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Performance analysis of NMT (Nuveen Massachusetts Quality Municipal Income Fund)

Annual Return

Over the past 3 years, NMT has had an average annual return of +14.28%, underperforming the benchmark SPY, which returned +22.45% annual.

Over the past 5 years, NMT has had an average annual return of +2.17%, underperforming the benchmark SPY, which returned +13.88% annual.

Over the past 10 years, NMT has had an average annual return of +2.93%, underperforming the benchmark SPY, which returned +15.44% annual.

Since Nov 1, 1999, NMT has had an average annual return of +4.61%, underperforming the benchmark SPY, which returned +8.56% annual.

202620252024202320222021202020192018201720162015
+16.53%+5.76%+16.29%+2.58%-30.44%+12.40%+6.48%+25.65%-14.04%+13.79%+0.34%+9.32%
201420132012201120102009200820072006200520042003
+14.97%-14.04%+6.40%+15.86%+4.22%+47.61%-19.79%-6.82%-3.73%+4.94%+7.88%+4.34%
2002200120001999
+7.11%+13.92%+10.28%-6.15%

Monthly Return

YearJanFebMarAprMayJunJulAugSepOctNovDecAnnually Total
2026+3.57%+2.01%+4.53%+3.29%+1.37%+0.78%+16.53%
2025+1.67%+2.94%+0.18%+0.62%+2.72%-2.14%-3.07%+0.63%+3.39%+0.12%-0.14%-1.11%+5.76%
2024+1.72%-0.32%+3.47%-3.93%+1.64%+5.69%+1.08%+2.52%+3.36%+1.17%+1.17%-2.03%+16.29%
2023+4.98%-2.93%-0.50%-0.80%-2.03%+1.71%+0.63%-3.19%-6.08%-2.37%+11.40%+2.84%+2.58%
2022-8.16%-8.00%-3.89%-7.85%+4.83%-2.83%+3.22%-4.88%-7.41%-5.15%+7.61%-1.64%-30.44%
2021+2.72%-4.13%+0.53%+3.40%+1.54%+1.85%+0.90%+0.37%+1.15%-0.24%+0.54%+3.35%+12.40%
2020+1.62%-3.96%-1.86%-1.55%-0.41%+4.84%+2.58%+4.80%-4.19%+2.61%+3.47%-1.10%+6.48%
2019+6.86%+0.81%+0.24%+0.97%+1.91%+1.33%+7.28%+3.47%-0.19%-0.76%-0.07%+1.58%+25.65%
2018-2.47%-5.63%+0.08%-1.32%-0.71%-1.23%-0.77%+0.36%-2.52%-1.24%+3.67%-3.00%-14.04%
2017+4.55%+2.38%-1.33%+2%+0.18%-0.68%+6.09%+0.25%-0.45%+0.93%+0.93%-1.58%+13.79%

Drawdown analysis of NMT (Nuveen Massachusetts Quality Municipal Income Fund)

The maximum drawdown for the NMT was -40.09%, occurring on Oct 10, 2008. Recovery took 237 trading sessions.

The current NMT drawdown is -3.19%.

Since Nov 1, 1999 NMT has experienced the following drawdowns:

  • 40% or more: 1 time
  • 30% or more: 2 times
  • 20% or more: 4 times
  • 10% or more: 9 times
DepthStartTo BottomBottomTo RecoverEndTotal
-40.09%Mar 2, 2006658Oct 10, 2008237Sep 21, 2009895
-38.87%Nov 22, 2021483Oct 25, 2023630May 1, 20261113
-21.47%Jan 24, 2013226Dec 16, 2013495Dec 3, 2015721
-20.50%Jul 25, 2016558Oct 10, 2018202Aug 1, 2019760
-18.20%Oct 21, 201061Jan 19, 2011243Jan 5, 2012304
-17.05%Jan 24, 202040Mar 23, 202076Jul 10, 2020116
-16.42%Jun 4, 200341Aug 1, 2003167Mar 31, 2004208
-15.35%Feb 15, 200526Mar 24, 2005115Sep 7, 2005141
-13.69%Mar 31, 200461Jun 29, 200484Oct 27, 2004145
-9.72%Nov 3, 199998Mar 24, 200086Jul 27, 2000184
-8.85%Oct 7, 200929Nov 17, 200972Mar 4, 2010101
-8.71%Feb 13, 201223Mar 16, 201232May 2, 201255
-8.29%Oct 8, 200212Oct 24, 200293Mar 11, 2003105
-7.58%Oct 15, 201243Dec 18, 201220Jan 17, 201363
-7.50%Sep 7, 200528Oct 17, 200591Feb 28, 2006119
-6.38%Mar 1, 200219Mar 28, 200233May 15, 200252
-6.29%Aug 17, 202027Sep 24, 202036Nov 13, 202063
-6.26%Feb 11, 202113Mar 3, 202147May 10, 202160
-6.17%Sep 4, 201910Sep 18, 201941Nov 14, 201951
-5.83%May 14, 20263May 19, 2026OngoingOngoingOngoing
-5.57%Nov 24, 200417Dec 20, 200420Jan 19, 200537
-5.37%Aug 17, 200043Oct 18, 200051Jan 2, 200194
-5.26%Apr 21, 201011May 6, 201011May 21, 201022
-5.08%Nov 4, 20043Nov 9, 20048Nov 19, 200411
-5.04%Jan 26, 20058Feb 7, 20055Feb 14, 200513