($6.27M)
  6. Lansing Board of Water and Light, Michigan, Utility System Revenue Bonds, Series 2019A — 2.28% ($4.95M)
  7. Michigan Finance Authority, Local Government Loan Program Revenue Bonds, Detroit Distributable State Aid Fifth Lien LTGO Local Project, Refunding Fina — 1.86% ($4.04M)
  8. Michigan State Building Authority, Revenue Bonds, Facilities Program, Series 2021I — 1.74% ($3.78M)
  9. Wayne County Airport Authority, Michigan, Revenue Bonds, Detroit Metropolitan Wayne County Airport, Series 2021A — 1.64% ($3.55M)
  10. Gerald R. Ford International Airport Authority, Kent County, Michigan, Revenue Bonds, Limited Tax General Obligation Series 2024 — 1.59% ($3.46M)
  11. Rockford Public Schools, Kent County, Michigan, General Obligation Bonds, School Building & Site Series 2019I — 1.45% ($3.15M)
  12. Michigan State Building Authority, Revenue Bonds, Facilities Program, Multi-Modal Series 2024I — 1.38% ($3.00M)
  13. Puerto Rico Sales Tax Financing Corporation, Sales Tax Revenue Bonds, Taxable Restructured Cofina Project Series 2019A-2 — 1.36% ($2.95M)
  14. Michigan Strategic Fund, Limited Obligation Revenue Bonds, I-75 Improvement Project, Series 2018 — 1.29% ($2.80M)
  15. Detroit Downtown Development Authority, Michigan, Tax Increment Revenue Bonds, Catalyst Development Project, Refunding Series 2024 — 1.29% ($2.80M)
  16. Great Lakes Water Authority, Michigan, Water Supply Revenue Bonds, Senior Lien Series 2025C — 1.26% ($2.74M)
  17. Puerto Rico Sales Tax Financing Corporation, Sales Tax Revenue Bonds, Restructured 2018A-1 — 1.24% ($2.69M)
  18. Great Lakes Water Authority, Michigan, Sewer Disposal System Revenue Bonds, Senior Lien Series 2023C — 1.22% ($2.66M)
  19. University of Michigan, General Revenue Bonds, Variable Rate Demand Obligation Series 2012A — 1.20% ($2.60M)
  20. Michigan Technological University, General Revenue Bonds, Series 2023A — 1.20% ($2.60M)
  21. Walled Lake Consolidated School District, Oakland County, Michigan, General Obligation Bonds, School Building & Site Series 2020 — 1.20% ($2.59M)
  22. Monroe Public Schools, Monroe County, Michigan, General Obligation Bonds, School Building & Site Series 2020I — 1.18% ($2.56M)
  23. Michigan Public Power Agency, Michigan, Belle River Project Revenue Bonds, Series 2024A — 1.06% ($2.30M)
  24. Byron Center Public Schools, Kent County, Michigan, General Obligation Bonds, School Building & Site Series 2017I — 1.05% ($2.28M)
  25. Michigan Finance Authority, Distributable State Aid Revenue Bonds, Charter County of Wayne, Second Lien Refunding Series 2020 — 1.04% ($2.25M)

What are FAFNX's top 10 holdings?

Lansing Board of Water and Light, Michigan, Utility System Revenue Bonds, Series 2019A (4.6%), Michigan State, Trunk Line Fund Bonds, Rebuilding Michigan Program Series 2020B (4.1%), Michigan Finance Authority, Hospital Revenue Bonds, McLaren Health Care, Series 2019A (3.8%), Michigan Finance Authority, Michigan, Revenue Bonds, Trinity Health Credit Group, Refunding Series 2019A-MI (3.6%), Michigan Finance Authority, Distributable State Aid Revenue Bonds, Charter County of Wayne, Second Lien Refunding Series 2020 (2.9%), Lansing Board of Water and Light, Michigan, Utility System Revenue Bonds, Series 2019A (2.3%), Michigan Finance Authority, Local Government Loan Program Revenue Bonds, Detroit Distributable State Aid Fifth Lien LTGO Local Project, Refunding Fina (1.9%), Michigan State Building Authority, Revenue Bonds, Facilities Program, Series 2021I (1.7%), Wayne County Airport Authority, Michigan, Revenue Bonds, Detroit Metropolitan Wayne County Airport, Series 2021A (1.6%), Gerald R. Ford International Airport Authority, Kent County, Michigan, Revenue Bonds, Limited Tax General Obligation Series 2024 (1.6%).

How many stocks are in FAFNX?

Nuveen Michigan Municipal Bond Fund reported 119 holdings as of May 31, 2026.

Share classes: FAFNX, FMITX, NMMIX

All ETF and mutual fund holdings